LRNZ vs. SPRX ETF Comparison

Comparison of TrueMark Technology, AI & Deep Learning ETF (LRNZ) to Spear Alpha ETF (SPRX)

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

$41.83

Average Daily Volume

3,799

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPRX

Spear Alpha ETF

SPRX Description

SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.

Grade (RS Rating)

Last Trade

$26.16

Average Daily Volume

21,609

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LRNZ	SPRX
30 Days	7.44%	8.37%
60 Days	10.08%	15.70%
90 Days	9.13%	14.48%
12 Months	29.97%	40.78%

8 Overlapping Holdings

Symbol	Grade	Weight in LRNZ	Weight in SPRX	Overlap
AMD	F	5.23%	3.34%	3.34%
CRWD	B	9.14%	1.08%	1.08%
DDOG	A	4.75%	4.94%	4.75%
NET	B	6.41%	4.79%	4.79%
NVDA	B	11.48%	13.96%	11.48%
S	B	4.91%	9.02%	4.91%
SNOW	B	4.8%	0.97%	0.97%
ZS	B	4.02%	6.18%	4.02%

LRNZ Overweight 11 Positions Relative to SPRX

Symbol	Grade	Weight
IOT	A	9.02%
AMZN	C	5.13%
ESTC	C	5.12%
MDB	B	4.7%
LLY	F	3.72%
NVO	F	3.56%
NOW	A	3.55%
SDGR	C	1.98%
OKTA	C	1.87%
ABCL	D	0.97%
RLAY	F	0.8%

LRNZ Underweight 20 Positions Relative to SPRX

Symbol	Grade	Weight
MRVL	B	-7.22%
TSLA	B	-7.18%
TER	F	-4.99%
CEG	C	-4.65%
CRDO	B	-3.42%
ANET	C	-3.39%
ON	D	-2.97%
WOLF	F	-2.83%
SHOP	B	-2.72%
CFLT	B	-2.42%
GTLB	B	-2.12%
COHR	B	-1.96%
AMKR	D	-1.75%
APH	A	-1.38%
GEV	B	-1.13%
NRG	B	-0.76%
MU	D	-0.43%
PANW	B	-0.2%
RIO	D	-0.0%
ROK	C	-0.0%