ERNZ vs. VPU ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Vanguard Utilities ETF - DNQ (VPU)

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

VPU

Vanguard Utilities ETF - DNQ

VPU Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Utilities 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the utilities sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$176.05

Average Daily Volume

210,094

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	VPU
30 Days	1.89%	-0.29%
60 Days	0.06%	1.64%
90 Days	1.25%	8.63%
12 Months		35.25%

3 Overlapping Holdings

Symbol	Grade	Weight in ERNZ	Weight in VPU	Overlap
CWEN	C	0.18%	0.18%	0.18%
CWEN	C	0.18%	0.07%	0.07%
NEP	F	1.54%	0.14%	0.14%

ERNZ Overweight 166 Positions Relative to VPU

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%
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%
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%
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%
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 63 Positions Relative to VPU

Symbol	Grade	Weight
NEE	D	-12.29%
SO	D	-7.22%
DUK	C	-6.71%
CEG	D	-6.26%
SRE	A	-3.98%
AEP	D	-3.93%
D	C	-3.77%
PEG	A	-3.36%
VST	B	-3.28%
PCG	A	-3.1%
EXC	C	-2.97%
XEL	A	-2.8%
ED	D	-2.65%
ETR	B	-2.49%
EIX	B	-2.39%
WEC	A	-2.28%
AWK	D	-2.03%
DTE	C	-1.94%
PPL	B	-1.81%
ES	D	-1.75%
AEE	A	-1.75%
FE	C	-1.73%
ATO	A	-1.58%
CMS	C	-1.57%
NRG	B	-1.42%
CNP	B	-1.32%
NI	A	-1.19%
LNT	A	-1.16%
EVRG	A	-1.05%
AES	F	-0.88%
WTRG	B	-0.76%
PNW	B	-0.75%
OGE	B	-0.61%
IDA	A	-0.4%
NFG	A	-0.4%
UGI	A	-0.38%
POR	C	-0.37%
NJR	A	-0.34%
SWX	B	-0.32%
ORA	B	-0.32%
BKH	A	-0.31%
OGS	A	-0.3%
SR	A	-0.28%
ALE	A	-0.28%
PNM	F	-0.28%
MGEE	C	-0.25%
NWE	B	-0.25%
CWT	D	-0.23%
AWR	B	-0.23%
OTTR	C	-0.22%
AVA	A	-0.22%
AGR	B	-0.21%
CPK	A	-0.2%
HE	C	-0.13%
SJW	D	-0.13%
NWN	A	-0.11%
MSEX	B	-0.08%
UTL	B	-0.07%
NOVA	F	-0.05%
YORW	D	-0.04%
AMPS	C	-0.02%
MNTK	F	-0.02%
ARTNA	D	-0.02%