ERNZ vs. EELV ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV)

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

$24.78

Average Daily Volume

10,660

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

EELV

PowerShares S&P Emerging Markets Low Volatility Portfolio

EELV Description

The PowerShares S&P Emerging Markets Low Volatility Portfolio (Fund) is based on the S&P BMI Emerging Markets Low Volatility Index ND (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poorâs and consists of the 200 least volatile stocks of the S&P Emerging BMI Plus LargeMid Cap Index over the past 12 months. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$24.47

Average Daily Volume

70,522

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	EELV
30 Days	-0.66%	-3.13%
60 Days	-0.51%	-4.63%
90 Days	0.24%	-2.95%
12 Months		9.58%

2 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in EELV	Overlap
	DAC	C	0.51%	0.48%	0.48%
	RDY	F	0.06%	0.44%	0.06%

ERNZ Overweight 166 Positions Relative to EELV

Symbol	Grade	Weight
CLM	B	3.79%
TCPC	C	3.51%
FSK	A	3.48%
OXLC	B	3.31%
INSW	F	3.07%
BCC	B	3.05%
CRF	B	2.98%
GBDC	D	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%
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	F	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	C	0.91%
GILD	C	0.9%
DKS	D	0.87%
CLX	A	0.87%
XMHQ	B	0.86%
AOD	D	0.78%
SPTN	D	0.77%
TRGP	A	0.76%
TFLO	B	0.74%
ARES	A	0.73%
ECC	D	0.73%
AGNC	C	0.73%
DX	B	0.71%
ACP	C	0.61%
USFR	A	0.54%
LRCX	F	0.51%
FRO	D	0.46%
GBIL	B	0.44%
VIRT	A	0.42%
PDI	D	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	A	0.29%
SBR	B	0.27%
STNG	F	0.26%
GNK	D	0.26%
CNA	C	0.26%
PMT	C	0.25%
KREF	C	0.24%
ARCH	B	0.24%
LVHI	B	0.24%
NEAR	C	0.23%
PULS	A	0.22%
RA	C	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	C	0.18%
FLBL	A	0.18%
APAM	B	0.18%
CWEN	C	0.18%
SAH	C	0.18%
BXMT	C	0.18%
SRLN	A	0.18%
ALB	B	0.17%
COKE	C	0.17%
BRSP	C	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	A	0.13%
NEM	D	0.13%
HYGV	A	0.12%
PBI	B	0.12%
MPW	F	0.12%
JCPB	D	0.12%
MO	A	0.12%
OHI	C	0.12%
GOVT	D	0.12%
GFI	D	0.11%
CIVI	D	0.11%
HLI	A	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	B	0.1%
VGLT	D	0.1%
SQM	D	0.1%
PNNT	C	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	C	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	D	0.08%
OLN	F	0.08%
SJNK	A	0.08%
ASC	F	0.08%
PFE	F	0.08%
LADR	B	0.08%
CPB	D	0.08%
PEP	F	0.08%
MAIN	A	0.08%
PTEN	C	0.08%
JMBS	D	0.07%
AGZ	C	0.07%
IIPR	D	0.07%
NGG	D	0.07%
CL	D	0.07%
USA	B	0.06%
PG	C	0.06%
ARI	C	0.05%
PFLT	D	0.04%
IEF	F	0.04%

ERNZ Underweight 6 Positions Relative to EELV

Symbol	Grade	Weight
CHT	C	-0.92%
BCH	C	-0.49%
ABEV	F	-0.48%
IBN	C	-0.46%
VALE	F	-0.43%
INFY	C	-0.41%