IWTR vs. LSAT ETF Comparison

Comparison of iShares MSCI Water Management Multisector ETF (IWTR) to LeaderShares AlphaFactor Tactical Focused ETF (LSAT)

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$31.86

Average Daily Volume

2,072

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

$41.64

Average Daily Volume

18,089

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWTR	LSAT
30 Days	1.08%	1.58%
60 Days	6.70%	7.26%
90 Days	3.12%	9.26%
12 Months	27.52%	27.69%

2 Overlapping Holdings

	Symbol	Grade	Weight in IWTR	Weight in LSAT	Overlap
	HLT	B	6.76%	3.3%	3.3%
	MAR	B	6.25%	3.18%	3.18%

IWTR Overweight 12 Positions Relative to LSAT

Symbol	Grade	Weight
TXN	C	6.28%
XYL	B	5.82%
INTC	D	4.62%
CNM	F	3.54%
IFF	C	3.35%
BMI	A	3.01%
WTS	B	2.7%
FELE	B	2.13%
ZWS	A	2.04%
MWA	B	1.3%
ERII	C	0.61%
ALTM	D	0.29%

IWTR Underweight 27 Positions Relative to LSAT

Symbol	Grade	Weight
VST	A	-4.02%
BMY	B	-3.69%
EBAY	A	-3.66%
JEF	B	-3.66%
FOX	A	-3.63%
NSA	C	-3.56%
MTG	B	-3.52%
HRB	C	-3.49%
DE	A	-3.45%
CNC	F	-3.43%
PPC	A	-3.43%
DD	B	-3.4%
ARW	C	-3.37%
POST	B	-3.36%
SRE	A	-3.33%
JNJ	C	-3.32%
SPB	B	-3.28%
TNL	B	-3.24%
CMCSA	B	-3.24%
EXPD	B	-3.19%
DKS	D	-3.13%
ADTN	C	-2.97%
NXST	D	-2.95%
MPC	F	-2.82%
TDC	D	-2.62%
VLO	F	-2.57%
DINO	F	-2.54%