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ERNZ vs. SPTM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ERNZ vs. SPTM

Last updated Jun 4, 2026

ERNZ (TrueShares Active Yield ETF) and SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) are both Large Cap Blend Equities funds. ERNZ is actively managed, while SPTM is passively managed. Over the past year, ERNZ returned 2.28% vs 27.84% for SPTM. A 0.59 correlation means they provide meaningful diversification when combined. ERNZ charges 0.75%/yr vs 0.03%/yr for SPTM.

Performance

ERNZ vs. SPTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Active Yield ETF (ERNZ) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ERNZ achieves a 4.89% return, which is significantly lower than SPTM's 11.10% return.

ERNZ

1D
0.00%
1M
0.00%
YTD
4.89%
6M
3.58%
1Y
2.28%
3Y*
—
5Y*
—
10Y*
—

SPTM

1D
-0.67%
1M
4.87%
YTD
11.10%
6M
11.13%
1Y
27.84%
3Y*
21.90%
5Y*
13.38%
10Y*
15.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ERNZ vs. SPTM - Yearly Performance Comparison

2026 (YTD)20252024
ERNZ
TrueShares Active Yield ETF		4.89%-6.50%3.43%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		11.10%16.93%17.74%

Correlation

The correlation between ERNZ and SPTM is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (All Time)
Calculated using the full available price history since May 2, 2024

0.59

The correlation between ERNZ and SPTM shifts across timeframes, from 0.45 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

ERNZ vs. SPTM - Sectors Allocation Comparison

Sectors
ERNZ
SPTM

Financial Services

24.6%
12.1%

Energy

23.0%
3.7%

Consumer Cyclical

10.1%
10.3%

Consumer Defensive

8.7%
4.8%

Real Estate

8.7%
2.3%

Basic Materials

6.1%
2.0%

Healthcare

5.8%
8.6%

Communication Services

3.5%
10.5%

Utilities

3.5%
2.3%

Technology

3.3%
34.0%

Industrials

2.9%
9.4%

Financial Services

ERNZ
24.6%
SPTM
12.1%

Energy

ERNZ
23.0%
SPTM
3.7%

Consumer Cyclical

ERNZ
10.1%
SPTM
10.3%

Consumer Defensive

ERNZ
8.7%
SPTM
4.8%

Real Estate

ERNZ
8.7%
SPTM
2.3%

Basic Materials

ERNZ
6.1%
SPTM
2.0%

Healthcare

ERNZ
5.8%
SPTM
8.6%

Communication Services

ERNZ
3.5%
SPTM
10.5%

Utilities

ERNZ
3.5%
SPTM
2.3%

Technology

ERNZ
3.3%
SPTM
34.0%

Industrials

ERNZ
2.9%
SPTM
9.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

TrueShares Active Yield ETF

SPDR Portfolio S&P 1500 Composite Stock Market ETF

Often compared with ERNZ:
ERNZ vs. PCEFERNZ vs. BDGSERNZ vs. DECZERNZ vs. JULZERNZ vs. AUGZERNZ vs. JANZERNZ vs. SPY
Often compared with SPTM:
SPTM vs. VTISPTM vs. SPYSPTM vs. VOOSPTM vs. ITOTSPTM vs. SCHGSPTM vs. BKLCSPTM vs. SCHD

Return for Risk

ERNZ vs. SPTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ERNZ
ERNZ Risk / Return Rank: 1212
Overall Rank
ERNZ Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
ERNZ Sortino Ratio Rank: 1212
Sortino Ratio Rank
ERNZ Omega Ratio Rank: 1212
Omega Ratio Rank
ERNZ Calmar Ratio Rank: 1111
Calmar Ratio Rank
ERNZ Martin Ratio Rank: 1111
Martin Ratio Rank
SPTM
SPTM Risk / Return Rank: 7070
Overall Rank
SPTM Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
SPTM Sortino Ratio Rank: 6969
Sortino Ratio Rank
SPTM Omega Ratio Rank: 6969
Omega Ratio Rank
SPTM Calmar Ratio Rank: 6464
Calmar Ratio Rank
SPTM Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ERNZ vs. SPTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Active Yield ETF (ERNZ) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

ERNZSPTMDifference
Sharpe ratioReturn per unit of total volatility
0.24
2.36

-2.12

Sortino ratioReturn per unit of downside risk
0.42
3.23

-2.81

Omega ratioGain probability vs. loss probability

1.05

1.43

-0.37

Calmar ratioReturn relative to maximum drawdown

0.22

3.22

-3.00

Martin ratioReturn relative to average drawdown

0.47

15.01

-14.55

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ERNZ vs. SPTM - Sharpe Ratio Comparison

The current ERNZ Sharpe Ratio is 0.24, which is lower than the SPTM Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of ERNZ and SPTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ERNZSPTMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.24

2.36

-2.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.80

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.85

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.46

-0.40

Drawdowns

ERNZ vs. SPTM - Drawdown Comparison

The maximum ERNZ drawdown since its inception was -14.16%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for ERNZ and SPTM.

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Drawdown Indicators

ERNZSPTMDifference

Max Drawdown

Largest peak-to-trough decline

-14.16%

-54.80%

+40.64%

Max Drawdown (1Y)

Largest decline over 1 year

-10.61%

-8.68%

-1.93%

Max Drawdown (3Y)

Largest decline over 3 years

—

-18.87%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.14%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.66%

—

Current Drawdown

Current decline from peak

-5.59%

-0.67%

-4.92%

Average Drawdown

Average peak-to-trough decline

-4.58%

-9.05%

+4.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.88%

1.86%

+3.02%

Volatility

ERNZ vs. SPTM - Volatility Comparison

The current volatility for TrueShares Active Yield ETF (ERNZ) is 0.00%, while SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a volatility of 2.88%. This indicates that ERNZ experiences smaller price fluctuations and is considered to be less risky than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ERNZSPTMDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

2.88%

-2.88%

Volatility (6M)

Calculated over the trailing 6-month period

4.40%

8.92%

-4.52%

Volatility (1Y)

Calculated over the trailing 1-year period

9.75%

11.88%

-2.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.77%

16.87%

-5.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.77%

18.03%

-6.26%

ERNZ vs. SPTM - Expense Ratio Comparison

ERNZ has a 0.75% expense ratio, which is higher than SPTM's 0.03% expense ratio.

Dividends

ERNZ vs. SPTM - Dividend Comparison

ERNZ's dividend yield for the trailing twelve months is around 6.37%, more than SPTM's 1.04% yield.

PositionTTM20252024202320222021202020192018201720162015
ERNZ
TrueShares Active Yield ETF		6.37%9.90%5.51%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		1.04%1.13%1.28%1.44%1.69%1.25%1.56%1.72%1.90%1.66%1.91%1.92%

Frequently Asked Questions

ERNZ and SPTM have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPTM has higher volatility (2.88%) compared to ERNZ (0.00%). In terms of maximum drawdown, ERNZ dropped -14.16% vs SPTM's -54.80%.

On 1-year performance, SPTM leads with 27.84% vs 2.28% for ERNZ. On fees, SPTM is cheaper at 0.03% per year. On volatility, ERNZ has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, SPTM has performed better with a 27.84% return vs 2.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPTM is cheaper with a 0.03% expense ratio, compared with 0.75% for ERNZ.

ERNZ has the higher dividend yield at 6.37%, compared with 1.04% for SPTM.

They also come from different issuers: TrueShares and State Street. Their fees differ too: 0.75% for ERNZ and 0.03% for SPTM.

SPTM currently has the higher Sharpe Ratio (2.36 vs 0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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