AAUM vs. TRUF

Last updated Jul 4, 2026

AAUM (Tema Alternative Asset Managers ETF) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds. A 0.55 correlation means they provide meaningful diversification when combined. AAUM charges 0.75%/yr vs 0.10%/yr for TRUF.

Performance

AAUM vs. TRUF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Alternative Asset Managers ETF (AAUM) and VanEck Financials TruSector ETF (TRUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAUM

• 1D: 1.47%
• 1M: 1.03%
• 6M: -19.10%
• YTD: -18.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRUF

• 1D: 1.45%
• 1M: 9.47%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAUM vs. TRUF - Yearly Performance Comparison

	2026 (YTD)
AAUM Tema Alternative Asset Managers ETF	3.24%
TRUF VanEck Financials TruSector ETF	13.71%

Correlation

The correlation between AAUM and TRUF is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.55

Return for Risk

AAUM vs. TRUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Alternative Asset Managers ETF (AAUM) and VanEck Financials TruSector ETF (TRUF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

AAUM vs. TRUF - Drawdown Comparison

The maximum AAUM drawdown since its inception was -28.24%, which is greater than TRUF's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for AAUM and TRUF.

Drawdown Indicators

	AAUM	TRUF	Difference
Max Drawdown Largest peak-to-trough decline	-28.24%	-3.24%	-25.00%
Current Drawdown Current decline from peak	-22.65%	0.00%	-22.65%
Average Drawdown Average peak-to-trough decline	-13.01%	-1.16%	-11.85%

Volatility

Volatility by Period

	AAUM	TRUF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.68%	13.75%	+13.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.68%	13.75%	+13.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.68%	13.75%	+13.93%

AAUM vs. TRUF - Expense Ratio Comparison

AAUM has a 0.75% expense ratio, which is higher than TRUF's 0.10% expense ratio.

Dividends

AAUM vs. TRUF - Dividend Comparison

AAUM's dividend yield for the trailing twelve months is around 0.92%, more than TRUF's 0.37% yield.

Position	TTM	2025
AAUM Tema Alternative Asset Managers ETF	0.92%	0.75%
TRUF VanEck Financials TruSector ETF	0.37%	0.00%

Frequently Asked Questions

Can I hold both AAUM and TRUF in my portfolio?

AAUM and TRUF have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAUM or TRUF?

On fees, TRUF is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAUM or TRUF?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.75% for AAUM.

Which ETF pays a higher dividend yield, AAUM or TRUF?

AAUM has the higher dividend yield at 0.92%, compared with 0.37% for TRUF.

What is the main difference between AAUM and TRUF?

They also come from different issuers: Tema ETFs and VanEck. Their fees differ too: 0.75% for AAUM and 0.10% for TRUF.