TrueShares Technology, AI and Deep Learning ETF

LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence.

  • Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices
  • Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior. 
  • Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies.
  •  Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.
Inception Date February 28, 2020
Fund Listing March 2, 2020
Primary Exchange NYSE
Ticker LRNZ
CUSIP 53656F821
Expense Ratio 0.68%
30 Day SEC Yield * -0.55%

* As of 09/30/2020


Net Assets as of 12/22/2020 $25.65m
NAV $51.31
Shares Outstanding 500,000
Premium/Discount Percentage 0.24%
Closing Price $51.43
30 Day Median Bid/Ask Spread 0.27%

Data as of 12/22/2020

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.

PERFORMANCE Quarter end returns as of 9/30/2020
  Quarter 1 Year 5 Year Since Inception
FUND NAV 16.69     57.13
MARKET PRICE 16.72     57.36
Nasdaq Composite Total Return Index 11.24     31.06

Expense ratio: 0.68%

As fund is less than a year old, Since Inception performance shown is cumulative. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.

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.

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.

EX-Date Record Date Payable Date Amount
12/22/2020 12/23/2020 12/24/2020 0.00
Percentage Of Net Assets Name TICKER CUSIP Shares Held Market Value
8.03 CROWDSTRIKE HLDGS INC CRWD 22788C105 9497.00 2122579.50
7.46 ZSCALER INC ZS 98980G102 9503.00 1971587.41
5.81 TWILIO INC TWLO 90138F102 4224.00 1534494.72
5.77 UNITY SOFTWARE INC U 91332U101 9079.00 1524818.05
5.36 Cash & Other Cash&Other Cash&Other 1415292.26 1415292.26
5.20 DATADOG INC DDOG 23804L103 12779.00 1372975.76
5.04 BERKELEY LTS INC BLI 084310101 12884.00 1332849.80
4.98 VARONIS SYS INC VRNS 922280102 7736.00 1317208.72
4.63 C3 AI INC AI 12468P104 7589.00 1222284.34
4.59 ELASTIC N V ESTC N14506104 7732.00 1214155.96

Data as of 12/24/2020. Holdings are subject to change.