LRNZ vs. BWEB ETF Comparison

Comparison of TrueMark Technology, AI & Deep Learning ETF (LRNZ) to Bitwise Web3 ETF (BWEB)

LRNZ

TrueMark Technology, AI & Deep Learning ETF

LRNZ Description

LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence. Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior. Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies. Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.

Grade (RS Rating)

Last Trade

$34.71

Average Daily Volume

9,753

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

BWEB

Bitwise Web3 ETF

BWEB Description

Bitwise Web3 ETF is an exchange traded fund launched and managed by Bitwise Investment Manager, LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across cryptography and blockchain technology, web3 infrastructure companies, metaverse and immersive digital, web3 development and governance, web3 creator economy sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Bitwise Web3 Equities Index, by using full replication. Bitwise Web3 ETF was formed on October 4, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$41.10

Average Daily Volume

458

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	LRNZ	BWEB
30 Days	3.69%	2.60%
60 Days	-14.40%	-9.22%
90 Days	-8.79%	-6.21%
12 Months	9.54%	24.74%

1 Overlapping Holdings

	Symbol	Grade	Weight in LRNZ	Weight in BWEB	Overlap
	NET	F	5.83%	4.69%	4.69%

LRNZ Overweight 18 Positions Relative to BWEB

	Symbol	Grade	Weight
	NVDA	D	14.72%
	IOT	A	8.34%
	CRWD	F	8.08%
	AMD	F	5.7%
	LLY	B	5.28%
	ESTC	F	5.19%
	NOW	B	4.86%
	S	D	4.75%
	DDOG	D	4.49%
	NVO	C	4.46%
	MDB	C	4.24%
	AMZN	D	3.67%
	SNOW	F	3.64%
	OKTA	F	2.59%
	ZS	F	2.3%
	SDGR	F	2.2%
	RLAY	F	0.92%
	ABCL	F	0.67%

LRNZ Underweight 8 Positions Relative to BWEB

	Symbol	Grade	Weight
	RBLX	B	-9.21%
	EQIX	B	-8.3%
	META	C	-7.62%
	COIN	F	-7.27%
	EA	C	-4.91%
	SQ	D	-4.23%
	TTWO	B	-4.06%
	MARA	F	-3.91%

LRNZ: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Biotechnology Semiconductors Drug Manufacturers - Major Health Information Services Specialty Retail Telecom Services

Keywords: Computing Nasdaq 100 S&P 500 Computer Security Deep Learning IBD 50 Software As A Service Work From Home Artificial Intelligence Big Data Cloud Infrastructure Cybersecurity Information Technology Management Mobile Devices Business Intelligence Cloud Applications Cloud Computing Computer Architecture Data Management Database Management Systems

BWEB: Top Represented Industries & Keywords

Industries: Software - Application Electronic Gaming & Multimedia Business Services Electronic Gaming & Multimedia Internet Content & Information REIT - Diversified

Keywords: Computing S&P 500 Nasdaq 100 Video Games Games Mobile Devices Video Game Development Video Game Industry Advertising Services Baseball Basketball Bitcoin Bitcoin Mining Bone Cement Services Center Services Cloud Computing Cloud Platform Colocation Colocation Services