LSAF vs. PDP ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to PowerShares DWA Technical Leaders Portfolio (PDP)

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

$39.94

Average Daily Volume

17,902

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$100.83

Average Daily Volume

14,251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	PDP
30 Days	2.78%	1.68%
60 Days	2.52%	2.90%
90 Days	5.00%	1.06%
12 Months	24.91%	27.83%

22 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in PDP	Overlap
APP	B	1.01%	1.58%	1.01%
CSL	C	0.94%	0.73%	0.73%
DECK	C	0.88%	0.95%	0.88%
GOOGL	D	0.79%	0.65%	0.65%
GWW	B	1.06%	2.15%	1.06%
HOOD	C	0.85%	0.46%	0.46%
LDOS	B	1.03%	0.57%	0.57%
LRCX	F	0.66%	0.38%	0.38%
MAS	B	1.15%	0.61%	0.61%
MCK	F	0.84%	0.59%	0.59%
META	B	0.96%	0.82%	0.82%
MUSA	B	1.07%	0.67%	0.67%
NFLX	B	0.97%	0.65%	0.65%
NVR	B	1.14%	1.48%	1.14%
OC	C	0.89%	0.51%	0.51%
PHM	B	1.18%	0.61%	0.61%
PRI	B	1.04%	0.67%	0.67%
THC	B	1.14%	1.15%	1.14%
TOL	B	1.18%	0.62%	0.62%
URI	C	1.08%	0.94%	0.94%
USFD	A	1.06%	0.62%	0.62%
V	A	1.05%	1.15%	1.05%

LSAF Overweight 75 Positions Relative to PDP

Symbol	Grade	Weight
AFL	B	1.18%
UHS	B	1.18%
LEN	B	1.17%
RTX	C	1.16%
HCA	A	1.15%
FFIV	A	1.14%
MTG	B	1.14%
SPGI	A	1.14%
ALSN	B	1.13%
HIG	B	1.13%
EXP	A	1.12%
SAIC	B	1.12%
CPAY	C	1.12%
ORI	B	1.1%
EBAY	A	1.09%
OMC	B	1.08%
DVA	A	1.07%
UTHR	C	1.05%
CI	B	1.05%
AWI	C	1.05%
AXP	B	1.04%
UNM	B	1.04%
SPB	B	1.03%
AMG	C	1.03%
MET	B	1.03%
AZO	C	1.02%
WAB	B	1.01%
LAMR	A	1.01%
ADBE	D	1.01%
CRUS	D	1.0%
DE	B	1.0%
AAPL	D	1.0%
VRSK	D	0.99%
LNG	C	0.99%
PFG	C	0.98%
DOV	B	0.98%
AMP	B	0.98%
CAT	C	0.98%
RL	B	0.97%
SYF	D	0.97%
NRG	C	0.97%
AN	D	0.97%
TXT	D	0.97%
DD	B	0.96%
GM	C	0.95%
MKL	C	0.95%
SLM	D	0.95%
AIG	D	0.95%
WSO	C	0.95%
OTIS	C	0.94%
AOS	D	0.94%
HLT	B	0.94%
BKNG	B	0.93%
SNX	D	0.93%
EQH	C	0.93%
H	D	0.92%
FDX	C	0.92%
KEX	C	0.92%
JBL	D	0.91%
MPC	F	0.91%
MAR	D	0.9%
VVV	D	0.88%
COP	F	0.88%
COTY	D	0.87%
VST	C	0.87%
PSX	F	0.87%
PVH	D	0.86%
VRT	C	0.86%
NUE	D	0.86%
VLO	F	0.84%
STLD	F	0.82%
OVV	F	0.8%
CNM	F	0.76%
ABNB	D	0.74%
BBWI	F	0.66%

LSAF Underweight 77 Positions Relative to PDP

Symbol	Grade	Weight
MA	A	-3.13%
WRB	C	-2.92%
TRGP	B	-2.75%
CPRT	F	-2.61%
TDG	B	-2.52%
NVDA	D	-2.46%
ROP	B	-2.38%
CDNS	D	-2.2%
COST	B	-1.78%
TT	A	-1.73%
CTAS	B	-1.72%
MEDP	D	-1.63%
LLY	C	-1.56%
ELF	F	-1.53%
SNPS	D	-1.51%
ENTG	D	-1.43%
KLAC	D	-1.42%
TJX	B	-1.29%
FIX	B	-1.29%
CMG	C	-1.24%
PWR	C	-1.19%
FANG	F	-1.12%
AMAT	D	-1.03%
AVGO	C	-0.99%
MTSI	D	-0.96%
HWM	B	-0.94%
BAH	B	-0.93%
ARES	C	-0.91%
FICO	A	-0.9%
ONTO	D	-0.89%
ISRG	B	-0.88%
MSFT	C	-0.85%
WFRD	D	-0.84%
COKE	C	-0.83%
WING	B	-0.81%
ANET	C	-0.81%
CEG	C	-0.79%
ENSG	A	-0.78%
TTEK	B	-0.77%
KKR	B	-0.75%
RCL	B	-0.74%
ORCL	B	-0.74%
CDW	D	-0.73%
AJG	A	-0.73%
CLH	B	-0.7%
AXON	A	-0.69%
HRB	C	-0.69%
IRM	A	-0.69%
BRO	B	-0.69%
EVR	B	-0.67%
FCNCA	D	-0.66%
PSN	B	-0.64%
AIT	C	-0.63%
HLI	A	-0.63%
APO	C	-0.63%
NSIT	C	-0.62%
APG	D	-0.62%
MMC	A	-0.61%
ACGL	A	-0.61%
PH	B	-0.6%
FLR	D	-0.6%
TXRH	D	-0.57%
HUBB	B	-0.56%
NTRA	B	-0.55%
KBR	D	-0.55%
AME	D	-0.54%
PTC	D	-0.52%
BJ	D	-0.52%
GAP	F	-0.51%
IR	D	-0.5%
WLK	D	-0.49%
ETN	C	-0.49%
CROX	C	-0.48%
BLD	D	-0.47%
PSTG	D	-0.46%
WSM	C	-0.45%
CRWD	D	-0.41%