MBCE vs. LRNZ

Last updated Jul 15, 2026

MBCE (Monarch Blue Chips Elite Index ETF) and LRNZ (TrueShares Technology, AI & Deep Learning ETF) are both Large Cap Growth Equities funds. MBCE is passively managed, while LRNZ is actively managed. With a 1.00 correlation, they move nearly in lockstep. MBCE charges 1.14%/yr vs 0.68%/yr for LRNZ.

Performance

MBCE vs. LRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monarch Blue Chips Elite Index ETF (MBCE) and TrueShares Technology, AI & Deep Learning ETF (LRNZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MBCE

• 1D: 1.38%
• 1M: 0.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LRNZ

• 1D: 2.65%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MBCE vs. LRNZ - Yearly Performance Comparison

	2026 (YTD)
MBCE Monarch Blue Chips Elite Index ETF	-1.17%
LRNZ TrueShares Technology, AI & Deep Learning ETF	-0.44%

Correlation

The correlation between MBCE and LRNZ 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

MBCE vs. LRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) and TrueShares Technology, AI & Deep Learning ETF (LRNZ). 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

MBCE vs. LRNZ - Drawdown Comparison

The maximum MBCE drawdown since its inception was -7.15%, which is greater than LRNZ's maximum drawdown of -3.01%. Use the drawdown chart below to compare losses from any high point for MBCE and LRNZ.

Drawdown Indicators

	MBCE	LRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-7.15%	-3.01%	-4.14%
Current Drawdown Current decline from peak	-5.70%	-0.44%	-5.26%
Average Drawdown Average peak-to-trough decline	-3.47%	-1.39%	-2.08%

Volatility

Volatility by Period

	MBCE	LRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	40.19%	+2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	40.19%	+2.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	40.19%	+2.71%

MBCE vs. LRNZ - Expense Ratio Comparison

MBCE has a 1.14% expense ratio, which is higher than LRNZ's 0.68% expense ratio.

Dividends

MBCE vs. LRNZ - Dividend Comparison

Neither MBCE nor LRNZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MBCE and LRNZ in my portfolio?

With a correlation of 1.00, MBCE and LRNZ 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, MBCE or LRNZ?

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, MBCE or LRNZ?

LRNZ is cheaper with a 0.68% expense ratio, compared with 1.14% for MBCE.

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

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

What is the main difference between MBCE and LRNZ?

They also come from different issuers: Kingsview Partners LLC and TrueMark Investments. Their fees differ too: 1.14% for MBCE and 0.68% for LRNZ.