LSAF vs. LCLG ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Logan Capital Broad Innovative Growth ETF (LCLG)

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

$43.59

Average Daily Volume

11,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LCLG

Logan Capital Broad Innovative Growth ETF

LCLG Description

The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests primarily in securities of companies that use innovative technologies or ideas to gain advantage over competitors. The Advisor expects to invest principally in large capitalization equity securities that are traded on U.S. securities exchanges. The fund may invest up to 20% of its total assets in securities of foreign issuers, including issuers in emerging markets.

Grade (RS Rating)

Last Trade

$52.90

Average Daily Volume

575

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	LCLG
30 Days	3.33%	7.03%
60 Days	6.17%	9.73%
90 Days	8.22%	10.64%
12 Months	32.92%	40.52%

5 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in LCLG	Overlap
AAPL	C	0.91%	4.63%	0.91%
GOOGL	C	1.04%	2.56%	1.04%
GPK	C	0.93%	0.9%	0.9%
MAR	A	1.08%	0.98%	0.98%
MTD	F	0.79%	1.58%	0.79%

LSAF Overweight 94 Positions Relative to LCLG

Symbol	Grade	Weight
EXEL	B	1.3%
TRGP	A	1.25%
SYF	B	1.23%
FTNT	C	1.2%
GM	C	1.2%
AAON	B	1.19%
EXPE	B	1.16%
NTNX	B	1.15%
UNM	A	1.14%
FICO	B	1.14%
AMP	A	1.13%
GS	A	1.13%
BKNG	A	1.12%
FI	A	1.12%
LOPE	C	1.12%
VST	A	1.12%
CPAY	A	1.12%
OWL	A	1.11%
PLNT	A	1.1%
TMUS	B	1.09%
EQH	C	1.09%
STLD	B	1.08%
PRI	B	1.07%
LNW	F	1.07%
UTHR	C	1.06%
JBL	C	1.05%
DUOL	A	1.05%
FOXA	A	1.04%
GEN	B	1.04%
RS	B	1.04%
IT	C	1.03%
PSN	D	1.03%
CMI	A	1.03%
KBR	F	1.03%
SAIC	F	1.03%
WSO	A	1.02%
HLT	A	1.02%
ORLY	B	1.01%
MUSA	B	1.01%
WRB	A	1.01%
GWRE	A	1.01%
EXP	B	1.01%
RL	C	1.01%
ORI	A	1.0%
AXP	A	1.0%
MO	A	1.0%
FIS	C	0.99%
BR	A	0.99%
AMG	B	0.98%
LPX	B	0.98%
EEFT	B	0.98%
WWD	C	0.97%
H	B	0.97%
PVH	C	0.96%
REG	A	0.96%
AIG	B	0.96%
COLM	C	0.95%
HIG	B	0.95%
CSL	C	0.95%
LOW	C	0.94%
MET	A	0.94%
THC	D	0.94%
SPB	C	0.94%
CAT	B	0.94%
AZO	C	0.94%
TXT	D	0.93%
SNX	D	0.93%
AFL	B	0.93%
PSX	C	0.92%
LMT	D	0.92%
MTG	C	0.92%
SPGI	C	0.92%
TOL	B	0.92%
CI	D	0.92%
DVA	C	0.91%
MPC	D	0.9%
EBAY	D	0.89%
COKE	C	0.89%
POST	C	0.89%
MAS	D	0.88%
HRB	D	0.88%
DD	C	0.87%
NVR	D	0.87%
BLDR	D	0.86%
AN	C	0.86%
PHM	D	0.84%
NSA	C	0.83%
MHK	D	0.83%
BLD	D	0.83%
LEN	D	0.83%
HCA	F	0.82%
FBIN	D	0.8%
WMS	F	0.78%
CROX	D	0.66%

LSAF Underweight 52 Positions Relative to LCLG

Symbol	Grade	Weight
APP	B	-5.16%
NFLX	A	-5.14%
MA	B	-4.62%
AMZN	C	-4.3%
APH	A	-4.28%
AVGO	D	-3.99%
META	D	-3.86%
KLAC	F	-3.65%
DKS	D	-3.01%
CTAS	B	-2.83%
URI	C	-2.58%
FAST	B	-2.32%
ODFL	C	-2.16%
DECK	A	-1.86%
GOOG	C	-1.8%
TTD	B	-1.78%
COIN	C	-1.78%
LAD	A	-1.76%
BURL	B	-1.75%
ANET	C	-1.69%
WSM	C	-1.65%
CPRT	B	-1.62%
SHW	B	-1.58%
TXRH	B	-1.54%
LECO	C	-1.46%
EA	A	-1.32%
WAT	C	-1.29%
SBUX	A	-1.28%
ZBRA	B	-1.2%
ADBE	C	-1.1%
ACN	B	-1.07%
NDSN	B	-0.96%
HD	B	-0.93%
LPLA	A	-0.87%
MNST	C	-0.87%
PAYC	B	-0.84%
A	D	-0.82%
HUBB	B	-0.8%
IQV	F	-0.69%
LOGI	D	-0.68%
LULU	C	-0.66%
ZTS	D	-0.59%
TRMB	B	-0.58%
ELF	C	-0.56%
ETN	A	-0.53%
POOL	C	-0.45%
CRL	D	-0.41%
NSP	F	-0.4%
LW	C	-0.38%
RH	C	-0.36%
OMF	A	-0.35%
IPGP	D	-0.25%