ERNZ vs. BNDC ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to FlexShares Core Select Bond Fund (BNDC)

ERNZ

TrueShares Active Yield ETF

ERNZ Description

The fund is an actively-managed ETF that seeks to deliver above-average yield relative to the broader market by purchasing a portfolio of 50 to 150 income generating securities. In pursuing its investment objective the fund also employs a secondary focus on capital preservation and the opportunity for long term growth of capital by seeking lower relative volatility compared to the broader market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.72

Average Daily Volume

10,951

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

BNDC

FlexShares Core Select Bond Fund

BNDC Description

The investment seeks total return and preservation of capital. The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.

Grade (RS Rating)

Last Trade

$21.99

Average Daily Volume

23,574

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	BNDC
30 Days	-2.27%	-1.51%
60 Days	-0.75%	-3.50%
90 Days	0.83%	-2.61%
12 Months		5.05%

3 Overlapping Holdings

Symbol	Grade	Weight in ERNZ	Weight in BNDC	Overlap
IEF	D	0.04%	5.68%	0.04%
RAVI	A	0.17%	4.72%	0.17%
SHY	C	0.11%	3.37%	0.11%

ERNZ Overweight 165 Positions Relative to BNDC

Symbol	Grade	Weight
CLM	A	3.79%
TCPC	C	3.51%
FSK	A	3.48%
OXLC	B	3.31%
INSW	F	3.07%
BCC	B	3.05%
CRF	B	2.98%
GBDC	B	2.98%
TSLX	C	2.89%
WSO	A	2.69%
QYLD	C	2.44%
KRP	B	2.27%
KR	B	1.7%
NEP	F	1.54%
GOF	A	1.51%
ABR	B	1.36%
DHT	D	1.34%
CTRA	B	1.26%
NAT	F	1.16%
PSEC	D	1.16%
MUR	F	1.13%
CAH	B	1.12%
HTGC	D	1.11%
ABBV	F	1.08%
FDUS	A	1.05%
HRZN	F	1.03%
SHV	A	1.01%
AVGO	C	1.0%
GNL	D	1.0%
BKLN	A	0.97%
RC	D	0.93%
CWH	C	0.91%
FANG	D	0.91%
GILD	B	0.9%
DKS	D	0.87%
CLX	A	0.87%
XMHQ	B	0.86%
AOD	D	0.78%
SPTN	F	0.77%
TRGP	A	0.76%
TFLO	A	0.74%
ARES	A	0.73%
ECC	D	0.73%
AGNC	C	0.73%
DX	A	0.71%
ACP	A	0.61%
USFR	A	0.54%
LRCX	F	0.51%
DAC	B	0.51%
FRO	D	0.46%
GBIL	A	0.44%
VIRT	A	0.42%
PDI	D	0.4%
GFF	B	0.39%
BIL	A	0.39%
CCOI	B	0.39%
OVV	C	0.37%
GSBD	F	0.36%
DDS	B	0.32%
STLD	B	0.31%
FCT	A	0.3%
COST	A	0.29%
SBR	B	0.27%
STNG	D	0.26%
GNK	D	0.26%
CNA	C	0.26%
PMT	D	0.25%
KREF	D	0.24%
ARCH	B	0.24%
LVHI	A	0.24%
NEAR	C	0.23%
PULS	A	0.22%
RA	C	0.21%
NMFC	D	0.21%
BTI	C	0.21%
BAH	D	0.2%
BIZD	A	0.2%
UNIT	B	0.2%
SCHO	C	0.2%
MPC	D	0.19%
WINA	B	0.18%
FLBL	A	0.18%
APAM	B	0.18%
CWEN	C	0.18%
SAH	B	0.18%
BXMT	C	0.18%
SRLN	A	0.18%
ALB	B	0.17%
COKE	C	0.17%
BRSP	C	0.17%
GOGL	C	0.16%
ARCC	A	0.16%
PAG	B	0.16%
VNLA	A	0.16%
DVN	F	0.15%
LYTS	A	0.15%
BGS	F	0.15%
VRIG	A	0.15%
ETD	D	0.15%
ICSH	A	0.15%
FLTR	A	0.15%
ROL	B	0.15%
GIS	F	0.15%
MINT	A	0.14%
TSCO	D	0.14%
FLRN	A	0.13%
FTSL	A	0.13%
NEM	D	0.13%
HYGV	A	0.12%
PBI	B	0.12%
MPW	F	0.12%
JCPB	D	0.12%
MO	A	0.12%
OHI	C	0.12%
GOVT	C	0.12%
GFI	D	0.11%
CIVI	D	0.11%
HLI	B	0.11%
CVI	D	0.11%
USDU	A	0.11%
JMST	A	0.11%
FTSM	A	0.11%
IPAR	C	0.11%
HRB	D	0.11%
AMRK	F	0.11%
HSY	F	0.1%
FHI	B	0.1%
VGLT	D	0.1%
SQM	D	0.1%
PNNT	B	0.1%
RYLD	B	0.1%
PCAR	B	0.1%
DEA	D	0.1%
UVV	B	0.09%
UTG	A	0.09%
EDV	D	0.09%
WMK	B	0.09%
KMB	C	0.09%
FLOT	A	0.09%
ZROZ	D	0.09%
JPST	A	0.09%
XYLD	A	0.09%
AGZD	A	0.08%
KOF	F	0.08%
K	B	0.08%
LGOV	C	0.08%
OLN	F	0.08%
SJNK	A	0.08%
ASC	D	0.08%
PFE	F	0.08%
LADR	B	0.08%
CPB	D	0.08%
PEP	F	0.08%
MAIN	A	0.08%
PTEN	C	0.08%
JMBS	D	0.07%
AGZ	C	0.07%
IIPR	F	0.07%
NGG	D	0.07%
CL	D	0.07%
RDY	D	0.06%
USA	A	0.06%
PG	C	0.06%
ARI	C	0.05%
PFLT	D	0.04%

ERNZ Underweight 6 Positions Relative to BNDC

Symbol	Grade	Weight
MBB	D	-24.3%
MBSD	C	-12.49%
IEI	D	-11.93%
SKOR	C	-9.44%
TDTT	C	-2.04%
LKOR	D	-0.5%

BNDC: Top Represented Industries & Keywords

Industries: