Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF (LSAT)

Overview

The Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF (AlphaFactor ETF) is an actively managed ETF that seeks to provide capital appreciation. It focuses on identifying and investing in companies exhibiting characteristics of Alpha factors, which are believed to drive outperformance. The strategy involves tactical allocation across various sectors and market capitalizations.

Reputation and Reliability

LeaderShares is a relatively new entrant in the ETF space, focusing on innovative and actively managed strategies. As a newer issuer, its long-term reputation and track record are still developing compared to more established firms.

Management Expertise

The ETF is managed by LeaderShares, which emphasizes a research-driven approach to identify factors that can generate alpha. Specific details on the individual portfolio managers' experience are often found in the fund's prospectus.

Goal

The primary investment goal of the ETF Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF is to achieve long-term capital appreciation.

Investment Approach and Strategy

Strategy: This ETF is actively managed and does not aim to track a specific index. Instead, it employs a tactical allocation strategy based on quantitative AlphaFactor signals.

Composition The ETF primarily holds a diversified portfolio of U.S. equities across various market capitalizations and sectors. The specific composition is subject to change based on the AlphaFactor signals and tactical adjustments by the portfolio managers.

Market Share: Information on the specific market share of the Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF within its niche is not readily available or statistically significant enough to be a primary market indicator for niche ETFs.

Total Net Assets (AUM):

Key Competitors

• iShares MSCI USA Value Factor ETF (VLUE)
• Fidelity MSCI Quality Factor ETF (FQLT)
• Vanguard U.S. Momentum Factor ETF (VFMO)

Competitive Landscape

The competitive landscape for factor-based ETFs is robust and growing, with many large asset managers offering a wide array of products. The Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF competes by offering an actively managed, tactical approach to factor investing, which may appeal to investors seeking dynamic strategies. However, its smaller AUM and newer issuer status compared to giants like iShares, Fidelity, and Vanguard can be a disadvantage in terms of liquidity and investor recognition.

Historical Performance: Historical performance data for the Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF should be reviewed on financial data platforms, as it is subject to market fluctuations and the effectiveness of its active management strategy. Past performance is not indicative of future results.

Benchmark Comparison: As an actively managed ETF, it does not strictly track a benchmark. Its performance is measured against its ability to generate alpha and outperform broader market indices or its actively managed peers.

Expense Ratio:

Average Trading Volume

The average trading volume for the Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF is typically lower than more established ETFs, which can impact its liquidity.

Bid-Ask Spread

The bid-ask spread for this ETF might be wider than highly liquid ETFs, potentially increasing trading costs for investors, especially for larger transactions.

Market Environment Factors

The ETF is influenced by overall market sentiment, economic growth prospects, interest rate policies, and sector-specific trends. Its tactical allocation strategy aims to adapt to changing market conditions.

Growth Trajectory

The growth trajectory of this ETF is dependent on the success of its AlphaFactor strategy, investor adoption of actively managed factor ETFs, and the overall performance of the underlying equity markets.

Competitive Edge

The ETF's competitive edge lies in its actively managed, tactical approach to factor investing, aiming to dynamically adjust its holdings based on quantitative signals. This contrasts with passively managed factor ETFs and may appeal to investors seeking a more responsive strategy. Its focus on specific AlphaFactor characteristics aims to identify unique opportunities for alpha generation.

Volatility

The historical volatility of the Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF will be influenced by the volatility of its underlying equity holdings and the effectiveness of its tactical management.

Market Risk

Market risk is a primary concern, as the ETF's performance is directly tied to the fluctuations of the equity markets. Specific sector or company concentration risks may also arise depending on the tactical allocations made by the fund managers.

Ideal Investor Profile

The ideal investor for this ETF is one who understands active management, factor investing, and is seeking potential alpha generation beyond traditional index tracking. They should have a moderate to high risk tolerance and a long-term investment horizon.

Market Risk

This ETF is likely more suitable for active traders or investors who believe in the efficacy of quantitative factor analysis and are willing to accept the risks associated with active management and tactical shifts.

The Two Roads Shared Trust - LeaderShares AlphaFactor Tactical Focused ETF is an actively managed product aiming for capital appreciation by investing in companies with AlphaFactor characteristics. It employs a tactical allocation strategy to adapt to market conditions. While its active approach offers potential for alpha, it comes with higher fees and liquidity considerations compared to passive ETFs. Investors should carefully consider the fund's strategy, risks, and their own investment objectives.

Data Sources:

• ETF Provider Websites (LeaderShares)
• Financial Data Aggregators (e.g., ETF.com, Morningstar, Seeking Alpha)
• SEC Filings (Prospectus)

Disclaimers:

This information is for informational purposes only and should not be considered investment advice. Data accuracy and completeness are subject to the availability and reliability of the sources. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.