ONEZ vs. LRNZ

Last updated Aug 1, 2026

ONEZ (TrueShares Seasonality Laddered Buffered ETF) and LRNZ (TrueShares Technology, AI & Deep Learning ETF) are both exchange-traded funds - ONEZ is a Defined Outcome fund actively managed by TrueShares, while LRNZ is a Artificial Intelligence fund actively managed by TrueShares. Both are actively managed. Their 0.37 correlation means their historical movements had little consistent relationship. ONEZ charges 0.98%/yr vs 0.68%/yr for LRNZ.

Performance

ONEZ vs. LRNZ - Performance Comparison

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

Returns By Period

ONEZ

• 1D: 0.51%
• 1M: -0.11%
• 6M: 5.48%
• YTD: 5.97%
• 1Y: 12.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.04%

LRNZ

• 1D: 1.50%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LRNZ TrueShares Technology, AI & Deep Learning ETF	$105.88K	$133.30K	$133.30K
ONEZ TrueShares Seasonality Laddered Buffered ETF	$991.28K	$904.44K	$2.40M

ONEZ vs. LRNZ - Yearly Performance Comparison

	2026 (YTD)
ONEZ TrueShares Seasonality Laddered Buffered ETF	-0.61%
LRNZ TrueShares Technology, AI & Deep Learning ETF	-4.80%

Correlation

The correlation between ONEZ and LRNZ is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	0.37

Return for Risk

ONEZ vs. LRNZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ONEZ

ONEZ Risk / Return Rank: 46
ONEZ Sharpe Ratio Rank: 46
ONEZ Sortino Ratio Rank: 44
ONEZ Omega Ratio Rank: 42
ONEZ Calmar Ratio Rank: 46
ONEZ Martin Ratio Rank: 53

LRNZ

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ONEZ vs. LRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Seasonality Laddered Buffered ETF (ONEZ) 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.

	ONEZ	LRNZ	Difference
Sharpe ratio: Return per unit of total volatility	1.15	—	—
Sortino ratio: Return per unit of downside risk	1.65	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	6.33	—	—

Drawdowns

ONEZ vs. LRNZ - Drawdown Comparison

The maximum ONEZ drawdown since its inception was -13.24%, which is greater than LRNZ's maximum drawdown of -11.91%. Use the drawdown chart below to compare losses from any high point for ONEZ and LRNZ.

Drawdown Indicators

	ONEZ	LRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-11.91%	-1.33%
Max Drawdown (1Y) Largest decline over 1 year	-6.60%	—	—
Current Drawdown Current decline from peak	-1.82%	-4.80%	+2.98%
Average Drawdown Average peak-to-trough decline	-2.04%	-5.70%	+3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	ONEZ	LRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.64%	33.99%	-24.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.71%	33.99%	-22.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.71%	33.99%	-22.28%

ONEZ vs. LRNZ - Expense Ratio Comparison

ONEZ has a 0.98% expense ratio, which is higher than LRNZ's 0.68% expense ratio.

Dividends

ONEZ vs. LRNZ - Dividend Comparison

ONEZ's dividend yield for the trailing twelve months is around 3.75%, while LRNZ has not paid dividends to shareholders.

Position	TTM	2025
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%	0.00%
ONEZ TrueShares Seasonality Laddered Buffered ETF	3.75%	3.97%

Frequently Asked Questions

Can I hold both ONEZ and LRNZ in my portfolio?

ONEZ and LRNZ have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ONEZ 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, ONEZ or LRNZ?

LRNZ is cheaper with a 0.68% expense ratio, compared with 0.98% for ONEZ.

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

ONEZ has the higher dividend yield at 3.75%, compared with 0.00% for LRNZ.

What is the main difference between ONEZ and LRNZ?

ONEZ is categorized as Defined Outcome, while LRNZ is Artificial Intelligence. Their fees differ too: 0.98% for ONEZ and 0.68% for LRNZ.