Key stats
About LeaderShares AlphaFactor Tactical Focused ETF
Home page
Inception date
Oct 27, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Redwood Investment Management LLC (California)
Distributor
Northern Lights Distributors LLC
LSAT focuses on US stocks to generate long-term capital growth by screening for net share count reduction, free cash flow growth, dividend yield, volatility, and debt/asset ratios. The portfolio selection uses factors such as liquidity and market capitalization to select the final constituents. The fund typically invests in a diversified portfolio of equity securities, such as equity options and may utilize derivatives like total return swap agreements. LSAT also employs a multi-factor tactical risk management overlay that identifies periods of above average risk to shift into money market instruments, like T-bills, certificates of deposit, commercial paper and US government bond funds.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Services
Energy Minerals
Stocks97.89%
Finance23.07%
Consumer Services19.41%
Energy Minerals10.25%
Technology Services9.70%
Health Services6.63%
Distribution Services6.52%
Consumer Non-Durables6.41%
Consumer Durables6.24%
Process Industries3.48%
Health Technology3.24%
Commercial Services2.93%
Bonds, Cash & Other2.11%
Rights & Warrants1.66%
Cash0.32%
Mutual fund0.13%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LSAT invests in stocks. The fund's major sectors are Finance, with 23.07% stocks, and Consumer Services, with 19.41% of the basket. The assets are mostly located in the North America region.
LSAT top holdings are HF Sinclair Corporation and CF Industries Holdings, Inc., occupying 3.54% and 3.48% of the portfolio correspondingly.
LSAT last dividends amounted to 0.52 USD. The year before, the issuer paid 0.64 USD in dividends, which shows a 21.49% decrease.
LSAT assets under management is 98.05 M USD. It's fallen 4.36% over the last month.
LSAT fund flows account for −51.23 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LSAT pays dividends to its holders with the dividend yield of 1.34%. The last dividend (Dec 26, 2024) amounted to 0.52 USD. The dividends are paid annually.
LSAT shares are issued by Redwood Investment Holdco LLC under the brand LeaderShares. The ETF was launched on Oct 27, 2020, and its management style is Active.
LSAT expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
LSAT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LSAT invests in stocks.
LSAT price has fallen by −3.14% over the last month, and its yearly performance shows a 3.71% increase. See more dynamics on LSAT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.74% over the last month, have fallen by −3.74% over the last month, showed a −1.44% decrease in three-month performance and has increased by 5.48% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −3.74% over the last month, have fallen by −3.74% over the last month, showed a −1.44% decrease in three-month performance and has increased by 5.48% in a year.