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LRNZ vs SEPZ

TrueShares Technology, AI and Deep Learning ETF vs TrueShares Structured Outcome (September) ETF

LRNZ

TrueShares Technology, AI and Deep Learning ETF

Annual cost

0.69%

Fund size

$31M

SEPZ

TrueShares Structured Outcome (September) ETF

Annual cost

0.80%

Fund size

$118M

Key differences

  • LRNZ costs 0.11% less per year.
  • SEPZ is significantly larger than LRNZ — larger funds tend to be more liquid and less likely to close.
  • LRNZ is classified as equity, while SEPZ is alternative — different risk/return profiles.
  • LRNZ follows a active selection strategy; SEPZ uses structured outcome.
  • Over the last 3 years, LRNZ has delivered higher annualized returns.

Side-by-side comparison

LRNZSEPZ
Annual cost (TER)0.69%0.80%
Fund size (AUM)$31M$118M
Since20202020
Dividend yield0.00%2.11%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionstructured outcome
CAGR 1Y+35.9%+23.0%
CAGR 3Y+24.3%+16.9%
CAGR 5Y+7.4%+12.0%
Sharpe 3Y0.761.12
Volatility 1Y27.55%10.02%
Max drawdown-61.33%-15.22%

Similar to LRNZ and SEPZ