VUSB vs. ERNZ ETF Comparison

Comparison of Vanguard Ultra-Short Bond ETF (VUSB) to TrueShares Active Yield ETF (ERNZ)

VUSB

Vanguard Ultra-Short Bond ETF

VUSB Description

Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. The fund invests in the fixed income markets. It primarily invests in high-quality securities that are rated A3 or better and medium-quality securities that are rated Baa1, Baa2, or Baa3 by Moody's Investors Service, Inc. The fund seeks to invest in securities with maturity of 0-2 years. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF was formed on April 5, 2021 is domiciled in the United States.

Grade (RS Rating)

Last Trade

$49.75

Average Daily Volume

714,691

Number of Holdings ^*

201

* 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

$25.19

Average Daily Volume

12,257

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	VUSB	ERNZ
30 Days	0.33%	2.57%
60 Days	0.49%	0.37%
90 Days	1.14%	2.04%
12 Months	6.26%

15 Overlapping Holdings

Symbol	Grade	Weight in VUSB	Weight in ERNZ	Overlap
ABBV	D	0.05%	1.09%	0.05%
ARCC	A	0.03%	0.16%	0.03%
AVGO	D	0.01%	0.95%	0.01%
CPB	D	0.01%	0.08%	0.01%
FANG	F	0.01%	0.91%	0.01%
GILD	B	0.36%	0.87%	0.36%
GIS	D	0.47%	0.15%	0.15%
KMB	C	0.03%	0.09%	0.03%
KR	A	0.08%	1.68%	0.08%
MPC	F	0.18%	0.19%	0.18%
NEM	F	0.01%	0.14%	0.01%
OHI	D	0.04%	0.12%	0.04%
PCAR	B	0.01%	0.1%	0.01%
PEP	F	0.13%	0.08%	0.08%
PG	A	0.09%	0.07%	0.07%

VUSB Overweight 186 Positions Relative to ERNZ

Symbol	Grade	Weight
RL	B	0.99%
NVDA	C	0.71%
BHF	B	0.7%
COF	B	0.61%
CMCSA	C	0.6%
COP	D	0.52%
SYY	C	0.43%
EMN	D	0.42%
SPG	C	0.3%
NUE	D	0.29%
HRL	D	0.28%
ZBH	C	0.28%
ALL	B	0.27%
PSA	C	0.25%
CNH	A	0.24%
WM	A	0.24%
EOG	C	0.23%
MLM	B	0.23%
MCK	C	0.23%
STZ	D	0.23%
AMP	B	0.2%
PYPL	A	0.2%
EBAY	C	0.19%
HII	F	0.19%
CHTR	C	0.18%
GPN	C	0.18%
MKC	D	0.17%
RPRX	D	0.17%
AIG	B	0.17%
EQH	B	0.17%
SWKS	F	0.15%
ROK	B	0.14%
OKE	C	0.14%
UNP	C	0.14%
ESGR	B	0.13%
EQR	B	0.13%
KIM	A	0.13%
AAPL	B	0.12%
AMGN	D	0.12%
SLB	C	0.12%
BDN	C	0.11%
LEN	C	0.11%
PFG	C	0.11%
PSX	C	0.11%
CB	D	0.11%
HUM	C	0.11%
SRE	A	0.11%
SLG	B	0.1%
SBUX	B	0.1%
TDY	B	0.1%
CM	A	0.1%
BHP	F	0.09%
CHD	B	0.09%
LNC	B	0.09%
DB	D	0.09%
NWG	C	0.09%
CCEP	B	0.08%
MMC	A	0.08%
IBM	C	0.08%
MS	B	0.08%
CAG	D	0.07%
MCO	A	0.07%
IVZ	B	0.07%
AON	A	0.07%
MDLZ	F	0.07%
AMZN	C	0.06%
AMTD	F	0.06%
AEP	D	0.06%
EPD	B	0.06%
DTE	C	0.06%
ILMN	C	0.06%
PAA	B	0.06%
TXN	D	0.06%
ALLY	C	0.06%
AL	A	0.06%
R	B	0.06%
MUFG	B	0.06%
UBS	B	0.06%
LLY	F	0.05%
KEY	A	0.05%
IFF	D	0.05%
NDAQ	A	0.05%
TD	F	0.05%
KSA	F	0.05%
ETR	B	0.05%
ICE	D	0.05%
DIS	B	0.05%
PRU	A	0.05%
AXP	A	0.05%
VTRS	B	0.05%
ZTS	D	0.04%
DELL	C	0.04%
CSL	B	0.04%
CME	A	0.04%
CCI	D	0.04%
SHW	A	0.04%
OPI	F	0.04%
ES	D	0.04%
CI	D	0.04%
SEB	F	0.04%
SO	D	0.04%
BKH	B	0.03%
BK	A	0.03%
BIIB	F	0.03%
AEE	A	0.03%
DD	D	0.03%
FNF	B	0.03%
KRC	C	0.03%
MSFT	D	0.03%
TEL	B	0.03%
SYF	A	0.03%
USB	A	0.03%
UPS	C	0.03%
INTC	C	0.03%
DFS	B	0.03%
PM	B	0.03%
GM	B	0.03%
ORCL	C	0.03%
BMY	B	0.03%
CFG	B	0.02%
GE	D	0.02%
MRK	F	0.02%
KMPR	B	0.02%
PNC	A	0.02%
O	D	0.02%
NSC	A	0.02%
TAP	C	0.02%
WRB	A	0.02%
VOD	D	0.02%
HOG	F	0.02%
HON	B	0.02%
KMI	B	0.02%
DUK	C	0.02%
BXP	D	0.02%
BNS	A	0.02%
BMO	A	0.02%
LYB	F	0.01%
CTAS	B	0.01%
HD	A	0.01%
GSK	F	0.01%
FIS	D	0.01%
DT	C	0.01%
MKL	A	0.01%
LOW	C	0.01%
JXN	B	0.01%
HPE	B	0.01%
SCHW	A	0.01%
TSN	B	0.01%
BEN	C	0.01%
ATO	A	0.01%
ARW	D	0.01%
XOM	C	0.01%
STT	A	0.01%
MAR	A	0.01%
T	A	0.01%
CAT	B	0.01%
CVS	D	0.01%
KDP	D	0.01%
VZ	B	0.01%
WMB	B	0.01%
EXC	D	0.01%
LIN	D	0.01%
DE	B	0.01%
CVX	B	0.01%
AZO	C	0.01%
BA	D	0.01%
EIX	A	0.01%
UNH	B	0.01%
TFC	B	0.01%
JPM	B	0.01%
AZN	F	0.01%
NEE	D	0.01%
ET	B	0.01%
AER	A	0.01%
PL	B	0.01%
CNP	A	0.01%
MET	A	0.01%
AVB	B	0.01%
WFC	A	0.01%
D	C	0.01%
AMT	D	0.01%
BAC	A	0.01%
LUV	B	0.01%
C	A	0.01%
GS	B	0.01%
HSBC	B	0.01%

VUSB Underweight 153 Positions Relative to ERNZ

Symbol	Grade	Weight
CLM	A	-3.68%
TCPC	C	-3.58%
FSK	A	-3.54%
OXLC	C	-3.2%
BCC	B	-3.04%
INSW	F	-2.96%
TSLX	B	-2.92%
GBDC	B	-2.92%
CRF	A	-2.91%
WSO	A	-2.78%
QYLD	B	-2.37%
KRP	C	-2.22%
GOF	A	-1.51%
NEP	F	-1.47%
CTRA	B	-1.36%
ABR	C	-1.3%
DHT	F	-1.28%
PSEC	D	-1.23%
NAT	F	-1.13%
CAH	B	-1.13%
MUR	F	-1.12%
HTGC	D	-1.08%
FDUS	A	-1.06%
HRZN	F	-1.03%
SHV	A	-1.01%
GNL	D	-1.0%
BKLN	A	-0.97%
RC	D	-0.95%
CWH	C	-0.89%
DKS	C	-0.88%
CLX	C	-0.88%
XMHQ	A	-0.87%
TRGP	B	-0.83%
SPTN	F	-0.8%
AOD	C	-0.77%
AGNC	D	-0.75%
ARES	B	-0.75%
TFLO	B	-0.73%
DX	B	-0.71%
ECC	F	-0.7%
ACP	A	-0.6%
USFR	C	-0.54%
DAC	D	-0.5%
LRCX	F	-0.49%
VIRT	B	-0.45%
FRO	F	-0.45%
GBIL	B	-0.44%
CCOI	B	-0.42%
GFF	B	-0.4%
PDI	D	-0.4%
BIL	A	-0.39%
OVV	C	-0.38%
GSBD	F	-0.36%
DDS	B	-0.32%
STLD	B	-0.32%
FCT	A	-0.3%
COST	B	-0.3%
SBR	B	-0.28%
CNA	B	-0.27%
ARCH	B	-0.26%
PMT	D	-0.26%
STNG	F	-0.25%
KREF	D	-0.24%
GNK	D	-0.24%
LVHI	B	-0.24%
NEAR	B	-0.23%
UNIT	B	-0.22%
BTI	B	-0.22%
PULS	A	-0.22%
RA	B	-0.21%
NMFC	D	-0.21%
BIZD	B	-0.2%
SCHO	C	-0.2%
CWEN	C	-0.19%
BXMT	C	-0.19%
BAH	F	-0.19%
ALB	C	-0.18%
SAH	B	-0.18%
APAM	B	-0.18%
WINA	B	-0.18%
FLBL	A	-0.18%
SRLN	A	-0.18%
BRSP	C	-0.17%
COKE	C	-0.17%
RAVI	A	-0.17%
PAG	B	-0.16%
VNLA	A	-0.16%
LYTS	B	-0.15%
VRIG	A	-0.15%
ETD	C	-0.15%
BGS	F	-0.15%
ICSH	A	-0.15%
FLTR	A	-0.15%
ROL	B	-0.15%
TSCO	C	-0.14%
MINT	A	-0.14%
DVN	F	-0.14%
GOGL	F	-0.14%
PBI	B	-0.13%
FLRN	A	-0.13%
FTSL	B	-0.13%
GFI	F	-0.12%
HYGV	A	-0.12%
MPW	F	-0.12%
JCPB	D	-0.12%
MO	A	-0.12%
GOVT	D	-0.12%
CIVI	D	-0.11%
CVI	F	-0.11%
USDU	A	-0.11%
HRB	D	-0.11%
JMST	B	-0.11%
FTSM	B	-0.11%
SHY	C	-0.11%
HLI	A	-0.11%
IPAR	B	-0.11%
AMRK	F	-0.11%
FHI	A	-0.1%
VGLT	D	-0.1%
RYLD	A	-0.1%
PNNT	C	-0.1%
DEA	D	-0.1%
SQM	F	-0.1%
PTEN	C	-0.09%
MAIN	A	-0.09%
EDV	D	-0.09%
UVV	B	-0.09%
UTG	A	-0.09%
FLOT	A	-0.09%
ZROZ	D	-0.09%
JPST	A	-0.09%
XYLD	A	-0.09%
HSY	F	-0.09%
NGG	D	-0.08%
CL	D	-0.08%
AGZD	B	-0.08%
K	A	-0.08%
KOF	F	-0.08%
PFE	D	-0.08%
LGOV	D	-0.08%
OLN	F	-0.08%
ASC	F	-0.08%
SJNK	A	-0.08%
LADR	B	-0.08%
WMK	B	-0.08%
JMBS	D	-0.07%
AGZ	C	-0.07%
IIPR	D	-0.07%
RDY	D	-0.06%
USA	A	-0.06%
ARI	C	-0.05%
PFLT	D	-0.04%
IEF	D	-0.04%