LSAF vs. VAMO ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to Cambria Value and Momentum ETF (VAMO)

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

$43.22

Average Daily Volume

11,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VAMO

Cambria Value and Momentum ETF

VAMO Description

The investment seeks income and capital appreciation from investments in the U.S. equity market. The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund&#39;s net assets in U.S. exchange-listed equity securities. It may hedge up to 100% of the value of the fund&#39;s long portfolio. The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

3,719

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	VAMO
30 Days	3.33%	7.40%
60 Days	6.17%	7.72%
90 Days	8.22%	8.18%
12 Months	32.92%	22.17%

17 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in VAMO	Overlap
AFL	B	0.93%	0.79%	0.79%
EQH	C	1.09%	0.79%	0.79%
FOXA	A	1.04%	0.88%	0.88%
GM	C	1.2%	0.92%	0.92%
HIG	B	0.95%	0.92%	0.92%
LEN	D	0.83%	1.08%	0.83%
LPX	B	0.98%	0.82%	0.82%
MHK	D	0.83%	0.7%	0.7%
MTG	C	0.92%	0.87%	0.87%
PHM	D	0.84%	1.45%	0.84%
PRI	B	1.07%	0.84%	0.84%
SNX	D	0.93%	0.67%	0.67%
SYF	B	1.23%	1.17%	1.17%
THC	D	0.94%	0.8%	0.8%
TOL	B	0.92%	0.96%	0.92%
UTHR	C	1.06%	0.85%	0.85%
VST	A	1.12%	1.76%	1.12%

LSAF Overweight 82 Positions Relative to VAMO

Symbol	Grade	Weight
EXEL	B	1.3%
TRGP	A	1.25%
FTNT	C	1.2%
AAON	B	1.19%
EXPE	B	1.16%
NTNX	B	1.15%
UNM	A	1.14%
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%
STLD	B	1.08%
MAR	A	1.08%
LNW	F	1.07%
JBL	C	1.05%
DUOL	A	1.05%
GOOGL	C	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%
MUSA	B	1.01%
WRB	A	1.01%
GWRE	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%
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%
CSL	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%
TXT	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%
POST	C	0.89%
MAS	D	0.88%
HRB	D	0.88%
DD	C	0.87%
NVR	D	0.87%
BLDR	D	0.86%
AN	C	0.86%
NSA	C	0.83%
BLD	D	0.83%
HCA	F	0.82%
FBIN	D	0.8%
MTD	F	0.79%
WMS	F	0.78%
CROX	D	0.66%

LSAF Underweight 80 Positions Relative to VAMO

Symbol	Grade	Weight
MLI	B	-2.01%
STRL	A	-1.72%
COOP	B	-1.59%
SKYW	C	-1.46%
ENVA	B	-1.46%
CEIX	A	-1.36%
PRDO	B	-1.32%
HOOD	B	-1.31%
TMHC	C	-1.18%
REVG	C	-1.17%
AGX	B	-1.17%
L	A	-1.17%
PATK	C	-1.14%
DHI	F	-1.12%
TDS	B	-1.12%
POWL	C	-1.09%
JXN	C	-1.08%
EME	A	-1.08%
CNX	A	-1.08%
MCY	A	-1.07%
HTLF	B	-1.06%
IESC	C	-1.06%
IDCC	B	-1.04%
SKWD	A	-1.03%
MTH	D	-1.02%
BFH	C	-1.02%
CENX	B	-1.02%
MATX	C	-1.01%
BCC	B	-0.99%
OSCR	D	-0.98%
COF	C	-0.97%
CALM	A	-0.96%
FCNCA	A	-0.96%
WTTR	A	-0.94%
LRN	A	-0.93%
CFG	B	-0.93%
PPC	C	-0.91%
HCC	B	-0.91%
BZH	C	-0.89%
ATGE	B	-0.89%
MHO	D	-0.89%
APOG	C	-0.87%
PHIN	A	-0.87%
INGR	C	-0.85%
GPI	B	-0.84%
ABM	B	-0.84%
RGA	A	-0.84%
KBH	D	-0.83%
HNI	B	-0.83%
RSI	A	-0.83%
KFY	B	-0.82%
BHE	C	-0.82%
TPC	C	-0.82%
DNOW	B	-0.81%
PLUS	F	-0.8%
T	A	-0.8%
SLVM	B	-0.79%
NRG	B	-0.79%
SM	B	-0.78%
SCSC	C	-0.77%
CRBG	B	-0.77%
RDN	D	-0.75%
LNC	C	-0.74%
PRU	A	-0.73%
AIZ	A	-0.73%
WKC	C	-0.72%
WSM	C	-0.72%
TPH	D	-0.71%
FNF	B	-0.7%
ALLY	C	-0.69%
MLKN	F	-0.69%
CCS	D	-0.68%
GRBK	D	-0.67%
UHS	D	-0.66%
CRUS	D	-0.65%
CUBI	B	-0.62%
UFPI	C	-0.6%
LBRT	D	-0.6%
CAL	F	-0.59%
NSIT	F	-0.59%