LRNZ vs. ITOT

Last updated Jun 24, 2026

LRNZ (TrueShares Technology, AI & Deep Learning ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - LRNZ is a Large Cap Growth Equities fund actively managed by TrueMark Investments, while ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index. LRNZ is actively managed, while ITOT is passively managed. Over the past 5 years, LRNZ returned 5.22%/yr vs 11.93%/yr for ITOT. A 0.70 correlation means they provide meaningful diversification when combined. LRNZ charges 0.68%/yr vs 0.03%/yr for ITOT.

Performance

LRNZ vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Technology, AI & Deep Learning ETF (LRNZ) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRNZ achieves a 23.73% return, which is significantly higher than ITOT's 8.94% return.

LRNZ

• 1D: -2.78%
• 1M: 8.71%
• YTD: 23.73%
• 6M: 21.06%
• 1Y: 37.31%
• 3Y*: 23.90%
• 5Y*: 5.22%
• 10Y*: —

ITOT

• 1D: -1.30%
• 1M: -0.81%
• YTD: 8.94%
• 6M: 7.85%
• 1Y: 24.26%
• 3Y*: 20.67%
• 5Y*: 11.93%
• 10Y*: 15.11%

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

LRNZ vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LRNZ TrueShares Technology, AI & Deep Learning ETF	23.73%	22.27%	2.01%	67.11%	-51.46%	-0.96%	90.52%
ITOT iShares Core S&P Total U.S. Stock Market ETF	8.94%	17.00%	23.80%	26.12%	-19.47%	25.68%	31.45%

Correlation

The correlation between LRNZ and ITOT is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Mar 2, 2020	0.70

The correlation between LRNZ and ITOT has been stable across timeframes, ranging from 0.67 to 0.76 - a consistent structural relationship.

LRNZ vs. ITOT - Sectors Allocation Comparison

Sectors	LRNZ	ITOT
Technology	82.1%	37.2%
Healthcare	15.0%	8.8%
Communication Services	2.9%	9.8%
Basic Materials	-	2.0%
Consumer Cyclical	-	9.8%
Consumer Defensive	-	4.3%
Energy	-	3.3%
Financial Services	-	11.4%
Industrials	-	9.1%
Real Estate	-	2.3%
Utilities	-	2.1%

Return for Risk

LRNZ vs. ITOT — Risk / Return Rank

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

LRNZ

LRNZ Risk / Return Rank: 32
LRNZ Sharpe Ratio Rank: 36
LRNZ Sortino Ratio Rank: 35
LRNZ Omega Ratio Rank: 34
LRNZ Calmar Ratio Rank: 30
LRNZ Martin Ratio Rank: 27

ITOT

ITOT Risk / Return Rank: 59
ITOT Sharpe Ratio Rank: 59
ITOT Sortino Ratio Rank: 56
ITOT Omega Ratio Rank: 57
ITOT Calmar Ratio Rank: 57
ITOT Martin Ratio Rank: 68

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.

LRNZ vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Technology, AI & Deep Learning ETF (LRNZ) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

	LRNZ	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	1.23	1.90	-0.67
Sortino ratio: Return per unit of downside risk	1.77	2.59	-0.82
Omega ratio: Gain probability vs. loss probability	1.22	1.34	-0.12
Calmar ratio: Return relative to maximum drawdown	1.39	2.74	-1.34
Martin ratio: Return relative to average drawdown	3.38	12.14	-8.76

LRNZ vs. ITOT - Sharpe Ratio Comparison

The current LRNZ Sharpe Ratio is 1.23, which is lower than the ITOT Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of LRNZ and ITOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LRNZ vs. ITOT - Drawdown Comparison

The maximum LRNZ drawdown since its inception was -61.33%, which is greater than ITOT's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for LRNZ and ITOT.

Drawdown Indicators

	LRNZ	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-61.33%	-55.20%	-6.13%
Max Drawdown (1Y) Largest decline over 1 year	-26.89%	-8.90%	-17.99%
Max Drawdown (3Y) Largest decline over 3 years	-33.10%	-19.44%	-13.66%
Max Drawdown (5Y) Largest decline over 5 years	-61.33%	-25.36%	-35.97%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-7.91%	-2.79%	-5.12%
Average Drawdown Average peak-to-trough decline	-26.49%	-6.96%	-19.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.08%	2.00%	+9.08%

Volatility

LRNZ vs. ITOT - Volatility Comparison

TrueShares Technology, AI & Deep Learning ETF (LRNZ) has a higher volatility of 14.18% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 4.96%. This indicates that LRNZ's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRNZ	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.18%	4.96%	+9.22%
Volatility (6M) Calculated over the trailing 6-month period	24.60%	10.06%	+14.54%
Volatility (1Y) Calculated over the trailing 1-year period	30.45%	12.85%	+17.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.45%	17.46%	+19.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.69%	18.28%	+19.41%

LRNZ vs. ITOT - Expense Ratio Comparison

LRNZ has a 0.68% expense ratio, which is higher than ITOT's 0.03% expense ratio.

Dividends

LRNZ vs. ITOT - Dividend Comparison

LRNZ has not paid dividends to shareholders, while ITOT's dividend yield for the trailing twelve months is around 1.02%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.02%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LRNZ and ITOT in my portfolio?

LRNZ and ITOT have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LRNZ or ITOT?

LRNZ has higher volatility (14.18%) compared to ITOT (4.96%). In terms of maximum drawdown, LRNZ dropped -61.33% vs ITOT's -55.20%.

Which ETF is better, LRNZ or ITOT?

On 5-year performance, ITOT leads with 11.93% vs 5.22% for LRNZ. On fees, ITOT is cheaper at 0.03% per year. On volatility, ITOT has been the lower-risk option at 4.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LRNZ or ITOT?

Over the 5-year period, ITOT has performed better with a 11.93% return vs 5.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LRNZ or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.68% for LRNZ.

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

ITOT has the higher dividend yield at 1.02%, compared with 0.00% for LRNZ.

What is the main difference between LRNZ and ITOT?

LRNZ is categorized as Large Cap Growth Equities, while ITOT is Large Cap Blend Equities. They also come from different issuers: TrueMark Investments and iShares. Their fees differ too: 0.68% for LRNZ and 0.03% for ITOT.

Which has better risk-adjusted returns?

ITOT currently has the higher Sharpe Ratio (1.90 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.