IGV vs. LRNZ ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to TrueMark Technology, AI & Deep Learning ETF (LRNZ)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.91

Average Daily Volume

3,243,771

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

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

$36.64

Average Daily Volume

12,205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	LRNZ
30 Days	-5.00%	-4.10%
60 Days	-8.06%	-8.97%
90 Days	-6.95%	-6.48%
12 Months	38.34%	49.94%

9 Overlapping Holdings

Symbol	Grade	Weight in IGV	Weight in LRNZ	Overlap
CRWD	C	3.03%	8.1%	3.03%
DDOG	B	1.73%	5.11%	1.73%
ESTC	B	0.38%	5.2%	0.38%
IOT	B	0.27%	6.89%	0.27%
NOW	D	4.69%	4.6%	4.6%
PATH	F	0.35%	3.02%	0.35%
S	C	0.24%	4.26%	0.24%
U	F	0.26%	2.03%	0.26%
ZS	D	0.7%	4.19%	0.7%

IGV Overweight 105 Positions Relative to LRNZ

Symbol	Grade	Weight
MSFT	D	8.83%
CRM	D	8.26%
ORCL	D	8.01%
INTU	D	7.74%
ADBE	D	7.73%
PANW	B	4.18%
SNPS	D	3.68%
CDNS	D	3.41%
ROP	D	2.49%
WDAY	F	2.33%
ADSK	F	2.07%
PLTR	C	1.93%
FTNT	C	1.83%
EA	D	1.4%
HUBS	D	1.39%
ANSS	F	1.29%
FICO	C	1.28%
TEAM	F	1.23%
TTWO	D	1.03%
PTC	D	0.97%
TYL	A	0.88%
ZM	D	0.72%
MSTR	D	0.72%
SNAP	A	0.71%
NTNX	C	0.67%
APP	A	0.59%
MANH	F	0.58%
BSY	B	0.55%
DOCU	A	0.53%
GEN	F	0.51%
DT	F	0.49%
OTEX	F	0.44%
GWRE	C	0.41%
DSGX	A	0.36%
SPSC	B	0.29%
PCOR	D	0.28%
CFLT	F	0.28%
DBX	F	0.27%
BILL	F	0.27%
QLYS	D	0.27%
AZPN	B	0.25%
TENB	D	0.24%
SMAR	D	0.23%
VRNS	D	0.22%
DLB	D	0.21%
APPF	B	0.21%
GTLB	D	0.21%
ALTR	D	0.2%
CVLT	A	0.2%
DV	D	0.19%
FIVN	F	0.19%
TDC	D	0.17%
ACIW	A	0.17%
BOX	F	0.17%
WK	F	0.17%
HCP	A	0.17%
MARA	D	0.16%
ENV	A	0.15%
BLKB	A	0.15%
ALRM	C	0.15%
FRSH	F	0.14%
QTWO	A	0.14%
CCCS	F	0.14%
RPD	F	0.13%
BL	C	0.13%
PEGA	D	0.12%
IDCC	B	0.12%
SPT	F	0.11%
RNG	D	0.11%
RIOT	F	0.1%
BRZE	D	0.1%
RAMP	D	0.1%
AI	F	0.1%
AUR	B	0.1%
PRGS	F	0.1%
CWAN	C	0.1%
ZETA	A	0.09%
VRNT	C	0.09%
VYX	F	0.08%
AGYS	B	0.08%
NCNO	D	0.08%
LSPD	D	0.08%
PD	F	0.08%
EVBG	B	0.07%
BB	B	0.07%
YOU	D	0.07%
APPN	F	0.07%
ASAN	D	0.06%
INTA	F	0.06%
VERX	C	0.06%
ZUO	B	0.06%
CXM	D	0.06%
PRO	F	0.06%
PWSC	F	0.05%
JAMF	A	0.05%
ADEA	F	0.05%
MODN	B	0.05%
MTTR	A	0.05%
ETWO	B	0.04%
NABL	D	0.04%
ATEN	A	0.04%
ALKT	A	0.04%
SWI	B	0.03%
AVPT	A	0.03%
MLNK	F	0.02%

IGV Underweight 11 Positions Relative to LRNZ

Symbol	Grade	Weight
NVDA	C	-12.55%
AMD	D	-6.01%
SNOW	D	-5.01%
OKTA	C	-4.04%
AMZN	B	-3.97%
RBLX	C	-2.98%
SDGR	F	-2.98%
TWLO	C	-2.66%
ABCL	F	-1.15%
PRME	F	-1.06%
RLAY	F	-0.85%