LSAF vs. AFLG ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Active Factor Large Cap ETF (AFLG)

LSAF

LeaderShares AlphaFactor US Core Equity ETF

LSAF Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the AlphaFactor® US Core Equity Index. Under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. The index utilizes a quantitative rules-based investment methodology that applies a multi-factor ranking process and is focused on the largest 1,000 U.S. common stocks based on market capitalization.

Grade (RS Rating)

Last Trade

$43.63

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	AFLG
30 Days	5.32%	4.50%
60 Days	6.52%	5.60%
90 Days	9.24%	7.89%
12 Months	34.17%	37.65%

48 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in AFLG	Overlap
AAPL	C	0.93%	7.06%	0.93%
AFL	B	0.95%	0.75%	0.75%
AIG	B	0.98%	0.28%	0.28%
AMP	A	1.15%	0.16%	0.16%
AXP	A	1.03%	0.41%	0.41%
AZO	C	0.92%	0.17%	0.17%
BKNG	A	1.17%	0.28%	0.28%
BLDR	D	0.85%	0.33%	0.33%
CAT	B	0.94%	0.56%	0.56%
CI	F	0.9%	0.15%	0.15%
CMI	A	1.08%	0.51%	0.51%
CSL	C	0.93%	0.39%	0.39%
EBAY	D	0.89%	0.1%	0.1%
EQH	B	1.05%	0.0%	0.0%
EXPE	B	1.17%	0.21%	0.21%
FI	A	1.15%	0.12%	0.12%
FICO	B	1.14%	0.8%	0.8%
FIS	C	0.97%	0.36%	0.36%
FOXA	B	1.04%	0.55%	0.55%
GEN	B	1.02%	0.1%	0.1%
GOOGL	C	0.96%	2.04%	0.96%
HIG	B	0.97%	1.11%	0.97%
HLT	A	1.03%	0.36%	0.36%
IT	C	0.97%	0.12%	0.12%
JBL	B	1.03%	0.18%	0.18%
LEN	D	0.85%	0.32%	0.32%
LMT	D	0.88%	0.34%	0.34%
LOW	D	0.93%	0.31%	0.31%
MAS	D	0.88%	0.5%	0.5%
MET	A	0.98%	0.04%	0.04%
MO	A	1.04%	0.99%	0.99%
MPC	D	0.93%	0.13%	0.13%
NVR	D	0.86%	0.47%	0.47%
ORLY	B	0.99%	0.06%	0.06%
PHM	D	0.84%	0.52%	0.52%
PSX	C	0.95%	0.09%	0.09%
RL	B	1.01%	0.79%	0.79%
RS	B	1.04%	0.66%	0.66%
SPGI	C	0.94%	0.08%	0.08%
STLD	B	1.09%	0.47%	0.47%
SYF	B	1.24%	0.29%	0.29%
TMUS	B	1.08%	0.35%	0.35%
TOL	B	0.93%	0.16%	0.16%
TRGP	B	1.34%	0.36%	0.36%
TXT	D	0.9%	0.07%	0.07%
UTHR	C	0.97%	0.04%	0.04%
VST	B	1.32%	1.26%	1.26%
WSO	A	1.05%	0.06%	0.06%

LSAF Overweight 51 Positions Relative to AFLG

Symbol	Grade	Weight
EXEL	B	1.27%
UNM	A	1.21%
OWL	A	1.19%
AAON	B	1.18%
GM	B	1.17%
PLNT	A	1.16%
DUOL	A	1.15%
FTNT	C	1.15%
NTNX	A	1.14%
GS	A	1.14%
CPAY	A	1.13%
LOPE	B	1.08%
MAR	B	1.08%
PRI	A	1.06%
GWRE	A	1.04%
WRB	A	1.04%
MUSA	A	1.02%
ORI	A	1.02%
EXP	A	1.01%
AMG	B	1.0%
LPX	B	1.0%
EEFT	B	1.0%
BR	A	1.0%
LNW	D	0.99%
REG	B	0.98%
H	B	0.97%
WWD	B	0.96%
DVA	B	0.95%
COLM	B	0.93%
POST	C	0.93%
PVH	C	0.93%
SNX	C	0.92%
GPK	C	0.92%
MTG	C	0.92%
PSN	D	0.91%
SPB	C	0.9%
COKE	C	0.9%
AN	C	0.89%
DD	D	0.88%
NSA	D	0.87%
KBR	F	0.87%
SAIC	F	0.85%
THC	D	0.85%
BLD	D	0.84%
HRB	D	0.84%
MHK	D	0.81%
FBIN	D	0.8%
HCA	F	0.78%
WMS	D	0.77%
MTD	D	0.76%
CROX	D	0.67%

LSAF Underweight 200 Positions Relative to AFLG

Symbol	Grade	Weight
NVDA	C	-5.45%
MSFT	F	-4.6%
META	D	-1.8%
AMZN	C	-1.78%
BRK.A	B	-1.57%
APP	B	-1.29%
AVGO	D	-1.27%
NFLX	A	-0.91%
COST	B	-0.9%
UHS	D	-0.89%
QCOM	F	-0.88%
PG	A	-0.84%
ABBV	D	-0.82%
NRG	B	-0.81%
XOM	B	-0.74%
BK	A	-0.73%
PGR	A	-0.73%
CTAS	B	-0.7%
JNJ	D	-0.7%
EME	C	-0.68%
BSX	B	-0.68%
ELV	F	-0.67%
SNA	A	-0.63%
NTAP	C	-0.63%
CEG	D	-0.62%
MRK	F	-0.62%
WMT	A	-0.61%
FFIV	B	-0.6%
CRM	B	-0.59%
BMY	B	-0.58%
CL	D	-0.58%
APH	A	-0.58%
SPG	B	-0.58%
PEG	A	-0.57%
COR	B	-0.57%
GILD	C	-0.57%
MMM	D	-0.55%
GDDY	A	-0.55%
ETN	A	-0.55%
CMCSA	B	-0.55%
MCK	B	-0.53%
FE	C	-0.52%
ECL	D	-0.52%
VZ	C	-0.49%
HPQ	B	-0.49%
TT	A	-0.49%
MAA	B	-0.47%
BBY	D	-0.47%
TPR	B	-0.47%
KR	B	-0.47%
HWM	A	-0.46%
CVX	A	-0.45%
CTSH	B	-0.45%
VICI	C	-0.44%
IBM	C	-0.44%
CSCO	B	-0.44%
GLPI	C	-0.42%
CF	B	-0.42%
CNA	B	-0.42%
LLY	F	-0.42%
WSM	B	-0.41%
GRMN	B	-0.41%
ICE	C	-0.4%
PCAR	B	-0.39%
MSI	B	-0.39%
HSIC	B	-0.39%
IBKR	A	-0.39%
WAB	B	-0.38%
CBOE	B	-0.38%
TJX	A	-0.38%
AOS	F	-0.38%
NUE	C	-0.37%
HST	C	-0.37%
PKG	A	-0.36%
RHI	B	-0.36%
OC	A	-0.36%
PM	B	-0.35%
AMAT	F	-0.34%
IP	B	-0.34%
KO	D	-0.33%
WELL	A	-0.32%
CMG	B	-0.32%
EA	A	-0.32%
DHI	D	-0.32%
ADBE	C	-0.31%
VLO	C	-0.31%
V	A	-0.3%
BRO	B	-0.3%
EVRG	A	-0.29%
RF	A	-0.29%
WU	D	-0.29%
DVN	F	-0.29%
VSCO	B	-0.28%
DECK	A	-0.28%
CFG	B	-0.27%
UNH	C	-0.27%
OGN	D	-0.27%
MANH	D	-0.25%
SOLV	C	-0.25%
MTCH	D	-0.25%
ED	D	-0.25%
LII	A	-0.25%
ERIE	D	-0.24%
FDX	B	-0.24%
EIX	B	-0.23%
CME	A	-0.23%
ZM	B	-0.23%
PH	A	-0.23%
KEYS	A	-0.22%
INCY	C	-0.22%
ACN	C	-0.22%
MA	C	-0.21%
VRSN	F	-0.21%
VTR	C	-0.21%
ALNY	D	-0.21%
WPC	D	-0.21%
NWSA	B	-0.2%
GWW	B	-0.2%
TROW	B	-0.2%
SWKS	F	-0.2%
PPG	F	-0.19%
SHW	A	-0.19%
CNC	D	-0.19%
CVS	D	-0.18%
L	A	-0.18%
T	A	-0.18%
HUM	C	-0.17%
BAH	F	-0.17%
BEN	C	-0.17%
ACGL	D	-0.17%
GL	B	-0.16%
AIZ	A	-0.16%
LKQ	D	-0.16%
VRT	B	-0.16%
EG	C	-0.15%
CPT	B	-0.15%
GE	D	-0.15%
SYK	C	-0.15%
ULTA	F	-0.14%
DELL	C	-0.14%
BBWI	D	-0.13%
ANET	C	-0.13%
LDOS	C	-0.13%
SO	D	-0.13%
CAH	B	-0.11%
SCCO	F	-0.11%
RPM	A	-0.11%
RMD	C	-0.1%
EQR	B	-0.1%
VTRS	A	-0.1%
KHC	F	-0.1%
KLAC	D	-0.1%
ETSY	D	-0.09%
PRU	A	-0.09%
SSNC	B	-0.09%
CRBG	B	-0.09%
BLK	C	-0.09%
LH	C	-0.09%
ALL	A	-0.08%
TPL	A	-0.08%
J	F	-0.08%
DXC	B	-0.08%
MOH	F	-0.08%
BG	F	-0.07%
LYB	F	-0.07%
IPG	D	-0.07%
CVNA	B	-0.07%
ROL	B	-0.06%
SNPS	B	-0.06%
DINO	D	-0.06%
DASH	A	-0.06%
ADM	D	-0.06%
ZION	B	-0.06%
UDR	B	-0.05%
PPL	B	-0.05%
NXPI	D	-0.05%
DPZ	C	-0.05%
ESS	B	-0.05%
AVB	B	-0.05%
WTW	B	-0.05%
QRVO	F	-0.05%
MCO	B	-0.05%
EPAM	C	-0.05%
CDNS	B	-0.05%
STT	A	-0.05%
PSA	D	-0.05%
KMB	D	-0.05%
PINS	D	-0.04%
AMCR	D	-0.04%
PFG	D	-0.04%
HOLX	D	-0.04%
ROST	C	-0.04%
IVZ	B	-0.04%
DKS	C	-0.04%
MOS	F	-0.03%
CDW	F	-0.03%
WBA	F	-0.03%
BWA	D	-0.03%
ALLE	D	-0.01%
TDG	D	-0.0%