ERNZ vs. NORW ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Global X FTSE Norway 30 ETF (NORW)

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

$25.03

Average Daily Volume

11,875

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

NORW

Global X FTSE Norway 30 ETF

NORW Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Norway 30 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The index is designed to reflect broad based equity market performance in Norway. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.48

Average Daily Volume

5,274

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	NORW
30 Days	1.89%	1.38%
60 Days	0.06%	-1.68%
90 Days	1.25%	-3.15%
12 Months		10.71%

2 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in NORW	Overlap
	FRO	F	0.46%	1.78%	0.46%
	GOGL	F	0.16%	0.99%	0.16%

ERNZ Overweight 166 Positions Relative to NORW

Symbol	Grade	Weight
CLM	A	3.79%
TCPC	C	3.51%
FSK	A	3.48%
OXLC	C	3.31%
INSW	F	3.07%
BCC	B	3.05%
CRF	B	2.98%
GBDC	C	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	D	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	D	0.91%
GILD	C	0.9%
DKS	C	0.87%
CLX	B	0.87%
XMHQ	B	0.86%
AOD	D	0.78%
SPTN	D	0.77%
TRGP	B	0.76%
TFLO	B	0.74%
ARES	A	0.73%
ECC	D	0.73%
AGNC	D	0.73%
DX	B	0.71%
ACP	C	0.61%
USFR	A	0.54%
LRCX	F	0.51%
DAC	B	0.51%
GBIL	B	0.44%
VIRT	B	0.42%
PDI	C	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	B	0.29%
SBR	B	0.27%
STNG	F	0.26%
GNK	D	0.26%
CNA	B	0.26%
PMT	D	0.25%
KREF	D	0.24%
ARCH	B	0.24%
LVHI	B	0.24%
NEAR	C	0.23%
PULS	A	0.22%
RA	B	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	B	0.18%
FLBL	A	0.18%
APAM	B	0.18%
CWEN	C	0.18%
SAH	A	0.18%
BXMT	C	0.18%
SRLN	A	0.18%
ALB	C	0.17%
COKE	C	0.17%
BRSP	B	0.17%
RAVI	A	0.17%
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	B	0.13%
NEM	D	0.13%
HYGV	A	0.12%
PBI	B	0.12%
MPW	F	0.12%
JCPB	C	0.12%
MO	A	0.12%
OHI	C	0.12%
GOVT	D	0.12%
GFI	D	0.11%
CIVI	D	0.11%
HLI	B	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	A	0.1%
VGLT	F	0.1%
SQM	F	0.1%
PNNT	B	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	D	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	F	0.08%
OLN	D	0.08%
SJNK	A	0.08%
ASC	F	0.08%
PFE	D	0.08%
LADR	B	0.08%
CPB	D	0.08%
PEP	F	0.08%
MAIN	A	0.08%
PTEN	C	0.08%
JMBS	C	0.07%
AGZ	C	0.07%
IIPR	D	0.07%
NGG	D	0.07%
CL	D	0.07%
RDY	F	0.06%
USA	A	0.06%
PG	A	0.06%
ARI	C	0.05%
PFLT	D	0.04%
IEF	F	0.04%

ERNZ Underweight 1 Positions Relative to NORW

	Symbol	Grade	Weight
	FLNG	B	-0.51%

NORW: Top Represented Industries & Keywords

Industries: Shipping & Ports Oil & Gas Midstream