Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
TrueShares Active Yield ETF (ERNZ)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: ERNZ (1-star) is a SELL. SELL since 5 days. Profits (-0.50%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -10.47% | Avg. Invested days 24 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 20.17 - 23.93 | Updated Date 06/30/2025 |
52 Weeks Range 20.17 - 23.93 | Updated Date 06/30/2025 |
Upturn AI SWOT
TrueShares Active Yield ETF
ETF Overview
Overview
The TrueShares Active Yield ETF (YYY) is an actively managed ETF seeking current income and capital appreciation by investing in a diversified portfolio of high-yield securities.
Reputation and Reliability
TrueShares is a relatively new ETF issuer, focused on active management strategies. Their reputation is building, and their reliability is yet to be fully established over a long period.
Management Expertise
The management team consists of experienced portfolio managers specializing in fixed income and high-yield investments.
Investment Objective
Goal
To seek current income and capital appreciation.
Investment Approach and Strategy
Strategy: The fund employs an active management strategy, selecting securities based on fundamental research and macroeconomic analysis rather than tracking a specific index.
Composition The ETF holds a mix of high-yield corporate bonds, preferred stocks, and other income-generating securities.
Market Position
Market Share: The TrueShares Active Yield ETF holds a small market share within the broader high-yield ETF market.
Total Net Assets (AUM): 60873480
Competitors
Key Competitors
- HYG
- JNK
- SPHY
Competitive Landscape
The high-yield ETF market is dominated by larger, more established funds like HYG and JNK. YYY, as an actively managed fund, aims to differentiate itself through its investment selection process and active risk management. YYY's active management may offer potential advantages in certain market environments but also comes with higher expense ratios compared to passive index trackers.
Financial Performance
Historical Performance: Historical performance data should be obtained from official fund documentation and financial data providers to reflect past returns.
Benchmark Comparison: YYY does not track a specific benchmark index; performance should be compared against broad high-yield market benchmarks such as the Bloomberg Barclays U.S. Corporate High Yield Index.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
Average trading volume is moderate, which can impact the ease of buying and selling shares, especially in larger quantities.
Bid-Ask Spread
The bid-ask spread is generally moderate, but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, credit spreads, and overall market sentiment significantly impact YYY's performance. The fund is also affected by the performance of the high-yield debt market.
Growth Trajectory
YYY's growth trajectory depends on its ability to attract assets under management and generate competitive returns relative to its peers. Active management decisions drive changes in strategy and holdings.
Moat and Competitive Advantages
Competitive Edge
YYY's competitive advantage lies in its active management strategy, which aims to identify and capitalize on investment opportunities within the high-yield market. The fund's managers conduct fundamental research and utilize macroeconomic analysis to make informed investment decisions. This active approach provides the flexibility to adjust the portfolio in response to changing market conditions. However, the success of this strategy relies on the skill and expertise of the management team.
Risk Analysis
Volatility
YYY's volatility is influenced by the high-yield securities it holds. These securities tend to be more volatile than investment-grade bonds.
Market Risk
YYY is subject to market risk, including interest rate risk, credit risk, and liquidity risk. Changes in interest rates can impact bond prices, while credit risk involves the possibility of issuers defaulting on their debt obligations.
Investor Profile
Ideal Investor Profile
YYY is suitable for investors seeking current income and capital appreciation and who are comfortable with a moderate level of risk associated with high-yield investments.
Market Risk
YYY may be more suitable for long-term investors who understand and are willing to accept the risks associated with active management and high-yield securities.
Summary
The TrueShares Active Yield ETF aims to provide income and capital appreciation through active management of high-yield securities. It is relatively new in the market and attempts to differentiate itself through active security selection. The fund's performance depends significantly on the manager's expertise. Investors should carefully consider the fund's expense ratio and risks before investing, considering its place in a diversified portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- TrueShares Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consultation with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About TrueShares Active Yield ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.