LSAF vs SPY

ALSAF

BSPY

Measures won3–3level · of 6 · 5Y

$10,000 · 5Y$17,560LSAF · IVV $17,545

Lowest cost0.03%IVV · $3 on $10k

Most income1.11%IVV · $111 on $10k

Smallest drop−6.6%LSAF · worst fall in 1Y

Held in common4.0%LSAF and SPY

LSAF

SPY

LeaderSharesTM AlphaFactor US Core Equity ETF · $132MState Street SPDR S&P 500 ETF · $778B

+23.3%3 years · per year$18,757 · $18,118+21.9%

+11.9%5 years · per year$17,560 · $17,493+11.8%

0.75%Expense ratio$75 · $9 on $10k · lower wins0.09%

0.53%12-mo yield$53 · $101 on $10k1.01%

−6.6%Worst dropSmaller wins−8.9%

14.6%VolatilityLower wins13.7%

3–3Level

$10,000 · 5 yearsAll three, one scale

Shared top holdingsLSAF · SPY

1.0%DIS0.3%

0.8%C0.3%

1.0%COP0.3%

1.0%NEM0.2%

Held in common4.0%

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	ALSAF	LeaderSharesTM AlphaFactor US Core Equity ETFRead Desk	0.75%	0.53%	+1.9%	+28.2%	+32.7%	+23.3%	+11.9%	−6.6%	$132M
2	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.11%	+2.4%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$852.9B
3	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	ALSAF	LeaderSharesTM AlphaFactor US Core Equity ETFRead Desk	0.75%	0.53%	+1.9%	+28.2%	+32.7%	+23.3%	+11.9%	−6.6%	$132M
2	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.11%	+2.4%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$852.9B
3	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

LSAF vs SPY

LSAF

LeaderSharesTM AlphaFactor US Core Equity

$17,560

SPY

SPDR S&P 500

$17,493

MeasureLSAFSPY

Fee0.75%0.09%

Cost on $10k a year$75$9

Yield0.53%1.01%

5 years, per year+11.9%+11.8%

3 years, per year+23.3%+21.9%

Worst drop · 1Y−6.6%−8.9%

Volatility · 1Y14.6%13.7%

3–3measures won
level

4.0%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

VOO vs IVV

YTD

VanguardVOO

+11.3%

IVViShares

+11.3%

+11.3%Year to date+11.3%

1.1%Yield1.1%

$1.00TAssets$853B

0–0level

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

Overlap: LSAF, SPY, IVV

Today

99.9%most shared, SPY and IVV

LSAFSPYIVV

LSAF—4.0%4.0%

SPY4.0%—99.9%

IVV4.0%99.9%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$108most kept, IVV

IVV$111 − $3 = $108

SPY$101 − $9 = $92

LSAF$53 − $75 = −$22

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee