PFOE vs. LRNZ

Last updated Aug 1, 2026

PFOE (Pathfinder Focused Opportunities ETF) and LRNZ (TrueShares Technology, AI & Deep Learning ETF) are both exchange-traded funds - PFOE is a Large Cap Growth Equities fund actively managed by Pathfinder, while LRNZ is a Artificial Intelligence fund actively managed by TrueShares. Both are actively managed. Their -0.29 correlation means they have often moved in opposite directions in the past. PFOE charges 0.59%/yr vs 0.68%/yr for LRNZ.

Performance

PFOE vs. LRNZ - Performance Comparison

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

Returns By Period

PFOE

• 1D: -1.13%
• 1M: -3.20%
• 6M: -10.62%
• YTD: -9.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

LRNZ

• 1D: 1.01%
• 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	$103.68K	$133.76K	$133.76K
PFOE Pathfinder Focused Opportunities ETF	$315.87K	$800.41K	$1.21M

PFOE vs. LRNZ - Yearly Performance Comparison

	2026 (YTD)
PFOE Pathfinder Focused Opportunities ETF	-2.13%
LRNZ TrueShares Technology, AI & Deep Learning ETF	-6.20%

Correlation

The correlation between PFOE and LRNZ is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	-0.29

Return for Risk

PFOE vs. LRNZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pathfinder Focused Opportunities ETF (PFOE) 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

PFOE vs. LRNZ - Drawdown Comparison

The maximum PFOE drawdown since its inception was -18.19%, which is greater than LRNZ's maximum drawdown of -11.91%. Use the drawdown chart below to compare losses from any high point for PFOE and LRNZ.

Drawdown Indicators

	PFOE	LRNZ	Difference
Max Drawdown Largest peak-to-trough decline	-18.19%	-11.91%	-6.28%
Current Drawdown Current decline from peak	-13.94%	-6.20%	-7.74%
Average Drawdown Average peak-to-trough decline	-10.07%	-5.75%	-4.32%

Volatility

Volatility by Period

	PFOE	LRNZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	34.30%	-15.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	34.30%	-15.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	34.30%	-15.84%

PFOE vs. LRNZ - Expense Ratio Comparison

PFOE has a 0.59% expense ratio, which is lower than LRNZ's 0.68% expense ratio.

Dividends

PFOE vs. LRNZ - Dividend Comparison

PFOE's dividend yield for the trailing twelve months is around 0.22%, while LRNZ has not paid dividends to shareholders.

Position	TTM
LRNZ TrueShares Technology, AI & Deep Learning ETF	0.00%
PFOE Pathfinder Focused Opportunities ETF	0.22%

Frequently Asked Questions

Can I hold both PFOE and LRNZ in my portfolio?

PFOE and LRNZ have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFOE or LRNZ?

On fees, PFOE is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFOE or LRNZ?

PFOE is cheaper with a 0.59% expense ratio, compared with 0.68% for LRNZ.

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

PFOE has the higher dividend yield at 0.22%, compared with 0.00% for LRNZ.

What is the main difference between PFOE and LRNZ?

PFOE is categorized as Large Cap Growth Equities, while LRNZ is Artificial Intelligence. They also come from different issuers: Pathfinder and TrueShares. Their fees differ too: 0.59% for PFOE and 0.68% for LRNZ.