LRNZ vs. ^GSPC
Compare and contrast key facts about TrueShares Technology, AI & Deep Learning ETF (LRNZ) and S&P 500 (^GSPC).
LRNZ is an actively managed fund by TrueMark Investments. It was launched on Feb 28, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LRNZ or ^GSPC.
Performance
LRNZ vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, LRNZ achieves a 2.35% return, which is significantly lower than ^GSPC's 23.08% return.
LRNZ
2.35%
-0.08%
2.17%
24.03%
N/A
N/A
^GSPC
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Key characteristics
| LRNZ | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 0.87 | 2.48 |
| Sortino Ratio | 1.33 | 3.33 |
| Omega Ratio | 1.17 | 1.46 |
| Calmar Ratio | 0.54 | 3.58 |
| Martin Ratio | 3.07 | 15.96 |
| Ulcer Index | 7.48% | 1.90% |
| Daily Std Dev | 26.28% | 12.24% |
| Max Drawdown | -61.38% | -56.78% |
| Current Drawdown | -29.05% | -2.18% |
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Correlation
The correlation between LRNZ and ^GSPC is 0.66, 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.
Risk-Adjusted Performance
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.
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.
Volatility
LRNZ vs. ^GSPC - Volatility Comparison
TrueShares Technology, AI & Deep Learning ETF (LRNZ) has a higher volatility of 7.00% compared to S&P 500 (^GSPC) at 4.06%. 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.