ERNZ vs. PKB ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to PowerShares Dynamic Build & Construction (PKB)

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

PKB

PowerShares Dynamic Build & Construction

PKB Description

The PowerShares Dynamic Building & Construction Portfolio (Fund) is based on the Dynamic Building & Construction IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines, and airports. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$84.99

Average Daily Volume

19,714

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	PKB
30 Days	-0.66%	7.03%
60 Days	-0.51%	7.82%
90 Days	0.24%	12.83%
12 Months		54.51%

0 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in PKB	Overlap

ERNZ Overweight 168 Positions Relative to PKB

Symbol	Grade	Weight
CLM	B	3.79%
TCPC	C	3.51%
FSK	A	3.48%
OXLC	B	3.31%
INSW	F	3.07%
BCC	C	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	F	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%
SBR	B	0.27%
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	C	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 28 Positions Relative to PKB

Symbol	Grade	Weight
TT	A	-5.15%
MLM	C	-5.11%
CSL	C	-4.78%
AGX	B	-4.67%
NVR	D	-4.39%
USLM	A	-4.31%
PHM	D	-4.24%
LEN	C	-3.99%
STRL	A	-3.79%
DHI	F	-3.76%
PRIM	A	-3.42%
TILE	B	-3.32%
MDU	D	-3.25%
APOG	C	-3.06%
MTZ	B	-3.02%
KNF	B	-2.95%
TPC	C	-2.91%
EXP	B	-2.87%
LPX	B	-2.74%
SKY	A	-2.54%
TOL	B	-2.52%
SWX	B	-2.52%
MHO	D	-2.26%
KBH	D	-2.23%
MHK	D	-2.19%
TPH	D	-2.19%
MTH	D	-2.13%
GRBK	D	-2.12%