TrueShares Technology, AI and Deep Learning ETF (LRNZ) Performance
LRNZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +30.5% since Dec 31, 2025
- 1 year
- +27.9% total return
- 5 years
- +4.4% a year
- Since first price
- +14.5% a year since 2020
LRNZ trailing returns vs SPY, QQQ, AGG
| Period | LRNZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.4% | −10.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.0% | +5.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +38.9% | +38.9% | +7.8% | +8.4% | −1.5% |
| YTD | +30.5% | +30.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +27.9% | +27.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +121.5%+30.3%/yr | +121.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +24.1%+4.4%/yr | +24.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 2, 2020 | +145.3%+14.5%/yr | +145.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LRNZ vs SPY
From Mar 2, 2020: LRNZ grew to $24,531, SPY to $27,041.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LRNZ returns by calendar year
3 of 5 full years positive. Best 2023 (+67.1%), worst 2022 (−51.5%). 2026 is year to date.
LRNZ annual returns table
| Year | LRNZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +30.5% | −22.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +22.3% | −33.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.0% | −18.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +67.1% | −20.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −51.5% | −53.0% | −18.2% | −32.6% | −13.0% |
| 2021 | −1.1% | −30.9% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LRNZ largest drawdowns
Now 12.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −61.4% | Jan 5, 2023 | May 26, 2026 | 1.2 years | 4.5 years |
| Feb 12, 2021 | −30.9% | May 13, 2021 | Nov 8, 2021 | 3 months | 9 months |
| Mar 2, 2020 | −25.7% | Mar 16, 2020 | Apr 17, 2020 | 14 days | 46 days |
| Oct 5, 2026 | −15.2% | Oct 16, 2026 | not yet | 11 days | 18 days so far |
| Jun 30, 2026 | −13.8% | Jul 29, 2026 | Aug 13, 2026 | 29 days | 44 days |
| Jun 1, 2026 | −12.2% | Jun 10, 2026 | Jun 30, 2026 | 9 days | 29 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LRNZ risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +32.5% | +8.6% | +18.4% |
| Volatility (annualized) | 33.9% | 34.4% | 33.5% |
| Sharpe ratio | 0.87 | 0.30 | 0.59 |
| Sortino ratio | 1.77 | 0.50 | 1.03 |
| Best month | +33.1% | +33.1% | +33.1% |
| Worst month | −15.2% | −18.9% | −18.9% |
| Best 12 months | +52.1% | +67.1% | +75.3% |
| Worst 12 months | −12.0% | −52.1% | −52.1% |
| Positive months | 56% | 47% | 50% |
| Beta vs S&P 500 | 1.85 | 1.35 | — |
| Correlation with S&P 500 | 0.68 | 0.61 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LRNZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 68 | −52.1% | +15.1% | +75.3% | 74% |
| 3-year (a year) | 44 | −10.0% | +0.5% | +32.5% | 50% |
| 5-year (a year) | 20 | −2.7% | +4.6% | +8.6% | 85% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
LRNZ performance overview
TrueShares Technology, AI and Deep Learning ETF (LRNZ) returned +27.9% over the past year and +4.4% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +14.5% a year, turning $10,000 into about $24,531. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −61.4%, from Nov 9, 2021 to Jan 5, 2023, and it took 3.4 years to get back to the old high. LRNZ finished 3 of its 5 full calendar years with a gain; the best year was 2023 (+67.1%) and the worst 2022 (−51.5%). Volatility has been 33.5% a year.
Related: LRNZ chart, LRNZ holdings, LRNZ valuation. See the LRNZ overview for the latest quote and fund facts.
LRNZ performance FAQ
What is the LRNZ return over the past year?
LRNZ returned +27.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 27.9%.
What is the average annual return of LRNZ?
LRNZ has returned +4.4% a year over 5 years, +14.5% a year since March 2, 2020 (total return, distributions reinvested).
How much would $10,000 invested in LRNZ be worth?
$10,000 invested in LRNZ at its first recorded close on March 2, 2020 would be worth about $24,531 on October 23, 2026 with distributions reinvested.
What was the worst year for LRNZ?
The worst calendar year was 2022, with a total return of −51.5%. The best was 2023 at +67.1%.
What is the biggest drawdown of LRNZ?
The largest peak-to-trough decline was −61.4% between November 9, 2021 and January 5, 2023. It recovered to the old high on May 26, 2026, 3.4 years after the bottom.
How volatile is LRNZ?
Over the past 3 years LRNZ had an annualized volatility of 33.9% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).