PBEU vs. TRUF

Last updated Jul 17, 2026

PBEU (Portfolio Building Block European Banks Index ETF) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds. At a 0.48 correlation, their price movements are largely independent. PBEU charges 0.13%/yr vs 0.10%/yr for TRUF.

Performance

PBEU vs. TRUF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Portfolio Building Block European Banks Index ETF (PBEU) and VanEck Financials TruSector ETF (TRUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PBEU

• 1D: -0.15%
• 1M: 3.63%
• 6M: 14.30%
• YTD: 17.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRUF

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

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

PBEU vs. TRUF - Yearly Performance Comparison

	2026 (YTD)
PBEU Portfolio Building Block European Banks Index ETF	19.47%
TRUF VanEck Financials TruSector ETF	15.99%

Correlation

The correlation between PBEU and TRUF is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.48

Return for Risk

PBEU vs. TRUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block European Banks Index ETF (PBEU) 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.

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

Drawdowns

PBEU vs. TRUF - Drawdown Comparison

The maximum PBEU drawdown since its inception was -17.26%, which is greater than TRUF's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for PBEU and TRUF.

Drawdown Indicators

	PBEU	TRUF	Difference
Max Drawdown Largest peak-to-trough decline	-17.26%	-3.24%	-14.02%
Current Drawdown Current decline from peak	-0.71%	0.00%	-0.71%
Average Drawdown Average peak-to-trough decline	-3.71%	-1.07%	-2.64%

Volatility

Volatility by Period

	PBEU	TRUF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.97%	13.66%	+13.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.97%	13.66%	+13.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.97%	13.66%	+13.31%

PBEU vs. TRUF - Expense Ratio Comparison

PBEU has a 0.13% expense ratio, which is higher than TRUF's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PBEU vs. TRUF - Dividend Comparison

PBEU's dividend yield for the trailing twelve months is around 0.01%, less than TRUF's 0.36% yield.

Position	TTM	2025
PBEU Portfolio Building Block European Banks Index ETF	0.01%	0.01%
TRUF VanEck Financials TruSector ETF	0.36%	0.00%

Frequently Asked Questions

Can I hold both PBEU and TRUF in my portfolio?

PBEU and TRUF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBEU 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, PBEU or TRUF?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.13% for PBEU.

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

TRUF has the higher dividend yield at 0.36%, compared with 0.01% for PBEU.

What is the main difference between PBEU and TRUF?

They also come from different issuers: Portfolio Building Block and VanEck. Their fees differ too: 0.13% for PBEU and 0.10% for TRUF.