IGV vs. LSAT ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to LeaderShares AlphaFactor Tactical Focused ETF (LSAT)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.19

Average Daily Volume

3,129,946

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

LSAT

LeaderShares AlphaFactor Tactical Focused ETF

LSAT Description

The investment seeks to generate long term capital growth. The fund will typically be invested in a diversified portfolio of equity securities, or investments that are economically tied to equity securities (i.e., derivatives) such as equity options, of companies with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.

Grade (RS Rating)

Last Trade

$36.99

Average Daily Volume

12,905

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	LSAT
30 Days	-6.59%	-2.84%
60 Days	-5.30%	4.09%
90 Days	-5.45%	5.70%
12 Months	37.18%	21.12%

1 Overlapping Holdings

	Symbol	Grade	Weight in IGV	Weight in LSAT	Overlap
	TDC	D	0.16%	3.24%	0.16%

IGV Overweight 113 Positions Relative to LSAT

Symbol	Grade	Weight
MSFT	C	9.1%
CRM	D	8.34%
ORCL	D	8.13%
ADBE	D	7.8%
INTU	C	7.52%
NOW	D	4.85%
PANW	C	4.01%
SNPS	C	3.56%
CDNS	D	3.49%
CRWD	C	2.94%
ROP	B	2.61%
WDAY	D	2.41%
ADSK	F	2.12%
FTNT	D	1.85%
PLTR	C	1.8%
DDOG	C	1.66%
HUBS	B	1.45%
EA	D	1.42%
TEAM	D	1.38%
ANSS	C	1.28%
FICO	C	1.28%
TTWO	D	1.02%
PTC	C	0.96%
MSTR	D	0.8%
TYL	A	0.78%
ZM	F	0.7%
ZS	D	0.69%
NTNX	C	0.65%
MANH	D	0.64%
APP	B	0.56%
BSY	A	0.55%
GEN	D	0.53%
SNAP	C	0.53%
DOCU	A	0.52%
DT	D	0.5%
OTEX	D	0.44%
GWRE	C	0.4%
ESTC	C	0.36%
PATH	D	0.35%
DSGX	A	0.35%
PCOR	D	0.29%
QLYS	B	0.28%
SPSC	D	0.28%
DBX	D	0.27%
CFLT	C	0.27%
BILL	F	0.26%
U	F	0.25%
AZPN	B	0.25%
IOT	C	0.24%
TENB	D	0.24%
S	C	0.23%
SMAR	D	0.23%
VRNS	C	0.22%
ALTR	C	0.21%
GTLB	C	0.21%
DLB	D	0.21%
APPF	C	0.2%
DV	F	0.19%
CVLT	C	0.19%
FIVN	D	0.19%
BOX	C	0.18%
MARA	D	0.17%
WK	F	0.17%
ACIW	A	0.16%
CCCS	C	0.15%
ALRM	D	0.15%
BLKB	A	0.15%
ENV	A	0.15%
FRSH	D	0.14%
HCP	A	0.13%
BL	D	0.13%
QTWO	A	0.13%
RPD	D	0.12%
CWAN	D	0.11%
PEGA	C	0.11%
RNG	F	0.11%
IDCC	C	0.11%
SPT	F	0.11%
RAMP	F	0.1%
AUR	C	0.1%
PRGS	F	0.1%
RIOT	D	0.09%
PD	F	0.09%
AI	D	0.09%
BRZE	D	0.09%
AGYS	A	0.08%
ZETA	A	0.08%
LSPD	D	0.08%
NCNO	D	0.08%
VRNT	C	0.08%
PRO	D	0.07%
EVBG	A	0.07%
APPN	F	0.07%
BB	D	0.07%
YOU	F	0.07%
VYX	D	0.07%
INTA	F	0.06%
ZUO	A	0.06%
VERX	B	0.06%
CXM	D	0.06%
PWSC	F	0.05%
MODN	B	0.05%
ADEA	D	0.05%
ASAN	D	0.05%
NABL	D	0.04%
ATEN	B	0.04%
ALKT	D	0.04%
JAMF	A	0.04%
SWI	C	0.03%
ETWO	D	0.03%
AVPT	B	0.03%
MLNK	D	0.02%
MTTR	A	0.02%

IGV Underweight 29 Positions Relative to LSAT

Symbol	Grade	Weight
PPC	A	-3.63%
FOX	A	-3.54%
MPC	B	-3.43%
POST	A	-3.41%
SRE	B	-3.41%
DE	B	-3.4%
VLO	B	-3.37%
DD	A	-3.36%
EBAY	A	-3.34%
NXST	D	-3.34%
CNC	C	-3.34%
HRB	D	-3.33%
VST	A	-3.31%
DINO	C	-3.3%
JEF	B	-3.29%
ARW	A	-3.28%
EXPD	D	-3.28%
MAR	C	-3.26%
JNJ	F	-3.26%
CMCSA	F	-3.25%
LH	F	-3.23%
ADTN	F	-3.21%
HLT	C	-3.18%
NSA	D	-3.17%
BMY	F	-3.16%
TNL	B	-3.14%
SPB	C	-3.14%
MTG	C	-3.11%
DKS	A	-3.05%