XLE vs. LSAT ETF Comparison

Comparison of SPDR Select Sector Fund - Energy Select Sector (XLE) to LeaderShares AlphaFactor Tactical Focused ETF (LSAT)

XLE

SPDR Select Sector Fund - Energy Select Sector

XLE Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.12

Average Daily Volume

14,046,412

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	XLE	LSAT
30 Days	7.58%	4.46%
60 Days	10.32%	5.01%
90 Days	8.33%	6.08%
12 Months	18.78%	32.42%

2 Overlapping Holdings

	Symbol	Grade	Weight in XLE	Weight in LSAT	Overlap
	MPC	D	3.68%	3.19%	3.19%
	VLO	C	3.17%	3.39%	3.17%

XLE Overweight 20 Positions Relative to LSAT

Symbol	Grade	Weight
XOM	B	21.93%
CVX	A	15.51%
COP	C	7.49%
WMB	A	4.85%
EOG	A	4.54%
OKE	A	4.52%
SLB	C	4.25%
PSX	C	3.78%
KMI	A	3.69%
TRGP	A	3.0%
BKR	A	2.94%
HES	B	2.79%
OXY	D	2.36%
FANG	C	2.34%
HAL	C	1.85%
EQT	B	1.81%
DVN	F	1.67%
CTRA	B	1.33%
MRO	B	1.12%
APA	D	0.57%

XLE 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%