Frequently Asked Questions About ERNZ

What does ERNZ invest in?

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.

What is the expense ratio of ERNZ?

TrueShares Active Yield ETF (ERNZ) charges an expense ratio of 3.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ERNZ?

TrueShares Active Yield ETF (ERNZ) manages $5.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ERNZ actively managed or an index fund?

ERNZ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ERNZ launched?

TrueShares Active Yield ETF (ERNZ) launched in April 2024 and is managed by TrueShares.

How has ERNZ performed?

ERNZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

ERNZ (TrueShares Active Yield ETF) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

ERNZ

TrueShares Active Yield ETF

NASDAQ·Asset Management · Financial Services

$21.32$0.02+0.09%

Market closed·Mar 24 8:00 PM UTC

Price Chart

$21.32+$0.02 (+0.09%)today

−12.84%CAGR −5.99%

Select date range

FromTo

May 1, 2024May 1, 2024 → Jul 23, 2026· 2.2 yrsJul 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$1.05

Distribution Yield (FWD)4.91%

Annual Distribution (TTM)—

Distribution Yield (TTM)0.00%

Distribution Growth (5Y)—

FrequencyMonthly

Most Recent$0.09

Ex-Dividend DateFeb 26

Payment DateFeb 27

DiversificationDiversification Tab

Holdings144

Top 10 Weight22.1%

Top 25 Weight45.1%

Effective Holdings83

Sectors11

Largest HoldingSALXX · 2.7%

Largest SectorFinancial Services · 24.6%

Asset ClassEquity

StrategyThematic

Cost & RiskExpenses Tab

Expense Ratio3.25%

Cost per 10k Invested$325

AUM$5.55M

Avg Daily Volume62.77K

Price$21.32

NAV$21.34

Premium / Discount−0.09%

52-Week Range$20.38 – $23.40

Beta0.48

Fund Overview

Cost Verdict

Is ERNZ's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: TrueShares
Asset Class: Equity
Strategy: Thematic
Inception: April 29, 2024
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US2103227235
CUSIP: 210322723
Website: www.true-shares.com/etf/ernz

Peers

Peers Tab

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

Cap

$155.7M

PIE

Invesco Dorsey Wright Emerging Markets Momentum ETF

Cap

$161.1M

IEZ

iShares U.S. Oil Equipment & Services ETF

Cap

$139.3M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About ERNZ

What does ERNZ invest in?: 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.
What is the expense ratio of ERNZ?: TrueShares Active Yield ETF (ERNZ) charges an expense ratio of 3.25%. This is the annual fee deducted from fund assets to cover management and operations.
How big is ERNZ?: TrueShares Active Yield ETF (ERNZ) manages $5.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is ERNZ actively managed or an index fund?: ERNZ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was ERNZ launched?: TrueShares Active Yield ETF (ERNZ) launched in April 2024 and is managed by TrueShares.
How has ERNZ performed?: ERNZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.