KNCT vs. TRUT
KNCT (Invesco Next Gen Connectivity ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. KNCT is passively managed, while TRUT is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. KNCT charges 0.40%/yr vs 0.13%/yr for TRUT.
Performance
KNCT vs. TRUT - Performance Comparison
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Returns By Period
In the year-to-date period, KNCT achieves a 54.15% return, which is significantly higher than TRUT's 16.13% return.
KNCT
- 1D
- -5.38%
- 1M
- 5.48%
- YTD
- 54.15%
- 6M
- 54.94%
- 1Y
- 84.85%
- 3Y*
- 40.93%
- 5Y*
- 19.32%
- 10Y*
- 21.11%
TRUT
- 1D
- -3.32%
- 1M
- -1.31%
- YTD
- 16.13%
- 6M
- 14.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KNCT vs. TRUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KNCT Invesco Next Gen Connectivity ETF | 54.15% | 14.61% |
TRUT Vaneck Technology Trusector ETF | 16.13% | 9.76% |
Correlation
The correlation between KNCT and TRUT is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025 | 0.84 |
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Return for Risk
KNCT vs. TRUT — Risk / Return Rank
KNCT
TRUT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KNCT vs. TRUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Connectivity ETF (KNCT) and Vaneck Technology Trusector ETF (TRUT). 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.
| KNCT | TRUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.57 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 6.94 | — | — |
| Martin ratioReturn relative to average drawdown | 30.00 | — | — |
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Drawdowns
KNCT vs. TRUT - Drawdown Comparison
The maximum KNCT drawdown since its inception was -57.18%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for KNCT and TRUT.
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Drawdown Indicators
| KNCT | TRUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.18% | -18.55% | -38.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.30% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.55% | — | — |
Current DrawdownCurrent decline from peak | -6.27% | -8.67% | +2.40% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -5.27% | -5.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | — | — |
Volatility
KNCT vs. TRUT - Volatility Comparison
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Volatility by Period
| KNCT | TRUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.64% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.75% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.15% | 23.21% | +1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.96% | 23.21% | +0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.33% | 23.21% | +0.12% |
KNCT vs. TRUT - Expense Ratio Comparison
KNCT has a 0.40% expense ratio, which is higher than TRUT's 0.13% expense ratio.
Dividends
KNCT vs. TRUT - Dividend Comparison
KNCT's dividend yield for the trailing twelve months is around 0.62%, more than TRUT's 0.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
KNCT Invesco Next Gen Connectivity ETF | 0.62% | 0.86% | 1.38% | 0.60% | 2.24% | 0.55% | 0.18% | 0.44% | 1.22% | 0.66% | 0.44% |
TRUT Vaneck Technology Trusector ETF | 0.20% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KNCT and TRUT have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRUT is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUT is cheaper with a 0.13% expense ratio, compared with 0.40% for KNCT.
KNCT has the higher dividend yield at 0.62%, compared with 0.20% for TRUT.
They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.40% for KNCT and 0.13% for TRUT.
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