Why Invest in LRNZ
TRUEINNOVATION
AI & DEEP LEARNING CATEGORY KILLERS / CONVICTION THROUGH CONCENTRATION / INDUSTRY EXPERTISE
TrueShares Technology, AI & Deep Learning ETF (LRNZ) seeks to provide thematic exposure to a concentrated portfolio of technology companies that are significantly involved in the application of advanced levels of artificial intelligence within their businesses. LRNZ generally holds 20-30 positions representing companies we believe possess innovative AI and Deep Learning solutions that represent a distinct competitive advantage in a particular industry. A focus on secular growth companies helps lower correlation to broad market indices. LRNZ is led by a portfolio manager with a deep understanding of the technology sector and an ability to conduct extensive qualitative fundamental research.Why Invest in LRNZ
TRUEINNOVATION
AI & DEEP LEARNING CATEGORY KILLERS / CONVICTION THROUGH CONCENTRATION / INDUSTRY EXPERTISE
TrueShares Technology, AI & Deep Learning ETF (LRNZ) seeks to provide thematic exposure to a concentrated portfolio of technology companies that are significantly involved in the application of advanced levels of artificial intelligence within their businesses. LRNZ generally holds 20-30 positions representing companies we believe possess innovative AI and Deep Learning solutions that represent a distinct competitive advantage in a particular industry. A focus on secular growth companies helps lower correlation to broad market indices. LRNZ is led by a portfolio manager with a deep understanding of the technology sector and an ability to conduct extensive qualitative fundamental research.
FUND SUMMARY
About the LRNZ ETF
Fund Details
Data as of 03/31/2024
Inception Date
February 28, 2020
CUSIP
53656F821
Primary Exchange
NYSE
Ticker
LRNZ
Fund Listing
March 2, 2020
IOPV Symbol
N/A
NAV Symbol
LRNZ.NV
Expense Ratio
0.69%
30 Day SEC Yield
-0.34
Fund Data & Pricing
Data as of 04/19/2024
Net Assets as of 04/19/2024
$36.94M
NAV
$34.52
Shares Outstanding
1,070,000
Premium/Discount Percentage
0.04%
Closing Price
$34.53
30 Day Median Bid/Ask Spread
0.10%
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
FUND SUMMARY
About the LRNZ ETF
Fund Details
Data as of 03/31/2024
Inception Date
February 28, 2020
Fund Listing
March 2, 2020
Primary Exchange
NYSE
Ticker
LRNZ
CUSIP
53656F821
IOPV Symbol
N/A
NAV Symbol
LRNZ.NV
Expense Ratio
0.69%
30 Day SEC Yield
-0.34
Fund Materials
Fund Materials
Fund Data & Pricing
Data as of 04/19/2024
Net Assets as of 04/19/2024
$36.94M
NAV
$34.52
Shares Outstanding
1,070,000
Premium/Discount Percentage
0.04%
Closing Price
$34.53
30 Day Median Bid/Ask Spread
0.10%
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
Historical NAV Change
Data as of 04/19/2024
Use the slider below to adjust the time period shown in the graph below.
Fund Materials
Fund Data & Pricing
Data as of 04/19/2024
Net Assets as of 04/19/2024
$36.94M
NAV
$34.52
Shares Outstanding
1,070,000
Premium/Discount Percentage
0.04%
Closing Price
$34.53
30 Day Median Bid/Ask Spread
0.10%
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
Outcome Period Values
Data as of 01/01/1970
ETF Starting NAV/Period Return
SPX Index Reference Price
Downside Buffer
Expected Upside Participation
Days Remaining
/0.0%
| ETF Starting NAV/Period Return | SPX Index Reference Price | Downside Buffer | Expected Upside Participation | Days Remaining |
|---|---|---|---|---|
| 29.24 | 4796 | 10 | 70-72% | 362 |
Outcome Period Values
Data as of 01/01/1970
ETF Starting NAV/Period Return
/0.0%
SP Index Reference Price
Downside Buffer
Expected Upside Participation
Days Remaining
Current Outcome Period Values
Data as of 04/19/2024
ETF Current NAV/Period Return
34.52/
SPX Period Return
Remaining Buffer
Downside Before Buffer
Remaining Outcome Period
-19279
Current Outcome Period Values
Data as of 04/19/2024
| ETF Current NAV/Period Return | SPX Period Return | Remaining Buffer | Downside Before Buffer | Remaining Outcome Period |
|---|---|---|---|---|
| 29.24 | 4796 | 10 | 70-72% | 362 |
ETF Current NAV/Period Return
SPX Period Return
Remaining Buffer
Downside Before Buffer
Remaining Outcome Period
$34.52
-19279 days
Performance
Data as of 03/31/2024
3 Month
6 Month
1 Year
5 Year
Since Inception
Market Price
2.30
31.26
40.96
–
11.59
Fund NAV
2.26
31.24
40.87
–
11.59
NASDAQ Composite Total Return Index
9.31
24.39
35.08
–
18.11
3 Month
6 Month
1 Year
5 Year
Since Inception
Market Price
2.30
31.26
40.96
–
11.59
Fund NAV
2.26
31.24
40.87
–
11.59
NASDAQ Composite Total Return Index
9.31
24.39
35.08
–
18.11
Expense ratio: 0.68%
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for more information. Click here to view or download the factsheet for quarter-end standardized performance.
Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.
The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market. The index measures the performance of all domestic and international based common type stocks listed on the NASDAQ Stock Market. It includes common stocks, ordinary shares, ADRs, shares of beneficial interest or limited partnership interests and tracking stocks. The index is market capitalization-weighted. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for more information. Click here to view or download the factsheet for quarter-end standardized performance.
Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.
The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market. The index measures the performance of all domestic and international based common type stocks listed on the NASDAQ Stock Market. It includes common stocks, ordinary shares, ADRs, shares of beneficial interest or limited partnership interests and tracking stocks. The index is market capitalization-weighted. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.
Performance
Data as of 03/31/2024
| 3 Month | 6 Month | 1 year | 5 Year | Since Inception | |
|---|---|---|---|---|---|
| Market Price | 8.18 | 8.31 | 21.66 | 21.66 | |
| Fund NAV | 8.27 | 8.12 | 21.66 | 21.65 | |
| S&P 500 | 10.65 | 10.91 | 26.89 | 26.89 |
3 Month
6 Month
1 Year
5 Year
Since Inception
3 Month
6 Month
1 Year
5 Year
Since Inception
Market Price
2.30
31.26
40.96
–
11.59
Fund NAV
2.26
31.24
40.87
–
11.59
NASDAQ Composite Total Return Index
9.31
24.39
35.08
–
18.11
Expense ratio: 0.68%
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for more information. Click here to view or download the factsheet for quarter-end standardized performance.
Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.
The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market. The index measures the performance of all domestic and international based common type stocks listed on the NASDAQ Stock Market. It includes common stocks, ordinary shares, ADRs, shares of beneficial interest or limited partnership interests and tracking stocks. The index is market capitalization-weighted. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for more information. Click here to view or download the factsheet for quarter-end standardized performance.
Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.
The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market. The index measures the performance of all domestic and international based common type stocks listed on the NASDAQ Stock Market. It includes common stocks, ordinary shares, ADRs, shares of beneficial interest or limited partnership interests and tracking stocks. The index is market capitalization-weighted. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.
Distribution Detail
| Ex-Date | Record Date | Payable Date | Amount | Rate Type |
|---|---|---|---|---|
| 12/22/2020 | 12/23/2020 | 12/24/2020 | 0.00 | - |
Top 10 Holdings
Data as of 04/22/2024
Top 10 Holdings
Data as of 04/22/2024
| % of Net Assets | Name | Ticker | CUSIP | Shares Held | Market Value |
|---|---|---|---|---|---|
| 12.24% | NVIDIA Corp | NVDA | 67066G104 | 5,933 | 4.52M |
| 8.06% | Crowdstrike Holdings Inc | CRWD | 22788C105 | 10,531 | 2.98M |
| 7.24% | First American Treasury Obligations Fund 01/01/2040 | FXFXX | 31846V328 | 2,675,397 | 2.68M |
| 6.75% | Samsara Inc | IOT | 79589L106 | 82,648 | 2.49M |
| 6.03% | Advanced Micro Devices Inc | AMD | 007903107 | 15,194 | 2.23M |
| 5.18% | Elastic NV | ESTC | N14506104 | 19,881 | 1.91M |
| 5.11% | Datadog Inc | DDOG | 23804L103 | 15,732 | 1.89M |
| 5.04% | Snowflake Inc | SNOW | 833445109 | 12,794 | 1.86M |
| 4.63% | ServiceNow Inc | NOW | 81762P102 | 2,393 | 1.71M |
| 4.25% | SentinelOne Inc | S | 81730H109 | 78,220 | 1.57M |
