LSAF vs. EQWL ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)

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

$40.71

Average Daily Volume

18,146

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$101.62

Average Daily Volume

44,951

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	EQWL
30 Days	3.59%	2.63%
60 Days	4.14%	4.61%
90 Days	7.11%	7.66%
12 Months	29.91%	29.21%

16 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in EQWL	Overlap
AAPL	C	0.98%	0.98%	0.98%
ADBE	F	0.87%	1.04%	0.87%
AIG	D	0.92%	0.93%	0.92%
AXP	B	1.07%	1.06%	1.06%
BKNG	B	0.92%	0.94%	0.92%
CAT	B	1.04%	0.99%	0.99%
COP	D	0.88%	0.88%	0.88%
DE	B	1.0%	0.96%	0.96%
FDX	F	0.92%	1.08%	0.92%
GM	B	0.97%	0.92%	0.92%
GOOGL	D	0.81%	0.45%	0.45%
MET	A	1.05%	1.03%	1.03%
META	A	1.0%	0.98%	0.98%
NFLX	B	0.95%	0.96%	0.95%
RTX	C	1.08%	1.08%	1.08%
V	C	0.98%	0.99%	0.98%

LSAF Overweight 81 Positions Relative to EQWL

Symbol	Grade	Weight
APP	B	1.37%
EXP	B	1.23%
TOL	B	1.22%
PHM	B	1.21%
LEN	C	1.18%
UHS	B	1.17%
THC	B	1.16%
MAS	B	1.15%
FFIV	B	1.15%
URI	B	1.14%
NVR	B	1.14%
HCA	A	1.13%
ALSN	B	1.11%
MTG	B	1.1%
AFL	C	1.1%
EBAY	B	1.08%
SPGI	A	1.08%
OMC	B	1.07%
CPAY	C	1.07%
DVA	B	1.07%
USFD	B	1.07%
AWI	B	1.07%
HIG	B	1.06%
ORI	B	1.06%
AMG	C	1.06%
GWW	A	1.05%
SAIC	C	1.05%
UNM	B	1.03%
AN	D	1.03%
WAB	A	1.03%
LAMR	A	1.02%
UTHR	C	1.01%
SYF	C	1.01%
VST	A	1.0%
PRI	B	1.0%
SPB	B	1.0%
CI	C	0.99%
WSO	C	0.99%
AMP	B	0.99%
PFG	B	0.99%
SLM	D	0.98%
LDOS	B	0.98%
CSL	B	0.98%
VRT	C	0.98%
KEX	C	0.97%
DOV	B	0.97%
RL	B	0.97%
NRG	A	0.96%
DD	B	0.95%
HLT	B	0.95%
MUSA	D	0.95%
EQH	C	0.95%
LNG	C	0.95%
H	C	0.94%
OC	D	0.94%
TXT	D	0.94%
AOS	D	0.94%
SNX	D	0.94%
HOOD	C	0.93%
MKL	C	0.93%
JBL	D	0.93%
AZO	D	0.93%
OTIS	C	0.92%
MAR	C	0.91%
CRUS	D	0.9%
VRSK	D	0.9%
VVV	D	0.89%
COTY	F	0.87%
MPC	D	0.87%
PSX	D	0.86%
NUE	F	0.86%
PVH	F	0.85%
DECK	D	0.85%
STLD	D	0.85%
CNM	F	0.84%
VLO	F	0.81%
MCK	F	0.79%
ABNB	D	0.78%
OVV	F	0.78%
BBWI	F	0.7%
LRCX	F	0.67%

LSAF Underweight 85 Positions Relative to EQWL

Symbol	Grade	Weight
MMM	A	-1.23%
TSLA	C	-1.21%
GILD	B	-1.2%
SBUX	C	-1.17%
IBM	A	-1.17%
LMT	B	-1.16%
CHTR	D	-1.15%
T	C	-1.15%
ACN	C	-1.14%
PM	C	-1.14%
AMT	C	-1.13%
WMT	B	-1.12%
UNH	C	-1.11%
BK	A	-1.11%
MO	C	-1.11%
ORCL	B	-1.1%
BMY	C	-1.1%
PYPL	B	-1.09%
BLK	B	-1.08%
MCD	B	-1.08%
ABBV	C	-1.08%
KO	B	-1.07%
NEE	C	-1.07%
TMUS	C	-1.07%
CL	C	-1.06%
SO	A	-1.06%
USB	B	-1.06%
MDLZ	C	-1.06%
JNJ	C	-1.06%
DUK	B	-1.06%
UNP	C	-1.05%
ABT	C	-1.05%
LOW	A	-1.05%
MDT	C	-1.04%
BRK.A	C	-1.04%
SPG	A	-1.03%
MA	B	-1.03%
VZ	B	-1.03%
AMGN	B	-1.03%
INTU	C	-1.02%
GE	A	-1.02%
CSCO	B	-1.02%
KHC	C	-1.02%
CRM	D	-1.02%
HD	A	-1.01%
PEP	D	-1.01%
DHR	C	-1.0%
LLY	C	-1.0%
LIN	B	-1.0%
JPM	D	-1.0%
COST	B	-1.0%
TMO	C	-1.0%
TGT	C	-0.99%
GS	C	-0.99%
PFE	C	-0.99%
CMCSA	D	-0.98%
PG	C	-0.97%
COF	A	-0.96%
GD	B	-0.96%
MS	C	-0.95%
AMZN	C	-0.95%
XOM	D	-0.95%
TXN	C	-0.94%
HON	D	-0.92%
BAC	D	-0.92%
MSFT	C	-0.9%
C	D	-0.9%
AVGO	C	-0.89%
AMD	D	-0.89%
CVS	F	-0.89%
EMR	D	-0.89%
UPS	F	-0.88%
BA	F	-0.86%
F	F	-0.85%
CVX	D	-0.85%
DOW	D	-0.85%
WFC	D	-0.84%
NVDA	D	-0.84%
MRK	D	-0.83%
DIS	D	-0.83%
SCHW	D	-0.79%
NKE	D	-0.78%
QCOM	F	-0.72%
INTC	F	-0.59%
GOOG	D	-0.37%