Key stats
About TrueShares Active Yield ETF
Expense ratio
0.75%
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Inception date
Apr 30, 2024
ERNZ aims to deliver higher yield compared to the S&P 500 Index, while secondarily focusing on capital preservation and long-term capital growth. The fund is actively managed and uses a holistic approach to construct a portfolio of income-generating investments derived from quantitative and qualitative analysis. The initial universe includes common stock, closed-end funds, mutual funds, ETFs, REITs, BDCs, MLPs, ADRs, ETNs and royalty trusts. Using proprietary research tools, the fund screens these securities based on several factors such as yield, volatility and price movement of potential investments in relation to each other. This results in a series of model portfolios to which a quantitative analysis is applied, resulting in a portfolio that consists of 50 to 150 securities. This method is repeated monthly to align the portfolio securities to its investment objective.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Mutual fund
ETF
Stocks67.98%
Finance26.54%
Transportation9.98%
Consumer Non-Durables7.58%
Retail Trade7.52%
Health Technology5.00%
Miscellaneous3.75%
Utilities2.97%
Producer Manufacturing1.87%
Distribution Services1.05%
Energy Minerals0.74%
Non-Energy Minerals0.27%
Process Industries0.15%
Consumer Durables0.14%
Electronic Technology0.12%
Consumer Services0.10%
Commercial Services0.06%
Industrial Services0.06%
Communications0.05%
Technology Services0.05%
Bonds, Cash & Other32.02%
Mutual fund18.73%
ETF13.08%
Cash0.22%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history