LSAF vs. SPGP ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Invesco S&P 500 GARP ETF (SPGP)

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

$44.24

Average Daily Volume

12,085

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$111.94

Average Daily Volume

233,639

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	SPGP
30 Days	7.73%	6.26%
60 Days	6.90%	6.79%
90 Days	11.55%	9.07%
12 Months	35.74%	22.35%

13 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in SPGP	Overlap
AAPL	A	0.93%	0.87%	0.87%
AMP	A	1.15%	1.12%	1.12%
BLDR	D	0.85%	1.52%	0.85%
CAT	B	0.94%	1.33%	0.94%
IT	C	0.97%	1.31%	0.97%
JBL	C	1.03%	1.59%	1.03%
LEN	D	0.85%	0.98%	0.85%
MPC	D	0.93%	1.83%	0.93%
PHM	D	0.84%	1.18%	0.84%
PSX	C	0.95%	1.44%	0.95%
STLD	B	1.09%	2.05%	1.09%
SYF	A	1.24%	1.63%	1.24%
WRB	A	1.04%	1.04%	1.04%

LSAF Overweight 86 Positions Relative to SPGP

Symbol	Grade	Weight
TRGP	B	1.34%
VST	B	1.32%
EXEL	A	1.27%
UNM	A	1.21%
OWL	B	1.19%
AAON	B	1.18%
BKNG	A	1.17%
EXPE	B	1.17%
GM	C	1.17%
PLNT	A	1.16%
FI	A	1.15%
DUOL	B	1.15%
FTNT	B	1.15%
NTNX	B	1.14%
GS	A	1.14%
FICO	A	1.14%
CPAY	A	1.13%
LOPE	B	1.08%
CMI	A	1.08%
MAR	A	1.08%
TMUS	A	1.08%
PRI	A	1.06%
WSO	B	1.05%
EQH	B	1.05%
GWRE	A	1.04%
RS	B	1.04%
MO	A	1.04%
FOXA	C	1.04%
AXP	A	1.03%
HLT	A	1.03%
MUSA	A	1.02%
ORI	A	1.02%
GEN	A	1.02%
RL	B	1.01%
EXP	B	1.01%
AMG	B	1.0%
LPX	B	1.0%
EEFT	B	1.0%
BR	A	1.0%
ORLY	A	0.99%
LNW	D	0.99%
REG	A	0.98%
MET	A	0.98%
AIG	B	0.98%
HIG	A	0.97%
H	B	0.97%
FIS	D	0.97%
UTHR	B	0.97%
WWD	B	0.96%
GOOGL	C	0.96%
AFL	A	0.95%
DVA	A	0.95%
SPGI	B	0.94%
LOW	C	0.93%
COLM	B	0.93%
POST	B	0.93%
PVH	C	0.93%
TOL	B	0.93%
CSL	B	0.93%
AZO	B	0.92%
SNX	C	0.92%
GPK	C	0.92%
MTG	B	0.92%
PSN	D	0.91%
SPB	C	0.9%
COKE	C	0.9%
TXT	D	0.9%
CI	D	0.9%
EBAY	C	0.89%
AN	B	0.89%
MAS	D	0.88%
DD	D	0.88%
LMT	D	0.88%
NSA	C	0.87%
KBR	D	0.87%
NVR	D	0.86%
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	F	0.67%

LSAF Underweight 61 Positions Relative to SPGP

Symbol	Grade	Weight
UAL	B	-3.16%
NVDA	C	-2.53%
DAL	B	-2.35%
EOG	C	-2.32%
ANET	C	-2.03%
VLO	C	-1.97%
TJX	A	-1.97%
COP	D	-1.94%
PAYC	A	-1.93%
MRO	B	-1.83%
DFS	B	-1.82%
ROST	C	-1.69%
OKE	B	-1.67%
ULTA	F	-1.64%
CVX	A	-1.62%
PANW	B	-1.57%
NUE	D	-1.56%
LULU	C	-1.52%
FANG	F	-1.51%
CF	B	-1.48%
XOM	C	-1.45%
TPR	A	-1.38%
COF	B	-1.36%
CTRA	B	-1.35%
DE	B	-1.34%
PCAR	B	-1.33%
NXPI	D	-1.32%
GPC	D	-1.28%
DHI	D	-1.26%
SYY	C	-1.24%
ACGL	D	-1.16%
MA	A	-1.16%
GWW	A	-1.13%
L	A	-1.13%
APA	F	-1.11%
BRK.A	B	-1.1%
DECK	B	-1.1%
ODFL	B	-1.09%
ON	D	-1.09%
INCY	B	-1.09%
META	D	-1.04%
MOH	D	-1.03%
KLAC	D	-1.03%
GOOG	C	-1.03%
CPRT	A	-1.0%
EG	C	-0.99%
MOS	F	-0.98%
DVN	F	-0.96%
CB	C	-0.95%
V	A	-0.92%
HPE	B	-0.83%
MLM	B	-0.83%
HAL	C	-0.82%
VRTX	D	-0.81%
LRCX	D	-0.8%
OXY	F	-0.79%
LW	C	-0.76%
AMAT	F	-0.75%
ADM	D	-0.7%
MCHP	D	-0.65%
CE	F	-0.57%