LSAF vs. XLY ETF Comparison

Comparison of LeaderShares AlphaFactor US Core Equity ETF (LSAF) to SPDR Select Sector Fund - Consumer Discretionary (XLY)

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

$44.31

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLY

SPDR Select Sector Fund - Consumer Discretionary

XLY Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Consumer Discretionary Select Sector Index. The fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: media; retail; hotels, restaurants & leisure; textiles, apparel & luxury goods; household durables; automobiles; auto components; distributors; leisure equipment & products; and diversified consumer services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$221.30

Average Daily Volume

2,759,688

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LSAF	XLY
30 Days	5.32%	12.39%
60 Days	6.52%	9.78%
90 Days	9.24%	16.33%
12 Months	34.17%	30.82%

14 Overlapping Holdings

Symbol	Grade	Weight in LSAF	Weight in XLY	Overlap
AZO	C	0.92%	1.38%	0.92%
BKNG	A	1.17%	4.29%	1.17%
EBAY	D	0.89%	0.78%	0.78%
EXPE	B	1.17%	0.59%	0.59%
GM	B	1.17%	1.67%	1.17%
HLT	A	1.03%	1.59%	1.03%
LEN	D	0.85%	1.06%	0.85%
LOW	D	0.93%	3.97%	0.93%
MAR	B	1.08%	1.7%	1.08%
MHK	D	0.81%	0.19%	0.19%
NVR	D	0.86%	0.73%	0.73%
ORLY	B	0.99%	1.83%	0.99%
PHM	D	0.84%	0.69%	0.69%
RL	B	1.01%	0.22%	0.22%

LSAF Overweight 85 Positions Relative to XLY

Symbol	Grade	Weight
TRGP	B	1.34%
VST	B	1.32%
EXEL	B	1.27%
SYF	B	1.24%
UNM	A	1.21%
OWL	A	1.19%
AAON	B	1.18%
PLNT	A	1.16%
FI	A	1.15%
DUOL	A	1.15%
FTNT	C	1.15%
AMP	A	1.15%
NTNX	A	1.14%
GS	A	1.14%
FICO	B	1.14%
CPAY	A	1.13%
STLD	B	1.09%
LOPE	B	1.08%
CMI	A	1.08%
TMUS	B	1.08%
PRI	A	1.06%
WSO	A	1.05%
EQH	B	1.05%
GWRE	A	1.04%
RS	B	1.04%
MO	A	1.04%
FOXA	B	1.04%
WRB	A	1.04%
AXP	A	1.03%
JBL	B	1.03%
MUSA	A	1.02%
ORI	A	1.02%
GEN	B	1.02%
EXP	A	1.01%
AMG	B	1.0%
LPX	B	1.0%
EEFT	B	1.0%
BR	A	1.0%
LNW	D	0.99%
REG	B	0.98%
MET	A	0.98%
AIG	B	0.98%
HIG	B	0.97%
H	B	0.97%
FIS	C	0.97%
IT	C	0.97%
UTHR	C	0.97%
WWD	B	0.96%
GOOGL	C	0.96%
PSX	C	0.95%
AFL	B	0.95%
DVA	B	0.95%
CAT	B	0.94%
SPGI	C	0.94%
COLM	B	0.93%
POST	C	0.93%
MPC	D	0.93%
PVH	C	0.93%
AAPL	C	0.93%
TOL	B	0.93%
CSL	C	0.93%
SNX	C	0.92%
GPK	C	0.92%
MTG	C	0.92%
PSN	D	0.91%
SPB	C	0.9%
COKE	C	0.9%
TXT	D	0.9%
CI	F	0.9%
AN	C	0.89%
MAS	D	0.88%
DD	D	0.88%
LMT	D	0.88%
NSA	D	0.87%
KBR	F	0.87%
SAIC	F	0.85%
THC	D	0.85%
BLDR	D	0.85%
BLD	D	0.84%
HRB	D	0.84%
FBIN	D	0.8%
HCA	F	0.78%
WMS	D	0.77%
MTD	D	0.76%
CROX	D	0.67%

LSAF Underweight 36 Positions Relative to XLY

Symbol	Grade	Weight
AMZN	C	-23.32%
TSLA	B	-16.27%
HD	A	-7.58%
MCD	D	-4.05%
TJX	A	-3.49%
SBUX	A	-2.9%
NKE	D	-2.34%
CMG	B	-2.11%
ABNB	C	-1.53%
RCL	A	-1.42%
DHI	D	-1.24%
ROST	C	-1.22%
F	C	-1.11%
YUM	B	-0.99%
LULU	C	-0.98%
GRMN	B	-0.84%
TSCO	D	-0.77%
DECK	A	-0.69%
CCL	B	-0.63%
DRI	B	-0.51%
ULTA	F	-0.47%
BBY	D	-0.46%
LVS	C	-0.44%
GPC	D	-0.44%
DPZ	C	-0.39%
APTV	D	-0.37%
POOL	C	-0.35%
TPR	B	-0.34%
KMX	B	-0.31%
NCLH	B	-0.3%
LKQ	D	-0.26%
CZR	F	-0.22%
MGM	D	-0.22%
WYNN	D	-0.22%
HAS	D	-0.21%
BWA	D	-0.2%