CCEF vs. ERNZ ETF Comparison

Comparison of Calamos CEF Income & Arbitrage ETF (CCEF) to TrueShares Active Yield ETF (ERNZ)
CCEF

Calamos CEF Income & Arbitrage ETF

CCEF Description

The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.85

Average Daily Volume

2,735

Number of Holdings *

38

* 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

$24.19

Average Daily Volume

10,240

Number of Holdings *

158

* may have additional holdings in another (foreign) market
Performance
Period CCEF ERNZ
30 Days -2.76% -3.72%
60 Days 0.09% -1.99%
90 Days 4.61% -1.24%
12 Months
3 Overlapping Holdings
Symbol Grade Weight in CCEF Weight in ERNZ Overlap
ACP A 0.97% 0.19% 0.19%
RA A 3.06% 0.42% 0.42%
USA B 1.01% 0.08% 0.08%
CCEF Overweight 35 Positions Relative to ERNZ
Symbol Grade Weight
PDT D 4.24%
THQ D 3.78%
KYN B 3.43%
EXG C 3.39%
ETW A 3.2%
HTD C 3.0%
ERC D 2.99%
AOD C 2.98%
RIV B 2.98%
ASGI A 2.78%
ASG B 2.72%
BDJ A 2.69%
BBN C 2.62%
IIF C 2.56%
IFN D 2.4%
RQI D 2.21%
NML B 2.19%
NBB C 2.07%
FFC D 2.05%
DIAX B 1.98%
EVT C 1.96%
JQC A 1.93%
HFRO F 1.75%
EMF C 1.57%
JPC A 1.54%
NTG A 1.51%
IGR D 1.18%
TSI B 1.14%
BTO A 1.1%
FAX D 1.02%
HYI A 1.0%
RMT D 0.98%
EVV A 0.98%
BME D 0.86%
CII C 0.22%
CCEF Underweight 155 Positions Relative to ERNZ
Symbol Grade Weight
CLM A -3.22%
ABR B -3.14%
GOF A -3.09%
NAT F -2.75%
INSW F -2.71%
DHT F -2.71%
HTGC C -2.63%
PSEC D -2.6%
GNL D -2.5%
CRF A -2.36%
TSLX D -2.15%
ECC A -1.97%
RC F -1.85%
OXLC A -1.83%
XMHQ D -1.82%
DX C -1.57%
NEP F -1.56%
PDI A -1.53%
QYLD A -1.45%
FSK B -1.33%
KRP B -1.32%
AGNC D -1.22%
BCC D -1.17%
DKS F -1.11%
CWH F -1.04%
DAC D -1.01%
FRO F -0.94%
USFR A -0.82%
GSBD F -0.79%
CCOI B -0.69%
KR A -0.69%
ABBV A -0.67%
GFF F -0.67%
GBDC C -0.63%
FCT A -0.62%
TFLO A -0.61%
GILD A -0.59%
STNG F -0.56%
CNA D -0.56%
SBR D -0.55%
GBIL A -0.54%
PMT D -0.53%
SHV A -0.53%
WSO D -0.53%
BKLN A -0.52%
KREF D -0.5%
ARES B -0.49%
LVHI A -0.49%
GNK D -0.45%
PULS A -0.44%
BIL A -0.44%
BTI C -0.42%
UNIT C -0.42%
SCHO C -0.4%
ARCH B -0.4%
BIZD C -0.39%
BXMT C -0.39%
NEM D -0.37%
SRLN A -0.37%
BGS C -0.37%
CWEN C -0.35%
FLBL A -0.35%
COKE D -0.35%
DDS C -0.33%
NEAR C -0.33%
GIS D -0.32%
SAH C -0.3%
ICSH A -0.29%
PAG F -0.29%
FLTR A -0.29%
ARCC B -0.29%
ALB C -0.29%
APAM A -0.29%
CTRA F -0.29%
VRIG A -0.28%
COST D -0.28%
MINT A -0.28%
ETD F -0.28%
TRGP A -0.27%
TSCO D -0.27%
DVN F -0.27%
WINA A -0.27%
AMRK D -0.27%
BAH A -0.27%
VNLA A -0.26%
OVV F -0.26%
BRSP C -0.26%
GFI B -0.25%
CVI F -0.25%
MPW D -0.24%
FTSL A -0.24%
FLRN A -0.24%
OHI B -0.24%
GOGL F -0.24%
JCPB C -0.22%
FANG F -0.22%
CAH B -0.22%
PBI A -0.21%
JMST A -0.2%
HYGV C -0.2%
FTSM A -0.2%
DEA C -0.2%
LYTS A -0.2%
SHY C -0.19%
CLX B -0.19%
IPAR D -0.18%
MUR F -0.18%
MO A -0.18%
USDU A -0.18%
SQM D -0.18%
ASC F -0.16%
IIPR C -0.16%
RYLD A -0.16%
PCAR C -0.16%
HSY F -0.16%
PNNT C -0.15%
GOVT C -0.15%
JPST B -0.15%
XYLD C -0.15%
ZROZ F -0.15%
VIRT A -0.14%
FHI A -0.14%
EDV F -0.14%
PFE D -0.14%
KMB D -0.14%
HLI A -0.14%
VGLT D -0.14%
FLOT A -0.14%
OLN F -0.13%
KOF F -0.13%
CPB D -0.13%
UTG B -0.13%
CIVI F -0.13%
AGZD A -0.12%
PTEN F -0.12%
LGOV D -0.12%
SJNK A -0.12%
MAIN B -0.12%
CL F -0.12%
UVV C -0.12%
NGG D -0.12%
PEP D -0.11%
K A -0.11%
PG D -0.11%
WMK D -0.11%
AGZ C -0.11%
LADR B -0.11%
HRB D -0.1%
MPC F -0.09%
JMBS D -0.09%
RDY D -0.09%
RAVI A -0.05%
ARI F -0.05%
PFLT C -0.04%
IEF D -0.04%
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