LeaderShares AlphaFactor Tactical Focused ETFLL

LeaderShares AlphaFactor Tactical Focused ETF

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Key stats


Assets under management (AUM)
‪98.85 M‬USD
Fund flows (1Y)
‪−52.17 M‬USD
Dividend yield (indicated)
1.33%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪2.50 M‬
Expense ratio
0.99%

About LeaderShares AlphaFactor Tactical Focused ETF


Issuer
Redwood Investment Holdco LLC
Brand
LeaderShares
Inception date
Oct 27, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash98.38%
Rights & Warrants1.49%
Mutual fund0.13%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
98.38%
O
OPTIONS
1.49%
G
Goldman Sachs Trust Financial Square Government Fund Administration
0.13%
Top 10 weight100.00%
3 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LSAT trades at 39.50 USD today, its price has risen 0.03% in the past 24 hours. Track more dynamics on LSAT price chart.
LSAT net asset value is 39.52 today — it's risen 0.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LSAT assets under management is ‪98.85 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LSAT price has risen by 0.39% over the last month, and its yearly performance shows a 5.68% increase. See more dynamics on LSAT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.46% over the last month, showed a 2.44% increase in three-month performance and has increased by 6.81% in a year.
LSAT fund flows account for ‪−52.17 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LSAT invests in cash. See more details in our Analysis section.
LSAT expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LSAT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LSAT technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LSAT shows the buy signal. See more of LSAT technicals for a more comprehensive analysis.
Yes, LSAT pays dividends to its holders with the dividend yield of 1.33%.
LSAT trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LSAT shares are issued by Redwood Investment Holdco LLC
LSAT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 27, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.