LSAF vs. XMVM ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Invesco S&P MidCap Value with Momentum ETF (XMVM)

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

$41.38

Average Daily Volume

13,785

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMVM

Invesco S&P MidCap Value with Momentum ETF

XMVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 High Momentum Value 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 80 stocks in the S&P MidCap 400® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$55.27

Average Daily Volume

18,686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	XMVM
30 Days	4.35%	0.29%
60 Days	5.57%	-0.15%
90 Days	9.54%	7.50%
12 Months	30.76%	21.67%

14 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in XMVM	Overlap
AMG	C	1.03%	1.17%	1.03%
AN	C	1.02%	1.82%	1.02%
MTG	B	1.08%	1.46%	1.08%
MUSA	D	0.95%	0.84%	0.84%
ORI	B	1.04%	1.25%	1.04%
OVV	F	0.71%	1.09%	0.71%
PVH	D	0.84%	1.02%	0.84%
SAIC	C	1.06%	0.82%	0.82%
SLM	C	0.98%	1.05%	0.98%
SNX	C	0.94%	1.62%	0.94%
THC	C	1.13%	1.44%	1.13%
TOL	A	1.19%	1.33%	1.19%
UNM	B	1.04%	1.73%	1.04%
USFD	C	1.08%	1.31%	1.08%

LSAF Overweight 83 Positions Relative to XMVM

Symbol	Grade	Weight
APP	C	1.4%
VST	B	1.22%
EXP	B	1.18%
FFIV	B	1.17%
UHS	C	1.17%
PHM	B	1.16%
ALSN	B	1.16%
URI	B	1.15%
MAS	B	1.14%
AFL	A	1.12%
NVR	B	1.12%
HCA	B	1.12%
LEN	B	1.11%
RTX	B	1.09%
CAT	B	1.08%
EBAY	B	1.08%
VRT	C	1.07%
DVA	B	1.06%
NRG	B	1.06%
JBL	C	1.06%
AXP	B	1.06%
WAB	B	1.05%
SPGI	C	1.05%
OMC	B	1.05%
AWI	B	1.05%
MET	B	1.05%
GWW	B	1.05%
HIG	B	1.05%
CPAY	B	1.04%
RL	B	1.03%
LAMR	B	1.02%
UTHR	B	1.02%
PRI	B	1.02%
DD	B	1.01%
DE	A	1.0%
SPB	B	1.0%
META	B	1.0%
CSL	B	0.99%
LDOS	A	0.99%
AMP	B	0.99%
PFG	B	0.99%
AOS	B	0.99%
OTIS	B	0.98%
WSO	C	0.98%
BKNG	B	0.97%
AAPL	C	0.97%
AZO	B	0.97%
HLT	B	0.97%
DOV	B	0.97%
SYF	C	0.96%
CI	C	0.95%
H	B	0.95%
NFLX	B	0.95%
EQH	C	0.94%
LNG	D	0.93%
KEX	C	0.93%
MAR	B	0.93%
V	C	0.93%
MKL	C	0.92%
HOOD	C	0.91%
TXT	D	0.91%
OC	C	0.91%
VVV	D	0.9%
AIG	D	0.9%
GM	C	0.9%
VRSK	D	0.89%
STLD	C	0.88%
CRUS	D	0.87%
COTY	D	0.87%
DECK	C	0.87%
NUE	D	0.86%
ADBE	F	0.85%
MPC	F	0.85%
PSX	F	0.84%
CNM	F	0.84%
GOOGL	D	0.81%
FDX	D	0.81%
COP	F	0.81%
VLO	F	0.79%
ABNB	D	0.78%
BBWI	D	0.74%
MCK	F	0.74%
LRCX	D	0.72%

LSAF Underweight 66 Positions Relative to XMVM

Symbol	Grade	Weight
LAD	B	-2.64%
AVT	B	-2.2%
ARW	B	-2.05%
PBF	F	-1.92%
DINO	F	-1.86%
TMHC	B	-1.81%
X	F	-1.79%
CNO	C	-1.78%
GHC	B	-1.68%
CNX	B	-1.66%
PFGC	B	-1.64%
PAG	D	-1.61%
KBH	C	-1.6%
OZK	F	-1.58%
ONB	D	-1.54%
WBS	C	-1.52%
R	C	-1.49%
JLL	B	-1.45%
PNFP	C	-1.42%
FNB	D	-1.42%
CADE	C	-1.37%
THO	C	-1.34%
UMBF	C	-1.34%
ARMK	B	-1.32%
ESNT	B	-1.29%
PPC	D	-1.29%
CMC	D	-1.28%
HWC	D	-1.26%
WTFC	C	-1.24%
TCBI	C	-1.24%
JEF	C	-1.24%
ZION	D	-1.22%
IBOC	D	-1.18%
ASB	D	-1.17%
RGA	C	-1.16%
TEX	F	-1.15%
VNO	B	-1.14%
JHG	B	-1.13%
INGR	B	-1.12%
EWBC	C	-1.12%
STWD	B	-1.11%
PK	D	-1.11%
MDU	B	-1.07%
FNF	B	-1.03%
POST	B	-1.03%
OSK	F	-1.02%
CIVI	F	-1.01%
FLR	D	-0.95%
ALLY	F	-0.92%
UFPI	C	-0.92%
MUR	F	-0.92%
CHRD	F	-0.85%
MTDR	F	-0.85%
SF	B	-0.83%
PR	F	-0.83%
RS	D	-0.83%
VSH	F	-0.82%
WU	C	-0.81%
TNL	C	-0.81%
SWX	C	-0.79%
DTM	C	-0.78%
ASGN	D	-0.75%
TKR	C	-0.73%
ENS	C	-0.67%
AMKR	F	-0.64%
GAP	F	-0.54%