NICO vs. TRUO

Last updated Jul 8, 2026

NICO (Hexis Active Nicotine Engagement ETF) and TRUO (VanEck Consumer Staples TruSector ETF) are both Consumer Staples Equities funds. A 0.63 correlation means they provide meaningful diversification when combined. NICO charges 0.70%/yr vs 0.14%/yr for TRUO.

Performance

NICO vs. TRUO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hexis Active Nicotine Engagement ETF (NICO) and VanEck Consumer Staples TruSector ETF (TRUO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NICO

• 1D: 0.73%
• 1M: 2.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRUO

• 1D: 0.99%
• 1M: 1.46%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NICO vs. TRUO - Yearly Performance Comparison

	2026 (YTD)
NICO Hexis Active Nicotine Engagement ETF	3.74%
TRUO VanEck Consumer Staples TruSector ETF	2.42%

Correlation

The correlation between NICO and TRUO is 0.63, 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 Jun 3, 2026	0.63

Return for Risk

NICO vs. TRUO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hexis Active Nicotine Engagement ETF (NICO) and VanEck Consumer Staples TruSector ETF (TRUO). 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

NICO vs. TRUO - Drawdown Comparison

The maximum NICO drawdown since its inception was -8.00%, which is greater than TRUO's maximum drawdown of -3.45%. Use the drawdown chart below to compare losses from any high point for NICO and TRUO.

Drawdown Indicators

	NICO	TRUO	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-3.45%	-4.55%
Current Drawdown Current decline from peak	-3.58%	-0.98%	-2.60%
Average Drawdown Average peak-to-trough decline	-3.86%	-1.26%	-2.60%

Volatility

Volatility by Period

	NICO	TRUO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.02%	18.52%	+1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	18.52%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.02%	18.52%	+1.50%

NICO vs. TRUO - Expense Ratio Comparison

NICO has a 0.70% expense ratio, which is higher than TRUO's 0.14% expense ratio.

Dividends

NICO vs. TRUO - Dividend Comparison

Neither NICO nor TRUO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NICO and TRUO in my portfolio?

NICO and TRUO 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, NICO or TRUO?

On fees, TRUO is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NICO or TRUO?

TRUO is cheaper with a 0.14% expense ratio, compared with 0.70% for NICO.

Which ETF pays a higher dividend yield, NICO or TRUO?

NICO and TRUO have nearly identical dividend yields, around 0.00%.

What is the main difference between NICO and TRUO?

They also come from different issuers: Hexis and VanEck. Their fees differ too: 0.70% for NICO and 0.14% for TRUO.