LSAT vs. XSW ETF Comparison

Comparison of LeaderShares AlphaFactor Tactical Focused ETF (LSAT) to SPDR S&P Software & Services ETF (XSW)

LSAT

LeaderShares AlphaFactor Tactical Focused ETF

LSAT Description

The investment seeks to generate long term capital growth. The fund will typically be invested in a diversified portfolio of equity securities, or investments that are economically tied to equity securities (i.e., derivatives) such as equity options, of companies with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.

Grade (RS Rating)

Last Trade

$40.57

Average Daily Volume

10,343

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$167.33

Average Daily Volume

9,492

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	LSAT	XSW
30 Days	-2.54%	6.27%
60 Days	-1.03%	6.43%
90 Days	4.51%	13.29%
12 Months	27.38%	36.92%

1 Overlapping Holdings

	Symbol	Grade	Weight in LSAT	Weight in XSW	Overlap
	TDC	B	3.59%	0.75%	0.75%

LSAT Overweight 29 Positions Relative to XSW

Symbol	Grade	Weight
BMY	A	3.66%
PPC	A	3.61%
NXST	A	3.58%
CMCSA	A	3.54%
VST	B	3.53%
MAR	A	3.53%
JEF	B	3.51%
TNL	A	3.5%
LH	A	3.46%
HLT	A	3.44%
FOX	A	3.39%
SRE	C	3.38%
JNJ	D	3.35%
ADTN	B	3.35%
MTG	D	3.31%
DE	B	3.28%
VLO	F	3.25%
SPB	C	3.21%
POST	D	3.2%
DKS	F	3.19%
HRB	D	3.16%
DD	D	3.16%
EXPD	D	3.07%
MPC	F	3.03%
ARW	D	3.01%
EBAY	D	2.98%
NSA	D	2.95%
DINO	F	2.93%
CNC	D	2.81%

LSAT Underweight 133 Positions Relative to XSW

Symbol	Grade	Weight
MSTR	B	-1.16%
CIFR	B	-1.13%
WULF	B	-1.08%
APP	B	-1.01%
NNBR	D	-1.0%
RIOT	C	-0.96%
RBRK	A	-0.93%
NCNO	B	-0.87%
AUR	B	-0.87%
CLSK	C	-0.85%
ALKT	B	-0.84%
ALTR	B	-0.82%
YOU	A	-0.82%
PEGA	A	-0.81%
DOCU	A	-0.81%
PLTR	B	-0.81%
RPD	C	-0.8%
RNG	A	-0.8%
CRWD	C	-0.79%
DDOG	B	-0.78%
VERX	B	-0.78%
TEAM	A	-0.77%
CRM	A	-0.77%
S	B	-0.77%
PRO	C	-0.77%
INTA	B	-0.76%
HUBS	B	-0.76%
QTWO	A	-0.76%
CFLT	A	-0.76%
AI	C	-0.75%
MARA	D	-0.75%
PRGS	B	-0.74%
ZUO	A	-0.74%
CWAN	B	-0.74%
BL	B	-0.74%
SOUN	B	-0.74%
ADSK	B	-0.73%
SNPS	B	-0.73%
CVLT	B	-0.73%
ZS	C	-0.73%
BILL	A	-0.73%
GWRE	B	-0.73%
ZM	A	-0.73%
CDNS	C	-0.72%
SMAR	A	-0.72%
PCOR	B	-0.72%
NOW	A	-0.72%
PTC	B	-0.72%
DT	B	-0.72%
NTNX	B	-0.72%
IDCC	A	-0.72%
ATEN	A	-0.72%
DBX	A	-0.71%
TTWO	A	-0.71%
APPN	A	-0.71%
FICO	B	-0.71%
ESTC	D	-0.71%
ORCL	B	-0.71%
WK	C	-0.71%
FRSH	C	-0.7%
PLTK	A	-0.7%
FTNT	B	-0.7%
TYL	A	-0.7%
MITK	D	-0.7%
ZETA	C	-0.7%
DJCO	A	-0.69%
PD	C	-0.69%
KD	D	-0.69%
PANW	B	-0.69%
TENB	D	-0.69%
FIVN	C	-0.69%
U	C	-0.69%
IOT	C	-0.69%
INFA	C	-0.69%
ASGN	F	-0.68%
EA	A	-0.68%
DLB	B	-0.68%
QXO	C	-0.68%
ACIW	C	-0.68%
ANSS	C	-0.68%
MSFT	D	-0.67%
MANH	D	-0.67%
PATH	C	-0.67%
ASAN	D	-0.67%
IT	C	-0.67%
GEN	A	-0.67%
ACN	C	-0.66%
ROP	D	-0.66%
SWI	B	-0.66%
NABL	F	-0.66%
INST	A	-0.66%
VYX	F	-0.66%
BSY	F	-0.66%
GTLB	A	-0.66%
ENV	A	-0.66%
HCP	A	-0.66%
SPT	F	-0.65%
VRNS	D	-0.65%
DXC	D	-0.65%
SEMR	D	-0.65%
DV	F	-0.65%
ALRM	F	-0.65%
AGYS	D	-0.64%
CTSH	D	-0.64%
APPF	D	-0.64%
BOX	D	-0.64%
RAMP	D	-0.64%
JAMF	D	-0.63%
INTU	D	-0.63%
OLO	A	-0.63%
WDAY	F	-0.63%
IBM	C	-0.63%
QLYS	F	-0.63%
CXM	F	-0.62%
YEXT	A	-0.62%
EPAM	F	-0.62%
MLNK	B	-0.62%
RBLX	A	-0.62%
ADBE	F	-0.6%
BRZE	F	-0.6%
BLND	C	-0.59%
GDYN	B	-0.59%
OSPN	B	-0.58%
SPSC	F	-0.58%
BLKB	D	-0.58%
IBUY	A	-0.55%
VRNT	F	-0.55%
WEAV	B	-0.51%
ETWO	F	-0.45%
DMRC	A	-0.44%
CCSI	B	-0.38%
HCKT	D	-0.35%
LGTY	B	-0.27%