PWER vs. LSAT ETF Comparison

Comparison of Macquarie Energy Transition ETF (PWER) to LeaderShares AlphaFactor Tactical Focused ETF (LSAT)

PWER

Macquarie Energy Transition ETF

PWER Description

The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.

Grade (RS Rating)

Last Trade

$29.34

Average Daily Volume

616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$43.01

Average Daily Volume

9,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PWER	LSAT
30 Days	-0.34%	4.46%
60 Days	3.53%	5.01%
90 Days	3.40%	6.08%
12 Months		32.42%

2 Overlapping Holdings

	Symbol	Grade	Weight in PWER	Weight in LSAT	Overlap
	MPC	D	3.65%	3.19%	3.19%
	VLO	C	3.63%	3.39%	3.39%

PWER Overweight 21 Positions Relative to LSAT

Symbol	Grade	Weight
CF	A	5.73%
AA	A	5.16%
FSLR	F	5.08%
GNRC	C	4.37%
MP	C	4.28%
APD	A	3.83%
COP	C	3.12%
EQT	B	2.83%
RUN	F	2.83%
PR	B	2.21%
CHRD	D	2.12%
BKR	A	2.04%
SLB	C	2.04%
MTUS	C	1.98%
ENPH	F	1.4%
EOG	A	1.14%
STLD	B	1.09%
DAR	C	1.05%
FLNC	D	1.01%
OXY	D	0.85%
LEU	C	0.74%

PWER Underweight 28 Positions Relative to LSAT

Symbol	Grade	Weight
JEF	A	-3.91%
TNL	A	-3.82%
VST	A	-3.78%
FOX	A	-3.73%
BMY	B	-3.72%
MAR	A	-3.7%
PPC	C	-3.62%
SRE	A	-3.55%
HLT	A	-3.54%
LH	B	-3.5%
CMCSA	B	-3.41%
ADTN	A	-3.37%
NXST	C	-3.27%
SPB	C	-3.25%
TDC	D	-3.19%
DKS	D	-3.14%
MTG	C	-3.14%
EBAY	D	-3.12%
DINO	D	-3.12%
DE	B	-3.1%
JNJ	C	-3.08%
POST	C	-3.06%
DD	C	-3.06%
HRB	D	-3.03%
EXPD	C	-3.01%
NSA	C	-2.86%
ARW	D	-2.83%
CNC	D	-2.56%