LSAT · LeaderShares AlphaFactor Tactical Focused ETF

Equity fundActively managed0.99% fee$64m on Jul 31, 2026First traded Oct 27, 2020SEC filings ↗

LSAT is actively managed and returned +13.6% over the past year.

+13.6%
Total return, 1 year
0.99%
Expense ratio
30
Holdings
−4.5%
Below its high
1.8%
12-month yield: cash paid, 1 year, on its starting price
$0.7373
Last payment (paid annual), ex-date Dec 17, 2025
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Points (pts) are percentage points.

WindowTotal returnS&P 500 (SPY)Gap to SPY
1M Sep 9 – Oct 9, 2026−1.1%+2.4%−3.5 pts
3M Jul 10 – Oct 9, 2026+1.4%+3.4%−2.0 pts
6M Apr 10 – Oct 9, 2026+12.1%+15.2%−3.0 pts
YTD Dec 31, 2025 – Oct 9, 2026+16.9%+15.1%+1.8 pts
1Y Oct 9, 2025 – Oct 9, 2026+13.6%+17.3%−3.7 pts
3Y Oct 10, 2023 – Oct 9, 2026+42.7%+85.8%−43.1 pts
Since launch Oct 27, 2020 – Oct 9, 2026+102.5%+149.7%−47.1 pts

Total return at closing prices, distributions reinvested. Every column is a total return. Year to date runs from the last close of the year before. Source: ETFIQ.

LSAT top ten by weight, 36.2% of the fund, of its 30 equity positions, from the holdings filed for Jul 31, 2026. Source: the fund’s SEC filing.

MORNINGSTAR INC 4.03%
SM ENERGY COMPANY 3.98%
H & R BLOCK INC 3.71%
CF INDUSTRIES HOLDINGS INC 3.69%
EQUITABLE HOLDINGS INC 3.52%
DAVITA INC 3.52%
FORTINET INC 3.45%
MGIC INVESTMENT CORP 3.44%
SCIENCE APPLICATIONS INTERNATIONAL CORP 3.44%
HALOZYME THERAPEUTICS INC 3.43%
Fund filings on SEC EDGAR ↗Check overlap with another fund →
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In plain words

What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. small-cap value
Expense ratio (485BPOS XBRL, Feb 27, 2026)0.99%
Price$45.42
First tradedOct 27, 2020
Net assets (SEC filing, whole fund, as filed for Jul 31, 2026)$64m
Benchmark (ETFIQ, from its filings)Its own holdings, as of Jul 31, 2026; its prospectus names no index it tracks
Below its high (ETFIQ)−4.5%
Holdings30
Top ten weight36.2%
Holdings as of (SEC N-PORT)Jul 31, 2026
Already in the S&P 500, by weight (ETFIQ)29.2%
Active share vs the S&P 500 (ETFIQ)99.6%
Already in the Nasdaq-100, by weight (ETFIQ)3.5%

Questions people ask about LSAT

How has LSAT performed?
Over the year to Oct 9, 2026, LSAT returned +13.6% with distributions reinvested, against +17.3% for the S&P 500. Over three years the figure is +42.7%.
What does LSAT cost?
The prospectus expense ratio is 0.99% a year.
What does LSAT hold?
30 positions as filed for Jul 31, 2026, with the top ten at 36.2% of the fund. 29% of its weight is in stocks the S&P 500 also holds.
How far is LSAT below its high?
4.5% below its high of Aug 24, 2026, measured on the reinvested series to Oct 9, 2026.
Sources and dates
Prices, LSAT and S&P 500 (SPY)Tiingo end-of-day · Oct 9, 2026
Fee, 0.99%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $64mSEC filing, whole fund · Jul 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
All fund filingsFund filings on SEC EDGAR ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
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ETFIQ, LSAT, stock fund, data as of Oct 9, 2026. https://etfiq.com/funds/lsat

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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