Trueshares Active Yield Etf Profile
ERNZ Etf | 25.00 0.04 0.16% |
Performance5 of 100
| Odds Of DistressLess than 9
|
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
TrueShares Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Broad Market ETFs, Large Blend (View all Sectors) |
Issuer | TrueMark Investments |
Inception Date | 2024-04-30 |
Entity Type | Regulated Investment Company |
Asset Under Management | 154.25 Million |
Asset Type | Multi Asset |
Category | Strategy |
Focus | Broad Market |
Market Concentration | Blended Development |
Region | Global |
Administrator | U.S. Bancorp Fund Services, LLC |
Advisor | TrueMark Investments, LLC |
Custodian | U.S. Bank, N.A. |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Michael Clements |
Transfer Agent | U.S. Bancorp Fund Services, LLC |
Fiscal Year End | 31-Dec |
Exchange | NASDAQ |
Number of Constituents | 185 |
Market Maker | Wolverine Trading |
Total Expense | 0.75 |
Management Fee | 0.75 |
Country Name | USA |
Code | ERNZ |
Updated At | 27th of November 2024 |
Name | TrueShares Active Yield ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01MNWNN26 |
Type | ETF |
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
RYLD | Global X Russell | Etf | Derivative Income | |
ARCH | Arch Resources | Stock | Energy | |
K | Kellanova | Stock | Consumer Staples | |
PEP | PepsiCo | Stock | Consumer Staples | |
SAH | Sonic Automotive | Stock | Consumer Discretionary | |
SQM | Sociedad Quimica y | Stock | Materials | |
HRZN | Horizon Technology Finance | Stock | Financials | |
UTG | Reaves Utility If | Fund | Asset Management |
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.
Risk Adjusted Performance | 0.0301 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.18) |
TrueShares Active Against Markets
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.