ERNZ vs. SECT ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Main Sector Rotation ETF (SECT)

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

SECT

Main Sector Rotation ETF

SECT Description

The investment seeks to outperform the S&P 500 in rising markets while limiting losses during periods of decline. The fund utilizes a fund of funds structure to invest in sector based equity ETFs. It seeks to achieve its objective through dynamic sector rotation. The Adviser focuses its research primarily on sector selection by carefully reviewing the sector, industry, and sub-industries in the fund's portfolio. The Adviser chooses sectors it believes are undervalued and poised to respond favorably to financial market catalysts. The fund sell a security when it achieves its target price and is, in the opinion of the Adviser, no longer undervalued.

Grade (RS Rating)

Last Trade

$56.13

Average Daily Volume

88,308

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	SECT
30 Days	1.89%	4.54%
60 Days	0.06%	5.37%
90 Days	1.25%	5.33%
12 Months		26.97%

1 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in SECT	Overlap
	BIL	A	0.39%	0.0%	0.0%

ERNZ Overweight 167 Positions Relative to SECT

	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%
	FRO	F	0.46%
	GBIL	B	0.44%
	VIRT	B	0.42%
	PDI	C	0.4%
	GFF	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%
	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%
	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 5 Positions Relative to SECT

	Symbol	Grade	Weight
	QQQ	B	-19.08%
	XLC	A	-14.82%
	SMH	D	-11.98%
	IJK	A	-11.74%
	ARKG	F	-2.91%

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

SECT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Bioinformatics Biotechnology Depositary Receipt Exchange Traded Funds Genomics Global Industry Classification Standard Index Fund Interactive Media Invesco Powershares Midcap Nasdaq 100 Nasdaq 100 Index Nasdaq Composite Index S&P 400 Semiconductor Stem Cell Telecommunication Services