---
ticker: "LSAT"
name: "LeaderShares AlphaFactor Tactical Focused ETF"
url: "https://etf.net/etf/LSAT"
grade: "D"
score: 39
graded_at: "2026-10-12"
category: "Global Active Equity"
category_rank: "28 of 44"
methodology: "https://etf.net/methodology"
---

# LSAT: LeaderShares AlphaFactor Tactical Focused ETF

Grade **D**, Score 39 of 100. Rank 28 of 44 in Global Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 14 | 37 of 44 |
| Mission | Not scored | — |
| Risk | 51 | 25 of 42 |
| Tradability | 59 | 16 of 44 |
| Holdings | 56 | 19 of 44 |
| Durability | 63 | 18 of 44 |

## Top holdings

The fund holds 34 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GDDY | Godaddy Inc-A | 3.54% |
| 2 | HOG | Harley-Davidson | 3.52% |
| 3 | SM | Sm Energy Co | 3.50% |
| 4 | — | Fortinet Inc | 3.50% |
| 5 | MORN | Morningstar Inc | 3.49% |
| 6 | — | H&R Block Inc | 3.48% |
| 7 | KMPR | Kemper Corp | 3.44% |
| 8 | CHDN | Churchill Downs | 3.40% |
| 9 | APG | Api Group Corp | 3.38% |
| 10 | SAIC | Science Applicat | 3.34% |
| 11 | FTV | Fortive Corp | 3.34% |
| 12 | — | American Interna | 3.34% |
| 13 | POST | Post Holdings In | 3.32% |
| 14 | SUI | Sun Communities | 3.32% |
| 15 | BYD | Boyd Gaming Corp | 3.30% |
| 16 | WU | Western Union | 3.30% |
| 17 | MTCH | Match Group Inc | 3.29% |
| 18 | SYF | Synchrony Financ | 3.28% |
| 19 | — | Equitable Holdin | 3.27% |
| 20 | DVA | Davita Inc | 3.25% |
| 21 | MTG | Mgic Invt Corp | 3.24% |
| 22 | LUV | Southwest Air | 3.22% |
| 23 | HALO | Halozyme Therape | 3.19% |
| 24 | CSL | Carlisle Cos Inc | 3.18% |
| 25 | IRDM | Iridium Communic | 3.18% |
| 26 | TOL | Toll Brothers | 3.18% |
| 27 | FERG | Ferguson Enterpr | 3.17% |
| 28 | ALSN | Allison Transmis | 3.15% |
| 29 | DHI | Dr Horton Inc | 3.15% |
| 30 | CF | Cf Industries Ho | 3.08% |

Source: etf.net, https://etf.net/etf/LSAT. Please cite the page URL.