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- Upturn Summary
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Upturn AI Summary
LeaderSharesTM AlphaFactor® US Core Equity ETF(LSAF)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LSAF
10/28/2026: LSAF (2-star) has a low Upturn Star Rating. Not recommended to BUY.
LSAF is an actively managed US equity ETF that uses a proprietary AlphaFactor model to select stocks based on value, momentum, and quality. Its primary strength lies in its systematic approach to avoiding market-cap biases, offering investors a tool to potentially outperform standard indices. It is best used as a core or satellite holding for investors comfortable with active management. However, it faces risks related to factor underperformance, higher expense ratios, and lower liquidity compared to massive passive funds. It is most suitable for long-term investors seeking factor-driven returns and should be monitored for the consistency of its model-based signals.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While LSAF seeks outperformance, its factor tilt may underperform pure-play growth funds in strong bull markets. |
| Momentum investor | Strong fit while signal remains positive | The fund's inclusion of momentum factors makes it a suitable choice for investors when that specific signal is strong. |
| Value investor | Strong fit | LSAF's systematic integration of value factors aligns well with the objectives of value-oriented investors. |
| Dividend/Income investor | Mixed fit | The fund focuses on total return through factor selection rather than a specific mandate for high dividend yield. |
| Low-risk investor | Weak fit | As an active equity fund, it carries the volatility and market risk associated with the broader stock market. |
Investor Profile
Ideal Investor Profile
The ideal investor for LSAF is one who understands factor investing and seeks a systematic, active approach to potential outperformance within their US core equity allocation.
Suitability
LSAF is best suited for long-term investors looking to diversify away from purely market-cap-weighted indices while maintaining a core equity footprint.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | The fund's active factor tilts can lead to performance variance relative to the broader market index. |
| Market risk | High | LSAF is fully exposed to systematic market risks that affect all US equity securities. |
| Concentration | Medium | The strategy may occasionally overweight specific sectors or styles based on model outputs. |
| Tracking/expense | Medium | Active management entails higher expense ratios and the risk of diverging significantly from passive benchmarks. |
| Liquidity | Medium | Lower average daily volume compared to major benchmarks can result in wider bid-ask spreads for larger trades. |
| Business/sector quality | Medium | The fund's reliance on factor-based selection means its performance is contingent on the efficacy of those specific criteria. |
Risk Analysis
Volatility
LSAF exhibits volatility consistent with mid-to-large-cap US equities, with the potential for deviation caused by its active factor tilts.
Market Risk
The fund is subject to systematic equity risk, meaning it is highly sensitive to the general health of the US economy and stock market conditions.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Large-Cap Equities | 85 | The majority of the portfolio is invested in established, large-cap US companies that drive the core market performance. |
| Market capitalization | US Mid-Cap Equities | 12 | Exposure to mid-sized companies provides potential for additional growth and diversification beyond the largest market players. |
| Cash/collateral | Cash and Cash Equivalents | 3 | A small cash position is maintained for liquidity needs and to facilitate portfolio rebalancing operations. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 28.71% | Avg. Invested days 68 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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