ERNZ vs. EELV ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV)

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

$24.19

Average Daily Volume

10,240

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

EELV

PowerShares S&P Emerging Markets Low Volatility Portfolio

EELV Description

The PowerShares S&P Emerging Markets Low Volatility Portfolio (Fund) is based on the S&P BMI Emerging Markets Low Volatility Index ND (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poorâs and consists of the 200 least volatile stocks of the S&P Emerging BMI Plus LargeMid Cap Index over the past 12 months. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$24.98

Average Daily Volume

56,339

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	EELV
30 Days	-3.72%	-3.25%
60 Days	-1.99%	-0.14%
90 Days	-1.24%	4.27%
12 Months		15.78%

2 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in EELV	Overlap
	DAC	D	1.01%	0.44%	0.44%
	RDY	D	0.09%	0.47%	0.09%

ERNZ Overweight 156 Positions Relative to EELV

Symbol	Grade	Weight
CLM	A	3.22%
ABR	B	3.14%
GOF	A	3.09%
NAT	F	2.75%
INSW	F	2.71%
DHT	F	2.71%
HTGC	C	2.63%
PSEC	D	2.6%
GNL	D	2.5%
CRF	A	2.36%
TSLX	D	2.15%
ECC	A	1.97%
RC	F	1.85%
OXLC	A	1.83%
XMHQ	D	1.82%
DX	C	1.57%
NEP	F	1.56%
PDI	A	1.53%
QYLD	A	1.45%
FSK	B	1.33%
KRP	B	1.32%
AGNC	D	1.22%
BCC	D	1.17%
DKS	F	1.11%
CWH	F	1.04%
FRO	F	0.94%
USFR	A	0.82%
GSBD	F	0.79%
CCOI	B	0.69%
KR	A	0.69%
ABBV	A	0.67%
GFF	F	0.67%
GBDC	C	0.63%
FCT	A	0.62%
TFLO	A	0.61%
GILD	A	0.59%
STNG	F	0.56%
CNA	D	0.56%
SBR	D	0.55%
GBIL	A	0.54%
PMT	D	0.53%
SHV	A	0.53%
WSO	D	0.53%
BKLN	A	0.52%
KREF	D	0.5%
ARES	B	0.49%
LVHI	A	0.49%
GNK	D	0.45%
PULS	A	0.44%
BIL	A	0.44%
BTI	C	0.42%
UNIT	C	0.42%
RA	A	0.42%
SCHO	C	0.4%
ARCH	B	0.4%
BIZD	C	0.39%
BXMT	C	0.39%
NEM	D	0.37%
SRLN	A	0.37%
BGS	C	0.37%
CWEN	C	0.35%
FLBL	A	0.35%
COKE	D	0.35%
DDS	C	0.33%
NEAR	C	0.33%
GIS	D	0.32%
SAH	C	0.3%
ICSH	A	0.29%
PAG	F	0.29%
FLTR	A	0.29%
ARCC	B	0.29%
ALB	C	0.29%
APAM	A	0.29%
CTRA	F	0.29%
VRIG	A	0.28%
COST	D	0.28%
MINT	A	0.28%
ETD	F	0.28%
TRGP	A	0.27%
TSCO	D	0.27%
DVN	F	0.27%
WINA	A	0.27%
AMRK	D	0.27%
BAH	A	0.27%
VNLA	A	0.26%
OVV	F	0.26%
BRSP	C	0.26%
GFI	B	0.25%
CVI	F	0.25%
MPW	D	0.24%
FTSL	A	0.24%
FLRN	A	0.24%
OHI	B	0.24%
GOGL	F	0.24%
JCPB	C	0.22%
FANG	F	0.22%
CAH	B	0.22%
PBI	A	0.21%
JMST	A	0.2%
HYGV	C	0.2%
FTSM	A	0.2%
DEA	C	0.2%
LYTS	A	0.2%
ACP	A	0.19%
SHY	C	0.19%
CLX	B	0.19%
IPAR	D	0.18%
MUR	F	0.18%
MO	A	0.18%
USDU	A	0.18%
SQM	D	0.18%
ASC	F	0.16%
IIPR	C	0.16%
RYLD	A	0.16%
PCAR	C	0.16%
HSY	F	0.16%
PNNT	C	0.15%
GOVT	C	0.15%
JPST	B	0.15%
XYLD	C	0.15%
ZROZ	F	0.15%
VIRT	A	0.14%
FHI	A	0.14%
EDV	F	0.14%
PFE	D	0.14%
KMB	D	0.14%
HLI	A	0.14%
VGLT	D	0.14%
FLOT	A	0.14%
OLN	F	0.13%
KOF	F	0.13%
CPB	D	0.13%
UTG	B	0.13%
CIVI	F	0.13%
AGZD	A	0.12%
PTEN	F	0.12%
LGOV	D	0.12%
SJNK	A	0.12%
MAIN	B	0.12%
CL	F	0.12%
UVV	C	0.12%
NGG	D	0.12%
PEP	D	0.11%
K	A	0.11%
PG	D	0.11%
WMK	D	0.11%
AGZ	C	0.11%
LADR	B	0.11%
HRB	D	0.1%
MPC	F	0.09%
JMBS	D	0.09%
USA	B	0.08%
RAVI	A	0.05%
ARI	F	0.05%
PFLT	C	0.04%
IEF	D	0.04%

ERNZ Underweight 6 Positions Relative to EELV

Symbol	Grade	Weight
CHT	D	-0.89%
BCH	D	-0.51%
ABEV	F	-0.47%
VALE	F	-0.45%
IBN	A	-0.45%
INFY	D	-0.4%