LRNZ vs QTUM

LRNZCTrueShares Technology, AI and Deep Learning ETF

QTUMADefiance Quantum ETF

In short

LRNZ The 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.

QTUM Live since 2018, QTUM turns the quantum-computing story into a plain index fund: about 90 global names spanning quantum hardware and machine learning, for 0.40% a year.

Stated mandate

LRNZ 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.

QTUM The Fund seeks to track, before fees and expenses, the total return of the BlueStar® Quantum Computing and Machine Learning Index. It uses a passive indexing approach.

Why people hold it

• LRNZ 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.

• QTUM 0.40% a year against a 0.68% median for its AI-theme cohort, and it undercuts peers like WTAI (0.45%) and ALAI (0.55%).
• Rules-based by design: it tracks the BlueStar Quantum Computing and Machine Learning Index, so no manager is hand-picking which quantum story wins.
• About 90 holdings across global markets, so the theme rides on a basket instead of two or three pure plays.
• Size and liquidity back it up: a multi-billion-dollar fund that trades actively, and one of the stronger implementations in its thematic peer group.

Worth knowing

• LRNZ 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.

• QTUM Risk is the softest part of the profile. One narrow, early-stage theme in a single asset class means sharper swings than a broad-market fund.
• The index covers machine learning as well as quantum, so part of the basket is familiar AI exposure rather than quantum specialists.
• Distributions come quarterly, but a growth theme like this is not built around income.

Full LRNZ profile⁠

Full QTUM profile⁠