TrueShares Active Yield ETF (ERNZ)Moderately Aggressive Allocation | Exchange Traded Fund | NasdaqGM
21.32 USD
+0.02
(0.094%)
⇧
(March 24, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:34 a.m. EDT
The security offers an attractive 8.71% dividend yield, positioning it as a viable income generator with a payout that appears sustainable given the moderate trailing P/E of 14.3x. However, the investment case faces significant headwinds regarding liquidity and momentum. Trading volume is critically thin at just 604 shares, which is less than 1% of the average daily volume, creating substantial friction for entry and exit. Technically, the price is trapped below both the 50-day and 200-day moving averages, indicating a lack of upward momentum and confirming a downtrend relative to recent averages. Furthermore, the price history is insufficient to assess long-term performance trends or validate the durability of the yield over a multi-year horizon. While the yield is compelling, the combination of illiquidity and negative technical structure limits the conviction on both short-term and long-term timelines. |
| Attribute | Value |
|---|---|
| Trailing P/E | 14.30 |
| Attribute | Value |
|---|---|
| All Time High | 25.7772 |
| All Time Low | 20.3819 |
| Ask | 21.42 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 11,409 |
| Average Daily Volume3 Month | 62,771 |
| Average Volume | 62,771 |
| Average Volume10Days | 11,409 |
| Beta3 Year | 0.0 |
| Bid | 21.3 |
| Bid Size | 5 |
| Category | Moderately Aggressive Allocation |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.32 |
| Day Low | 21.3 |
| Dividend Yield | 8.71 |
| Eps Trailing Twelve Months | 1.490889 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.460749 |
| Fifty Day Average Change | -0.14074898 |
| Fifty Day Average Change Percent | -0.0065584374 |
| Fifty Two Week Change Percent | -7.782674 |
| Fifty Two Week High | 23.3981 |
| Fifty Two Week High Change | -2.0781002 |
| Fifty Two Week High Change Percent | -0.088814914 |
| Fifty Two Week Low | 20.3819 |
| Fifty Two Week Low Change | 0.9380989 |
| Fifty Two Week Low Change Percent | 0.046026077 |
| Fifty Two Week Range | 20.3819 - 23.3981 |
| First Trade Date Milliseconds | 1,774,359,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | TrueShares |
| Fund Inception Date | 1,714,435,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-05-01 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | TrueShares Active Yield ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1878198244 |
| Nav Price | 21.3493 |
| Net Assets | 56,141,272.0 |
| Net Expense Ratio | 3.25 |
| Open | 21.3 |
| Previous Close | 21.3 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.020000458 |
| Regular Market Change Percent | 0.09389886 |
| Regular Market Day High | 21.32 |
| Regular Market Day Low | 21.3 |
| Regular Market Day Range | 21.3 - 21.32 |
| Regular Market Open | 21.3 |
| Regular Market Previous Close | 21.3 |
| Regular Market Price | 21.32 |
| Regular Market Time | 1,774,382,400 |
| Regular Market Volume | 604 |
| Short Name | TrueShares Active Yield ETF |
| Source Interval | 15 |
| Symbol | ERNZ |
| Total Assets | 56,141,272 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 14.300193 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.96841 |
| Trailing Three Month Returns | 4.96841 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.740149 |
| Two Hundred Day Average Change | -0.42014885 |
| Two Hundred Day Average Change Percent | -0.019325942 |
| Type Disp | ETF |
| Volume | 604 |
| Yield | 0.0871 |
| Ytd Return | 6.66354 |