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ETFs

LeaderShares AlphaFactor US Core Equity ETF

LSAF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 02 2018
Expense Ratio
0.75%
Type
US Equities
Fund Owner
LeaderShares
Volume (1m avg. daily)
$494,221
AUM
$150,696,000
Associated Index
AlphaFactor US Core Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BLDR
Builders Firstsource Inc
1.30%
FTNT
Fortinet Inc
1.30%
RS
Reliance Steel & Aluminum Co.
1.26%
H
Hyatt Hotels Corporation - Ordinary Shares - Class A
1.25%
AN
Autonation Inc.
1.22%
ODFL
Old Dominion Freight Line, Inc.
1.20%
PAG
Penske Automotive Group Inc
1.19%
FICO
Fair, Isaac Corp.
1.17%
BYD
Boyd Gaming Corp.
1.15%
LW
Lamb Weston Holdings Inc
1.15%
Invest with LSAF

What is LSAF?

The LeaderShares AlphaFactor Core ETF seeks to passively replicate the Adviser s proprietary index, the AlphaFactor US Core Equity Index (the Index ). The Index utilizes a quantitative factor-based investment methodology focused on the largest 1,000 U.S. common stocks based on market capitalization. Companies within this group of top 1,000 market capitalization may be considered large or mid-cap companies. Due to future market fluctuations, the market capitalization of this universe may be lower or higher at any given time. The methodology selects stocks based on a number of characteristics that include, but are not limited to, net share count reduction, free cash flow growth, dividend yield, volatility and debt/asset ratios. The final selection of stocks is based on market characteristics including, but not limited to, liquidity and market capitalization.

ETFs related toLSAF

ETFs correlated to LSAF include WTV, VFVA, DFAT

LSAF
Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF
WTV
WisdomTree Trust - WisdomTree U.S. Value Fund
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted Value ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
FNX
First Trust Exchange-Traded Fund III - First Trust Mid Cap Core AlphaDEX Fund
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
SYLD
Cambria Investment Management LP - Cambria Shareholder Yield ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toLSAF

#BUTTERFLY

Golden Butterfly

Category

Getting Defensive

Risk Rating

Moderate

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with LSAF using Composer

FAQ

LSAF is a US Equities ETF. The LeaderShares AlphaFactor Core ETF seeks to passively replicate the Adviser s proprietary index, the AlphaFactor US Core Equity Index (the Index ). The Index utilizes a quantitative factor-based investment methodology focused on the largest 1,000 U.S. common stocks based on market capitalization. Companies within this group of top 1,000 market capitalization may be considered large or mid-cap companies. Due to future market fluctuations, the market capitalization of this universe may be lower or higher at any given time. The methodology selects stocks based on a number of characteristics that include, but are not limited to, net share count reduction, free cash flow growth, dividend yield, volatility and debt/asset ratios. The final selection of stocks is based on market characteristics including, but not limited to, liquidity and market capitalization.

LSAF tracks the AlphaFactor US Core Equity Index.

No, LSAF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, LSAF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LSAF is -0.0832%. This is the percent change in the value of LSAF over the most recent 1-month period. The 3-month return on LSAF is -0.0138%. This is the percent change in the value of LSAF over the most recent 3-month period.

The standard deviation of LSAF for the past year is 0.2471%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LSAF include XYLD, PKW, and HDGE.

ETFs correlated to LSAF include WTV, VFVA, and DFAT.

ETFs that are inversely correlated to LSAF include RWM, TWM, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.