LRNZ vs. SPIT

Last updated Jul 17, 2026

LRNZ (TrueShares Technology, AI & Deep Learning ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. LRNZ charges 0.68%/yr vs 0.89%/yr for SPIT.

Performance

LRNZ vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Technology, AI & Deep Learning ETF (LRNZ) and F/m Emerald Special Situations ETF (SPIT). 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*: —

SPIT

• 1D: -1.56%
• 1M: -1.75%
• 6M: 14.70%
• YTD: 25.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LRNZ vs. SPIT - Yearly Performance Comparison

	2026 (YTD)
LRNZ TrueShares Technology, AI & Deep Learning ETF	-5.22%
SPIT F/m Emerald Special Situations ETF	-4.86%

Correlation

The correlation between LRNZ and SPIT is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	0.80

Return for Risk

LRNZ vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Technology, AI & Deep Learning ETF (LRNZ) and F/m Emerald Special Situations ETF (SPIT). 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. SPIT - Drawdown Comparison

The maximum LRNZ drawdown since its inception was -5.22%, smaller than the maximum SPIT drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for LRNZ and SPIT.

Drawdown Indicators

	LRNZ	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-5.22%	-12.49%	+7.27%
Current Drawdown Current decline from peak	-5.22%	-7.05%	+1.83%
Average Drawdown Average peak-to-trough decline	-2.24%	-2.56%	+0.32%

Volatility

Volatility by Period

	LRNZ	SPIT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.71%	26.27%	+10.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.71%	26.27%	+10.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.71%	26.27%	+10.44%

LRNZ vs. SPIT - Expense Ratio Comparison

LRNZ has a 0.68% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

LRNZ vs. SPIT - Dividend Comparison

LRNZ has not paid dividends to shareholders, while SPIT's dividend yield for the trailing twelve months is around 5.74%.

Position	TTM	2025
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%	0.00%
SPIT F/m Emerald Special Situations ETF	5.74%	7.18%

Frequently Asked Questions

Can I hold both LRNZ and SPIT in my portfolio?

LRNZ and SPIT have a correlation of 0.80, 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 SPIT?

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 SPIT?

LRNZ is cheaper with a 0.68% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.74%, compared with 0.00% for LRNZ.

What is the main difference between LRNZ and SPIT?

They also come from different issuers: TrueMark Investments and F/m Investments. Their fees differ too: 0.68% for LRNZ and 0.89% for SPIT.