DAT vs. LRNZ

Last updated Jul 12, 2026

DAT (ProShares Big Data Refiners ETF) and LRNZ (TrueShares Technology, AI & Deep Learning ETF) are both exchange-traded funds - DAT is a Technology Equities fund tracking the FactSet Big Data Refiners Index, while LRNZ is a Large Cap Growth Equities fund actively managed by TrueMark Investments. DAT is passively managed, while LRNZ is actively managed. DAT charges 0.58%/yr vs 0.68%/yr for LRNZ.

Performance

DAT vs. LRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Big Data Refiners ETF (DAT) and TrueShares Technology, AI & Deep Learning ETF (LRNZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DAT

• 1D: -1.03%
• 1M: 5.98%
• 6M: -2.51%
• YTD: -2.67%
• 1Y: -2.50%
• 3Y*: 14.16%
• 5Y*: —
• 10Y*: —

LRNZ

• 1D: -0.73%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DAT vs. LRNZ - Yearly Performance Comparison

	2026 (YTD)
DAT ProShares Big Data Refiners ETF	-1.03%
LRNZ TrueShares Technology, AI & Deep Learning ETF	-0.73%

DAT vs. LRNZ - Sectors Allocation Comparison

Sectors	DAT	LRNZ
Technology	96.9%	82.1%
Communication Services	2.3%	2.9%
Utilities	1.2%	-
Healthcare	0.7%	15.0%
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-

Return for Risk

DAT vs. LRNZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAT

DAT Risk / Return Rank: 8
DAT Sharpe Ratio Rank: 8
DAT Sortino Ratio Rank: 8
DAT Omega Ratio Rank: 8
DAT Calmar Ratio Rank: 8
DAT Martin Ratio Rank: 8

LRNZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DAT vs. LRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Big Data Refiners ETF (DAT) and TrueShares Technology, AI & Deep Learning ETF (LRNZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DAT	LRNZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	—	—
Sortino ratio: Return per unit of downside risk	0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.12	—	—
Martin ratio: Return relative to average drawdown	-0.27	—	—

Drawdowns

DAT vs. LRNZ - Drawdown Comparison

The maximum DAT drawdown since its inception was -56.22%, which is greater than LRNZ's maximum drawdown of -0.73%. Use the drawdown chart below to compare losses from any high point for DAT and LRNZ.

Drawdown Indicators

	DAT	LRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-56.22%	-0.73%	-55.49%
Max Drawdown (1Y) Largest decline over 1 year	-34.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-34.73%	—	—
Current Drawdown Current decline from peak	-9.67%	-0.73%	-8.94%
Average Drawdown Average peak-to-trough decline	-25.95%	-0.73%	-25.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.73%	—	—

Volatility

Volatility by Period

	DAT	LRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.96%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.96%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.96%	—	—

DAT vs. LRNZ - Expense Ratio Comparison

DAT has a 0.58% expense ratio, which is lower than LRNZ's 0.68% expense ratio.

Dividends

DAT vs. LRNZ - Dividend Comparison

Neither DAT nor LRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, DAT or LRNZ?

On fees, DAT is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DAT or LRNZ?

DAT is cheaper with a 0.58% expense ratio, compared with 0.68% for LRNZ.

Which ETF pays a higher dividend yield, DAT or LRNZ?

DAT and LRNZ have nearly identical dividend yields, around 0.00%.

What is the main difference between DAT and LRNZ?

DAT is categorized as Technology Equities, while LRNZ is Large Cap Growth Equities. They also come from different issuers: ProShares and TrueMark Investments. Their fees differ too: 0.58% for DAT and 0.68% for LRNZ.