LRNZ vs. SGRT

Last updated Jul 17, 2026

LRNZ (TrueShares Technology, AI & Deep Learning ETF) and SGRT (SMART Earnings Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. LRNZ charges 0.68%/yr vs 0.59%/yr for SGRT.

Performance

LRNZ vs. SGRT - Performance Comparison

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

Returns By Period

LRNZ

• 1D: -3.48%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGRT

• 1D: -4.23%
• 1M: -13.29%
• 6M: 20.02%
• YTD: 26.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LRNZ vs. SGRT - Yearly Performance Comparison

	2026 (YTD)
LRNZ TrueShares Technology, AI & Deep Learning ETF	-5.22%
SGRT SMART Earnings Growth ETF	-9.53%

Correlation

The correlation between LRNZ and SGRT is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	1.00

Return for Risk

LRNZ vs. SGRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Technology, AI & Deep Learning ETF (LRNZ) and SMART Earnings Growth ETF (SGRT). 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.

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

Drawdowns

LRNZ vs. SGRT - Drawdown Comparison

The maximum LRNZ drawdown since its inception was -5.22%, smaller than the maximum SGRT drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for LRNZ and SGRT.

Drawdown Indicators

	LRNZ	SGRT	Difference
Max Drawdown Largest peak-to-trough decline	-5.22%	-17.87%	+12.65%
Current Drawdown Current decline from peak	-5.22%	-17.46%	+12.24%
Average Drawdown Average peak-to-trough decline	-2.24%	-3.66%	+1.42%

Volatility

Volatility by Period

	LRNZ	SGRT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.71%	37.05%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.71%	37.05%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.71%	37.05%	-0.34%

LRNZ vs. SGRT - Expense Ratio Comparison

LRNZ has a 0.68% expense ratio, which is higher than SGRT's 0.59% expense ratio.

Dividends

LRNZ vs. SGRT - Dividend Comparison

LRNZ has not paid dividends to shareholders, while SGRT's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%	0.00%
SGRT SMART Earnings Growth ETF	0.13%	0.16%

Frequently Asked Questions

Can I hold both LRNZ and SGRT in my portfolio?

With a correlation of 1.00, LRNZ and SGRT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, LRNZ or SGRT?

On fees, SGRT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LRNZ or SGRT?

SGRT is cheaper with a 0.59% expense ratio, compared with 0.68% for LRNZ.

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

SGRT has the higher dividend yield at 0.13%, compared with 0.00% for LRNZ.

What is the main difference between LRNZ and SGRT?

Their fees differ too: 0.68% for LRNZ and 0.59% for SGRT.