LeaderShares AlphaFactor Tactical Focused ETF (LSAT) is a tactical trend-following ETF. As of October 9, 2026, ETF Copilot scores LSAT 4.6 out of 10 — highest on Risk (8.4), lowest on Return (3.0). It trades at 11.8 times earnings, against its own median of 12.1. Its ten largest holdings are 35% of the fund.
What stands out in LSAT's data
U.S. equities screened for tactical trends and risk-aware growth.
Returns have lagged the typical tactical fund — a price for the defensive tilt built into the strategy.
A 13% three-year annualized return trails the 15% category median. The fund charges 0.99% in expenses.
A focused tactical tilt on U.S. stocks with a low-valuation edge — sharper downside protection than broad-market exposure.
Why did LSAT move this week? It rose 2.0% in the week to October 9, 2026 — Morningstar and Harley-Davidson drove it
LSAT rose 2.0% in the week to October 9, 2026. The holdings that moved it most were Morningstar (+11.4%), Harley-Davidson (+9.6%) and Fortinet (+7.6%); Allison Transmission (−6.9%) pushed the other way.
How is LSAT rated? ETF Copilot scores LeaderShares AlphaFactor Tactical Focused ETF (LSAT) 4.6 out of 10
As of October 9, 2026, ETF Copilot scores LeaderShares AlphaFactor Tactical Focused ETF (LSAT) 4.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.6 / 10
- Growth: 3.6 / 10
- Value: 5.5 / 10
- Risk: 8.4 / 10
- Quality: 3.6 / 10
- Return: 3.0 / 10
Is LSAT expensive right now? It trades at 11.8 times earnings, against its own median of 12.1
As of October 9, 2026, LSAT is cheaper than 56% of its own last 6 years.
Trailing 12 months, built from LSAT's holdings. How we calculate this →
What's inside LSAT? 17% Tech
What's inside LSAT: Size (Large 13%, Mid 73%, Small 14%); Geography (International 3%, US 97%); Tech 16.9%; AI 1.7%.
What are LSAT's top holdings? The ten largest are 35% of the fund
More concentrated than 93% of Tactical/Trend ETFs.
Half of LSAT's weight sits in its 15 largest positions, and once those weights are taken into account it behaves like 30 equally weighted holdings.
What is LSAT's expense ratio? 0.99% a year
As of October 9, 2026, LSAT charges 0.99% a year, yields 1.63% and holds $66M in assets across 30 positions.
| Measure | LSAT |
|---|---|
| Expense ratio | 0.99% |
| Dividend yield | 1.63% |
| Assets under management | $66M |
| Holdings | 30 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “LeaderShares AlphaFactor Tactical Focused ETF (LSAT) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/lsat
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