LRNZ vs. BWEB ETF Comparison

Comparison of TrueMark Technology, AI & Deep Learning ETF (LRNZ) to Bitwise Web3 ETF (BWEB)
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

$42.84

Average Daily Volume

3,804

Number of Holdings *

19

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

Bitwise Web3 ETF

BWEB Description Bitwise Web3 ETF is an exchange traded fund launched and managed by Bitwise Investment Manager, LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across cryptography and blockchain technology, web3 infrastructure companies, metaverse and immersive digital, web3 development and governance, web3 creator economy sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Bitwise Web3 Equities Index, by using full replication. Bitwise Web3 ETF was formed on October 4, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$58.16

Average Daily Volume

553

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period LRNZ BWEB
30 Days 12.15% 20.36%
60 Days 12.69% 27.06%
90 Days 11.77% 26.77%
12 Months 33.12% 64.23%
2 Overlapping Holdings
Symbol Grade Weight in LRNZ Weight in BWEB Overlap
NET B 6.41% 4.09% 4.09%
NVDA C 11.48% 1.52% 1.52%
LRNZ Overweight 17 Positions Relative to BWEB
Symbol Grade Weight
CRWD B 9.14%
IOT A 9.02%
AMD F 5.23%
AMZN C 5.13%
ESTC C 5.12%
S B 4.91%
SNOW C 4.8%
DDOG A 4.75%
MDB C 4.7%
ZS C 4.02%
LLY F 3.72%
NVO D 3.56%
NOW A 3.55%
SDGR C 1.98%
OKTA C 1.87%
ABCL D 0.97%
RLAY F 0.8%
LRNZ Underweight 26 Positions Relative to BWEB
Symbol Grade Weight
COIN C -12.44%
SHOP B -8.89%
RBLX C -6.77%
META D -6.48%
EQIX A -6.45%
SQ B -4.73%
HOOD B -4.59%
U C -3.92%
TTWO A -3.82%
MARA C -3.79%
EA A -3.74%
RIOT C -1.97%
CLSK C -1.97%
AKAM D -1.9%
TSM B -1.29%
GOOG C -1.25%
WULF C -1.18%
V A -1.18%
XOM B -1.15%
MA C -1.14%
MSFT F -1.1%
IREN C -1.03%
CIFR B -0.81%
APLD A -0.6%
BTBT C -0.35%
CMPO A -0.16%
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