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ETFs

LeaderShares AlphaFactor Tactical Focused ETF

LSAT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 26 2020
Expense Ratio
0.99%
Type
US Equities
Fund Owner
LeaderShares
Volume (1m avg. daily)
$1,017,009
AUM
$199,494,750
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MPC
Marathon Petroleum Corp
4.29%
DINO
HF Sinclair Corp.
4.23%
VLO
Valero Energy Corp.
4.06%
APA
APA Corporation
3.82%
LOPE
Grand Canyon Education Inc
3.65%
CVX
Chevron Corp.
3.61%
PPC
Pilgrim`s Pride Corp.
3.53%
MTG
MGIC Investment Corp
3.50%
ALSN
Allison Transmission Holdings Inc
3.40%
WH
Wyndham Hotels & Resorts Inc
3.40%
Invest with LSAT

What is LSAT?

The LeaderShares AlphaFactor Tactical Focused ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund ( ETF ) that employs an investment approach that utilizes a quantitative factor-based investment methodology focused on U.S. equities. The Adviser 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. The Fund expects the average daily trading volume of shares in companies being selected to be in excess of 400,000 shares per day at the time of purchase, however average daily trading volume may change due to market fluctuations. In addition, the Fund expects the market capitalization of the companies in which it invests to be $1 billion and greater, however this could change due to market fluctuations.

ETFs related toLSAT

ETFs correlated to LSAT include DFLV, BSVO, EQTY

LSAT
Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
BSVO
EA Series Trust - EA Bridgeway Omni Small-Cap Value ETF
EQTY
Valued Advisers Trust - Kovitz Core Equity ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
XMVM
Invesco Capital Management LLC - Invesco S&P MidCap Value with Momentum ETF
DFAT
Dimensional ETF Trust - Dimensional U.S. Targeted 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 toLSAT

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with LSAT using Composer

FAQ

LSAT is a US Equities ETF. The LeaderShares AlphaFactor Tactical Focused ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund ( ETF ) that employs an investment approach that utilizes a quantitative factor-based investment methodology focused on U.S. equities. The Adviser 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. The Fund expects the average daily trading volume of shares in companies being selected to be in excess of 400,000 shares per day at the time of purchase, however average daily trading volume may change due to market fluctuations. In addition, the Fund expects the market capitalization of the companies in which it invests to be $1 billion and greater, however this could change due to market fluctuations.

Yes, LSAT is actively 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.

No, LSAT is not passively managed. It is actively 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 LSAT is -0.0203%. This is the percent change in the value of LSAT over the most recent 1-month period. The 3-month return on LSAT is 0.0459%. This is the percent change in the value of LSAT over the most recent 3-month period.

The standard deviation of LSAT for the past year is 0.1539%. 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 LSAT include VIG, VYM, and DFAS.

ETFs correlated to LSAT include DFLV, BSVO, and EQTY.

ETFs that are inversely correlated to LSAT include TZA, RWM, 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.