SYLD vs. LSAF ETF Comparison

Comparison of Cambria Shareholder Yield ETF (SYLD) to LeaderShares AlphaFactor US Core Equity ETF (LSAF)

SYLD

Cambria Shareholder Yield ETF

SYLD Description

The investment seeks income and capital appreciation with an emphasis on income from investments in the U.S. equity market. The fund invests primarily in equity securities that provide a high "shareholder yield." Cambria views equity securities as providing a high shareholder yield if they exhibit strong cash flows, as reflected by their payment of dividends to shareholders and their return of capital to shareholders in other forms. It will invest primarily in equity securities, including the common stock, of U.S. companies, though the fund may obtain a limited amount of foreign and emerging markets exposure through investments in ADRs.

Grade (RS Rating)

Last Trade

$71.61

Average Daily Volume

57,841

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

$41.12

Average Daily Volume

13,504

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SYLD	LSAF
30 Days	1.77%	3.97%
60 Days	4.51%	9.25%
90 Days	6.92%	9.68%
12 Months	22.24%	33.69%

23 Overlapping Holdings

Symbol	Grade	Weight in SYLD	Weight in LSAF	Overlap
AFL	A	1.28%	1.12%	1.12%
AMG	B	1.01%	1.03%	1.01%
AMP	A	1.07%	0.99%	0.99%
AN	D	1.17%	1.02%	1.02%
COP	D	0.81%	0.81%	0.81%
DD	C	1.14%	1.01%	1.01%
LEN	B	1.17%	1.11%	1.11%
MET	B	1.08%	1.05%	1.05%
MPC	C	0.81%	0.85%	0.81%
NUE	C	0.8%	0.86%	0.8%
OC	C	1.07%	0.91%	0.91%
PFG	C	0.98%	0.99%	0.98%
PHM	A	1.24%	1.16%	1.16%
PSX	D	0.8%	0.84%	0.8%
PVH	F	0.71%	0.84%	0.71%
SLM	C	1.02%	0.98%	0.98%
SNX	D	1.19%	0.94%	0.94%
STLD	B	0.87%	0.88%	0.87%
SYF	B	1.09%	0.96%	0.96%
TOL	A	1.23%	1.19%	1.19%
TXT	F	0.91%	0.91%	0.91%
UHS	D	1.36%	1.17%	1.17%
VLO	D	0.78%	0.79%	0.78%

SYLD Overweight 76 Positions Relative to LSAF

Symbol	Grade	Weight
SLVM	C	1.44%
ATGE	D	1.44%
PRG	C	1.44%
REVG	D	1.41%
JEF	A	1.4%
FOXA	A	1.33%
CNX	A	1.31%
BRC	C	1.31%
VCTR	A	1.3%
PYPL	C	1.26%
CALM	A	1.23%
R	C	1.22%
COOP	B	1.21%
KBH	C	1.2%
T	A	1.19%
MATX	C	1.19%
CEIX	B	1.18%
BERY	C	1.15%
EMN	C	1.14%
HRB	C	1.14%
BTU	B	1.1%
ARW	C	1.09%
UGI	C	1.05%
VZ	B	1.04%
BLDR	B	1.03%
PAGP	D	1.03%
FHI	C	1.02%
CF	A	1.02%
BWA	C	1.01%
AFG	B	1.01%
PAG	D	1.0%
BCC	C	1.0%
DOW	B	0.97%
VTRS	D	0.96%
MAN	D	0.96%
KHC	F	0.96%
EOG	B	0.95%
LNC	D	0.95%
TNL	C	0.95%
MGY	B	0.94%
CMCSA	C	0.94%
HUN	C	0.94%
LYB	F	0.94%
AGO	B	0.94%
DXC	B	0.93%
ETD	C	0.93%
WHR	C	0.93%
GEF	D	0.93%
MRO	C	0.92%
CRC	B	0.92%
CHK	D	0.91%
BC	D	0.9%
HVT	F	0.9%
CVX	B	0.9%
WU	D	0.87%
ARCH	C	0.87%
HP	D	0.85%
OLN	C	0.83%
CTRA	D	0.83%
CLF	F	0.82%
DDS	D	0.82%
MUR	F	0.81%
CRI	D	0.8%
KSS	D	0.79%
SM	C	0.79%
DVN	F	0.78%
MOS	F	0.73%
AMR	F	0.73%
CHRD	F	0.73%
CVI	D	0.65%
WNC	F	0.65%
XRX	D	0.64%
RYI	F	0.6%
ODP	F	0.56%
PBF	F	0.54%
ATKR	F	0.47%

SYLD Underweight 74 Positions Relative to LSAF

Symbol	Grade	Weight
APP	A	-1.4%
VST	B	-1.22%
EXP	B	-1.18%
FFIV	B	-1.17%
ALSN	A	-1.16%
URI	C	-1.15%
MAS	A	-1.14%
THC	D	-1.13%
NVR	B	-1.12%
HCA	C	-1.12%
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%
GWW	B	-1.05%
HIG	B	-1.05%
CPAY	A	-1.04%
UNM	A	-1.04%
ORI	B	-1.04%
RL	B	-1.03%
LAMR	C	-1.02%
UTHR	C	-1.02%
PRI	A	-1.02%
DE	B	-1.0%
SPB	C	-1.0%
META	A	-1.0%
CSL	A	-0.99%
LDOS	A	-0.99%
AOS	B	-0.99%
OTIS	A	-0.98%
WSO	C	-0.98%
BKNG	C	-0.97%
AAPL	C	-0.97%
AZO	D	-0.97%
HLT	B	-0.97%
DOV	B	-0.97%
CI	D	-0.95%
H	C	-0.95%
NFLX	B	-0.95%
MUSA	D	-0.95%
EQH	C	-0.94%
LNG	A	-0.93%
KEX	C	-0.93%
MAR	B	-0.93%
V	C	-0.93%
MKL	C	-0.92%
HOOD	C	-0.91%
VVV	F	-0.9%
AIG	F	-0.9%
GM	D	-0.9%
VRSK	C	-0.89%
CRUS	D	-0.87%
COTY	F	-0.87%
DECK	B	-0.87%
ADBE	F	-0.85%
CNM	F	-0.84%
GOOGL	B	-0.81%
FDX	F	-0.81%
ABNB	D	-0.78%
BBWI	F	-0.74%
MCK	F	-0.74%
LRCX	D	-0.72%
OVV	D	-0.71%