LRNZ vs. MEME

Last updated Jun 4, 2026

LRNZ (TrueShares Technology, AI & Deep Learning ETF) and MEME (Roundhill Meme Stock ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. LRNZ charges 0.68%/yr vs 0.69%/yr for MEME.

Performance

LRNZ vs. MEME - Performance Comparison

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

Returns By Period

In the year-to-date period, LRNZ achieves a 30.91% return, which is significantly lower than MEME's 79.03% return.

LRNZ

• 1D: -1.80%
• 1M: 33.80%
• YTD: 30.91%
• 6M: 29.93%
• 1Y: 47.93%
• 3Y*: 26.33%
• 5Y*: 8.67%
• 10Y*: —

MEME

• 1D: -5.29%
• 1M: 25.28%
• YTD: 79.03%
• 6M: 68.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LRNZ vs. MEME - Yearly Performance Comparison

	2026 (YTD)	2025
LRNZ TrueShares Technology, AI & Deep Learning ETF	30.91%	-2.85%
MEME Roundhill Meme Stock ETF	79.03%	-36.83%

Correlation

The correlation between LRNZ and MEME is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025	0.47

LRNZ vs. MEME - Sectors Allocation Comparison

Sectors	LRNZ	MEME
Technology	78.4%	58.8%
Healthcare	16.3%	5.4%
Communication Services	5.3%	5.5%
Basic Materials	-	4.6%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	4.8%
Financial Services	-	5.7%
Industrials	-	29.9%
Real Estate	-	-
Utilities	-	10.7%

Return for Risk

LRNZ vs. MEME — Risk / Return Rank

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

LRNZ

LRNZ Risk / Return Rank: 41
LRNZ Sharpe Ratio Rank: 48
LRNZ Sortino Ratio Rank: 46
LRNZ Omega Ratio Rank: 43
LRNZ Calmar Ratio Rank: 36
LRNZ Martin Ratio Rank: 30

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. MEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Technology, AI & Deep Learning ETF (LRNZ) and Roundhill Meme Stock ETF (MEME). 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.

	LRNZ	MEME	Difference
Sharpe ratio: Return per unit of total volatility	1.67	—	—
Sortino ratio: Return per unit of downside risk	2.27	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.79	—	—
Martin ratio: Return relative to average drawdown	4.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LRNZ	MEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.28	+0.13

Drawdowns

LRNZ vs. MEME - Drawdown Comparison

The maximum LRNZ drawdown since its inception was -61.33%, which is greater than MEME's maximum drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for LRNZ and MEME.

Drawdown Indicators

	LRNZ	MEME	Difference
Max Drawdown Largest peak-to-trough decline	-61.33%	-48.78%	-12.55%
Max Drawdown (1Y) Largest decline over 1 year	-26.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.33%	—	—
Current Drawdown Current decline from peak	-2.56%	-5.93%	+3.37%
Average Drawdown Average peak-to-trough decline	-26.67%	-29.90%	+3.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.93%	—	—

Volatility

Volatility by Period

	LRNZ	MEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.88%	74.19%	-45.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.26%	74.19%	-36.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.64%	74.19%	-36.55%

LRNZ vs. MEME - Expense Ratio Comparison

LRNZ has a 0.68% expense ratio, which is lower than MEME's 0.69% expense ratio.

Dividends

LRNZ vs. MEME - Dividend Comparison

Neither LRNZ nor MEME has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%
MEME Roundhill Meme Stock ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LRNZ and MEME in my portfolio?

LRNZ and MEME have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LRNZ or MEME?

On fees, LRNZ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LRNZ or MEME?

LRNZ is cheaper with a 0.68% expense ratio, compared with 0.69% for MEME.

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

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

What is the main difference between LRNZ and MEME?

They also come from different issuers: TrueMark Investments and Roundhill. Their fees differ too: 0.68% for LRNZ and 0.69% for MEME.