ERNZ vs. INFL ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Horizon Kinetics Inflation Beneficiaries ETF (INFL)

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

$24.78

Average Daily Volume

10,660

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.38

Average Daily Volume

169,632

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	INFL
30 Days	-0.66%	4.14%
60 Days	-0.51%	10.90%
90 Days	0.24%	12.31%
12 Months		36.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in INFL	Overlap
	SBR	B	0.27%	0.49%	0.27%

ERNZ Overweight 167 Positions Relative to INFL

Symbol	Grade	Weight
CLM	B	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	D	2.98%
TSLX	C	2.89%
WSO	A	2.69%
QYLD	B	2.44%
KRP	B	2.27%
KR	B	1.7%
NEP	F	1.54%
GOF	A	1.51%
ABR	C	1.36%
DHT	F	1.34%
CTRA	B	1.26%
NAT	F	1.16%
PSEC	D	1.16%
MUR	D	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	D	1.0%
GNL	F	1.0%
BKLN	A	0.97%
RC	D	0.93%
CWH	B	0.91%
FANG	C	0.91%
GILD	C	0.9%
DKS	D	0.87%
CLX	A	0.87%
XMHQ	B	0.86%
AOD	D	0.78%
SPTN	D	0.77%
TRGP	A	0.76%
TFLO	B	0.74%
ARES	A	0.73%
ECC	D	0.73%
AGNC	C	0.73%
DX	B	0.71%
ACP	C	0.61%
USFR	A	0.54%
LRCX	F	0.51%
DAC	C	0.51%
FRO	D	0.46%
GBIL	B	0.44%
VIRT	A	0.42%
PDI	D	0.4%
GFF	A	0.39%
BIL	A	0.39%
CCOI	B	0.39%
OVV	B	0.37%
GSBD	F	0.36%
DDS	B	0.32%
STLD	B	0.31%
FCT	A	0.3%
COST	A	0.29%
STNG	F	0.26%
GNK	D	0.26%
CNA	C	0.26%
PMT	C	0.25%
KREF	C	0.24%
ARCH	B	0.24%
LVHI	B	0.24%
NEAR	C	0.23%
PULS	A	0.22%
RA	C	0.21%
NMFC	D	0.21%
BTI	B	0.21%
BAH	F	0.2%
BIZD	B	0.2%
UNIT	B	0.2%
SCHO	C	0.2%
MPC	D	0.19%
WINA	C	0.18%
FLBL	A	0.18%
APAM	B	0.18%
CWEN	C	0.18%
SAH	C	0.18%
BXMT	C	0.18%
SRLN	A	0.18%
ALB	B	0.17%
COKE	C	0.17%
BRSP	C	0.17%
RAVI	A	0.17%
GOGL	F	0.16%
ARCC	A	0.16%
PAG	B	0.16%
VNLA	A	0.16%
DVN	F	0.15%
LYTS	B	0.15%
BGS	F	0.15%
VRIG	A	0.15%
ETD	C	0.15%
ICSH	A	0.15%
FLTR	A	0.15%
ROL	B	0.15%
GIS	D	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	D	0.12%
GFI	D	0.11%
CIVI	D	0.11%
HLI	A	0.11%
CVI	F	0.11%
USDU	A	0.11%
JMST	B	0.11%
FTSM	B	0.11%
SHY	D	0.11%
IPAR	B	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	C	0.1%
RYLD	A	0.1%
PCAR	B	0.1%
DEA	D	0.1%
UVV	B	0.09%
UTG	A	0.09%
EDV	F	0.09%
WMK	C	0.09%
KMB	C	0.09%
FLOT	A	0.09%
ZROZ	F	0.09%
JPST	A	0.09%
XYLD	A	0.09%
AGZD	A	0.08%
KOF	F	0.08%
K	A	0.08%
LGOV	D	0.08%
OLN	F	0.08%
SJNK	A	0.08%
ASC	F	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	D	0.07%
NGG	D	0.07%
CL	D	0.07%
RDY	F	0.06%
USA	B	0.06%
PG	C	0.06%
ARI	C	0.05%
PFLT	D	0.04%
IEF	F	0.04%

ERNZ Underweight 15 Positions Relative to INFL

Symbol	Grade	Weight
TPL	A	-9.35%
ICE	C	-4.32%
CACI	D	-3.57%
LNG	A	-3.06%
MMC	B	-2.82%
ADM	D	-2.34%
BG	D	-2.21%
WFG	C	-2.15%
DBRG	F	-1.7%
JOE	F	-1.19%
MSB	A	-0.98%
PBT	B	-0.94%
RPRX	D	-0.73%
DMLP	A	-0.54%
SJT	C	-0.41%