KBE vs. TRUF

Last updated Jul 17, 2026

KBE (SPDR S&P Bank ETF) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds. A 0.61 correlation means they provide meaningful diversification when combined. KBE charges 0.35%/yr vs 0.10%/yr for TRUF.

Performance

KBE vs. TRUF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Bank ETF (KBE) and VanEck Financials TruSector ETF (TRUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KBE

• 1D: 2.44%
• 1M: 7.83%
• 6M: 13.42%
• YTD: 18.79%
• 1Y: 27.43%
• 3Y*: 26.33%
• 5Y*: 10.84%
• 10Y*: 11.11%

TRUF

• 1D: 0.28%
• 1M: 4.66%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KBE vs. TRUF - Yearly Performance Comparison

	2026 (YTD)
KBE SPDR S&P Bank ETF	19.26%
TRUF VanEck Financials TruSector ETF	15.99%

Correlation

The correlation between KBE and TRUF is 0.61, 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	0.61

Return for Risk

KBE vs. TRUF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KBE

KBE Risk / Return Rank: 43
KBE Sharpe Ratio Rank: 44
KBE Sortino Ratio Rank: 43
KBE Omega Ratio Rank: 46
KBE Calmar Ratio Rank: 45
KBE Martin Ratio Rank: 39

TRUF

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KBE vs. TRUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Bank ETF (KBE) 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.

	KBE	TRUF	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	1.84	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.88	—	—
Martin ratio: Return relative to average drawdown	4.95	—	—

Drawdowns

KBE vs. TRUF - Drawdown Comparison

The maximum KBE drawdown since its inception was -83.15%, which is greater than TRUF's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for KBE and TRUF.

Drawdown Indicators

	KBE	TRUF	Difference
Max Drawdown Largest peak-to-trough decline	-83.15%	-3.24%	-79.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.63%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-53.14%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-27.39%	-1.07%	-26.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	—	—

Volatility

Volatility by Period

	KBE	TRUF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.30%	13.66%	+7.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.15%	13.66%	+13.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.66%	13.66%	+16.00%

KBE vs. TRUF - Expense Ratio Comparison

KBE has a 0.35% expense ratio, which is higher than TRUF's 0.10% expense ratio.

Dividends

KBE vs. TRUF - Dividend Comparison

KBE's dividend yield for the trailing twelve months is around 2.06%, more than TRUF's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KBE SPDR S&P Bank ETF	2.06%	2.51%	2.35%	2.78%	2.99%	2.16%	2.44%	2.33%	2.18%	1.36%	1.39%	1.70%
TRUF VanEck Financials TruSector ETF	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KBE and TRUF in my portfolio?

KBE and TRUF have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KBE 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, KBE or TRUF?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.35% for KBE.

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

KBE has the higher dividend yield at 2.06%, compared with 0.36% for TRUF.

What is the main difference between KBE and TRUF?

They also come from different issuers: State Street and VanEck. Their fees differ too: 0.35% for KBE and 0.10% for TRUF.