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This ETF typically dedicates at least 80% of its net assets—including any funds borrowed for investment purposes—to the common stock of companies operating in the technology, artificial intelligence, and deep learning sectors. The fund also retains the flexibility to invest in small and mid-capitalization companies, a strategy the Adviser believes may lead to enhanced capital appreciation and dividend yield from these comparatively smaller firms. It is important to note that this fund is structured as non-diversified.
Is LRNZ's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
AI is everywhere in the product. But revenue growth is decelerating, from 16% to 13% to 12% guided. The productivity benefits are arriving for users and end-consumers of AI, though it's not hitting the income statement (at least yet) for most companies.
TrueShares Technology, AI and Deep Learning ETF, is a concentrated, actively managed ETF targeting AI and deep learning, with heavy exposure to software and IT services. The LRNZ fund has underperformed the XLK benchmark since inception, but outperformed it over the past 12 months, albeit with higher risk. LRNZ's high volatility, deep drawdowns, and weak liquidity make it less attractive compared to larger, more diversified AI ETFs like AIQ.
While the AI boom has been favoring the semiconductor rally, a rebound in PC sales will provide chip-makers another boost.
Wall Street has been in great shape over the past year, hovering around a record high, due to two factors: Artificial Intelligence Craze and a less-hawkish Fed.
The AI revolution, with its expansion into neural networks and other novel fields, marks a dramatic shift away from traditional innovation models. ChatGPT and other platforms have made remarkable strides, with their undeniable conversational prowess.