ERNZ vs. SEA ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to U.S. Global Sea to Sky Cargo ETF (SEA)

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

SEA

U.S. Global Sea to Sky Cargo ETF

SEA Description

The investment seeks to track the investment results (before fees and expenses) of the Dow Jones Global Shipping IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the underlying index. The underlying index is comprised of developed market-listed equity securities of companies that are classified as being in the shipping industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.10

Average Daily Volume

7,096

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	SEA
30 Days	1.89%	-3.85%
60 Days	0.06%	-7.36%
90 Days	1.25%	-6.60%
12 Months		6.09%

5 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in SEA	Overlap
	ASC	F	0.08%	1.46%	0.08%
	DAC	B	0.51%	4.64%	0.51%
	FRO	F	0.46%	1.81%	0.46%
	INSW	F	3.07%	3.61%	3.07%
	STNG	F	0.26%	4.19%	0.26%

ERNZ Overweight 163 Positions Relative to SEA

	Symbol	Grade	Weight
	CLM	A	3.79%
	TCPC	C	3.51%
	FSK	A	3.48%
	OXLC	C	3.31%
	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%
	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%
	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%
	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	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%
	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 6 Positions Relative to SEA

	Symbol	Grade	Weight
	TRMD	F	-3.76%
	FDX	B	-3.17%
	UPS	C	-3.17%
	EXPD	D	-3.01%
	ZTO	F	-2.92%
	GSL	F	-2.19%

ERNZ: Top Represented Industries & Keywords

Industries: Asset Management Shipping & Ports Oil & Gas E&P REIT - Diversified Household & Personal Products Packaged Foods Beverages - Soft Drinks Capital Markets Drug Manufacturers - Major Specialty Retail Tobacco Auto & Truck Dealerships Business Services Gold Grocery Stores Oil & Gas Drilling Oil & Gas Refining & Marketing REIT - Healthcare Facilities REIT - Industrial REIT - Office

Keywords: Exchange Traded Fund ETF S&P 500 Bond Private Equity Structured Finance Real Estate Investment Trust Bond Market Loan U.S. Treasury Business Development Mezzanine Capital Mortgage Backed Security Mortgage Loan Bloomberg Barclays Us Aggregate Bond Index Index Fund U.S. Government Crude Oil Debt Securities Debt

SEA: Top Represented Industries & Keywords

Industries: Shipping & Ports Integrated Shipping & Logistics

Keywords: Freight Transport Tanker Transport Maritime Transport Ships Cargo Crude Oil Freight Forwarder Logistics Services Oil Tanker Petroleum Products S&P 500 Seaborne Transportation Container Ship Customs Brokerage Express Mail Freight Services Large Crude Carrier Less Than Truckload Shipping Logistics