Trueshares Technology Ai Etf Profile
| LRNZ Etf | USD 42.22 0.60 1.40% |
Performance10 of 100
| Odds Of DistressLess than 9
|
TrueShares Technology is trading at 42.22 as of the 28th of November 2024; that is 1.4 percent decrease since the beginning of the trading day. The etf's open price was 42.82. TrueShares Technology has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for TrueShares Technology AI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of its net assets in the common stock of technology, artificial intelligence and deep learning companies. Truemark Technology is traded on NYSEARCA Exchange in the United States. More on TrueShares Technology AI
Moving together with TrueShares Etf
| 0.94 | VGT | Vanguard Information | PairCorr |
| 0.9 | XLK | Technology Select Sector | PairCorr |
| 0.93 | IYW | iShares Technology ETF | PairCorr |
| 0.67 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.94 | CIBR | First Trust NASDAQ | PairCorr |
Moving against TrueShares Etf
TrueShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, TrueShares (View all Sectors) |
| Issuer | TrueMark Investments |
| Inception Date | 2020-02-28 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 37.25 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | TrueMark Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Sangbum Kim, Jordan C. Waldrep |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 22.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.69 |
| Management Fee | 0.68 |
| Country Name | USA |
| Returns Y T D | 12.06 |
| Name | TrueShares Technology AI and Deep Learning ETF |
| Currency Code | USD |
| Open Figi | BBG00RYP4BL5 |
| In Threey Volatility | 32.24 |
| 1y Volatility | 28.75 |
| 200 Day M A | 38.2257 |
| 50 Day M A | 39.0217 |
| Code | LRNZ |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.26) |
| Type | ETF |
TrueShares Technology AI [LRNZ] is traded in USA and was established 2020-02-28. The fund is listed under Technology category and is part of TrueShares family. The entity is thematically classified as Strategy ETFs. TrueShares Technology now have 17.8 M in assets. , while the total return for the last 3 years was -5.4%.
Check TrueShares Technology Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on TrueShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding TrueShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as TrueShares Technology AI Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top TrueShares Technology AI Etf Constituents
| NVDA | NVIDIA | Stock | Information Technology | |
| ZS | Zscaler | Stock | Information Technology | |
| VRNS | Varonis Systems | Stock | Information Technology | |
| U | Unity Software | Stock | Information Technology | |
| TWLO | Twilio Inc | Stock | Information Technology | |
| SNOW | Snowflake | Stock | Information Technology | |
| SDGR | Schrodinger | Stock | Health Care | |
| RLAY | Relay Therapeutics | Stock | Health Care |
TrueShares Technology Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TrueShares Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1004 | |||
| Jensen Alpha | 0.0343 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0391 |
TrueShares Technology Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in TrueShares Technology AI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of TrueShares Technology is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Technology's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TrueShares Technology's market value can be influenced by many factors that don't directly affect TrueShares Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TrueShares Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.