SPVM vs. LSAF ETF Comparison

Comparison of Invesco S&P 500 Value with Momentum ETF (SPVM) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 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 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$62.54

Average Daily Volume

1,261

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$43.63

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPVM	LSAF
30 Days	6.18%	5.32%
60 Days	7.47%	6.52%
90 Days	8.80%	9.24%
12 Months	29.90%	34.17%

20 Overlapping Holdings

Symbol	Grade	Weight in SPVM	Weight in LSAF	Overlap
AFL	B	1.06%	0.93%	0.93%
AIG	B	1.16%	0.96%	0.96%
BLDR	D	0.86%	0.86%	0.86%
CI	F	0.93%	0.92%	0.92%
CMI	A	0.77%	1.03%	0.77%
DVA	B	0.6%	0.91%	0.6%
EBAY	D	0.77%	0.89%	0.77%
GM	B	2.4%	1.2%	1.2%
GS	A	0.97%	1.13%	0.97%
HIG	B	1.07%	0.95%	0.95%
JBL	B	1.23%	1.05%	1.05%
LEN	D	1.09%	0.83%	0.83%
MET	A	1.01%	0.94%	0.94%
MPC	D	1.31%	0.9%	0.9%
PHM	D	1.06%	0.84%	0.84%
PSX	C	1.35%	0.92%	0.92%
STLD	B	1.16%	1.08%	1.08%
SYF	B	1.84%	1.23%	1.23%
TXT	D	0.7%	0.93%	0.7%
WRB	A	0.79%	1.01%	0.79%

SPVM Overweight 79 Positions Relative to LSAF

Symbol	Grade	Weight
MTB	A	1.74%
DAL	C	1.71%
COF	B	1.6%
CINF	A	1.57%
VLO	C	1.55%
BG	F	1.49%
KR	B	1.44%
L	A	1.4%
STT	A	1.38%
HBAN	A	1.37%
AIZ	A	1.35%
HPE	B	1.33%
KEY	B	1.25%
BK	A	1.19%
WFC	A	1.19%
USB	A	1.18%
PNC	B	1.18%
FITB	A	1.15%
C	A	1.15%
FDX	B	1.12%
BBY	D	1.12%
DHI	D	1.11%
PRU	A	1.08%
NRG	B	1.08%
BAC	A	1.07%
VTRS	A	1.05%
EMR	A	1.04%
KMI	A	1.03%
TRV	B	1.02%
BRK.A	B	1.01%
COR	B	1.01%
ACGL	D	1.0%
CAH	B	0.98%
CBRE	B	0.98%
BKR	B	0.97%
UHS	D	0.96%
MCK	B	0.96%
JPM	A	0.96%
NUE	C	0.96%
MOH	F	0.94%
MRO	B	0.93%
SW	A	0.93%
CB	C	0.92%
RJF	A	0.92%
BALL	D	0.91%
EOG	A	0.9%
ATO	A	0.89%
CCL	B	0.87%
VZ	C	0.86%
NCLH	B	0.86%
ALL	A	0.85%
IP	B	0.84%
XOM	B	0.84%
SNA	A	0.83%
OMC	C	0.83%
PCAR	B	0.83%
CTSH	B	0.83%
EMN	D	0.82%
LYB	F	0.76%
EQT	B	0.75%
OKE	A	0.74%
FANG	D	0.72%
WMT	A	0.72%
DGX	A	0.71%
HII	D	0.71%
LH	C	0.7%
BXP	D	0.69%
COP	C	0.67%
DUK	C	0.66%
HST	C	0.65%
HAL	C	0.64%
SWK	D	0.64%
CTRA	B	0.64%
J	F	0.64%
PEG	A	0.61%
ELV	F	0.6%
DOW	F	0.53%
CE	F	0.51%
SWKS	F	0.48%

SPVM Underweight 79 Positions Relative to LSAF

Symbol	Grade	Weight
EXEL	B	-1.3%
TRGP	B	-1.25%
FTNT	C	-1.2%
AAON	B	-1.19%
EXPE	B	-1.16%
NTNX	A	-1.15%
UNM	A	-1.14%
FICO	B	-1.14%
AMP	A	-1.13%
BKNG	A	-1.12%
FI	A	-1.12%
LOPE	B	-1.12%
VST	B	-1.12%
CPAY	A	-1.12%
OWL	A	-1.11%
PLNT	A	-1.1%
TMUS	B	-1.09%
EQH	B	-1.09%
MAR	B	-1.08%
PRI	A	-1.07%
LNW	D	-1.07%
UTHR	C	-1.06%
DUOL	A	-1.05%
GOOGL	C	-1.04%
FOXA	B	-1.04%
GEN	B	-1.04%
RS	B	-1.04%
IT	C	-1.03%
PSN	D	-1.03%
KBR	F	-1.03%
SAIC	F	-1.03%
WSO	A	-1.02%
HLT	A	-1.02%
ORLY	B	-1.01%
MUSA	A	-1.01%
GWRE	A	-1.01%
EXP	A	-1.01%
RL	B	-1.01%
ORI	A	-1.0%
AXP	A	-1.0%
MO	A	-1.0%
FIS	C	-0.99%
BR	A	-0.99%
AMG	B	-0.98%
LPX	B	-0.98%
EEFT	B	-0.98%
WWD	B	-0.97%
H	B	-0.97%
PVH	C	-0.96%
REG	B	-0.96%
COLM	B	-0.95%
CSL	C	-0.95%
LOW	D	-0.94%
THC	D	-0.94%
SPB	C	-0.94%
CAT	B	-0.94%
AZO	C	-0.94%
GPK	C	-0.93%
SNX	C	-0.93%
LMT	D	-0.92%
MTG	C	-0.92%
SPGI	C	-0.92%
TOL	B	-0.92%
AAPL	C	-0.91%
COKE	C	-0.89%
POST	C	-0.89%
MAS	D	-0.88%
HRB	D	-0.88%
DD	D	-0.87%
NVR	D	-0.87%
AN	C	-0.86%
NSA	D	-0.83%
MHK	D	-0.83%
BLD	D	-0.83%
HCA	F	-0.82%
FBIN	D	-0.8%
MTD	D	-0.79%
WMS	D	-0.78%
CROX	D	-0.66%