ERNZ vs. NDOW ETF Comparison

Comparison of TrueShares Active Yield ETF (ERNZ) to Anydrus Advantage ETF (NDOW)

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

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.02

Average Daily Volume

2,597

Number of Holdings ^*

37

* may have additional holdings in another (foreign) market

Performance

Period	ERNZ	NDOW
30 Days	-0.66%	-0.92%
60 Days	-0.51%	-1.17%
90 Days	0.24%	-0.44%
12 Months

3 Overlapping Holdings

	Symbol	Grade	Weight in ERNZ	Weight in NDOW	Overlap
	ABBV	F	1.08%	0.5%	0.5%
	BCC	B	3.05%	0.86%	0.86%
	VGLT	D	0.1%	2.83%	0.1%

ERNZ Overweight 165 Positions Relative to NDOW

	Symbol	Grade	Weight
	CLM	B	3.79%
	TCPC	C	3.51%
	FSK	A	3.48%
	OXLC	B	3.31%
	INSW	F	3.07%
	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%
	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%
	DAC	C	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%
	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%
	RDY	F	0.06%
	USA	B	0.06%
	PG	C	0.06%
	ARI	C	0.05%
	PFLT	D	0.04%
	IEF	F	0.04%

ERNZ Underweight 34 Positions Relative to NDOW

	Symbol	Grade	Weight
	FLIA	C	-9.25%
	IBTH	D	-8.45%
	VGIT	D	-8.32%
	IEI	D	-6.88%
	XEMD	A	-6.18%
	SCHI	D	-4.92%
	IDMO	C	-4.91%
	BSJS	A	-4.58%
	SPMO	A	-4.39%
	BKLC	A	-4.35%
	SCHD	A	-4.25%
	XSVN	F	-3.86%
	GLTR	C	-2.66%
	SRE	A	-1.03%
	ETN	A	-1.01%
	JPM	A	-0.99%
	NEE	C	-0.85%
	NXPI	D	-0.8%
	FCX	F	-0.8%
	NICE	D	-0.68%
	MPWR	F	-0.63%
	OGN	F	-0.62%
	ESEA	D	-0.62%
	VRTX	D	-0.62%
	BNTX	C	-0.61%
	FINV	B	-0.58%
	BABA	D	-0.58%
	BIDU	F	-0.52%
	YY	B	-0.49%
	NTES	D	-0.49%
	INFY	C	-0.48%
	E	F	-0.46%
	PBR	D	-0.45%
	REGN	F	-0.42%

ERNZ: Top Represented Industries & Keywords

Industries: Asset Management Shipping & Ports Oil & Gas E&P REIT - Diversified Household & Personal Products Packaged Foods Beverages - Soft Drinks Capital Markets Drug Manufacturers - Major Specialty Retail Tobacco Auto & Truck Dealerships Business Services Gold Grocery Stores Oil & Gas Drilling Oil & Gas Refining & Marketing REIT - Healthcare Facilities REIT - Industrial REIT - Office

Keywords: Exchange Traded Fund ETF S&P 500 Bond Private Equity Structured Finance Real Estate Investment Trust Bond Market Loan U.S. Treasury Business Development Mezzanine Capital Mortgage Backed Security Mortgage Loan Bloomberg Barclays Us Aggregate Bond Index Index Fund U.S. Government Crude Oil Debt Securities Debt

NDOW: Top Represented Industries & Keywords

Industries: Biotechnology Internet Content & Information Oil & Gas Integrated Semiconductors Banks - Global Copper Credit Services Drug Manufacturers - General Drug Manufacturers - Major Information Technology Services Lumber & Wood Production Shipping & Ports Software - Application Specialty Industrial Machinery Specialty Retail Utilities - Diversified Utilities - Regulated Electric

Keywords: Exchange Traded Fund S&P 500 ETF Bond Nasdaq 100 Bloomberg Barclays Us Aggregate Bond Index Natural Gas Stock Market Index U.S. Treasury Bond Market Computing Electricity U.S. Government Atopic Dermatitis Autoimmune Disease Banking Biotechnology Bond Market Indices Breakthrough Therapy Business Consulting