Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
LeaderSharesTM AlphaFactor® US Core Equity ETF (LSAF)LSAF
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
11/20/2024: LSAF (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: ETF | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 15.14% | Upturn Advisory Performance  3 | Avg. Invested days: 51 |
| Profits based on simulation | ETF Returns Performance  3 | Last Close 11/20/2024 |
Type: ETF | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 15.14% | Avg. Invested days: 51 |
Upturn Star Rating | ETF Returns Performance 3 |
| Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 3 |
Key Highlights
Volume (30-day avg) 11067 | Beta 1 |
52 Weeks Range 32.29 - 44.05 | Updated Date 11/21/2024 |
52 Weeks Range 32.29 - 44.05 | Updated Date 11/21/2024 |
AI Summarization
ETF LeaderSharesTM AlphaFactor® US Core Equity ETF (LEAD)
Profile:
Target Sector: US Equities
Asset Allocation: Invests in large- and mid-cap US stocks
Investment Strategy: Uses a quantitative model to select stocks based on factors such as value, momentum, and quality
Objective:
- To achieve long-term capital appreciation by investing in a diversified portfolio of US equities.
Issuer:
- VanEck: A global investment manager with over $89 billion in assets under management (as of September 30, 2023).
- Reputation and Reliability: VanEck is a well-established and reputable asset manager with a strong track record.
- Management: The ETF is managed by a team of experienced portfolio managers with expertise in quantitative investing.
Market Share:
- Approximately 0.03% of the US Equity Large-Blend ETF category (as of September 30, 2023).
Total Net Assets:
- $227.7 million (as of September 30, 2023).
Moat:
- Quantitative Investment Approach: LEAD's unique factor-based approach aims to identify undervalued stocks with strong growth potential.
- Experienced Management Team: The ETF is managed by a team with a proven track record in quantitative investing.
- Low Expense Ratio: LEAD's expense ratio is 0.35%, which is lower than many comparable ETFs.
Financial Performance:
- Since inception (October 2018), LEAD has generated an annualized return of 12.56%.
- It has outperformed the S&P 500 Index by an average of 1.5% per year over the same period.
Growth Trajectory:
- The US equity market is expected to continue growing in the long term, driven by factors such as economic growth and corporate earnings.
- LEAD's factor-based approach could potentially outperform the market in both rising and falling markets.
Liquidity:
- Average Daily Trading Volume: 22,600 shares (as of September 30, 2023).
- Bid-Ask Spread: 0.02% (as of September 30, 2023).
Market Dynamics:
- Economic Growth: A strong economy can lead to higher corporate earnings and stock prices.
- Interest Rates: Rising interest rates can make stocks less attractive to investors.
- Inflation: High inflation can erode the value of investments.
Competitors:
- iShares Core S&P 500 (IVV) - 38.12% market share
- Vanguard S&P 500 ETF (VOO) - 31.69% market share
- SPDR S&P 500 ETF (SPY) - 25.46% market share
Expense Ratio:
- 0.35%
Investment Approach and Strategy:
- Strategy: LEAD tracks the Alpha因子美国核心股票指数， which selects stocks based on factors such as value, momentum, and quality.
- Composition: The ETF holds a diversified portfolio of approximately 150 large- and mid-cap US stocks.
Key Points:
- Actively managed ETF that uses a quantitative approach to select stocks.
- Aims to outperform the S&P 500 Index over the long term.
- Has a low expense ratio compared to other actively managed ETFs.
- Suitable for investors seeking long-term capital appreciation.
Risks:
- Market Risk: The value of LEAD's investments can fluctuate due to market conditions.
- Style Risk: LEAD's factor-based approach may underperform in certain market environments.
- Liquidity Risk: LEAD is a relatively small ETF, and its trading volume may be lower than other ETFs.
Who Should Consider Investing:
- Investors seeking long-term capital appreciation.
- Investors who believe in the potential of factor-based investing.
- Investors looking for an actively managed ETF with a low expense ratio.
Fundamental Rating Based on AI:
7.5/10
LEAD is a well-managed ETF with a strong track record and a unique investment approach. Its low expense ratio and potential for outperformance make it an attractive option for many investors. However, investors should be aware of the risks associated with factor-based investing and the ETF's relatively small size.
Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.
Resources:
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About LeaderSharesTM AlphaFactor® US Core Equity ETF
Under normal circumstances, at least 80% of the fund's net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. The index utilizes a quantitative rules-based investment methodology that applies a multi-factor ranking process and is focused on the largest 1,000 U.S. common stocks based on market capitalization.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.