Key stats
About TrueShares Active Yield ETF
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Inception date
Apr 30, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Truemark Investments LLC
Distributor
Foreside Fund Services LLC
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
What's in the fund
Exposure type
Finance
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ERNZ trades at 22.22 USD today, its price has fallen −0.17% in the past 24 hours. Track more dynamics on ERNZ price chart.
ERNZ net asset value is 22.21 today — it's risen 4.53% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ERNZ assets under management is 150.37 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ERNZ price has risen by 1.98% over the last month, and its yearly performance shows a −13.37% decrease. See more dynamics on ERNZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.34% decrease in three-month performance and has decreased by −2.52% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.34% decrease in three-month performance and has decreased by −2.52% in a year.
ERNZ fund flows account for 78.40 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ERNZ invests in stocks. See more details in our Analysis section.
ERNZ expense ratio is 3.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ERNZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ERNZ technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ERNZ shows the sell signal. See more of ERNZ technicals for a more comprehensive analysis.
Today, ERNZ technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ERNZ shows the sell signal. See more of ERNZ technicals for a more comprehensive analysis.
Yes, ERNZ pays dividends to its holders with the dividend yield of 8.93%.
ERNZ trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ERNZ shares are issued by Truemark Group LLC
ERNZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 30, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.