LRNZ vs QQQ
TrueShares Technology, AI & Deep Learning ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. LRNZ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LRNZ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.18% | |
| AUM | $43M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 26 | 108 | |
| YTD Return | +33.21% | +16.64% | |
| 1Y Return | +51.71% | +27.27% | |
| 3Y Return (annualized) | +28.49% | +25.96% | |
| 5Y Return (annualized) | +6.24% | +14.54% | |
| Volatility (annualized) | 33.5% | 30.6% | |
| Max Drawdown | -61.3% | -83.0% | |
| Fund Family | TrueShares | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 28, 2020 | Mar 10, 1999 |
LRNZ vs QQQ Performance
TrueShares Technology, AI & Deep Learning ETF (LRNZ) is a ETF from TrueShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LRNZ returned +51.71% while QQQ returned +27.27%. Year to date, LRNZ is up 33.21% versus a gain of 16.64% for QQQ.
Over three years, LRNZ compounded at +28.49% per year against +25.96% for QQQ; over five years the annualized figures are +6.24% and +14.54% respectively. Across the full 7-year window we track, LRNZ has the edge at +15.03% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRNZ has been the more volatile fund, with annualized monthly volatility of 33.5% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -61.3% for LRNZ and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LRNZ charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, LRNZ currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
LRNZ and QQQ share 14 holdings out of 114 unique holdings combined, representing a 24.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LRNZ or QQQ?
LRNZ has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, LRNZ or QQQ?
Over the past year LRNZ returned +51.71% vs +27.27% for QQQ, so LRNZ leads on 1-year performance. Over the longest common window we track (7 years), LRNZ annualized +15.03% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, LRNZ or QQQ?
LRNZ has been the more volatile fund at 33.5% annualized versus 30.6% for QQQ. Worst drawdown: LRNZ -61.3% vs QQQ -83.0%.
Should I hold both LRNZ and QQQ?
LRNZ and QQQ have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LRNZ and QQQ?
LRNZ and QQQ share 14 common holdings with a 24.8% weight overlap. Combined, they hold 114 unique securities.
Which pays a higher dividend, LRNZ or QQQ?
LRNZ yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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