LSAT vs. VOX ETF Comparison

Comparison of LeaderShares AlphaFactor Tactical Focused ETF (LSAT) to Vanguard Telecom ETF - DNQ (VOX)

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

$36.65

Average Daily Volume

12,080

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VOX

Vanguard Telecom ETF - DNQ

VOX Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Telecommunication Services 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the telecommunication services sector, as classified under the Global Industry Classification Standard. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$127.68

Average Daily Volume

174,810

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAT	VOX
30 Days	-4.76%	-3.16%
60 Days	1.70%	-0.50%
90 Days	4.77%	3.62%
12 Months	18.08%	33.15%

3 Overlapping Holdings

Symbol	Grade	Weight in LSAT	Weight in VOX	Overlap
CMCSA	F	3.08%	4.59%	3.08%
FOX	B	3.5%	0.4%	0.4%
NXST	D	3.18%	0.56%	0.56%

LSAT Overweight 27 Positions Relative to VOX

Symbol	Grade	Weight
VST	A	3.63%
PPC	A	3.59%
SRE	A	3.44%
MPC	B	3.43%
POST	A	3.42%
ARW	B	3.42%
EBAY	A	3.41%
VLO	B	3.38%
JEF	B	3.36%
TDC	D	3.33%
DD	A	3.31%
ADTN	F	3.3%
DE	D	3.3%
DINO	D	3.29%
MAR	D	3.29%
HLT	C	3.27%
HRB	B	3.27%
CNC	D	3.26%
TNL	D	3.26%
EXPD	D	3.21%
DKS	B	3.2%
JNJ	D	3.19%
SPB	C	3.19%
MTG	B	3.17%
LH	F	3.14%
NSA	C	3.08%
BMY	F	2.86%

LSAT Underweight 96 Positions Relative to VOX

Symbol	Grade	Weight
META	D	-22.39%
GOOGL	A	-13.02%
GOOG	A	-10.42%
DIS	D	-4.79%
NFLX	D	-4.54%
VZ	C	-4.52%
T	B	-3.54%
TMUS	A	-2.86%
TTD	B	-1.44%
EA	D	-1.29%
CHTR	F	-1.18%
TTWO	D	-1.1%
OMC	A	-1.03%
LYV	D	-0.99%
PINS	B	-0.99%
WBD	F	-0.94%
RBLX	D	-0.85%
IPG	F	-0.82%
SNAP	A	-0.81%
NWSA	D	-0.74%
MTCH	F	-0.73%
FOXA	B	-0.7%
ROKU	F	-0.66%
NYT	C	-0.64%
LBRDK	D	-0.6%
PARA	B	-0.44%
EDR	A	-0.44%
FYBR	C	-0.43%
ZI	D	-0.42%
WMG	C	-0.4%
IAC	F	-0.39%
NWS	D	-0.31%
ZD	F	-0.28%
IRDM	B	-0.28%
TRIP	C	-0.28%
TGNA	D	-0.27%
SIRI	F	-0.27%
CCOI	D	-0.27%
MSGS	B	-0.27%
YELP	B	-0.24%
CNK	D	-0.19%
CARG	D	-0.19%
CABO	F	-0.18%
SATS	A	-0.16%
LUMN	F	-0.15%
TDS	B	-0.15%
LBRDA	D	-0.14%
MGNI	D	-0.13%
MSGE	A	-0.12%
GSAT	D	-0.11%
SSTK	D	-0.11%
LGF.A	A	-0.1%
CARS	F	-0.1%
BMBL	F	-0.1%
LILAK	A	-0.09%
QNST	A	-0.09%
SCHL	F	-0.09%
PUBM	A	-0.09%
SHEN	F	-0.08%
TTGT	D	-0.08%
LGF.A	A	-0.07%
IAS	F	-0.07%
AMC	F	-0.07%
THRY	A	-0.07%
ZIP	F	-0.07%
IMAX	D	-0.07%
VMEO	D	-0.06%
IDT	B	-0.06%
CDLX	A	-0.05%
ADV	B	-0.05%
GTN	C	-0.05%
ATUS	D	-0.05%
STGW	A	-0.05%
GOGO	B	-0.05%
USM	B	-0.05%
BOC	F	-0.04%
MAX	B	-0.04%
BAND	A	-0.04%
CCO	D	-0.04%
ATEX	D	-0.04%
EB	F	-0.04%
FUBO	F	-0.04%
CNSL	B	-0.03%
MCS	F	-0.03%
ATNI	F	-0.03%
GCI	B	-0.03%
AMCX	D	-0.03%
WOW	D	-0.02%
IHRT	D	-0.02%
ANGI	D	-0.02%
SSP	D	-0.02%
MYPS	F	-0.02%
LILA	A	-0.02%
SKLZ	F	-0.01%
OB	B	-0.01%
SST	D	-0.0%