ERNZ vs. SDIV ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Global X SuperDividend ETF (SDIV)

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

$25.31

Average Daily Volume

8,949

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SDIV

Global X SuperDividend ETF

SDIV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividendTM 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 underlying index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world, as defined by Structured Solutions AG. It generally will use a replication strategy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.70

Average Daily Volume

198,248

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	SDIV
30 Days	1.80%	6.01%
60 Days	2.57%	9.65%
90 Days	2.93%	8.96%
12 Months		25.06%

4 Overlapping Holdings

Symbol	Grade	Weight in ERNZ	Weight in SDIV	Overlap
ABR	C	2.42%	1.01%	1.01%
DHT	B	2.51%	0.91%	0.91%
GNL	D	2.73%	1.09%	1.09%
NAT	D	3.25%	0.85%	0.85%

ERNZ Overweight 6 Positions Relative to SDIV

Symbol	Grade	Weight
INSW	B	3.46%
GOF	A	3.38%
CLM	A	3.33%
OCSL	D	3.24%
TSLX	D	2.72%
PSEC	C	2.26%

ERNZ Underweight 32 Positions Relative to SDIV

Symbol	Grade	Weight
MPW	C	-1.24%
VALE	B	-1.19%
RWT	C	-1.16%
KREF	C	-1.15%
GOOD	A	-1.14%
BDN	A	-1.14%
BTI	D	-1.13%
VOD	C	-1.12%
SBRA	C	-1.12%
GMRE	C	-1.1%
KNTK	B	-1.09%
OHI	C	-1.04%
UNIT	B	-1.03%
ECO	A	-1.01%
NEP	D	-1.0%
EFC	D	-0.98%
AGNC	C	-0.97%
SVC	F	-0.97%
STWD	C	-0.95%
FRO	D	-0.94%
PMT	C	-0.94%
DX	C	-0.93%
FLNG	C	-0.92%
KRP	B	-0.9%
BXMT	C	-0.85%
HAFN	B	-0.85%
EC	F	-0.79%
BRY	F	-0.79%
BRSP	D	-0.79%
RC	F	-0.79%
ARI	F	-0.77%
CIVI	F	-0.7%

ERNZ: Top Represented Industries & Keywords

Industries: Shipping & Ports Asset Management REIT - Diversified Credit Services