ERNZ vs. HIPS ETF Comparison
Comparison of TrueShares Active Yield ETF (ERNZ) to Master Income ETF (HIPS)
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
$24.90
Average Daily Volume
188,773
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$12.79
Average Daily Volume
25,150
Number of Holdings
*
36
* may have additional holdings in another (foreign) market
Performance
Period | ERNZ | HIPS |
---|---|---|
30 Days | -1.77% | 2.51% |
60 Days | 1.37% | 3.58% |
90 Days | 3.37% | |
12 Months | 18.34% |
1 Overlapping Holdings
Symbol | Grade | Weight in ERNZ | Weight in HIPS | Overlap | |
---|---|---|---|---|---|
GNL | D | 2.14% | 1.8% | 1.8% |
ERNZ Underweight 35 Positions Relative to HIPS
Symbol | Grade | Weight | |
---|---|---|---|
WES | A | -3.49% | |
PAA | A | -3.02% | |
ET | A | -2.93% | |
BXSL | B | -2.9% | |
MPLX | A | -2.9% | |
EPD | A | -2.75% | |
OHI | A | -2.73% | |
BGX | A | -2.71% | |
GSBD | A | -2.68% | |
SLRC | A | -2.68% | |
JQC | A | -2.67% | |
EFT | A | -2.67% | |
JFR | A | -2.66% | |
LTC | A | -2.63% | |
SBRA | A | -2.62% | |
GBDC | C | -2.6% | |
ARCC | A | -2.6% | |
FSD | A | -2.58% | |
FCT | B | -2.57% | |
USAC | D | -2.52% | |
BLW | A | -2.52% | |
ALX | B | -2.52% | |
DSU | A | -2.5% | |
BSM | C | -2.48% | |
FDUS | B | -2.47% | |
NBB | B | -2.45% | |
FSK | A | -2.45% | |
NNN | B | -2.44% | |
PK | D | -2.43% | |
DMLP | C | -2.43% | |
CQP | C | -2.38% | |
NMFC | C | -2.38% | |
GLPI | C | -2.26% | |
GTY | D | -2.25% | |
EPR | C | -2.14% |
ERNZ: Top Represented Industries & Keywords
Industries:
Shipping & Ports
Asset Management
Credit Services
Insurance - Property & Casualty
REIT - Diversified
Keywords:
Ships
Tanker
Aframax
ETF
Exchange Traded Fund
Large Crude Carrier
Oil Tanker
Suezmax
Boiler
Brandywine Realty Trust
Business Development
Business Development Company
Casualty Insurance Products
Cna Financial
Communication Devices
Crude Oil
Crude Oil Tanker
Crude Oil Tankers
Finance Investments
Gas Carrier
HIPS: Top Represented Industries & Keywords
Industries:
Asset Management
Oil & Gas Midstream
REIT - Retail
REIT - Healthcare Facilities
Oil & Gas E&P
REIT - Diversified
Credit Services
Oil & Gas Equipment & Services
Oil & Gas Pipelines
REIT - Hotel & Motel
Keywords:
ETF
Exchange Traded Fund
Real Estate Investment Trust
Crude Oil
Bond
Business Development
Natural Gas
Petroleum Industry
Midstream
Mutual Fund
Assisted Living
Debt
Gas Processing
Gas Storage Facilities
Loan
Mezzanine Capital
Natural Gas Liquids
Natural Gas Processing
Natural Gas Storage
Natural Gas Storage Facilities