MDIV vs. ERNZ ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to TrueShares Active Yield ETF (ERNZ)

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.67

Average Daily Volume

85,716

Number of Holdings ^*

103

* 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

$24.82

Average Daily Volume

10,835

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	ERNZ
30 Days	1.10%	-1.64%
60 Days	0.55%	-1.01%
90 Days	3.73%	1.17%
12 Months	18.30%

9 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in ERNZ	Overlap
DVN	F	0.36%	0.15%	0.15%
FANG	C	0.47%	0.91%	0.47%
GILD	B	0.44%	0.9%	0.44%
GIS	D	0.3%	0.15%	0.15%
IIPR	F	0.71%	0.07%	0.07%
KMB	C	0.31%	0.09%	0.09%
KRP	B	1.27%	2.27%	1.27%
LADR	B	1.03%	0.08%	0.08%
PMT	D	1.47%	0.25%	0.25%

MDIV Overweight 94 Positions Relative to ERNZ

Symbol	Grade	Weight
HYLS	A	20.0%
IEP	F	1.51%
ARLP	A	1.41%
DMLP	A	1.3%
BSM	B	1.28%
DKL	C	1.2%
CAPL	D	1.17%
USAC	B	1.16%
AGNCN	A	1.09%
APLE	B	1.05%
EPR	D	0.99%
GLP	A	0.96%
MPLX	A	0.95%
LTC	B	0.94%
CQP	B	0.92%
ET	A	0.91%
NRP	B	0.89%
WES	C	0.86%
GTY	A	0.84%
HST	D	0.83%
EPD	A	0.82%
FITBI	A	0.79%
GLPI	C	0.79%
CHSCO	C	0.78%
SPG	A	0.77%
CHSCL	B	0.76%
SUN	C	0.74%
AAT	A	0.72%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
VICI	C	0.71%
FCPT	C	0.71%
CHSCM	D	0.69%
PAGP	A	0.67%
NHI	D	0.65%
WU	F	0.64%
NNN	C	0.64%
BRX	A	0.63%
ALEX	A	0.62%
LAMR	D	0.61%
VZ	C	0.6%
CTRE	C	0.6%
T	A	0.6%
CDP	D	0.58%
REG	A	0.57%
MAA	B	0.57%
PSA	D	0.56%
CUBE	D	0.56%
BMY	B	0.55%
CHRD	F	0.54%
ENLC	A	0.51%
OKE	A	0.51%
TROW	B	0.46%
DTM	A	0.45%
NWE	C	0.45%
EVRG	A	0.44%
GEL	D	0.44%
ETR	A	0.44%
BKH	A	0.43%
AVA	C	0.43%
HMN	B	0.42%
PINC	B	0.42%
SR	A	0.42%
LYB	F	0.41%
CVX	A	0.41%
PRU	B	0.4%
PNM	B	0.39%
XEL	A	0.39%
VTRS	A	0.39%
EXC	C	0.38%
CAG	D	0.38%
OGS	A	0.38%
KHC	F	0.38%
ES	C	0.37%
FLO	D	0.37%
WEC	A	0.37%
POR	C	0.36%
PNC	B	0.36%
MSM	D	0.36%
DRI	C	0.36%
FE	C	0.35%
IBM	C	0.34%
IPG	D	0.34%
EIX	C	0.34%
DUK	C	0.34%
NJR	A	0.34%
SJM	D	0.33%
FAF	A	0.33%
SON	D	0.32%
NFG	A	0.32%
MDT	D	0.31%
AEP	C	0.31%
NMM	C	0.05%

MDIV Underweight 159 Positions Relative to ERNZ

Symbol	Grade	Weight
CLM	B	-3.79%
TCPC	C	-3.51%
FSK	A	-3.48%
OXLC	B	-3.31%
INSW	F	-3.07%
BCC	C	-3.05%
CRF	B	-2.98%
GBDC	B	-2.98%
TSLX	C	-2.89%
WSO	A	-2.69%
QYLD	A	-2.44%
KR	B	-1.7%
NEP	F	-1.54%
GOF	A	-1.51%
ABR	C	-1.36%
DHT	D	-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	D	-1.0%
BKLN	A	-0.97%
RC	D	-0.93%
CWH	C	-0.91%
DKS	D	-0.87%
CLX	A	-0.87%
XMHQ	B	-0.86%
AOD	D	-0.78%
SPTN	F	-0.77%
TRGP	A	-0.76%
TFLO	A	-0.74%
ARES	A	-0.73%
ECC	D	-0.73%
AGNC	C	-0.73%
DX	B	-0.71%
ACP	A	-0.61%
USFR	A	-0.54%
LRCX	F	-0.51%
DAC	B	-0.51%
FRO	D	-0.46%
GBIL	A	-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	D	-0.26%
GNK	C	-0.26%
CNA	C	-0.26%
KREF	D	-0.24%
ARCH	B	-0.24%
LVHI	A	-0.24%
NEAR	C	-0.23%
PULS	A	-0.22%
RA	C	-0.21%
NMFC	D	-0.21%
BTI	A	-0.21%
BAH	F	-0.2%
BIZD	A	-0.2%
UNIT	B	-0.2%
SCHO	C	-0.2%
MPC	C	-0.19%
WINA	B	-0.18%
FLBL	A	-0.18%
APAM	B	-0.18%
CWEN	C	-0.18%
SAH	B	-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	D	-0.16%
ARCC	A	-0.16%
PAG	C	-0.16%
VNLA	A	-0.16%
LYTS	B	-0.15%
BGS	F	-0.15%
VRIG	A	-0.15%
ETD	D	-0.15%
ICSH	A	-0.15%
FLTR	A	-0.15%
ROL	B	-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	C	-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	F	-0.11%
HLI	A	-0.11%
CVI	D	-0.11%
USDU	A	-0.11%
JMST	A	-0.11%
FTSM	A	-0.11%
SHY	C	-0.11%
IPAR	B	-0.11%
HRB	D	-0.11%
AMRK	D	-0.11%
HSY	F	-0.1%
FHI	B	-0.1%
VGLT	D	-0.1%
SQM	D	-0.1%
PNNT	B	-0.1%
RYLD	A	-0.1%
PCAR	C	-0.1%
DEA	D	-0.1%
UVV	B	-0.09%
UTG	A	-0.09%
EDV	D	-0.09%
WMK	B	-0.09%
FLOT	A	-0.09%
ZROZ	D	-0.09%
JPST	A	-0.09%
XYLD	A	-0.09%
AGZD	A	-0.08%
KOF	F	-0.08%
K	A	-0.08%
LGOV	C	-0.08%
OLN	F	-0.08%
SJNK	A	-0.08%
ASC	D	-0.08%
PFE	F	-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%
NGG	D	-0.07%
CL	D	-0.07%
RDY	D	-0.06%
USA	A	-0.06%
PG	C	-0.06%
ARI	C	-0.05%
PFLT	D	-0.04%
IEF	F	-0.04%