LRNZ vs. FCLD ETF Comparison

Comparison of TrueMark Technology, AI & Deep Learning ETF (LRNZ) to Fidelity Cloud Computing ETF (FCLD)
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

$36.88

Average Daily Volume

8,864

Number of Holdings *

19

* may have additional holdings in another (foreign) market
FCLD

Fidelity Cloud Computing ETF

FCLD Description The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$24.13

Average Daily Volume

15,750

Number of Holdings *

48

* may have additional holdings in another (foreign) market
Performance
Period LRNZ FCLD
30 Days -0.95% 2.64%
60 Days 7.11% 7.53%
90 Days -7.99% -0.54%
12 Months 27.35% 31.08%
5 Overlapping Holdings
Symbol Grade Weight in LRNZ Weight in FCLD Overlap
DDOG D 4.47% 2.58% 2.58%
ESTC F 3.75% 1.49% 1.49%
MDB F 4.76% 2.0% 2.0%
NOW C 5.44% 4.52% 4.52%
SNOW F 3.55% 2.59% 2.59%
LRNZ Overweight 14 Positions Relative to FCLD
Symbol Grade Weight
NVDA C 13.72%
IOT C 10.02%
CRWD D 8.78%
NET D 6.13%
AMD D 5.82%
LLY D 5.04%
S C 4.65%
AMZN C 4.0%
NVO F 4.0%
SDGR F 2.12%
ZS F 2.01%
OKTA F 2.01%
RLAY F 0.97%
ABCL F 0.66%
LRNZ Underweight 43 Positions Relative to FCLD
Symbol Grade Weight
ORCL B -4.99%
CRM B -4.74%
MSFT D -4.47%
INTU F -4.4%
EQIX B -3.51%
DLR C -3.03%
MSTR B -2.84%
WDAY D -2.79%
HPE B -2.52%
HUBS D -2.41%
WDC C -2.37%
NTAP D -2.37%
TEAM D -2.29%
STX B -2.28%
SMCI F -2.06%
ZM C -2.05%
PSTG F -2.01%
FFIV B -1.93%
XRX D -1.93%
DT C -1.87%
NTNX C -1.86%
TWLO B -1.76%
DAY B -1.71%
CVLT C -1.47%
DBX B -1.45%
PATH D -1.32%
GTLB D -1.29%
BOX C -1.28%
CFLT F -1.27%
TDC D -1.16%
PEGA B -1.16%
AI F -1.13%
DOCN C -1.11%
RNG F -1.1%
FROG F -1.04%
FIVN F -0.95%
VERX A -0.95%
PDFS F -0.91%
FSLY D -0.89%
VRNT F -0.87%
INFA D -0.8%
VNET B -0.78%
SWI C -0.68%
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