LSAF vs. SCAP ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to InfraCap Small Cap Income ETF (SCAP)

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

SCAP

InfraCap Small Cap Income ETF

SCAP Description

The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.

Grade (RS Rating)

Last Trade

$37.66

Average Daily Volume

2,426

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	SCAP
30 Days	5.32%	6.67%
60 Days	6.52%	5.53%
90 Days	9.24%	7.03%
12 Months	34.17%

1 Overlapping Holdings

	Symbol	Grade	Weight in LSAF	Weight in SCAP	Overlap
	WWD	B	0.96%	1.73%	0.96%

LSAF Overweight 98 Positions Relative to SCAP

Symbol	Grade	Weight
TRGP	B	1.34%
VST	B	1.32%
EXEL	B	1.27%
SYF	B	1.24%
UNM	A	1.21%
OWL	A	1.19%
AAON	B	1.18%
BKNG	A	1.17%
EXPE	B	1.17%
GM	B	1.17%
PLNT	A	1.16%
FI	A	1.15%
DUOL	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%
LOPE	B	1.08%
CMI	A	1.08%
MAR	B	1.08%
TMUS	B	1.08%
PRI	A	1.06%
WSO	A	1.05%
EQH	B	1.05%
GWRE	A	1.04%
RS	B	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%
MUSA	A	1.02%
ORI	A	1.02%
GEN	B	1.02%
RL	B	1.01%
EXP	A	1.01%
AMG	B	1.0%
LPX	B	1.0%
EEFT	B	1.0%
BR	A	1.0%
ORLY	B	0.99%
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%
IT	C	0.97%
UTHR	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%
COLM	B	0.93%
POST	C	0.93%
MPC	D	0.93%
PVH	C	0.93%
AAPL	C	0.93%
TOL	B	0.93%
CSL	C	0.93%
AZO	C	0.92%
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%
THC	D	0.85%
BLDR	D	0.85%
BLD	D	0.84%
HRB	D	0.84%
PHM	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 43 Positions Relative to SCAP

Symbol	Grade	Weight
HRI	B	-3.41%
CASY	A	-3.21%
EWBC	A	-3.04%
GATX	A	-3.0%
MKSI	C	-2.96%
PFBC	B	-2.88%
SM	B	-2.75%
MUR	D	-2.65%
CHRD	D	-2.64%
PNFP	B	-2.63%
PAGP	A	-2.55%
ASIX	A	-2.47%
MCBS	B	-2.41%
NTB	B	-2.35%
AVNT	B	-2.27%
DKL	C	-2.04%
BRX	A	-2.02%
KRC	C	-2.0%
POR	C	-1.95%
AES	F	-1.93%
AGNC	D	-1.86%
REXR	F	-1.84%
NYT	C	-1.79%
ESI	A	-1.66%
JEF	A	-1.62%
AB	C	-1.61%
EPRT	B	-1.55%
NTST	D	-1.53%
SLM	A	-1.44%
BLMN	F	-1.38%
PK	B	-1.29%
CHCT	C	-1.17%
WAL	B	-1.17%
STAG	F	-1.12%
SBLK	F	-1.12%
MMI	B	-1.1%
BPOP	B	-1.07%
FHN	A	-1.03%
COOP	B	-1.01%
TPR	B	-0.94%
VLYPP	A	-0.46%
CELH	F	-0.03%
AIZ	A	-0.03%