TrueShares Active Yield ETF (ERNZ)

Overview

The TrueShares Active Yield ETF (YYY) seeks to provide current income and capital appreciation by investing in a portfolio of dividend-paying U.S. stocks, REITs, and preferred stocks. The fund utilizes an active management approach to select securities and manage risk.

Reputation and Reliability

TrueShares is a relatively new ETF issuer focused on actively managed funds. Their reputation is still developing.

Management Expertise

The management team has experience in active portfolio management and dividend investing.

Goal

To provide current income and capital appreciation.

Investment Approach and Strategy

Strategy: Active management with a focus on dividend-paying U.S. stocks, REITs, and preferred stocks.

Composition Primarily invested in dividend-paying stocks, REITs, and preferred stocks.

Market Share: Data unavailable for accurate market share calculation.

Total Net Assets (AUM): 6715000

Key Competitors

• SCHD
• DVY
• SPYD
• VYM

Competitive Landscape

The ETF industry is highly competitive. YYY faces competition from larger, well-established dividend ETFs. YYY's active management approach could provide an advantage if it generates superior returns, but it also comes with higher expense ratios. Established ETFs like SCHD, DVY, and SPYD offer passive, lower-cost alternatives.

Historical Performance: Historical performance data should be sourced from reputable financial data providers.

Benchmark Comparison: Benchmark comparison depends on the specific index or peer group chosen for comparison and should be sourced from reputable financial data providers.

Expense Ratio: 0.49

Average Trading Volume

The average trading volume impacts the ease of buying and selling shares.

Bid-Ask Spread

A narrower bid-ask spread generally indicates higher liquidity and lower trading costs.

Market Environment Factors

Economic indicators, interest rates, and dividend yield trends influence the performance of dividend-focused ETFs.

Growth Trajectory

The ETF's growth depends on its ability to attract assets and deliver competitive returns.

Competitive Edge

YYY's active management strategy, while potentially beneficial, is not a guarantee of outperformance. The fund aims to provide both income and capital appreciation, differentiating itself from purely income-focused ETFs. The fundu2019s ability to deliver on its dual mandate of income and capital appreciation will determine its long-term success. The active management style may provide flexibility to navigate changing market conditions, a potential advantage over passively managed funds.

Volatility

Volatility should be assessed based on historical price fluctuations and compared to similar ETFs.

Market Risk

The ETF is subject to market risk, interest rate risk, and the risk of its underlying assets, including stocks, REITs, and preferred stocks.

Ideal Investor Profile

Income-seeking investors and those looking for a combination of income and capital appreciation. Investors who understand and are comfortable with active management and its associated risks.

Market Risk

Suitable for long-term investors seeking income and potential growth, and who are comfortable with the higher expenses associated with active management.

The TrueShares Active Yield ETF (YYY) offers investors exposure to a portfolio of dividend-paying U.S. stocks, REITs, and preferred stocks, with a focus on generating both income and capital appreciation. Its active management approach differentiates it from passive dividend ETFs, but also results in a higher expense ratio. Investors should carefully consider their risk tolerance, investment goals, and the fund's historical performance before investing. The fund's success depends on its ability to generate superior returns through active management.

Data Sources:

• Morningstar
• ETF.com
• TrueShares Website

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Market share data is based on available information and may not be fully comprehensive. Performance data is not indicative of future results.