LSAF vs. DSTL ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Distillate U.S. Fundamental Stability & Value ETF (DSTL)

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

$41.50

Average Daily Volume

13,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DSTL

Distillate U.S. Fundamental Stability & Value ETF

DSTL Description

The investment seeks to track the performance, before fees and expenses, of the Distillate U.S. Fundamental Stability & Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2018 by Distillate Capital Partners LLC, the fund's investment adviser and index provider (the "Adviser"), and uses an objective, rules-based methodology to measure the performance of U.S.-listed, large-capitalization equity securities, selected based on certain fundamental factors.

Grade (RS Rating)

Last Trade

$56.56

Average Daily Volume

86,889

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	DSTL
30 Days	6.02%	2.46%
60 Days	13.13%	8.62%
90 Days	10.68%	11.49%
12 Months	35.15%	29.18%

19 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in DSTL	Overlap
ABNB	D	0.78%	0.8%	0.78%
AOS	C	0.99%	0.68%	0.68%
BKNG	B	0.97%	1.29%	0.97%
CI	D	0.95%	1.54%	0.95%
CPAY	A	1.04%	0.81%	0.81%
FFIV	B	1.17%	0.87%	0.87%
JBL	C	1.06%	0.71%	0.71%
LEN	C	1.11%	1.06%	1.06%
MAS	C	1.14%	0.84%	0.84%
MCK	F	0.74%	0.83%	0.74%
NVR	C	1.12%	0.9%	0.9%
OC	C	0.91%	0.68%	0.68%
OMC	C	1.05%	0.86%	0.86%
PHM	C	1.16%	0.99%	0.99%
TOL	C	1.19%	0.91%	0.91%
TXT	F	0.91%	0.69%	0.69%
UHS	D	1.17%	0.86%	0.86%
URI	C	1.15%	1.05%	1.05%
USFD	C	1.08%	0.79%	0.79%

LSAF Overweight 78 Positions Relative to DSTL

Symbol	Grade	Weight
APP	A	1.4%
VST	A	1.22%
EXP	C	1.18%
ALSN	A	1.16%
THC	D	1.13%
AFL	A	1.12%
HCA	C	1.12%
RTX	A	1.09%
MTG	A	1.08%
CAT	A	1.08%
EBAY	A	1.08%
VRT	B	1.07%
DVA	C	1.06%
NRG	A	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	B	1.05%
HIG	A	1.05%
UNM	A	1.04%
ORI	A	1.04%
AMG	B	1.03%
RL	B	1.03%
LAMR	C	1.02%
AN	D	1.02%
UTHR	C	1.02%
PRI	A	1.02%
DD	C	1.01%
DE	C	1.0%
SPB	C	1.0%
META	A	1.0%
CSL	A	0.99%
LDOS	A	0.99%
AMP	A	0.99%
PFG	A	0.99%
SLM	B	0.98%
OTIS	A	0.98%
WSO	C	0.98%
AAPL	C	0.97%
AZO	D	0.97%
HLT	A	0.97%
DOV	C	0.97%
SYF	A	0.96%
H	B	0.95%
NFLX	A	0.95%
MUSA	D	0.95%
EQH	B	0.94%
SNX	C	0.94%
LNG	A	0.93%
KEX	C	0.93%
MAR	A	0.93%
V	B	0.93%
MKL	B	0.92%
HOOD	B	0.91%
VVV	D	0.9%
AIG	C	0.9%
GM	D	0.9%
VRSK	D	0.89%
STLD	C	0.88%
CRUS	D	0.87%
COTY	F	0.87%
DECK	B	0.87%
NUE	D	0.86%
ADBE	F	0.85%
MPC	D	0.85%
PSX	D	0.84%
PVH	D	0.84%
CNM	F	0.84%
GOOGL	B	0.81%
FDX	F	0.81%
COP	D	0.81%
VLO	F	0.79%
BBWI	F	0.74%
LRCX	D	0.72%
OVV	D	0.71%

LSAF Underweight 79 Positions Relative to DSTL

Symbol	Grade	Weight
UNH	B	-3.6%
ABBV	C	-2.7%
JNJ	D	-2.66%
TMUS	A	-2.34%
HD	A	-2.09%
CMCSA	B	-1.9%
CSCO	A	-1.82%
AMGN	D	-1.69%
CRM	B	-1.63%
MO	D	-1.48%
LOW	C	-1.48%
ABT	C	-1.43%
LMT	A	-1.39%
BLK	A	-1.37%
ELV	F	-1.36%
PYPL	A	-1.29%
ADP	A	-1.14%
HON	C	-1.1%
EPD	A	-1.09%
PH	A	-1.09%
CME	A	-1.04%
BLDR	C	-1.0%
GD	C	-0.99%
FTNT	A	-0.97%
ITW	C	-0.95%
KR	C	-0.95%
FANG	D	-0.92%
GIS	C	-0.92%
AJG	C	-0.91%
CMI	A	-0.91%
PCAR	D	-0.89%
CTSH	B	-0.88%
FIS	A	-0.88%
PAYX	B	-0.85%
SSNC	C	-0.84%
SYY	D	-0.82%
CBOE	B	-0.82%
GDDY	B	-0.82%
ALLE	A	-0.81%
HSY	D	-0.8%
TDY	A	-0.79%
PKG	B	-0.79%
DRI	C	-0.78%
WEX	C	-0.78%
TFX	C	-0.78%
ZM	B	-0.78%
EA	D	-0.77%
ON	F	-0.77%
AKAM	D	-0.76%
DBX	C	-0.76%
AME	C	-0.76%
ULTA	D	-0.74%
EMN	C	-0.74%
DOX	B	-0.74%
MIDD	D	-0.73%
GGG	C	-0.71%
EPAM	F	-0.71%
VRSN	C	-0.7%
JAZZ	F	-0.69%
HII	F	-0.69%
IEX	D	-0.69%
BLD	D	-0.69%
WSM	C	-0.69%
WSC	D	-0.68%
SWKS	F	-0.68%
GMED	B	-0.68%
GPC	D	-0.68%
NTAP	D	-0.67%
ALGN	D	-0.67%
RHI	D	-0.66%
LKQ	F	-0.66%
LECO	D	-0.66%
MTN	D	-0.66%
DKS	D	-0.65%
ICLR	F	-0.65%
CROX	C	-0.64%
PR	D	-0.63%
QRVO	F	-0.61%
ETSY	F	-0.6%