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

$24.89

Average Daily Volume

184,721

Number of Holdings ^*

9

* 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

$17.92

Average Daily Volume

6,136

Number of Holdings ^*

14

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	SEA
30 Days	-1.92%	-2.94%
60 Days	0.60%	9.33%
90 Days		17.51%
12 Months		21.16%

1 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in SEA	Overlap
	INSW	C	2.67%	3.95%	2.67%

ERNZ Overweight 8 Positions Relative to SEA

	Symbol	Grade	Weight
	TSLX	A	2.73%
	GOF	A	2.71%
	CLM	A	2.58%
	OCSL	D	2.45%
	DHT	D	2.42%
	NAT	D	2.32%
	GNL	C	2.14%
	CNA	B	1.88%

ERNZ Underweight 13 Positions Relative to SEA

	Symbol	Grade	Weight
	TRMD	B	-5.19%
	HAFN	D	-5.16%
	TNK	C	-5.04%
	BWLP	D	-5.0%
	STNG	B	-4.28%
	ASC	C	-4.03%
	DAC	C	-3.93%
	LPG	C	-3.89%
	FDX	B	-3.39%
	EXPD	B	-3.02%
	UPS	D	-2.92%
	ZTO	F	-2.68%
	GSL	C	-1.92%

ERNZ: Top Represented Industries & Keywords

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

Keywords: Ships Tanker Aframax ETF Exchange Traded Fund Large Crude Carrier Oil Tanker Suezmax Boiler Brandywine Realty Trust Business Development Business Development Company Casualty Insurance Products Cna Financial Communication Devices Crude Oil Crude Oil Tanker Crude Oil Tankers Finance Investments Gas Carrier

SEA: Top Represented Industries & Keywords

Industries: Shipping & Ports Integrated Shipping & Logistics Marine Shipping

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