DAT vs. LRNZ
Compare and contrast key facts about ProShares Big Data Refiners ETF (DAT) and TrueShares Technology, AI & Deep Learning ETF (LRNZ).
DAT and LRNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DAT is a passively managed fund by ProShares that tracks the performance of the FactSet Big Data Refiners Index. It was launched on Sep 29, 2021. LRNZ is an actively managed fund by TrueMark Investments. It was launched on Feb 28, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DAT or LRNZ.
Correlation
The correlation between DAT and LRNZ is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DAT vs. LRNZ - Performance Comparison
Key characteristics
DAT:
1.58
LRNZ:
0.28
DAT:
2.13
LRNZ:
0.57
DAT:
1.27
LRNZ:
1.07
DAT:
1.28
LRNZ:
0.19
DAT:
6.67
LRNZ:
0.99
DAT:
6.06%
LRNZ:
7.63%
DAT:
25.58%
LRNZ:
27.09%
DAT:
-56.22%
LRNZ:
-61.38%
DAT:
-5.80%
LRNZ:
-27.60%
Returns By Period
In the year-to-date period, DAT achieves a 38.44% return, which is significantly higher than LRNZ's 4.44% return.
DAT
38.44%
4.63%
33.77%
38.52%
N/A
N/A
LRNZ
4.44%
-0.76%
4.31%
5.63%
N/A
N/A
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DAT vs. LRNZ - Expense Ratio Comparison
DAT has a 0.58% expense ratio, which is lower than LRNZ's 0.68% expense ratio.
Risk-Adjusted Performance
DAT vs. LRNZ - Risk-Adjusted Performance 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.
Dividends
DAT vs. LRNZ - Dividend Comparison
Neither DAT nor LRNZ has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
DAT ProShares Big Data Refiners ETF | 0.00% | 0.00% | 0.00% | 0.00% |
LRNZ TrueShares Technology, AI & Deep Learning ETF | 0.00% | 0.00% | 0.00% | 0.13% |
Drawdowns
DAT vs. LRNZ - Drawdown Comparison
The maximum DAT drawdown since its inception was -56.22%, smaller than the maximum LRNZ drawdown of -61.38%. Use the drawdown chart below to compare losses from any high point for DAT and LRNZ. For additional features, visit the drawdowns tool.
Volatility
DAT vs. LRNZ - Volatility Comparison
The current volatility for ProShares Big Data Refiners ETF (DAT) is 8.50%, while TrueShares Technology, AI & Deep Learning ETF (LRNZ) has a volatility of 9.90%. This indicates that DAT experiences smaller price fluctuations and is considered to be less risky than LRNZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.