GPZ vs. TRUF
GPZ (VanEck Alternative Asset Manager ETF) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds from VanEck. A 0.60 correlation means they provide meaningful diversification when combined. GPZ charges 0.40%/yr vs 0.10%/yr for TRUF.
Performance
GPZ vs. TRUF - Performance Comparison
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Returns By Period
GPZ
- 1D
- 1.35%
- 1M
- -1.83%
- 6M
- -19.12%
- YTD
- -17.20%
- 1Y
- -18.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TRUF
- 1D
- 0.61%
- 1M
- 5.40%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GPZ vs. TRUF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
GPZ VanEck Alternative Asset Manager ETF | 5.02% |
TRUF VanEck Financials TruSector ETF | 14.65% |
Correlation
The correlation between GPZ and TRUF is 0.60, 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 | 0.60 |
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Return for Risk
GPZ vs. TRUF — Risk / Return Rank
GPZ
TRUF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GPZ vs. TRUF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Alternative Asset Manager ETF (GPZ) 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.
| GPZ | TRUF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.91 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | — | — |
| Martin ratioReturn relative to average drawdown | -1.07 | — | — |
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Drawdowns
GPZ vs. TRUF - Drawdown Comparison
The maximum GPZ drawdown since its inception was -31.72%, which is greater than TRUF's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for GPZ and TRUF.
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Drawdown Indicators
| GPZ | TRUF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.72% | -3.24% | -28.48% |
Max Drawdown (1Y)Largest decline over 1 year | -31.72% | — | — |
Current DrawdownCurrent decline from peak | -23.94% | -0.15% | -23.79% |
Average DrawdownAverage peak-to-trough decline | -12.98% | -1.12% | -11.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.97% | — | — |
Volatility
GPZ vs. TRUF - Volatility Comparison
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Volatility by Period
| GPZ | TRUF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 22.32% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.78% | 13.94% | +13.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.44% | 13.94% | +13.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.44% | 13.94% | +13.50% |
GPZ vs. TRUF - Expense Ratio Comparison
GPZ has a 0.40% expense ratio, which is higher than TRUF's 0.10% expense ratio.
Dividends
GPZ vs. TRUF - Dividend Comparison
GPZ's dividend yield for the trailing twelve months is around 1.00%, more than TRUF's 0.36% yield.
| Position | TTM | 2025 |
|---|---|---|
GPZ VanEck Alternative Asset Manager ETF | 1.00% | 0.83% |
TRUF VanEck Financials TruSector ETF | 0.36% | 0.00% |
Frequently Asked Questions
GPZ and TRUF have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TRUF is cheaper with a 0.10% expense ratio, compared with 0.40% for GPZ.
GPZ has the higher dividend yield at 1.00%, compared with 0.36% for TRUF.
Their fees differ too: 0.40% for GPZ and 0.10% for TRUF.
Find the right allocation for GPZ and TRUF
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