LSAF
LeaderShares AlphaFactor US Core Equity ETF
📎 Investment Objective
The LeaderShares AlphaFactor US Core Equity ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the AlphaFactor US Core Equity Index.
Overview
ETF tracking LeaderShares AlphaFactor US Core Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The LeaderShares AlphaFactor US Core Equity ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the AlphaFactor US Core Equity Index.
🎯 Investment Strategy
The fund employs a passive management (or index-tracking) strategy designed to track the performance of the AlphaFactor US Core Equity Index. The index uses a quantitative model to select and weight U.S. large- and mid-cap stocks based on various factors intended to identify companies with the potential for above-average returns.
✨ Key Features
- Passively managed index-tracking ETF
- Focuses on U.S. large- and mid-cap stocks
- Uses a quantitative factor-based approach to stock selection and weighting
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's investments may decline due to general market conditions or other factors.
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory events affecting a particular sector.
- Tracking error risk: The fund may not perfectly track the underlying index.
- Limited performance history: The fund has a limited track record, making it difficult to evaluate its long-term performance.
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the U.S. large- and mid-cap equity market through a low-cost, factor-based investment strategy. It may be appropriate as a core holding in a diversified portfolio, but investors should be aware of the risks associated with the fund's limited performance history.