LSAF vs. FLCC ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Federated Hermes MDT Large Cap Core ETF (FLCC)

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

$43.63

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLCC

Federated Hermes MDT Large Cap Core ETF

FLCC Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in large-cap companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

1,206

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	FLCC
30 Days	5.32%	5.96%
60 Days	6.52%	7.71%
90 Days	9.24%	11.16%
12 Months	34.17%

18 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in FLCC	Overlap
AAPL	C	0.91%	5.33%	0.91%
AMP	A	1.13%	2.16%	1.13%
CI	F	0.92%	0.23%	0.23%
EBAY	D	0.89%	0.44%	0.44%
EXPE	B	1.16%	0.99%	0.99%
FTNT	C	1.2%	1.58%	1.2%
GOOGL	C	1.04%	4.82%	1.04%
HIG	B	0.95%	0.25%	0.25%
MAS	D	0.88%	0.28%	0.28%
MPC	D	0.9%	0.48%	0.48%
MUSA	A	1.01%	0.47%	0.47%
NTNX	A	1.15%	1.68%	1.15%
ORLY	B	1.01%	0.36%	0.36%
PSX	C	0.92%	0.11%	0.11%
PVH	C	0.96%	0.32%	0.32%
STLD	B	1.08%	0.16%	0.16%
TRGP	B	1.25%	0.47%	0.47%
UTHR	C	1.06%	0.08%	0.08%

LSAF Overweight 81 Positions Relative to FLCC

Symbol	Grade	Weight
EXEL	B	1.3%
SYF	B	1.23%
GM	B	1.2%
AAON	B	1.19%
UNM	A	1.14%
FICO	B	1.14%
GS	A	1.13%
BKNG	A	1.12%
FI	A	1.12%
LOPE	B	1.12%
VST	B	1.12%
CPAY	A	1.12%
OWL	A	1.11%
PLNT	A	1.1%
TMUS	B	1.09%
EQH	B	1.09%
MAR	B	1.08%
PRI	A	1.07%
LNW	D	1.07%
JBL	B	1.05%
DUOL	A	1.05%
FOXA	B	1.04%
GEN	B	1.04%
RS	B	1.04%
IT	C	1.03%
PSN	D	1.03%
CMI	A	1.03%
KBR	F	1.03%
SAIC	F	1.03%
WSO	A	1.02%
HLT	A	1.02%
WRB	A	1.01%
GWRE	A	1.01%
EXP	A	1.01%
RL	B	1.01%
ORI	A	1.0%
AXP	A	1.0%
MO	A	1.0%
FIS	C	0.99%
BR	A	0.99%
AMG	B	0.98%
LPX	B	0.98%
EEFT	B	0.98%
WWD	B	0.97%
H	B	0.97%
REG	B	0.96%
AIG	B	0.96%
COLM	B	0.95%
CSL	C	0.95%
LOW	D	0.94%
MET	A	0.94%
THC	D	0.94%
SPB	C	0.94%
CAT	B	0.94%
AZO	C	0.94%
GPK	C	0.93%
TXT	D	0.93%
SNX	C	0.93%
AFL	B	0.93%
LMT	D	0.92%
MTG	C	0.92%
SPGI	C	0.92%
TOL	B	0.92%
DVA	B	0.91%
COKE	C	0.89%
POST	C	0.89%
HRB	D	0.88%
DD	D	0.87%
NVR	D	0.87%
BLDR	D	0.86%
AN	C	0.86%
PHM	D	0.84%
NSA	D	0.83%
MHK	D	0.83%
BLD	D	0.83%
LEN	D	0.83%
HCA	F	0.82%
FBIN	D	0.8%
MTD	D	0.79%
WMS	D	0.78%
CROX	D	0.66%

LSAF Underweight 123 Positions Relative to FLCC

Symbol	Grade	Weight
MSFT	F	-5.55%
NVDA	C	-3.9%
GDDY	A	-2.53%
META	D	-2.49%
VLTO	D	-2.38%
GEV	B	-2.21%
SPOT	B	-2.21%
ABBV	D	-1.98%
PRU	A	-1.92%
PM	B	-1.61%
AMZN	C	-1.6%
APP	B	-1.57%
STT	A	-1.5%
BK	A	-1.49%
COST	B	-1.48%
ANET	C	-1.45%
QCOM	F	-1.42%
IBKR	A	-1.23%
JNJ	D	-1.15%
NTRS	A	-1.05%
TRV	B	-1.05%
KRC	C	-1.03%
GILD	C	-0.96%
SN	D	-0.96%
WING	D	-0.93%
KMB	D	-0.9%
GAP	C	-0.84%
LNG	B	-0.84%
PGR	A	-0.79%
MRK	F	-0.76%
CL	D	-0.74%
PPG	F	-0.71%
ALSN	B	-0.71%
PAYC	B	-0.66%
AMGN	D	-0.63%
RCL	A	-0.63%
COR	B	-0.61%
ZM	B	-0.59%
INCY	C	-0.59%
PEGA	A	-0.57%
MA	C	-0.56%
EOG	A	-0.56%
VRT	B	-0.54%
VRSK	A	-0.53%
BAH	F	-0.52%
AMAT	F	-0.51%
KR	B	-0.51%
AAP	C	-0.5%
ELAN	D	-0.5%
CEG	D	-0.47%
ZTS	D	-0.46%
PEP	F	-0.45%
TT	A	-0.44%
LII	A	-0.42%
CRUS	D	-0.39%
ORCL	B	-0.38%
CRBG	B	-0.38%
EIX	B	-0.38%
PLTR	B	-0.36%
FMC	D	-0.36%
MU	D	-0.33%
VRTX	F	-0.33%
NEM	D	-0.32%
TJX	A	-0.3%
ILMN	D	-0.3%
REGN	F	-0.29%
ACGL	D	-0.29%
TSLA	B	-0.28%
WM	A	-0.28%
UNP	C	-0.28%
LLY	F	-0.27%
BIIB	F	-0.27%
DXC	B	-0.27%
OTIS	C	-0.27%
ELV	F	-0.27%
DASH	A	-0.26%
HUM	C	-0.25%
DDOG	A	-0.25%
VIRT	B	-0.25%
RBLX	C	-0.24%
DELL	C	-0.24%
AXTA	A	-0.23%
WEC	A	-0.23%
ALLE	D	-0.22%
HPE	B	-0.22%
ADBE	C	-0.22%
ICE	C	-0.21%
CAH	B	-0.21%
RYAN	B	-0.2%
NTAP	C	-0.2%
CBOE	B	-0.18%
CNC	D	-0.18%
CW	B	-0.18%
WU	D	-0.16%
CRM	B	-0.16%
R	B	-0.15%
TFX	F	-0.14%
ZI	D	-0.14%
DVN	F	-0.14%
GEHC	F	-0.14%
ROK	B	-0.14%
MAN	D	-0.13%
QRVO	F	-0.12%
MOS	F	-0.12%
NOW	A	-0.12%
MSCI	C	-0.12%
HUBS	A	-0.1%
CBRE	B	-0.1%
UNH	C	-0.09%
XEL	A	-0.09%
ESS	B	-0.09%
EXC	C	-0.07%
ALGN	D	-0.07%
BERY	B	-0.07%
SPG	B	-0.06%
ALNY	D	-0.05%
AA	B	-0.05%
LRCX	F	-0.05%
CCI	D	-0.05%
SBAC	D	-0.05%
F	C	-0.04%
TER	D	-0.03%
AMT	D	-0.03%