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LRNZ vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between LRNZ and ^GSPC is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

LRNZ vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Technology, AI & Deep Learning ETF (LRNZ) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LRNZ:

0.19

^GSPC:

0.64

Sortino Ratio

LRNZ:

0.61

^GSPC:

1.09

Omega Ratio

LRNZ:

1.08

^GSPC:

1.16

Calmar Ratio

LRNZ:

0.20

^GSPC:

0.72

Martin Ratio

LRNZ:

0.77

^GSPC:

2.74

Ulcer Index

LRNZ:

11.51%

^GSPC:

4.95%

Daily Std Dev

LRNZ:

35.06%

^GSPC:

19.62%

Max Drawdown

LRNZ:

-61.38%

^GSPC:

-56.78%

Current Drawdown

LRNZ:

-25.83%

^GSPC:

-3.02%

Returns By Period

In the year-to-date period, LRNZ achieves a 4.90% return, which is significantly higher than ^GSPC's 1.30% return.


LRNZ

YTD

4.90%

1M

21.98%

6M

4.54%

1Y

6.81%

5Y*

5.97%

10Y*

N/A

^GSPC

YTD

1.30%

1M

12.79%

6M

1.49%

1Y

12.35%

5Y*

15.37%

10Y*

10.87%

*Annualized

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Risk-Adjusted Performance

LRNZ vs. ^GSPC — Risk-Adjusted Performance Rank

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

LRNZ
The Risk-Adjusted Performance Rank of LRNZ is 2929
Overall Rank
The Sharpe Ratio Rank of LRNZ is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of LRNZ is 3333
Sortino Ratio Rank
The Omega Ratio Rank of LRNZ is 3232
Omega Ratio Rank
The Calmar Ratio Rank of LRNZ is 2727
Calmar Ratio Rank
The Martin Ratio Rank of LRNZ is 2828
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 7272
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6767
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 7575
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 7272
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LRNZ vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Technology, AI & Deep Learning ETF (LRNZ) and S&P 500 (^GSPC). 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.


The current LRNZ Sharpe Ratio is 0.19, which is lower than the ^GSPC Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of LRNZ and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

LRNZ vs. ^GSPC - Drawdown Comparison

The maximum LRNZ drawdown since its inception was -61.38%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LRNZ and ^GSPC. For additional features, visit the drawdowns tool.


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Volatility

LRNZ vs. ^GSPC - Volatility Comparison

TrueShares Technology, AI & Deep Learning ETF (LRNZ) has a higher volatility of 8.87% compared to S&P 500 (^GSPC) at 5.42%. This indicates that LRNZ's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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