ERNZ vs. DEEP ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Roundhill Acquirers Deep Value ETF (DEEP)

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

DEEP

Roundhill Acquirers Deep Value ETF

DEEP Description

The investment seeks to track the performance, before fees and expenses, of the Acquirers Deep Value Index (the “index”). The index was established in 2020 by Acquirers Funds LLC and tracks the performance of a portfolio of 20 of the most undervalued, fundamentally strong stocks drawn from the largest 500 stocks listed in the United States meeting certain liquidity thresholds. 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. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.06

Average Daily Volume

3,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	DEEP
30 Days	1.89%	6.32%
60 Days	0.06%	3.84%
90 Days	1.25%	2.37%
12 Months		13.43%

6 Overlapping Holdings

Symbol	Grade	Weight in ERNZ	Weight in DEEP	Overlap
ARCH	B	0.24%	1.24%	0.24%
ASC	F	0.08%	0.67%	0.08%
DAC	B	0.51%	1.04%	0.51%
DHT	F	1.34%	0.99%	0.99%
ETD	C	0.15%	0.9%	0.15%
WINA	B	0.18%	1.02%	0.18%

ERNZ Overweight 162 Positions Relative to DEEP

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%
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%
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%
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	D	0.2%
MPC	D	0.19%
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%
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	C	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%
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 90 Positions Relative to DEEP

Symbol	Grade	Weight
SMLR	B	-1.87%
IGIC	B	-1.29%
BMRC	B	-1.25%
PGC	C	-1.25%
RYI	C	-1.21%
HSII	B	-1.18%
METC	C	-1.18%
PRDO	B	-1.16%
NATR	C	-1.15%
HCKT	B	-1.14%
MCFT	B	-1.13%
PFBC	B	-1.13%
BSIG	A	-1.13%
RCMT	C	-1.13%
NRP	B	-1.12%
TTEC	F	-1.12%
BBW	B	-1.11%
BHLB	B	-1.1%
GPRK	C	-1.1%
VSTO	A	-1.1%
VBTX	B	-1.1%
BXC	B	-1.09%
PLPC	B	-1.09%
BKE	B	-1.09%
DXLG	F	-1.08%
HELE	C	-1.08%
AMCX	C	-1.07%
HLF	C	-1.07%
EPM	A	-1.06%
INMD	C	-1.06%
NX	C	-1.06%
UPBD	B	-1.05%
DMLP	A	-1.05%
PLAB	C	-1.04%
MBUU	C	-1.03%
XPEL	C	-1.03%
HTBK	A	-1.03%
DHIL	A	-1.03%
SBH	C	-1.02%
AMPY	B	-1.02%
UAN	B	-1.02%
ITRN	B	-1.02%
WGO	C	-1.02%
OFLX	D	-1.02%
LPRO	C	-1.01%
WLKP	A	-0.99%
NUS	D	-0.99%
UTMD	F	-0.98%
IMKTA	C	-0.98%
USNA	C	-0.98%
SMP	B	-0.98%
WTI	F	-0.97%
INVA	D	-0.97%
WNC	C	-0.97%
MED	F	-0.97%
MOV	C	-0.97%
NVEC	C	-0.96%
GIII	D	-0.96%
SD	D	-0.95%
SWBI	C	-0.95%
TH	C	-0.94%
KFRC	D	-0.93%
IIIN	C	-0.92%
WRLD	C	-0.92%
FF	D	-0.92%
PARR	D	-0.92%
RGR	F	-0.91%
IRWD	F	-0.9%
LESL	C	-0.9%
RMAX	C	-0.89%
LEGH	D	-0.89%
RMR	F	-0.88%
JOUT	D	-0.87%
DFIN	D	-0.87%
NRC	F	-0.86%
ODP	F	-0.85%
JBSS	D	-0.85%
RGP	F	-0.84%
HZO	D	-0.83%
GIC	D	-0.82%
HVT	D	-0.79%
MYE	F	-0.79%
CRCT	F	-0.78%
LPG	F	-0.78%
HOV	D	-0.77%
CLFD	D	-0.74%
SIGA	F	-0.72%
HDSN	F	-0.72%
CCRN	F	-0.66%
AMN	F	-0.52%