Elevation Series Trust TrueShares Active Yield ETF (ERNZ)

• Market cap: $147M
• 1 day: 0.09%
• 5 days: -0.31%
• 1 month: 1.25%
• 3 months: 1.84%
• 6 months: -3.62%
• Year to date: -6.09%
• 1 year: -10.37%
• 5 years: -7.4%
• 10 years: -7.4%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0.65% more ownership

Funds ownership: 97.55% [Q1] → 98.2% (+0.65%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

1% less capital invested

Capital invested by funds: $150M [Q1] → $148M (-$1.9M) [Q2]

20% less funds holding

Funds holding: 5 [Q1] → 4 (-1) [Q2]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2