QQQM vs. LSAF ETF Comparison

Comparison of Invesco NASDAQ 100 ETF (QQQM) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

QQQM

Invesco NASDAQ 100 ETF

QQQM Description

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ-100 Index® (the 'underlying index'). 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 includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.

Grade (RS Rating)

Last Trade

$198.20

Average Daily Volume

2,172,459

Number of Holdings ^*

101

* 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

$41.12

Average Daily Volume

13,504

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQQM	LSAF
30 Days	3.60%	3.97%
60 Days	7.49%	9.25%
90 Days	-2.79%	9.68%
12 Months	34.90%	33.69%

10 Overlapping Holdings

Symbol	Grade	Weight in QQQM	Weight in LSAF	Overlap
AAPL	C	8.79%	0.97%	0.97%
ABNB	D	0.37%	0.78%	0.37%
ADBE	F	1.5%	0.85%	0.85%
BKNG	C	0.94%	0.97%	0.94%
GOOGL	B	2.42%	0.81%	0.81%
LRCX	D	0.72%	0.72%	0.72%
MAR	B	0.46%	0.93%	0.46%
META	A	5.02%	1.0%	1.0%
NFLX	B	2.0%	0.95%	0.95%
VRSK	C	0.25%	0.89%	0.25%

QQQM Overweight 91 Positions Relative to LSAF

Symbol	Grade	Weight
MSFT	D	8.15%
NVDA	B	7.73%
AVGO	C	5.42%
AMZN	C	5.1%
TSLA	C	3.12%
COST	C	2.62%
GOOG	B	2.33%
AMD	B	1.78%
TMUS	A	1.56%
PEP	F	1.53%
LIN	B	1.51%
CSCO	A	1.4%
QCOM	C	1.26%
TXN	C	1.25%
INTU	F	1.17%
AMGN	D	1.13%
AMAT	B	1.13%
ISRG	C	1.13%
CMCSA	C	1.04%
HON	C	0.88%
MU	D	0.8%
VRTX	D	0.78%
ADI	C	0.76%
REGN	D	0.74%
SBUX	C	0.73%
ADP	A	0.73%
PANW	D	0.72%
KLAC	B	0.71%
MELI	D	0.7%
GILD	A	0.68%
INTC	D	0.67%
MDLZ	D	0.65%
PDD	B	0.57%
CTAS	C	0.55%
PYPL	C	0.54%
CEG	A	0.53%
ASML	F	0.53%
SNPS	F	0.52%
CDNS	D	0.49%
ORLY	A	0.44%
CRWD	D	0.43%
CSX	D	0.43%
MRVL	B	0.42%
NXPI	F	0.41%
ADSK	C	0.39%
FTNT	B	0.39%
ROP	C	0.39%
DASH	B	0.36%
AEP	C	0.35%
PCAR	C	0.34%
WDAY	D	0.34%
CPRT	C	0.33%
KDP	C	0.33%
MNST	D	0.33%
ROST	D	0.33%
TTD	A	0.32%
PAYX	A	0.31%
CHTR	D	0.3%
AZN	D	0.3%
IDXX	D	0.28%
KHC	F	0.28%
GEHC	C	0.28%
MCHP	F	0.28%
FAST	C	0.27%
ODFL	F	0.27%
EXC	A	0.26%
EA	D	0.25%
CTSH	B	0.25%
CCEP	D	0.24%
BKR	B	0.23%
DDOG	C	0.23%
XEL	B	0.23%
ON	F	0.21%
LULU	D	0.21%
FANG	C	0.2%
CDW	D	0.2%
CSGP	F	0.2%
BIIB	F	0.19%
ANSS	D	0.19%
DXCM	F	0.18%
ZS	F	0.17%
TEAM	D	0.17%
TTWO	F	0.17%
MRNA	F	0.16%
GFS	F	0.15%
SMCI	F	0.15%
ILMN	B	0.14%
MDB	D	0.13%
WBD	D	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QQQM Underweight 87 Positions Relative to LSAF

Symbol	Grade	Weight
APP	A	-1.4%
VST	B	-1.22%
TOL	A	-1.19%
EXP	B	-1.18%
FFIV	B	-1.17%
UHS	D	-1.17%
PHM	A	-1.16%
ALSN	A	-1.16%
URI	C	-1.15%
MAS	A	-1.14%
THC	D	-1.13%
AFL	A	-1.12%
NVR	B	-1.12%
HCA	C	-1.12%
LEN	B	-1.11%
RTX	A	-1.09%
MTG	B	-1.08%
CAT	A	-1.08%
USFD	C	-1.08%
EBAY	A	-1.08%
VRT	B	-1.07%
DVA	C	-1.06%
NRG	A	-1.06%
JBL	C	-1.06%
SAIC	A	-1.06%
AXP	B	-1.06%
WAB	B	-1.05%
SPGI	B	-1.05%
OMC	C	-1.05%
AWI	A	-1.05%
MET	B	-1.05%
GWW	B	-1.05%
HIG	B	-1.05%
CPAY	A	-1.04%
UNM	A	-1.04%
ORI	B	-1.04%
AMG	B	-1.03%
RL	B	-1.03%
LAMR	C	-1.02%
AN	D	-1.02%
UTHR	C	-1.02%
PRI	A	-1.02%
DD	C	-1.01%
DE	B	-1.0%
SPB	C	-1.0%
CSL	A	-0.99%
LDOS	A	-0.99%
AMP	A	-0.99%
PFG	C	-0.99%
AOS	B	-0.99%
SLM	C	-0.98%
OTIS	A	-0.98%
WSO	C	-0.98%
AZO	D	-0.97%
HLT	B	-0.97%
DOV	B	-0.97%
SYF	B	-0.96%
CI	D	-0.95%
H	C	-0.95%
MUSA	D	-0.95%
EQH	C	-0.94%
SNX	D	-0.94%
LNG	A	-0.93%
KEX	C	-0.93%
V	C	-0.93%
MKL	C	-0.92%
HOOD	C	-0.91%
TXT	F	-0.91%
OC	C	-0.91%
VVV	F	-0.9%
AIG	F	-0.9%
GM	D	-0.9%
STLD	B	-0.88%
CRUS	D	-0.87%
COTY	F	-0.87%
DECK	B	-0.87%
NUE	C	-0.86%
MPC	C	-0.85%
PSX	D	-0.84%
PVH	F	-0.84%
CNM	F	-0.84%
FDX	F	-0.81%
COP	D	-0.81%
VLO	D	-0.79%
BBWI	F	-0.74%
MCK	F	-0.74%
OVV	D	-0.71%