ERNZ vs USMC
TrueShares Active Yield ETF vs Principal U.S. Mega-Cap ETF
Which is better, ERNZ or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y and the full window. ERNZ is less concentrated, with 22.5% of the fund in its ten largest positions against 55.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ERNZ | USMC |
|---|---|---|
| Expense Ratio | 3.25% | 0.12%Best |
| AUM | $6M | $5.2B |
| Dividend Yield | 8.71% | 0.74% |
| Holdings | 144 | 58 |
| Volatility (annualized) | 9.6%Best | 11.3% |
| Max Drawdown | -14.2%Best | -19.1% |
| $10,000 over 1.9 years | $9,968 | $13,306Best |
| Top 10 Weight | 22.5%Best | 55.3% |
| Fund Family | TrueShares | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 30, 2024 | Oct 11, 2017 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 204 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ERNZ has data through Mar 24, 2026 and USMC through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: May 1, 2024 to Mar 24, 2026 (1.9 years).
Risk: Volatility and Drawdowns
USMC has been the more volatile fund, with annualized monthly volatility of 11.3% compared with 9.6% for ERNZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.2% for ERNZ and -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.29. They move largely independently of each other.
Fees and Cost Over Time
ERNZ charges 3.25% per year while USMC charges 0.12%. On a $10,000 position that is $325 vs $12 annually, a gap of $313 per year that compounds over a long holding period. On income, ERNZ currently yields 8.71% against 0.74% for USMC.
Holdings Overlap
4.1% of ERNZ's money is in holdings USMC also owns. 3.6% of USMC's money is in holdings ERNZ also owns.
ERNZ and USMC share little of their money.
The two holdings books were reported 227 days apart, ERNZ as of Jan 30, 2026 and USMC as of Sep 14, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 141 positions we hold weights for in ERNZ and 27 in USMC, against full books of 144 and 58.
What only one of them owns
Our book lists 25 positions for USMC that do not appear in our book for ERNZ (96.4% of the fund), and 130 for ERNZ that do not appear in USMC (88.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ERNZ and USMC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ERNZ or USMC?
ERNZ has an expense ratio of 3.25% while USMC charges 0.12%. USMC is the cheaper option, by $313 a year on a $10,000 investment.
Which is riskier, ERNZ or USMC?
USMC has been the more volatile fund at 11.3% annualized versus 9.6% for ERNZ. Worst drawdown: ERNZ -14.2% vs USMC -19.1%.
Should I hold both ERNZ and USMC?
ERNZ and USMC have a monthly-return correlation of 0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ERNZ and USMC?
4.1% of ERNZ's money is in holdings USMC also owns. 3.6% of USMC's is in holdings ERNZ also owns. They hold 2 positions in common, counted across the 141 positions we hold weights for in ERNZ and 27 in USMC.
Which pays a higher dividend, ERNZ or USMC?
ERNZ yields 8.71% while USMC yields 0.74%, so ERNZ currently pays the higher dividend yield.
Is USMC better than ERNZ?
USMC has a lower expense ratio. USMC led over 1Y and the full window. ERNZ is less concentrated, with 22.5% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.