LSAF vs. SMIZ ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Zacks Small/Mid Cap ETF (SMIZ)

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

$43.59

Average Daily Volume

11,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$36.18

Average Daily Volume

15,588

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	SMIZ
30 Days	3.33%	6.77%
60 Days	6.17%	8.62%
90 Days	8.22%	10.36%
12 Months	32.92%	37.44%

18 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in SMIZ	Overlap
AFL	B	0.93%	0.15%	0.15%
CSL	C	0.95%	0.38%	0.38%
DUOL	A	1.05%	0.42%	0.42%
FTNT	C	1.2%	0.33%	0.33%
GWRE	A	1.01%	0.8%	0.8%
HIG	B	0.95%	0.57%	0.57%
HRB	D	0.88%	0.25%	0.25%
MTG	C	0.92%	0.26%	0.26%
MUSA	B	1.01%	0.95%	0.95%
PHM	D	0.84%	0.53%	0.53%
POST	C	0.89%	0.0%	0.0%
PRI	B	1.07%	0.48%	0.48%
THC	D	0.94%	0.34%	0.34%
TOL	B	0.92%	0.77%	0.77%
TXT	D	0.93%	0.38%	0.38%
UNM	A	1.14%	0.5%	0.5%
VST	A	1.12%	0.01%	0.01%
WMS	F	0.78%	0.0%	0.0%

LSAF Overweight 81 Positions Relative to SMIZ

Symbol	Grade	Weight
EXEL	B	1.3%
TRGP	A	1.25%
SYF	B	1.23%
GM	C	1.2%
AAON	B	1.19%
EXPE	B	1.16%
NTNX	B	1.15%
FICO	B	1.14%
AMP	A	1.13%
GS	A	1.13%
BKNG	A	1.12%
FI	A	1.12%
LOPE	C	1.12%
CPAY	A	1.12%
OWL	A	1.11%
PLNT	A	1.1%
TMUS	B	1.09%
EQH	C	1.09%
STLD	B	1.08%
MAR	A	1.08%
LNW	F	1.07%
UTHR	C	1.06%
JBL	C	1.05%
GOOGL	C	1.04%
FOXA	A	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%
ORLY	B	1.01%
WRB	A	1.01%
EXP	B	1.01%
RL	C	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	C	0.97%
H	B	0.97%
PVH	C	0.96%
REG	A	0.96%
AIG	B	0.96%
COLM	C	0.95%
LOW	C	0.94%
MET	A	0.94%
SPB	C	0.94%
CAT	B	0.94%
AZO	C	0.94%
GPK	C	0.93%
SNX	D	0.93%
PSX	C	0.92%
LMT	D	0.92%
SPGI	C	0.92%
CI	D	0.92%
AAPL	C	0.91%
DVA	C	0.91%
MPC	D	0.9%
EBAY	D	0.89%
COKE	C	0.89%
MAS	D	0.88%
DD	C	0.87%
NVR	D	0.87%
BLDR	D	0.86%
AN	C	0.86%
NSA	C	0.83%
MHK	D	0.83%
BLD	D	0.83%
LEN	D	0.83%
HCA	F	0.82%
FBIN	D	0.8%
MTD	F	0.79%
CROX	D	0.66%

LSAF Underweight 188 Positions Relative to SMIZ

Symbol	Grade	Weight
EME	A	-1.8%
BRBR	A	-1.22%
SLVM	B	-1.1%
PRA	C	-1.08%
MCY	A	-1.06%
NTRS	A	-1.06%
PODD	C	-1.04%
ADMA	B	-1.03%
CBSH	B	-0.97%
COFS	A	-0.96%
KW	C	-0.95%
SNV	C	-0.95%
DDOG	A	-0.95%
CWT	C	-0.94%
NTAP	C	-0.93%
FISI	B	-0.91%
LNG	A	-0.9%
RYAN	A	-0.88%
FLS	B	-0.88%
ANET	C	-0.88%
PRM	C	-0.88%
FULT	A	-0.88%
LRN	A	-0.86%
MCK	A	-0.84%
WMB	A	-0.83%
TROW	B	-0.81%
ALX	D	-0.8%
SEIC	B	-0.77%
CBAN	B	-0.76%
ICUI	D	-0.75%
NRIM	A	-0.75%
IBKR	A	-0.73%
TMHC	C	-0.72%
RMBS	B	-0.71%
CEG	C	-0.71%
NI	A	-0.7%
AYI	B	-0.69%
HHH	B	-0.68%
SOFI	B	-0.67%
PK	C	-0.66%
RCL	A	-0.66%
FIX	A	-0.65%
CHCO	B	-0.64%
BMI	B	-0.63%
YEXT	B	-0.63%
TTWO	A	-0.62%
IR	B	-0.62%
HQY	A	-0.62%
CINF	A	-0.62%
MEDP	D	-0.62%
OHI	C	-0.61%
VMI	B	-0.61%
BSRR	B	-0.61%
WTS	B	-0.59%
IFF	D	-0.58%
EIX	B	-0.57%
COIN	C	-0.57%
HUBB	B	-0.57%
GLW	B	-0.57%
BMRC	B	-0.57%
TWLO	A	-0.56%
VECO	F	-0.56%
UAL	A	-0.56%
JHG	B	-0.55%
ANF	F	-0.55%
VAL	F	-0.55%
APH	A	-0.54%
KREF	C	-0.54%
NCLH	B	-0.54%
ALRS	D	-0.53%
FLR	B	-0.51%
ALTR	B	-0.51%
MASI	B	-0.5%
MATX	C	-0.5%
WING	D	-0.5%
WEAV	C	-0.48%
ARVN	F	-0.48%
ZBRA	B	-0.48%
SPT	C	-0.47%
IRDM	D	-0.47%
MHO	D	-0.46%
RMD	C	-0.46%
PKG	A	-0.46%
PSTL	D	-0.45%
ITT	A	-0.44%
NWPX	A	-0.44%
CMTG	F	-0.43%
WAB	B	-0.43%
TAP	C	-0.42%
DX	B	-0.42%
JANX	C	-0.42%
SIRI	C	-0.42%
AOSL	C	-0.42%
CHRW	B	-0.42%
LDOS	C	-0.41%
ICFI	F	-0.4%
GTLB	B	-0.4%
POWL	C	-0.4%
CSR	B	-0.39%
UIS	B	-0.39%
EXPD	C	-0.38%
BTU	B	-0.38%
BAH	F	-0.38%
CRS	B	-0.38%
HOLX	D	-0.37%
KRYS	C	-0.37%
HY	D	-0.37%
HCAT	D	-0.36%
KBH	D	-0.36%
APPF	B	-0.36%
VCYT	B	-0.36%
DRI	B	-0.35%
CBOE	C	-0.35%
KKR	A	-0.35%
ILMN	C	-0.35%
TRU	D	-0.34%
URBN	C	-0.34%
GRBK	D	-0.34%
SPSC	D	-0.34%
DOCU	B	-0.33%
UI	B	-0.33%
OKTA	C	-0.33%
GAP	C	-0.33%
ROST	D	-0.32%
QLYS	B	-0.32%
CCS	D	-0.31%
ACGL	C	-0.31%
OMC	C	-0.31%
RDFN	D	-0.3%
RIOT	C	-0.3%
HSTM	B	-0.3%
HAE	C	-0.29%
COOP	B	-0.29%
RBB	B	-0.28%
LHX	C	-0.28%
UHS	D	-0.27%
AWK	C	-0.27%
FSLY	D	-0.26%
EVTC	B	-0.26%
ADUS	D	-0.26%
EPC	F	-0.26%
GNTY	A	-0.25%
PCVX	D	-0.24%
AZEK	A	-0.24%
GIII	D	-0.23%
MSGS	A	-0.23%
EVER	D	-0.23%
ALLO	F	-0.23%
INSP	D	-0.23%
HL	D	-0.22%
WASH	C	-0.22%
IRM	C	-0.22%
KMPR	A	-0.22%
AIZ	A	-0.22%
NYT	D	-0.22%
PAHC	C	-0.22%
BRO	B	-0.21%
EXAS	D	-0.21%
ZM	C	-0.21%
VRSK	A	-0.21%
SN	D	-0.19%
STNE	F	-0.18%
AXS	A	-0.18%
TMDX	F	-0.17%
MKC	C	-0.17%
BMRN	F	-0.16%
PHR	F	-0.16%
OMCL	C	-0.16%
AEO	F	-0.13%
STKS	F	-0.12%
COUR	F	-0.12%
HRTX	F	-0.09%
RUN	F	-0.07%
SPCE	D	-0.04%
ZUO	B	-0.01%
AXTA	B	-0.01%
NPAB	F	-0.01%
ENR	B	-0.01%
DFH	D	-0.0%
CWCO	C	-0.0%
CPF	B	-0.0%
OPCH	D	-0.0%
PARR	F	-0.0%
MGM	D	-0.0%
CARG	B	-0.0%
AGNC	C	-0.0%
TSN	B	-0.0%
ALKS	C	-0.0%