PCLC vs. LRNZ

Last updated Jul 4, 2026

PCLC (Polen 5Perspectives Large Growth ETF) and LRNZ (TrueShares Technology, AI & Deep Learning ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. PCLC charges 0.50%/yr vs 0.68%/yr for LRNZ.

Performance

PCLC vs. LRNZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen 5Perspectives Large Growth ETF (PCLC) and TrueShares Technology, AI & Deep Learning ETF (LRNZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PCLC

• 1D: -1.83%
• 1M: -4.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LRNZ

• 1D: -2.83%
• 1M: -0.75%
• 6M: 31.63%
• YTD: 29.93%
• 1Y: 37.99%
• 3Y*: 24.53%
• 5Y*: 6.26%
• 10Y*: —

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

PCLC vs. LRNZ - Yearly Performance Comparison

	2026 (YTD)
PCLC Polen 5Perspectives Large Growth ETF	1.08%
LRNZ TrueShares Technology, AI & Deep Learning ETF	22.66%

Correlation

The correlation between PCLC and LRNZ is 0.84, 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 May 18, 2026	0.84

Return for Risk

PCLC vs. LRNZ — Risk / Return Rank

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

PCLC

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

LRNZ

LRNZ Risk / Return Rank: 39
LRNZ Sharpe Ratio Rank: 46
LRNZ Sortino Ratio Rank: 44
LRNZ Omega Ratio Rank: 41
LRNZ Calmar Ratio Rank: 35
LRNZ Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCLC vs. LRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen 5Perspectives Large Growth ETF (PCLC) 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.

	PCLC	LRNZ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.34	—
Sortino ratio: Return per unit of downside risk	—	1.91	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.54	—
Martin ratio: Return relative to average drawdown	—	3.72	—

Drawdowns

PCLC vs. LRNZ - Drawdown Comparison

The maximum PCLC drawdown since its inception was -9.52%, smaller than the maximum LRNZ drawdown of -61.33%. Use the drawdown chart below to compare losses from any high point for PCLC and LRNZ.

Drawdown Indicators

	PCLC	LRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-9.52%	-61.33%	+51.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-61.33%	—
Current Drawdown Current decline from peak	-5.56%	-4.04%	-1.52%
Average Drawdown Average peak-to-trough decline	-3.13%	-26.39%	+23.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.11%	—

Volatility

Volatility by Period

	PCLC	LRNZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.27%	30.85%	+1.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.27%	37.53%	-5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.27%	37.68%	-5.41%

PCLC vs. LRNZ - Expense Ratio Comparison

PCLC has a 0.50% expense ratio, which is lower than LRNZ's 0.68% expense ratio.

Dividends

PCLC vs. LRNZ - Dividend Comparison

Neither PCLC nor LRNZ has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%
PCLC Polen 5Perspectives Large Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PCLC and LRNZ in my portfolio?

PCLC and LRNZ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PCLC or LRNZ?

On fees, PCLC is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PCLC or LRNZ?

PCLC is cheaper with a 0.50% expense ratio, compared with 0.68% for LRNZ.

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

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

What is the main difference between PCLC and LRNZ?

They also come from different issuers: Polen and TrueMark Investments. Their fees differ too: 0.50% for PCLC and 0.68% for LRNZ.