SRHQ vs. LSAF ETF Comparison

Comparison of SRH U.S. Quality ETF (SRHQ) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

SRHQ

SRH U.S. Quality ETF

SRHQ Description

SRH U.S. Quality ETF is an exchange traded fund launched and managed by Paralel Advisors LLC. The fund is co-managed by Vident Investment Advisory, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the SRH U.S. Quality Index, by using full replication technique. SRH U.S. Quality ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$38.41

Average Daily Volume

7,828

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

$43.47

Average Daily Volume

11,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SRHQ	LSAF
30 Days	1.97%	3.33%
60 Days	3.29%	6.17%
90 Days	4.71%	8.22%
12 Months	28.89%	32.92%

12 Overlapping Holdings

Symbol	Grade	Weight in SRHQ	Weight in LSAF	Overlap
AZO	C	1.52%	0.94%	0.94%
COKE	C	2.16%	0.89%	0.89%
CPAY	A	1.79%	1.12%	1.12%
EEFT	B	1.4%	0.98%	0.98%
EXP	B	1.67%	1.01%	1.01%
FOXA	A	2.2%	1.04%	1.04%
IT	C	1.65%	1.03%	1.03%
JBL	C	1.45%	1.05%	1.05%
MAS	D	1.48%	0.88%	0.88%
NVR	D	1.67%	0.87%	0.87%
ORLY	B	1.63%	1.01%	1.01%
UTHR	C	2.37%	1.06%	1.06%

SRHQ Overweight 49 Positions Relative to LSAF

Symbol	Grade	Weight
CNX	A	2.49%
GDDY	A	2.36%
EME	A	2.16%
CBRE	B	2.06%
AIT	B	2.05%
G	B	2.05%
CIEN	C	2.04%
JLL	D	2.03%
EXTR	C	2.01%
PYPL	B	1.91%
NDAQ	A	1.91%
AVGO	D	1.89%
LDOS	C	1.83%
BOX	B	1.81%
TPR	B	1.8%
UNH	B	1.8%
CACI	D	1.79%
FHI	B	1.77%
OC	A	1.77%
SLGN	A	1.69%
CBOE	C	1.69%
LH	B	1.65%
IRDM	D	1.65%
DBX	B	1.64%
CAH	B	1.63%
HD	B	1.62%
ENS	F	1.54%
COR	B	1.51%
CMCSA	B	1.5%
KEYS	A	1.46%
ESNT	F	1.42%
FUL	F	1.41%
DXC	B	1.4%
UPS	C	1.38%
J	D	1.38%
CAG	F	1.36%
TGT	F	1.34%
QLYS	B	1.3%
TKR	D	1.29%
ASGN	F	1.24%
NSIT	F	1.22%
CACC	D	1.22%
AKAM	D	1.2%
HUM	C	1.18%
ELV	F	1.17%
HII	F	1.02%
PII	F	1.01%
NSP	F	1.01%
TNET	F	1.0%

SRHQ Underweight 87 Positions Relative to LSAF

Symbol	Grade	Weight
EXEL	B	-1.3%
TRGP	A	-1.25%
SYF	B	-1.23%
FTNT	C	-1.2%
GM	C	-1.2%
AAON	B	-1.19%
EXPE	B	-1.16%
NTNX	B	-1.15%
UNM	A	-1.14%
FICO	B	-1.14%
AMP	A	-1.13%
GS	A	-1.13%
BKNG	A	-1.12%
FI	A	-1.12%
LOPE	C	-1.12%
VST	A	-1.12%
OWL	A	-1.11%
PLNT	A	-1.1%
TMUS	B	-1.09%
EQH	C	-1.09%
STLD	B	-1.08%
MAR	A	-1.08%
PRI	B	-1.07%
LNW	F	-1.07%
DUOL	A	-1.05%
GOOGL	C	-1.04%
GEN	B	-1.04%
RS	B	-1.04%
PSN	D	-1.03%
CMI	A	-1.03%
KBR	F	-1.03%
SAIC	F	-1.03%
WSO	A	-1.02%
HLT	A	-1.02%
MUSA	B	-1.01%
WRB	A	-1.01%
GWRE	A	-1.01%
RL	C	-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%
WWD	C	-0.97%
H	B	-0.97%
PVH	C	-0.96%
REG	A	-0.96%
AIG	B	-0.96%
COLM	C	-0.95%
HIG	B	-0.95%
CSL	C	-0.95%
LOW	C	-0.94%
MET	A	-0.94%
THC	D	-0.94%
SPB	C	-0.94%
CAT	B	-0.94%
GPK	C	-0.93%
TXT	D	-0.93%
SNX	D	-0.93%
AFL	B	-0.93%
PSX	C	-0.92%
LMT	D	-0.92%
MTG	C	-0.92%
SPGI	C	-0.92%
TOL	B	-0.92%
CI	D	-0.92%
AAPL	C	-0.91%
DVA	C	-0.91%
MPC	D	-0.9%
EBAY	D	-0.89%
POST	C	-0.89%
HRB	D	-0.88%
DD	C	-0.87%
BLDR	D	-0.86%
AN	C	-0.86%
PHM	D	-0.84%
NSA	C	-0.83%
MHK	D	-0.83%
BLD	D	-0.83%
LEN	D	-0.83%
HCA	F	-0.82%
FBIN	D	-0.8%
MTD	F	-0.79%
WMS	F	-0.78%
CROX	D	-0.66%