Trueshares Active Yield Etf Profile

ERNZ Etf   25.00  0.04  0.16%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
TrueShares Active is trading at 25.00 as of the 28th of November 2024; that is 0.16 percent increase since the beginning of the trading day. The etf's open price was 24.96. TrueShares Active has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for TrueShares Active Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
TrueShares Active is entity of United States. It is traded as Etf on NASDAQ exchange. More on TrueShares Active Yield

Moving together with TrueShares Etf

  0.61VIG Vanguard DividendPairCorr

TrueShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Broad Market ETFs, Large Blend (View all Sectors)
IssuerTrueMark Investments
Inception Date2024-04-30
Entity TypeRegulated Investment Company
Asset Under Management154.25 Million
Asset TypeMulti Asset
CategoryStrategy
FocusBroad Market
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorTrueMark Investments, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMichael Clements
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents185
Market MakerWolverine Trading
Total Expense0.75
Management Fee0.75
Country NameUSA
CodeERNZ
Updated At27th of November 2024
NameTrueShares Active Yield ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01MNWNN26
TypeETF
TrueShares Active Yield [ERNZ] is traded in USA and was established null. The fund is listed under Large Blend. The entity is thematically classified as Strategy ETFs. TrueShares Active Yield currently have in assets under management (AUM).
Check TrueShares Active Probability Of Bankruptcy

Geographic Allocation (%)

TrueShares Active Yield Currency Exposure

TrueShares Active Yield holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of TrueShares Active will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in TrueShares Active Yield.

Top TrueShares Active Yield Etf Constituents

RYLDGlobal X RussellEtfDerivative Income
ARCHArch ResourcesStockEnergy
KKellanovaStockConsumer Staples
PEPPepsiCoStockConsumer Staples
SAHSonic AutomotiveStockConsumer Discretionary
SQMSociedad Quimica yStockMaterials
HRZNHorizon Technology FinanceStockFinancials
UTGReaves Utility IfFundAsset Management
More Details

TrueShares Active Yield Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TrueShares Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

TrueShares Active Against Markets

When determining whether TrueShares Active Yield offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueShares Active's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trueshares Active Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Trueshares Active Yield Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TrueShares Active Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of TrueShares Active Yield is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Active's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueShares Active's market value can be influenced by many factors that don't directly affect TrueShares Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueShares Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.