LSAF vs. FTC ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

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

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$146.37

Average Daily Volume

33,503

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	FTC
30 Days	5.32%	9.08%
60 Days	6.52%	12.23%
90 Days	9.24%	15.96%
12 Months	34.17%	42.15%

31 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in FTC	Overlap
AAPL	C	0.93%	0.33%	0.33%
AMP	A	1.15%	0.8%	0.8%
AXP	A	1.03%	0.89%	0.89%
AZO	C	0.92%	0.33%	0.33%
BKNG	A	1.17%	0.57%	0.57%
BLD	D	0.84%	0.3%	0.3%
BR	A	1.0%	0.51%	0.51%
CAT	B	0.94%	0.66%	0.66%
CPAY	A	1.13%	0.39%	0.39%
CSL	C	0.93%	0.49%	0.49%
EXPE	B	1.17%	1.03%	1.03%
FI	A	1.15%	0.78%	0.78%
FICO	B	1.14%	1.0%	1.0%
FTNT	C	1.15%	0.59%	0.59%
GEN	B	1.02%	0.73%	0.73%
GOOGL	C	0.96%	0.17%	0.17%
GS	A	1.14%	0.99%	0.99%
HCA	F	0.78%	0.71%	0.71%
HLT	A	1.03%	0.53%	0.53%
IT	C	0.97%	0.35%	0.35%
MAR	B	1.08%	0.38%	0.38%
MO	A	1.04%	0.36%	0.36%
MTD	D	0.76%	0.13%	0.13%
ORLY	B	0.99%	0.35%	0.35%
SPGI	C	0.94%	0.48%	0.48%
THC	D	0.85%	0.82%	0.82%
TMUS	B	1.08%	0.77%	0.77%
TRGP	B	1.34%	1.08%	1.08%
UTHR	C	0.97%	0.9%	0.9%
VST	B	1.32%	0.97%	0.97%
WSO	A	1.05%	0.52%	0.52%

LSAF Overweight 68 Positions Relative to FTC

Symbol	Grade	Weight
EXEL	B	1.27%
SYF	B	1.24%
UNM	A	1.21%
OWL	A	1.19%
AAON	B	1.18%
GM	B	1.17%
PLNT	A	1.16%
DUOL	A	1.15%
NTNX	A	1.14%
STLD	B	1.09%
LOPE	B	1.08%
CMI	A	1.08%
PRI	A	1.06%
EQH	B	1.05%
GWRE	A	1.04%
RS	B	1.04%
FOXA	B	1.04%
WRB	A	1.04%
JBL	B	1.03%
MUSA	A	1.02%
ORI	A	1.02%
RL	B	1.01%
EXP	A	1.01%
AMG	B	1.0%
LPX	B	1.0%
EEFT	B	1.0%
LNW	D	0.99%
REG	B	0.98%
MET	A	0.98%
AIG	B	0.98%
HIG	B	0.97%
H	B	0.97%
FIS	C	0.97%
WWD	B	0.96%
PSX	C	0.95%
AFL	B	0.95%
DVA	B	0.95%
LOW	D	0.93%
COLM	B	0.93%
POST	C	0.93%
MPC	D	0.93%
PVH	C	0.93%
TOL	B	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%
TXT	D	0.9%
CI	F	0.9%
EBAY	D	0.89%
AN	C	0.89%
MAS	D	0.88%
DD	D	0.88%
LMT	D	0.88%
NSA	D	0.87%
KBR	F	0.87%
NVR	D	0.86%
LEN	D	0.85%
SAIC	F	0.85%
BLDR	D	0.85%
HRB	D	0.84%
PHM	D	0.84%
MHK	D	0.81%
FBIN	D	0.8%
WMS	D	0.77%
CROX	D	0.67%

LSAF Underweight 155 Positions Relative to FTC

Symbol	Grade	Weight
APP	B	-1.81%
PLTR	B	-1.32%
AXON	A	-1.26%
CVNA	B	-1.15%
RCL	A	-1.09%
VRT	B	-1.01%
DASH	A	-1.01%
GDDY	A	-0.98%
KKR	A	-0.96%
EME	C	-0.96%
HWM	A	-0.94%
HOOD	B	-0.92%
BK	A	-0.9%
WAB	B	-0.9%
PWR	A	-0.9%
CCL	B	-0.88%
TT	A	-0.88%
HEI	B	-0.88%
URI	B	-0.87%
CPNG	D	-0.86%
ALL	A	-0.86%
PGR	A	-0.85%
BURL	A	-0.85%
NRG	B	-0.84%
VTR	C	-0.82%
NVDA	C	-0.81%
GRMN	B	-0.8%
LYV	A	-0.79%
IRM	D	-0.79%
RBLX	C	-0.79%
FCNCA	A	-0.78%
NTRS	A	-0.78%
NOW	A	-0.77%
JPM	A	-0.76%
TPL	A	-0.75%
PH	A	-0.74%
ACGL	D	-0.74%
ORCL	B	-0.73%
MSI	B	-0.73%
CEG	D	-0.72%
PCG	A	-0.71%
BSX	B	-0.7%
CTAS	B	-0.7%
PM	B	-0.7%
BRO	B	-0.7%
COST	B	-0.69%
SHW	A	-0.68%
LII	A	-0.68%
ANET	C	-0.67%
META	D	-0.67%
AVGO	D	-0.66%
PEG	A	-0.65%
FSLR	F	-0.65%
APO	B	-0.64%
ERIE	D	-0.63%
IBM	C	-0.63%
GE	D	-0.63%
RMD	C	-0.63%
BAH	F	-0.63%
ALNY	D	-0.62%
NEE	D	-0.59%
TDG	D	-0.59%
NFLX	A	-0.57%
TTD	B	-0.56%
GWW	B	-0.55%
DECK	A	-0.54%
CASY	A	-0.53%
ISRG	A	-0.53%
NDAQ	A	-0.52%
COIN	C	-0.52%
AJG	B	-0.51%
WELL	A	-0.51%
TYL	B	-0.51%
TJX	A	-0.5%
HUBB	B	-0.5%
MCO	B	-0.49%
BRK.A	B	-0.49%
MANH	D	-0.48%
NTAP	C	-0.47%
SO	D	-0.47%
LVS	C	-0.47%
ECL	D	-0.47%
ICE	C	-0.47%
UBER	D	-0.46%
TSCO	D	-0.46%
VLTO	D	-0.45%
XYL	D	-0.44%
PSA	D	-0.44%
CL	D	-0.43%
EFX	F	-0.43%
WMB	A	-0.41%
AMT	D	-0.41%
TSLA	B	-0.4%
DELL	C	-0.38%
AMZN	C	-0.38%
PANW	C	-0.38%
ADSK	A	-0.37%
APH	A	-0.37%
ARES	A	-0.36%
ETN	A	-0.36%
RSG	A	-0.35%
IR	B	-0.35%
DOV	A	-0.35%
SPG	B	-0.35%
MCD	D	-0.33%
ROL	B	-0.33%
MMC	B	-0.33%
ROST	C	-0.32%
MSTR	C	-0.32%
OTIS	C	-0.32%
CBOE	B	-0.32%
AMGN	D	-0.31%
RIVN	F	-0.31%
VICI	C	-0.31%
LLY	F	-0.3%
EXR	D	-0.3%
KO	D	-0.29%
O	D	-0.29%
WSM	B	-0.28%
LPLA	A	-0.22%
MPWR	F	-0.21%
CRM	B	-0.2%
CRWD	B	-0.2%
FAST	B	-0.19%
PAYX	C	-0.18%
AON	A	-0.18%
ADP	B	-0.18%
MKL	A	-0.18%
DLR	B	-0.18%
WDAY	B	-0.18%
GPN	B	-0.18%
ESS	B	-0.17%
ITW	B	-0.17%
CHD	B	-0.17%
MSCI	C	-0.17%
CMG	B	-0.17%
VRTX	F	-0.17%
WAT	B	-0.17%
DKNG	B	-0.17%
MA	C	-0.17%
SYK	C	-0.17%
WM	A	-0.17%
MU	D	-0.16%
QCOM	F	-0.16%
PG	A	-0.16%
EQIX	A	-0.16%
AVB	B	-0.16%
SBAC	D	-0.15%
KMB	D	-0.15%
GLPI	C	-0.15%
LIN	D	-0.15%
CCI	D	-0.14%
A	D	-0.14%
ZTS	D	-0.14%
KLAC	D	-0.13%