LeaderSharesTM AlphaFactor® US Core Equity ETF (LSAF)

Overview

The LeaderSharesTM AlphaFactoru00ae US Core Equity ETF (LSAF) seeks to provide investment results that closely correspond, before fees and expenses, to the AlphaFactoru00ae US Core Equity Index. The fund employs a quantitative approach to select and weight securities, aiming for long-term capital appreciation by investing in U.S. equities.

Reputation and Reliability

LeaderShares is a relatively newer player in the ETF market, striving to establish its reputation for offering quantitatively-driven investment solutions.

Management Expertise

The management team employs a systematic, rules-based approach, leveraging its expertise in factor-based investing.

Goal

The primary investment goal of LSAF is to achieve long-term capital appreciation by investing in U.S. equities.

Investment Approach and Strategy

Strategy: LSAF aims to track the AlphaFactoru00ae US Core Equity Index. This index uses a quantitative, rules-based methodology to select and weight U.S. equities based on factors like value, momentum, and quality.

Composition The ETF primarily holds U.S. equities, diversified across various sectors and market capitalizations.

Market Share: LSAF's market share in the U.S. core equity ETF sector is relatively small compared to the larger, established players.

Total Net Assets (AUM): 16722530

Key Competitors

• IVV
• SPY
• VTI

Competitive Landscape

The U.S. core equity ETF market is highly competitive, dominated by large, low-cost index funds. LSAF differentiates itself through its unique AlphaFactoru00ae index methodology, which may appeal to investors seeking factor-based strategies. However, it faces the challenge of competing with the brand recognition and low expense ratios of its larger competitors.

Historical Performance: Historical performance data should be obtained from reliable financial data sources to analyze the ETFu2019s track record over various time periods (e.g., 1 year, 3 years, 5 years, 10 years).

Benchmark Comparison: The ETF's performance should be compared against benchmarks like the S&P 500 or a similar broad market index to evaluate its effectiveness.

Expense Ratio: 0.29

Average Trading Volume

LSAF's average trading volume can be sourced from finance sites and might be lower compared to larger, more established ETFs, depending on market interest and time frame.

Bid-Ask Spread

LSAF's bid-ask spread, which influences the cost of trading, should be checked from sources like NYSEArca, and will vary based on factors like market conditions and trading volumes.

Market Environment Factors

Economic indicators, sector growth prospects, and overall market sentiment influence LSAF's performance, particularly as the ETF's factor tilts affect its exposure to specific sectors and market segments.

Growth Trajectory

The growth trajectory of LSAF depends on its ability to attract investors seeking factor-based strategies and its performance relative to its benchmark. Any changes to the fund's strategy or holdings should be monitored for their potential impact on its performance.

Competitive Edge

LSAF's competitive advantage lies in its unique AlphaFactoru00ae index methodology, which aims to outperform traditional market-cap weighted indexes by selecting and weighting stocks based on factors like value, momentum, and quality. This factor-based approach may appeal to investors seeking enhanced returns. However, its smaller size and relatively higher expense ratio compared to larger competitors present challenges. Success depends on the consistent outperformance of its factor-based strategy.

Volatility

Assess LSAF's historical volatility using metrics such as standard deviation or beta, comparing it to its benchmark and peers.

Market Risk

Specific risks associated with LSAF's underlying assets include the risk of underperforming its benchmark, factor-specific risks (if the chosen factors underperform), and general market risks affecting equity investments.

Ideal Investor Profile

The ideal investor for LSAF is someone who understands and believes in factor-based investing, is comfortable with potential deviations from traditional market-cap weighted indexes, and has a long-term investment horizon.

Market Risk

LSAF is best suited for long-term investors who seek potential outperformance through factor-based strategies. It may not be suitable for active traders or passive index followers who prefer low-cost, broad market exposure.

The LeaderSharesTM AlphaFactoru00ae US Core Equity ETF (LSAF) offers a factor-based approach to investing in U.S. equities, targeting long-term capital appreciation through its AlphaFactoru00ae index methodology. While it differentiates itself with its unique strategy, it faces stiff competition from larger, low-cost index funds. Investors should carefully consider its expense ratio and factor-based approach before investing. LSAF is ideal for those who understand factor investing and seek potential outperformance.

Data Sources:

• LeaderShares Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market data and performance are subject to change.