LSAT vs. FDM ETF Comparison

Comparison of LeaderShares AlphaFactor Tactical Focused ETF (LSAT) to First Trust DJ Select MicroCap ETF (FDM)

LSAT

LeaderShares AlphaFactor Tactical Focused ETF

LSAT Description

The investment seeks to generate long term capital growth. The fund will typically be invested in a diversified portfolio of equity securities, or investments that are economically tied to equity securities (i.e., derivatives) such as equity options, of companies with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.

Grade (RS Rating)

Last Trade

$37.50

Average Daily Volume

12,317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDM

First Trust DJ Select MicroCap ETF

FDM Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Select MicroCap Index(SM) (the "index"). The fund will normally invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. The index is comprised of selected U.S. micro-capitalization companies chosen from all common stocks traded on the NewYork Stock Exchange, the NYSE MKT and NASDAQ(R) with limited partnerships excluded.

Grade (RS Rating)

Last Trade

$62.14

Average Daily Volume

4,792

Number of Holdings ^*

153

* may have additional holdings in another (foreign) market

Performance

Period	LSAT	FDM
30 Days	-1.78%	0.33%
60 Days	2.70%	2.65%
90 Days	7.30%	7.12%
12 Months	21.90%	25.01%

0 Overlapping Holdings

	Symbol	Grade	Weight in LSAT	Weight in FDM	Overlap

LSAT Overweight 30 Positions Relative to FDM

Symbol	Grade	Weight
VST	B	4.04%
PPC	A	3.63%
FOX	B	3.59%
DD	A	3.53%
SRE	B	3.53%
ADTN	D	3.51%
JEF	B	3.49%
HRB	C	3.44%
POST	B	3.39%
DE	B	3.37%
ARW	B	3.35%
CNC	C	3.31%
NXST	C	3.3%
SPB	C	3.27%
EBAY	C	3.26%
MTG	C	3.25%
EXPD	D	3.22%
TNL	D	3.21%
JNJ	F	3.21%
HLT	D	3.2%
NSA	D	3.2%
MAR	D	3.19%
VLO	D	3.16%
LH	F	3.16%
DINO	F	3.11%
DKS	B	3.1%
MPC	D	3.09%
CMCSA	F	3.04%
TDC	F	2.86%
BMY	F	2.78%

LSAT Underweight 153 Positions Relative to FDM

Symbol	Grade	Weight
POWL	B	-2.27%
ACMR	D	-2.06%
SCSC	B	-1.76%
CRAI	A	-1.71%
VSEC	A	-1.7%
CGEM	B	-1.51%
GNK	A	-1.5%
CRGY	C	-1.49%
SXC	D	-1.46%
REX	B	-1.43%
BBSI	B	-1.35%
MYE	D	-1.35%
HAYN	D	-1.26%
VVI	D	-1.23%
CECO	B	-1.22%
DCO	B	-1.21%
IDT	A	-1.18%
EGY	B	-1.15%
CLW	B	-1.11%
DXPE	B	-1.1%
AMBC	A	-1.1%
ZEUS	F	-1.08%
UVSP	B	-1.04%
BELFB	B	-0.98%
UWMC	B	-0.98%
BRY	C	-0.97%
EZPW	C	-0.96%
MLR	A	-0.93%
OSBC	C	-0.92%
LEU	C	-0.92%
ARHS	D	-0.91%
HCKT	D	-0.9%
WSR	C	-0.89%
MBWM	B	-0.88%
KE	C	-0.88%
CFB	C	-0.87%
TTI	F	-0.87%
IBCP	B	-0.86%
PLOW	D	-0.85%
HTBK	D	-0.81%
BFST	D	-0.8%
GATO	B	-0.79%
GSBC	B	-0.75%
TITN	F	-0.75%
LMB	B	-0.75%
SD	D	-0.74%
RICK	F	-0.73%
DENN	F	-0.72%
NPK	A	-0.71%
AVNW	F	-0.71%
AMAL	B	-0.71%
DHIL	C	-0.71%
VPG	D	-0.7%
HVT	F	-0.69%
CCB	B	-0.69%
LYTS	B	-0.68%
HDSN	F	-0.67%
HTBI	B	-0.66%
CYH	B	-0.66%
CENT	D	-0.65%
LQDT	C	-0.65%
OSUR	F	-0.65%
BHB	B	-0.64%
THFF	B	-0.64%
SMBC	F	-0.64%
BBW	B	-0.63%
VYGR	D	-0.62%
CWCO	D	-0.62%
OLP	A	-0.6%
CCBG	D	-0.6%
ODC	B	-0.59%
KRNY	F	-0.58%
NBN	B	-0.57%
SIGA	B	-0.57%
RMR	B	-0.57%
CSV	C	-0.57%
GNE	F	-0.57%
PAHC	B	-0.56%
BOOM	F	-0.54%
ARTNA	C	-0.54%
GLRE	B	-0.54%
NWPX	A	-0.53%
OSG	B	-0.53%
KODK	D	-0.52%
SPFI	B	-0.52%
SPOK	F	-0.52%
AVD	C	-0.51%
ESQ	B	-0.5%
MCFT	F	-0.5%
MOFG	D	-0.49%
LINC	B	-0.49%
JOUT	F	-0.45%
AMPY	B	-0.44%
SOI	B	-0.44%
BSRR	B	-0.44%
NEWT	D	-0.43%
NRIM	B	-0.43%
FSBC	D	-0.42%
PBPB	F	-0.42%
PANL	C	-0.41%
HBT	B	-0.4%
RM	B	-0.39%
WTI	F	-0.38%
ONEW	F	-0.38%
FET	F	-0.37%
LOCO	B	-0.37%
NECB	B	-0.37%
MVBF	F	-0.37%
FSBW	F	-0.36%
BCML	C	-0.35%
INSE	F	-0.35%
CVLY	B	-0.34%
TSBK	F	-0.33%
OBT	B	-0.32%
OMER	C	-0.32%
AFCG	B	-0.31%
PKOH	C	-0.31%
NATH	D	-0.3%
EPM	F	-0.29%
KFS	B	-0.29%
GENC	B	-0.29%
IPI	C	-0.29%
RLGT	F	-0.29%
PLBC	B	-0.28%
OVLY	D	-0.27%
CMT	F	-0.24%
LEGH	D	-0.24%
TSQ	B	-0.24%
FF	C	-0.24%
MEC	B	-0.24%
MPX	B	-0.23%
STKS	D	-0.23%
QUAD	F	-0.23%
RNGR	F	-0.23%
INTT	F	-0.22%
OCN	B	-0.22%
LSEA	F	-0.21%
HNRG	F	-0.21%
ATLC	F	-0.21%
EVC	D	-0.21%
CMPO	B	-0.2%
III	F	-0.17%
RCMT	F	-0.17%
KLXE	F	-0.16%
MNSB	F	-0.15%
REI	C	-0.14%
HGBL	F	-0.13%
BGFV	F	-0.13%
ASRT	D	-0.13%
TUSK	F	-0.12%
CCRD	C	-0.12%
TZOO	D	-0.09%
CMBM	F	-0.07%