SRHR vs. LSAT ETF Comparison

Comparison of SRH REIT Covered Call ETF (SRHR) to LeaderShares AlphaFactor Tactical Focused ETF (LSAT)

SRHR

SRH REIT Covered Call ETF

SRHR Description

Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.11

Average Daily Volume

162

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

$43.34

Average Daily Volume

9,105

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SRHR	LSAT
30 Days	-1.71%	5.76%
60 Days	-3.44%	5.19%
90 Days	1.62%	6.88%
12 Months	16.94%	33.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in SRHR	Weight in LSAT	Overlap
	NSA	D	2.8%	2.86%	2.8%

SRHR Overweight 24 Positions Relative to LSAT

Symbol	Grade	Weight
EQIX	A	14.02%
LAMR	D	8.92%
HIW	D	7.11%
NXRT	B	4.47%
FR	C	4.09%
STAG	F	4.09%
GNL	F	4.07%
CCI	D	4.0%
EXR	D	3.81%
SHO	C	3.56%
BRX	A	3.48%
MTN	C	3.47%
HST	C	3.41%
REXR	F	3.15%
VICI	C	3.06%
PLD	D	2.86%
DEA	D	2.75%
SUI	D	2.42%
EGP	F	2.39%
MAA	B	2.38%
APLE	B	2.21%
DOC	D	2.08%
INVH	D	1.31%
GLPI	C	1.1%

SRHR Underweight 29 Positions Relative to LSAT

Symbol	Grade	Weight
JEF	A	-3.91%
TNL	A	-3.82%
VST	B	-3.78%
FOX	A	-3.73%
BMY	B	-3.72%
MAR	B	-3.7%
PPC	C	-3.62%
SRE	A	-3.55%
HLT	A	-3.54%
LH	C	-3.5%
CMCSA	B	-3.41%
VLO	C	-3.39%
ADTN	A	-3.37%
NXST	C	-3.27%
SPB	C	-3.25%
TDC	D	-3.19%
MPC	D	-3.19%
DKS	C	-3.14%
MTG	C	-3.14%
EBAY	D	-3.12%
DINO	D	-3.12%
DE	A	-3.1%
JNJ	D	-3.08%
POST	C	-3.06%
DD	D	-3.06%
HRB	D	-3.03%
EXPD	D	-3.01%
ARW	D	-2.83%
CNC	D	-2.56%