LRNZ vs. SPAM ETF Comparison

Comparison of TrueMark Technology, AI & Deep Learning ETF (LRNZ) to Themes Cybersecurity ETF (SPAM)

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

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.12

Average Daily Volume

502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LRNZ	SPAM
30 Days	7.44%	1.48%
60 Days	10.08%	5.39%
90 Days	9.13%	4.35%
12 Months	29.97%

4 Overlapping Holdings

Symbol	Grade	Weight in LRNZ	Weight in SPAM	Overlap
CRWD	B	9.14%	5.06%	5.06%
OKTA	C	1.87%	4.46%	1.87%
S	B	4.91%	4.78%	4.78%
ZS	B	4.02%	4.96%	4.02%

LRNZ Overweight 15 Positions Relative to SPAM

Symbol	Grade	Weight
NVDA	B	11.48%
IOT	A	9.02%
NET	B	6.41%
AMD	F	5.23%
AMZN	C	5.13%
ESTC	C	5.12%
SNOW	B	4.8%
DDOG	A	4.75%
MDB	B	4.7%
LLY	F	3.72%
NVO	F	3.56%
NOW	A	3.55%
SDGR	C	1.98%
ABCL	D	0.97%
RLAY	F	0.8%

LRNZ Underweight 17 Positions Relative to SPAM

Symbol	Grade	Weight
QLYS	B	-5.43%
FTNT	C	-5.34%
ALRM	C	-4.96%
BAH	F	-4.86%
CACI	D	-4.76%
PANW	B	-4.75%
RPD	B	-4.55%
CYBR	A	-4.51%
TENB	C	-4.41%
VRNS	D	-3.86%
CHKP	C	-3.79%
YOU	D	-3.57%
ATEN	A	-2.93%
RDWR	B	-1.91%
OSPN	A	-1.51%
CHGX	A	-0.69%
FSLY	D	-0.43%