LSAF vs. SYLD ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Cambria Shareholder Yield ETF (SYLD)

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

$42.77

Average Daily Volume

11,414

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SYLD

Cambria Shareholder Yield ETF

SYLD Description

The investment seeks income and capital appreciation with an emphasis on income from investments in the U.S. equity market. The fund invests primarily in equity securities that provide a high "shareholder yield." Cambria views equity securities as providing a high shareholder yield if they exhibit strong cash flows, as reflected by their payment of dividends to shareholders and their return of capital to shareholders in other forms. It will invest primarily in equity securities, including the common stock, of U.S. companies, though the fund may obtain a limited amount of foreign and emerging markets exposure through investments in ADRs.

Grade (RS Rating)

Last Trade

$73.37

Average Daily Volume

58,250

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	SYLD
30 Days	1.59%	1.17%
60 Days	7.99%	5.90%
90 Days	10.06%	5.69%
12 Months	32.34%	20.23%

20 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in SYLD	Overlap
AFL	C	0.93%	1.21%	0.93%
AMG	B	0.99%	1.03%	0.99%
AMP	A	1.08%	1.26%	1.08%
AN	C	0.88%	1.08%	0.88%
BLDR	C	0.91%	0.91%	0.91%
CI	D	0.9%	0.87%	0.87%
DD	D	0.95%	1.07%	0.95%
FOXA	A	1.01%	1.38%	1.01%
HRB	D	0.94%	1.08%	0.94%
LEN	D	0.93%	1.04%	0.93%
MET	C	0.93%	1.07%	0.93%
MPC	D	0.91%	0.75%	0.75%
PHM	D	0.91%	1.09%	0.91%
PSX	C	0.91%	0.75%	0.75%
PVH	C	0.97%	0.73%	0.73%
SNX	C	0.97%	1.2%	0.97%
STLD	C	1.06%	1.04%	1.04%
SYF	B	1.12%	1.46%	1.12%
TOL	B	0.98%	1.19%	0.98%
TXT	D	0.93%	0.9%	0.9%

LSAF Overweight 79 Positions Relative to SYLD

Symbol	Grade	Weight
EXEL	B	1.32%
TRGP	B	1.19%
GM	B	1.18%
BKNG	A	1.14%
FI	A	1.11%
EXPE	B	1.09%
TMUS	A	1.08%
OWL	B	1.08%
UNM	A	1.08%
NTNX	B	1.07%
CMI	A	1.07%
DUOL	A	1.06%
JBL	C	1.06%
PSN	C	1.06%
LNW	F	1.05%
GS	B	1.05%
SAIC	D	1.05%
UTHR	B	1.05%
CPAY	A	1.04%
EQH	B	1.04%
MO	A	1.04%
MAR	A	1.03%
RL	B	1.03%
WRB	B	1.02%
GEN	B	1.02%
AAON	B	1.02%
FICO	B	1.02%
FIS	B	1.02%
PRI	B	1.02%
KBR	D	1.02%
VST	B	1.01%
EXP	B	1.01%
GOOGL	C	1.01%
AIG	B	1.01%
THC	B	1.0%
REG	A	1.0%
IT	B	1.0%
BR	A	1.0%
HLT	A	1.0%
EEFT	C	1.0%
AXP	B	1.0%
GWRE	A	1.0%
COLM	B	0.99%
FTNT	B	0.99%
ORLY	A	0.99%
RS	C	0.99%
LOW	B	0.98%
ORI	A	0.98%
MUSA	B	0.98%
LPX	A	0.98%
WSO	B	0.97%
MAS	D	0.96%
CAT	B	0.96%
WWD	B	0.96%
WMS	F	0.96%
LOPE	B	0.96%
PLNT	A	0.96%
AAPL	C	0.95%
SPB	A	0.95%
AZO	B	0.95%
CSL	B	0.95%
SPGI	C	0.94%
GPK	D	0.94%
FBIN	F	0.94%
HIG	C	0.94%
NVR	D	0.94%
POST	D	0.94%
EBAY	C	0.93%
MTG	C	0.92%
H	B	0.92%
LMT	D	0.92%
BLD	F	0.91%
MTD	F	0.91%
DVA	C	0.89%
COKE	C	0.89%
NSA	D	0.89%
HCA	D	0.89%
MHK	D	0.86%
CROX	F	0.72%

LSAF Underweight 80 Positions Relative to SYLD

Symbol	Grade	Weight
ATGE	C	-1.63%
JEF	B	-1.56%
CNX	B	-1.52%
VCTR	C	-1.48%
REVG	B	-1.47%
CEIX	B	-1.42%
PRG	B	-1.4%
MATX	B	-1.33%
SKYW	B	-1.31%
R	B	-1.27%
PYPL	A	-1.27%
BRC	B	-1.26%
BTU	C	-1.26%
T	A	-1.18%
FHI	A	-1.11%
KBH	D	-1.11%
OC	A	-1.11%
UHS	D	-1.1%
BERY	D	-1.09%
LNC	B	-1.09%
SLM	A	-1.09%
INGR	B	-1.07%
TNL	A	-1.05%
ARCH	B	-1.04%
AVT	C	-1.04%
EMN	D	-1.03%
TMHC	B	-1.0%
AGO	B	-1.0%
CMCSA	B	-1.0%
BWA	B	-0.98%
ARW	F	-0.98%
MLKN	D	-0.98%
BCC	B	-0.98%
CF	B	-0.97%
GEF	B	-0.97%
UGI	D	-0.97%
AFG	A	-0.96%
HP	C	-0.96%
DXC	B	-0.96%
IPG	F	-0.95%
VTRS	B	-0.95%
MRO	B	-0.95%
PFG	C	-0.95%
WHR	B	-0.94%
PAGP	C	-0.94%
CVX	A	-0.94%
EOG	A	-0.93%
BC	D	-0.92%
VZ	D	-0.92%
WKC	C	-0.9%
KHC	F	-0.89%
CLF	F	-0.89%
HRMY	D	-0.88%
NUE	D	-0.86%
DOW	F	-0.85%
CTRA	B	-0.84%
MAN	F	-0.84%
ETD	D	-0.84%
DDS	B	-0.83%
COP	C	-0.83%
LYB	F	-0.82%
SM	C	-0.81%
RYI	B	-0.8%
HUN	F	-0.8%
VLO	C	-0.78%
HVT	F	-0.76%
WU	F	-0.76%
MOS	D	-0.76%
AMR	C	-0.76%
OLN	F	-0.76%
DVN	F	-0.75%
MUR	D	-0.74%
KSS	D	-0.68%
WNC	C	-0.64%
CRI	D	-0.61%
ATKR	C	-0.56%
XRX	F	-0.55%
ODP	F	-0.52%
PBF	F	-0.52%
CVI	F	-0.48%