LSAF vs. MDYG ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to SPDR S&P 400 Mid Cap Growth ETF (MDYG)

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

MDYG

SPDR S&P 400 Mid Cap Growth ETF

MDYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.48

Average Daily Volume

112,941

Number of Holdings ^*

249

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	MDYG
30 Days	5.32%	6.99%
60 Days	6.52%	6.19%
90 Days	9.24%	7.08%
12 Months	34.17%	34.03%

31 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in MDYG	Overlap
AAON	B	1.18%	0.58%	0.58%
BLD	D	0.84%	0.7%	0.7%
COKE	C	0.9%	0.46%	0.46%
COLM	B	0.93%	0.09%	0.09%
CROX	D	0.67%	0.38%	0.38%
CSL	C	0.93%	1.34%	0.93%
DUOL	A	1.15%	0.78%	0.78%
EEFT	B	1.0%	0.15%	0.15%
EQH	B	1.05%	0.52%	0.52%
EXEL	B	1.27%	0.65%	0.65%
EXP	A	1.01%	0.66%	0.66%
FBIN	D	0.8%	0.24%	0.24%
H	B	0.97%	0.46%	0.46%
HRB	D	0.84%	0.53%	0.53%
KBR	F	0.87%	0.24%	0.24%
LNW	D	0.99%	0.53%	0.53%
LOPE	B	1.08%	0.31%	0.31%
LPX	B	1.0%	0.29%	0.29%
MTG	C	0.92%	0.16%	0.16%
MUSA	A	1.02%	0.64%	0.64%
NSA	D	0.87%	0.09%	0.09%
PLNT	A	1.16%	0.53%	0.53%
PRI	A	1.06%	0.65%	0.65%
PSN	D	0.91%	0.22%	0.22%
RS	B	1.04%	1.1%	1.04%
SAIC	F	0.85%	0.15%	0.15%
TOL	B	0.93%	1.02%	0.93%
UTHR	C	0.97%	0.5%	0.5%
WMS	D	0.77%	0.59%	0.59%
WSO	A	1.05%	1.18%	1.05%
WWD	B	0.96%	0.67%	0.67%

LSAF Overweight 68 Positions Relative to MDYG

Symbol	Grade	Weight
TRGP	B	1.34%
VST	B	1.32%
SYF	B	1.24%
UNM	A	1.21%
OWL	A	1.19%
BKNG	A	1.17%
EXPE	B	1.17%
GM	B	1.17%
FI	A	1.15%
FTNT	C	1.15%
AMP	A	1.15%
NTNX	A	1.14%
GS	A	1.14%
FICO	B	1.14%
CPAY	A	1.13%
STLD	B	1.09%
CMI	A	1.08%
MAR	B	1.08%
TMUS	B	1.08%
GWRE	A	1.04%
MO	A	1.04%
FOXA	B	1.04%
WRB	A	1.04%
AXP	A	1.03%
HLT	A	1.03%
JBL	B	1.03%
ORI	A	1.02%
GEN	B	1.02%
RL	B	1.01%
AMG	B	1.0%
BR	A	1.0%
ORLY	B	0.99%
REG	B	0.98%
MET	A	0.98%
AIG	B	0.98%
HIG	B	0.97%
FIS	C	0.97%
IT	C	0.97%
GOOGL	C	0.96%
PSX	C	0.95%
AFL	B	0.95%
DVA	B	0.95%
CAT	B	0.94%
SPGI	C	0.94%
LOW	D	0.93%
POST	C	0.93%
MPC	D	0.93%
PVH	C	0.93%
AAPL	C	0.93%
AZO	C	0.92%
SNX	C	0.92%
GPK	C	0.92%
SPB	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%
NVR	D	0.86%
LEN	D	0.85%
THC	D	0.85%
BLDR	D	0.85%
PHM	D	0.84%
MHK	D	0.81%
HCA	F	0.78%
MTD	D	0.76%

LSAF Underweight 218 Positions Relative to MDYG

Symbol	Grade	Weight
EME	C	-1.5%
LII	A	-1.28%
MANH	D	-1.11%
TPL	A	-1.11%
OC	A	-1.1%
RBA	A	-1.1%
WSM	B	-1.09%
DT	C	-1.04%
FIX	A	-1.01%
PSTG	D	-0.99%
CASY	A	-0.97%
GGG	B	-0.97%
SAIA	B	-0.93%
TXRH	C	-0.86%
CLH	B	-0.82%
ITT	A	-0.8%
NBIX	C	-0.8%
NVT	B	-0.79%
BWXT	B	-0.76%
LECO	B	-0.76%
OVV	B	-0.76%
IBKR	A	-0.74%
TTEK	F	-0.71%
FND	C	-0.71%
KNSL	B	-0.68%
CHDN	B	-0.67%
AIT	A	-0.67%
BURL	A	-0.66%
WING	D	-0.63%
HLI	B	-0.63%
TPX	B	-0.62%
PR	B	-0.62%
RPM	A	-0.61%
MORN	B	-0.6%
PEN	B	-0.59%
RBC	A	-0.59%
FN	D	-0.59%
PCTY	B	-0.58%
AXTA	A	-0.58%
CW	B	-0.58%
NYT	C	-0.57%
CR	A	-0.55%
MEDP	D	-0.55%
ELS	C	-0.55%
SRPT	D	-0.54%
XPO	B	-0.53%
ONTO	D	-0.53%
RRC	B	-0.53%
SKX	D	-0.53%
ENSG	D	-0.53%
UFPI	B	-0.52%
CHRD	D	-0.52%
HLNE	B	-0.51%
SSD	D	-0.5%
TREX	C	-0.5%
EWBC	A	-0.5%
OLED	D	-0.48%
EVR	B	-0.48%
RNR	C	-0.48%
ANF	C	-0.48%
RGEN	D	-0.48%
WEX	D	-0.48%
ESAB	B	-0.47%
RYAN	B	-0.47%
AMH	D	-0.46%
GTLS	B	-0.46%
FCN	D	-0.45%
ELF	C	-0.45%
LSCC	D	-0.45%
BMRN	D	-0.45%
MSA	D	-0.44%
ATR	B	-0.44%
HALO	F	-0.44%
MTDR	B	-0.44%
DBX	B	-0.43%
ACM	A	-0.43%
LAMR	D	-0.42%
WFRD	D	-0.4%
ALTR	B	-0.4%
SCI	B	-0.4%
VNT	B	-0.39%
AVTR	F	-0.39%
DTM	B	-0.39%
DKS	C	-0.39%
SFM	A	-0.38%
CNX	A	-0.38%
CUBE	D	-0.38%
OLLI	D	-0.37%
RMBS	C	-0.37%
GLPI	C	-0.37%
WTS	B	-0.37%
QLYS	C	-0.36%
VVV	F	-0.36%
LNTH	D	-0.36%
APPF	B	-0.35%
DCI	B	-0.34%
CCK	C	-0.33%
CHE	D	-0.33%
WAL	B	-0.33%
CG	A	-0.33%
AYI	B	-0.33%
EGP	F	-0.33%
BRBR	A	-0.32%
BYD	C	-0.32%
WH	B	-0.32%
RLI	B	-0.31%
RGLD	C	-0.31%
FIVE	F	-0.31%
MTSI	B	-0.3%
CNM	D	-0.3%
WTRG	B	-0.3%
CIVI	D	-0.3%
GNTX	C	-0.29%
CVLT	B	-0.29%
GXO	B	-0.29%
LSTR	D	-0.29%
EHC	B	-0.29%
ALV	C	-0.28%
LFUS	F	-0.28%
MASI	A	-0.28%
MTN	C	-0.28%
TTC	D	-0.27%
BCO	D	-0.27%
EXLS	B	-0.27%
NEU	C	-0.27%
OHI	C	-0.27%
WLK	D	-0.27%
CELH	F	-0.27%
HQY	B	-0.27%
CBT	C	-0.26%
SEIC	B	-0.26%
CACI	D	-0.26%
CIEN	B	-0.26%
PNFP	B	-0.25%
CHX	C	-0.25%
ACHC	F	-0.24%
MKSI	C	-0.24%
CFR	B	-0.24%
BRX	A	-0.24%
KNF	A	-0.24%
NOVT	D	-0.23%
MMS	F	-0.23%
REXR	F	-0.23%
BRKR	D	-0.23%
WMG	C	-0.23%
MIDD	C	-0.23%
TKO	B	-0.22%
VAL	D	-0.22%
SLAB	D	-0.22%
CBSH	A	-0.22%
INGR	B	-0.22%
FLS	B	-0.22%
VOYA	B	-0.21%
JAZZ	B	-0.21%
DOCS	C	-0.21%
BC	C	-0.21%
STAG	F	-0.21%
SIGI	C	-0.21%
FR	C	-0.21%
CGNX	C	-0.2%
PK	B	-0.2%
CRUS	D	-0.2%
ROIV	C	-0.2%
KEX	C	-0.2%
CYTK	F	-0.19%
AM	A	-0.19%
COTY	F	-0.18%
HAE	C	-0.18%
KBH	D	-0.18%
MAT	D	-0.18%
TDC	D	-0.18%
NNN	D	-0.18%
OZK	B	-0.17%
TNL	A	-0.17%
ARWR	F	-0.17%
HWC	B	-0.17%
IDA	A	-0.16%
DLB	B	-0.16%
EXPO	D	-0.16%
SHC	F	-0.15%
HXL	D	-0.15%
FFIN	B	-0.14%
RH	B	-0.14%
TEX	D	-0.13%
CHWY	B	-0.13%
GATX	A	-0.13%
OLN	D	-0.13%
MUR	D	-0.13%
MSM	C	-0.13%
EPR	D	-0.13%
BLKB	B	-0.13%
OPCH	D	-0.13%
SLM	A	-0.13%
YETI	C	-0.13%
CAR	C	-0.12%
TKR	D	-0.12%
IBOC	A	-0.11%
ENS	D	-0.11%
HGV	B	-0.11%
LANC	C	-0.11%
WEN	D	-0.11%
IRDM	D	-0.11%
POWI	D	-0.11%
RYN	D	-0.1%
CHH	A	-0.1%
AZTA	D	-0.09%
NSP	D	-0.09%
SMG	D	-0.08%
SYNA	C	-0.08%
AMED	F	-0.08%
SAM	C	-0.08%
CDP	C	-0.08%
LIVN	F	-0.07%
ALGM	D	-0.07%
VC	D	-0.07%
CPRI	F	-0.07%
IPGP	D	-0.06%
ZI	D	-0.06%