TrueShares Technology, AI and Deep Learning ETF
$69.48−0.13 (−0.19%)
- Expense ratio
- 0.68%
- Fund size
- $43M
- 1Y return
- +50.5%
- Yield · Last 12 months
- 0.00%
- Holdings
- 26
- Volume · 30D
- 0M sh
- NAV per share
- $67.91
- 52W range
The ETF.net LRNZ Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 43Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 76Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 50Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 43Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
Our read on LRNZ
CThe stock-picker's AI fund. TrueShares launched LRNZ in 2020 and runs a couple dozen high-conviction technology and deep-learning names instead of a broad index basket. Concentrated by design, active by mandate.
The Fund is an actively managed ETF investing at least 80% of its net assets in common stock of technology, artificial intelligence, and deep learning companies. Its selection process emphasizes companies with substantial technology-related revenue, profit, or research-and-development exposure and competitive advantages in these fields.
Why people hold it
- Actively managed and deliberately concentrated at roughly two dozen holdings, so each pick carries real weight rather than being diluted across hundreds of names.
- Live since 2020, before AI became the loudest trade on the tape. That gives it a multi-year record across very different tech markets, not a post-hype launch.
- At least 80% of net assets sit in technology, AI and deep-learning companies, screened for real tech revenue, profit or R&D exposure rather than an AI mention in the deck.
- What is inside matches the label: the portfolio stays close to its stated AI and deep-learning mandate instead of drifting into generic megacap tech.
Worth knowing
- The 0.68% fee lands at the category median, while big index-based rivals such as XAIX (0.35%) and QTUM (0.40%) charge less for a wider basket.
- Concentration cuts both ways. With only a couple dozen positions, a single stumbling holding moves this fund far more than it would a broad AI index.
- One of the smaller and more thinly traded funds in the AI group, so spreads and order execution matter more here than with the category heavyweights.
LRNZ Holdings
- Stocks
- 26
- 54%
- NET
Sectors
- Technology78.7%
- Health Care17.6%
- Communication3.7%
Geography
- United States94.20%
- United Kingdom3.12%
- South Korea2.68%
LRNZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | LRNZ |
|---|---|
| Year to date | +46.2% |
| 1 month | +11.2% |
| 3 months | +14.9% |
| 1 year | +50.5% |
| 3 years | +33.7% |
| 5 years | +7.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | LRNZ |
|---|---|---|
| 2026 YTD | +46.2% | |
| 2025 | +22.3% | |
| 2024 | +2.0% | |
| 2023 | +67.1% | |
| 2022 | −51.5% | |
| 2021 | −1.0% | |
| 2020 | +87.8% |
LRNZ in the news
ETF.net Research hasn’t filed on LRNZ yet — coverage lands here as it’s written.
LRNZ Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 29, 2021 | Dec 31, 2021 | $0.06 |
LRNZ Risk
- 33.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.73
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −61.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LRNZ Cost
- The middle half of Artificial Intelligence funds
- Median 0.65%
16 of the 30 Artificial Intelligence funds charge less.