LSAF vs. ANEW ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to ProShares MSCI Transformational Changes ETF (ANEW)

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

$41.00

Average Daily Volume

13,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$45.28

Average Daily Volume

236

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	ANEW
30 Days	2.42%	3.52%
60 Days	9.52%	10.64%
90 Days	9.20%	7.10%
12 Months	34.42%	34.92%

12 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in ANEW	Overlap
AAPL	C	0.97%	2.2%	0.97%
ADBE	F	0.85%	1.99%	0.85%
BKNG	C	0.97%	2.07%	0.97%
DE	A	1.0%	1.98%	1.0%
EBAY	A	1.08%	0.66%	0.66%
FFIV	B	1.17%	0.23%	0.23%
GOOGL	B	0.81%	1.54%	0.81%
HOOD	C	0.91%	0.19%	0.19%
META	A	1.0%	2.28%	1.0%
NFLX	A	0.95%	2.04%	0.95%
OMC	C	1.05%	0.58%	0.58%
V	C	0.93%	0.92%	0.92%

LSAF Overweight 85 Positions Relative to ANEW

Symbol	Grade	Weight
APP	A	1.4%
VST	A	1.22%
TOL	A	1.19%
EXP	C	1.18%
UHS	D	1.17%
PHM	A	1.16%
ALSN	A	1.16%
URI	C	1.15%
MAS	A	1.14%
THC	C	1.13%
AFL	A	1.12%
NVR	A	1.12%
HCA	B	1.12%
LEN	B	1.11%
RTX	A	1.09%
MTG	B	1.08%
CAT	A	1.08%
USFD	C	1.08%
VRT	B	1.07%
DVA	C	1.06%
NRG	A	1.06%
JBL	D	1.06%
SAIC	A	1.06%
AXP	A	1.06%
WAB	A	1.05%
SPGI	C	1.05%
AWI	A	1.05%
MET	A	1.05%
GWW	A	1.05%
HIG	A	1.05%
CPAY	A	1.04%
UNM	A	1.04%
ORI	B	1.04%
AMG	B	1.03%
RL	B	1.03%
LAMR	C	1.02%
AN	C	1.02%
UTHR	C	1.02%
PRI	A	1.02%
DD	B	1.01%
SPB	C	1.0%
CSL	A	0.99%
LDOS	A	0.99%
AMP	A	0.99%
PFG	C	0.99%
AOS	B	0.99%
SLM	C	0.98%
OTIS	A	0.98%
WSO	C	0.98%
AZO	D	0.97%
HLT	A	0.97%
DOV	C	0.97%
SYF	B	0.96%
CI	D	0.95%
H	C	0.95%
MUSA	D	0.95%
EQH	C	0.94%
SNX	C	0.94%
LNG	A	0.93%
KEX	C	0.93%
MAR	B	0.93%
MKL	C	0.92%
TXT	F	0.91%
OC	C	0.91%
VVV	D	0.9%
AIG	F	0.9%
GM	D	0.9%
VRSK	D	0.89%
STLD	B	0.88%
CRUS	D	0.87%
COTY	F	0.87%
DECK	B	0.87%
NUE	D	0.86%
MPC	F	0.85%
PSX	D	0.84%
PVH	F	0.84%
CNM	F	0.84%
FDX	D	0.81%
COP	D	0.81%
VLO	F	0.79%
ABNB	D	0.78%
BBWI	F	0.74%
MCK	F	0.74%
LRCX	D	0.72%
OVV	F	0.71%

LSAF Underweight 112 Positions Relative to ANEW

Symbol	Grade	Weight
NVDA	C	-2.42%
DASH	A	-2.36%
ISRG	A	-2.25%
ABBV	A	-2.19%
BABA	A	-2.16%
MKC	C	-2.09%
ABT	B	-2.04%
BSX	A	-2.04%
IFF	C	-1.99%
AMZN	C	-1.94%
DHR	C	-1.93%
CTVA	A	-1.91%
MSFT	D	-1.87%
AVGO	C	-1.67%
MRK	F	-1.61%
BDX	B	-1.17%
FMC	B	-1.12%
CNH	B	-0.98%
AMAT	B	-0.97%
SFM	A	-0.93%
MA	A	-0.88%
AGCO	D	-0.83%
SE	B	-0.69%
EW	F	-0.67%
RMD	C	-0.61%
EA	D	-0.6%
QCOM	D	-0.59%
CSCO	A	-0.59%
ORCL	B	-0.55%
TTWO	F	-0.54%
ANSS	D	-0.53%
TCOM	A	-0.51%
DKNG	D	-0.5%
NEOG	D	-0.47%
ZD	D	-0.46%
SMG	A	-0.45%
SMPL	D	-0.44%
DXCM	F	-0.44%
AMD	D	-0.42%
PINS	D	-0.42%
SXT	C	-0.39%
WST	D	-0.38%
MRNA	F	-0.36%
ILMN	B	-0.36%
SNAP	D	-0.36%
DOCS	A	-0.3%
CRM	B	-0.29%
DGX	B	-0.29%
INSP	B	-0.27%
RARE	C	-0.27%
CVLT	C	-0.25%
PANW	D	-0.24%
SMAR	A	-0.24%
NTRA	A	-0.24%
PRCT	C	-0.23%
ACHC	F	-0.23%
CHKP	C	-0.23%
VRNS	C	-0.23%
BOX	C	-0.22%
QTWO	C	-0.22%
CCOI	B	-0.22%
PYPL	C	-0.22%
NOW	C	-0.22%
HPE	B	-0.21%
TMDX	D	-0.21%
GMED	D	-0.21%
SMTC	C	-0.21%
CYBR	C	-0.21%
TECH	C	-0.21%
TWST	D	-0.21%
NOVT	C	-0.21%
DT	C	-0.2%
QGEN	D	-0.2%
NTAP	D	-0.2%
NET	D	-0.2%
JNPR	B	-0.2%
EQIX	B	-0.2%
DOCU	B	-0.19%
ALTR	B	-0.19%
BLKB	C	-0.19%
GH	F	-0.19%
DBX	B	-0.19%
AKAM	D	-0.19%
HSIC	D	-0.19%
KTOS	A	-0.19%
TNDM	D	-0.18%
BL	D	-0.18%
MSTR	B	-0.18%
PRFT	A	-0.18%
SLAB	D	-0.17%
TENB	F	-0.17%
AI	F	-0.17%
CRSP	F	-0.17%
PCTY	B	-0.17%
ENOV	F	-0.17%
WDAY	D	-0.17%
IRDM	B	-0.17%
EEFT	F	-0.16%
PCOR	D	-0.16%
NXPI	F	-0.16%
MEDP	F	-0.16%
CRWD	D	-0.15%
IDYA	F	-0.15%
MARA	F	-0.15%
NTNX	C	-0.15%
CGNX	F	-0.15%
SYNA	D	-0.15%
COIN	F	-0.14%
OKTA	F	-0.13%
RIOT	F	-0.13%
FIVN	F	-0.1%
CLSK	F	-0.1%