QOWZ vs. LSAF ETF Comparison

Comparison of Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.34

Average Daily Volume

2,123

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$43.63

Average Daily Volume

11,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QOWZ	LSAF
30 Days	5.76%	5.32%
60 Days	7.75%	6.52%
90 Days	8.64%	9.24%
12 Months		34.17%

5 Overlapping Holdings

Symbol	Grade	Weight in QOWZ	Weight in LSAF	Overlap
FICO	B	2.07%	1.14%	1.14%
FTNT	C	2.15%	1.15%	1.15%
MAR	B	2.24%	1.08%	1.08%
MTD	D	1.1%	0.76%	0.76%
NVR	D	1.24%	0.86%	0.86%

QOWZ Overweight 45 Positions Relative to LSAF

Symbol	Grade	Weight
NVDA	C	11.37%
META	D	6.77%
AVGO	D	5.27%
UNH	C	4.65%
MA	C	4.45%
CRM	B	4.17%
NOW	A	3.39%
INTU	C	2.93%
ADBE	C	2.88%
TMO	F	2.67%
ADP	B	2.54%
CDNS	B	2.22%
CTAS	B	2.22%
APH	A	2.15%
COF	B	2.15%
KMI	A	2.12%
RSG	A	1.91%
FAST	B	1.8%
ROP	B	1.78%
PAYX	C	1.76%
KLAC	D	1.75%
WBD	C	1.41%
MCHP	D	1.25%
TDY	B	1.24%
PTC	A	1.23%
ROL	B	1.21%
WST	C	1.19%
OC	A	1.14%
MKC	D	1.09%
VRSN	F	1.07%
MANH	D	1.07%
POOL	C	0.98%
AYI	B	0.94%
BECN	B	0.79%
RMBS	C	0.73%
QLYS	C	0.72%
WTS	B	0.68%
THO	B	0.67%
LFUS	F	0.63%
CVCO	A	0.62%
PRGS	A	0.54%
TTGT	C	0.32%
RDUS	C	0.27%
SLP	D	0.21%
DLHC	F	0.11%

QOWZ Underweight 94 Positions Relative to LSAF

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%
BKNG	A	-1.17%
EXPE	B	-1.17%
GM	B	-1.17%
PLNT	A	-1.16%
FI	A	-1.15%
DUOL	A	-1.15%
AMP	A	-1.15%
NTNX	A	-1.14%
GS	A	-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%
HLT	A	-1.03%
JBL	B	-1.03%
MUSA	A	-1.02%
ORI	A	-1.02%
GEN	B	-1.02%
RL	B	-1.01%
EXP	A	-1.01%
AMG	B	-1.0%
LPX	B	-1.0%
EEFT	B	-1.0%
BR	A	-1.0%
ORLY	B	-0.99%
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%
LOW	D	-0.93%
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%
AZO	C	-0.92%
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%
EBAY	D	-0.89%
AN	C	-0.89%
MAS	D	-0.88%
DD	D	-0.88%
LMT	D	-0.88%
NSA	D	-0.87%
KBR	F	-0.87%
LEN	D	-0.85%
SAIC	F	-0.85%
THC	D	-0.85%
BLDR	D	-0.85%
BLD	D	-0.84%
HRB	D	-0.84%
PHM	D	-0.84%
MHK	D	-0.81%
FBIN	D	-0.8%
HCA	F	-0.78%
WMS	D	-0.77%
CROX	D	-0.67%