LBO vs. TRUF

Last updated Aug 2, 2026

LBO (WHITEWOLF Publicly Listed Private Equity ETF) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds. Both are actively managed. Their 0.63 correlation means they have sometimes moved together and sometimes differently. LBO charges 0.70%/yr vs 0.10%/yr for TRUF.

Performance

LBO vs. TRUF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WHITEWOLF Publicly Listed Private Equity ETF (LBO) and VanEck Financials TruSector ETF (TRUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LBO

• 1D: 0.99%
• 1M: 3.40%
• 6M: -7.82%
• YTD: -10.41%
• 1Y: -14.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.37%

TRUF

• 1D: -0.07%
• 1M: 2.52%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LBO WHITEWOLF Publicly Listed Private Equity ETF	$3.76K	$7.07K	$41.04K
TRUF VanEck Financials TruSector ETF	$20.82K	$18.81K	$11.26K

LBO vs. TRUF - Yearly Performance Comparison

	2026 (YTD)
LBO WHITEWOLF Publicly Listed Private Equity ETF	9.47%
TRUF VanEck Financials TruSector ETF	16.58%

Correlation

The correlation between LBO and TRUF is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.63

Return for Risk

LBO vs. TRUF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LBO

LBO Risk / Return Rank: 4
LBO Sharpe Ratio Rank: 3
LBO Sortino Ratio Rank: 4
LBO Omega Ratio Rank: 4
LBO Calmar Ratio Rank: 5
LBO Martin Ratio Rank: 4

TRUF

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LBO vs. TRUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WHITEWOLF Publicly Listed Private Equity ETF (LBO) 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.

	LBO	TRUF	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	—	—
Sortino ratio: Return per unit of downside risk	-0.90	—	—
Omega ratio: Gain probability vs. loss probability	0.89	—	—
Calmar ratio: Return relative to maximum drawdown	-0.59	—	—
Martin ratio: Return relative to average drawdown	-1.10	—	—

Drawdowns

LBO vs. TRUF - Drawdown Comparison

The maximum LBO drawdown since its inception was -31.40%, which is greater than TRUF's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for LBO and TRUF.

Drawdown Indicators

	LBO	TRUF	Difference
Max Drawdown Largest peak-to-trough decline	-31.40%	-3.24%	-28.16%
Max Drawdown (1Y) Largest decline over 1 year	-27.32%	—	—
Current Drawdown Current decline from peak	-21.24%	-1.04%	-20.20%
Average Drawdown Average peak-to-trough decline	-9.21%	-1.05%	-8.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.51%	—	—

Volatility

Volatility by Period

	LBO	TRUF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	13.53%	+8.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.15%	13.53%	+7.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.15%	13.53%	+7.62%

LBO vs. TRUF - Expense Ratio Comparison

LBO has a 0.70% expense ratio, which is higher than TRUF's 0.10% expense ratio.

Dividends

LBO vs. TRUF - Dividend Comparison

LBO's dividend yield for the trailing twelve months is around 6.64%, more than TRUF's 0.36% yield.

Position	TTM	2025	2024	2023
LBO WHITEWOLF Publicly Listed Private Equity ETF	6.64%	7.04%	5.79%	1.20%
TRUF VanEck Financials TruSector ETF	0.36%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LBO and TRUF in my portfolio?

LBO and TRUF have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LBO 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, LBO or TRUF?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.70% for LBO.

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

LBO has the higher dividend yield at 6.64%, compared with 0.36% for TRUF.

What is the main difference between LBO and TRUF?

They also come from different issuers: Alpha Architect and VanEck. Their fees differ too: 0.70% for LBO and 0.10% for TRUF.