PFLD vs. ERNZ ETF Comparison

Comparison of AAM Low Duration Preferred and Income Securities ETF (PFLD) to TrueShares Active Yield ETF (ERNZ)

PFLD

AAM Low Duration Preferred and Income Securities ETF

PFLD Description

The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$21.06

Average Daily Volume

133,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$24.60

Average Daily Volume

11,070

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	PFLD	ERNZ
30 Days	-0.80%	-2.55%
60 Days	-0.89%	-1.08%
90 Days	1.72%	0.82%
12 Months	8.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in PFLD	Weight in ERNZ	Overlap
	AGNC	C	0.89%	0.73%	0.73%

PFLD Overweight 40 Positions Relative to ERNZ

Symbol	Grade	Weight
TBB	C	1.97%
TBC	C	1.27%
SREA	C	1.17%
CMSD	C	0.98%
PRS	C	0.87%
CHSCL	B	0.84%
DUKB	C	0.78%
QRTEP	C	0.78%
CHSCM	C	0.78%
FITBI	A	0.71%
BAC	A	0.69%
SOJC	C	0.68%
CHSCN	C	0.67%
RZB	C	0.62%
AQNB	C	0.55%
ESGRP	D	0.53%
AGNCN	A	0.52%
UNMA	C	0.47%
WTFCP	A	0.45%
MGR	D	0.45%
CMSC	C	0.43%
NRUC	D	0.38%
DDT	A	0.32%
CMSA	C	0.31%
FCNCO	C	0.3%
SLMBP	C	0.29%
TVE	C	0.29%
NYMTM	A	0.28%
AFGD	A	0.23%
ZIONO	C	0.23%
NYMTN	C	0.21%
NYMTL	A	0.2%
AFGB	C	0.19%
WTFCM	A	0.19%
VLYPP	A	0.18%
ENO	C	0.17%
BPOPM	A	0.16%
VLYPO	A	0.15%
RILYN	D	0.14%
FATBP	F	0.11%

PFLD Underweight 167 Positions Relative to ERNZ

Symbol	Grade	Weight
CLM	A	-3.79%
TCPC	C	-3.51%
FSK	A	-3.48%
OXLC	B	-3.31%
INSW	F	-3.07%
BCC	B	-3.05%
CRF	A	-2.98%
GBDC	A	-2.98%
TSLX	D	-2.89%
WSO	A	-2.69%
QYLD	B	-2.44%
KRP	C	-2.27%
KR	B	-1.7%
NEP	F	-1.54%
GOF	A	-1.51%
ABR	C	-1.36%
DHT	D	-1.34%
CTRA	A	-1.26%
NAT	F	-1.16%
PSEC	F	-1.16%
MUR	F	-1.13%
CAH	B	-1.12%
HTGC	D	-1.11%
ABBV	F	-1.08%
FDUS	A	-1.05%
HRZN	F	-1.03%
SHV	A	-1.01%
AVGO	C	-1.0%
GNL	D	-1.0%
BKLN	A	-0.97%
RC	F	-0.93%
CWH	B	-0.91%
FANG	D	-0.91%
GILD	B	-0.9%
DKS	D	-0.87%
CLX	A	-0.87%
XMHQ	B	-0.86%
AOD	C	-0.78%
SPTN	F	-0.77%
TRGP	A	-0.76%
TFLO	A	-0.74%
ARES	B	-0.73%
ECC	D	-0.73%
DX	A	-0.71%
ACP	A	-0.61%
USFR	A	-0.54%
LRCX	F	-0.51%
DAC	B	-0.51%
FRO	D	-0.46%
GBIL	A	-0.44%
VIRT	A	-0.42%
PDI	D	-0.4%
GFF	A	-0.39%
BIL	A	-0.39%
CCOI	B	-0.39%
OVV	C	-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	C	-0.26%
CNA	C	-0.26%
PMT	D	-0.25%
KREF	D	-0.24%
ARCH	B	-0.24%
LVHI	A	-0.24%
NEAR	C	-0.23%
PULS	A	-0.22%
RA	C	-0.21%
NMFC	D	-0.21%
BTI	C	-0.21%
BAH	D	-0.2%
BIZD	A	-0.2%
UNIT	B	-0.2%
SCHO	C	-0.2%
MPC	D	-0.19%
WINA	B	-0.18%
FLBL	A	-0.18%
APAM	A	-0.18%
CWEN	D	-0.18%
SAH	A	-0.18%
BXMT	D	-0.18%
SRLN	A	-0.18%
ALB	C	-0.17%
COKE	C	-0.17%
BRSP	B	-0.17%
RAVI	A	-0.17%
GOGL	C	-0.16%
ARCC	A	-0.16%
PAG	A	-0.16%
VNLA	A	-0.16%
DVN	F	-0.15%
LYTS	A	-0.15%
BGS	F	-0.15%
VRIG	A	-0.15%
ETD	D	-0.15%
ICSH	A	-0.15%
FLTR	A	-0.15%
ROL	A	-0.15%
GIS	D	-0.15%
MINT	A	-0.14%
TSCO	D	-0.14%
FLRN	A	-0.13%
FTSL	A	-0.13%
NEM	F	-0.13%
HYGV	A	-0.12%
PBI	C	-0.12%
MPW	F	-0.12%
JCPB	C	-0.12%
MO	A	-0.12%
OHI	C	-0.12%
GOVT	C	-0.12%
GFI	F	-0.11%
CIVI	F	-0.11%
HLI	A	-0.11%
CVI	D	-0.11%
USDU	A	-0.11%
JMST	A	-0.11%
FTSM	A	-0.11%
SHY	C	-0.11%
IPAR	C	-0.11%
HRB	D	-0.11%
AMRK	F	-0.11%
HSY	F	-0.1%
FHI	A	-0.1%
VGLT	D	-0.1%
SQM	D	-0.1%
PNNT	A	-0.1%
RYLD	A	-0.1%
PCAR	B	-0.1%
DEA	D	-0.1%
UVV	B	-0.09%
UTG	A	-0.09%
EDV	D	-0.09%
WMK	B	-0.09%
KMB	C	-0.09%
FLOT	A	-0.09%
ZROZ	D	-0.09%
JPST	A	-0.09%
XYLD	A	-0.09%
AGZD	A	-0.08%
KOF	F	-0.08%
K	B	-0.08%
LGOV	D	-0.08%
OLN	F	-0.08%
SJNK	A	-0.08%
ASC	F	-0.08%
PFE	F	-0.08%
LADR	A	-0.08%
CPB	D	-0.08%
PEP	F	-0.08%
MAIN	A	-0.08%
PTEN	D	-0.08%
JMBS	C	-0.07%
AGZ	C	-0.07%
IIPR	F	-0.07%
NGG	D	-0.07%
CL	D	-0.07%
RDY	D	-0.06%
USA	B	-0.06%
PG	C	-0.06%
ARI	D	-0.05%
PFLT	D	-0.04%
IEF	F	-0.04%