PBJ vs. TRUO

Last updated Jul 15, 2026

PBJ (Invesco Dynamic Food & Beverage ETF) and TRUO (VanEck Consumer Staples TruSector ETF) are both Consumer Staples Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. PBJ charges 0.63%/yr vs 0.14%/yr for TRUO.

Performance

PBJ vs. TRUO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Food & Beverage ETF (PBJ) and VanEck Consumer Staples TruSector ETF (TRUO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PBJ

• 1D: -0.98%
• 1M: -0.58%
• 6M: 6.21%
• YTD: 8.10%
• 1Y: 1.61%
• 3Y*: 3.82%
• 5Y*: 4.65%
• 10Y*: 4.83%

TRUO

• 1D: 0.65%
• 1M: -1.68%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBJ vs. TRUO - Yearly Performance Comparison

	2026 (YTD)
PBJ Invesco Dynamic Food & Beverage ETF	1.26%
TRUO VanEck Consumer Staples TruSector ETF	1.69%

Correlation

The correlation between PBJ and TRUO is 0.78, 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	0.78

Return for Risk

PBJ vs. TRUO — Risk / Return Rank

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

PBJ

PBJ Risk / Return Rank: 11
PBJ Sharpe Ratio Rank: 11
PBJ Sortino Ratio Rank: 10
PBJ Omega Ratio Rank: 10
PBJ Calmar Ratio Rank: 11
PBJ Martin Ratio Rank: 11

TRUO

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.

PBJ vs. TRUO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Food & Beverage ETF (PBJ) 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.

	PBJ	TRUO	Difference
Sharpe ratio: Return per unit of total volatility	0.13	—	—
Sortino ratio: Return per unit of downside risk	0.27	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	0.13	—	—
Martin ratio: Return relative to average drawdown	0.29	—	—

Drawdowns

PBJ vs. TRUO - Drawdown Comparison

The maximum PBJ drawdown since its inception was -39.15%, which is greater than TRUO's maximum drawdown of -3.45%. Use the drawdown chart below to compare losses from any high point for PBJ and TRUO.

Drawdown Indicators

	PBJ	TRUO	Difference
Max Drawdown Largest peak-to-trough decline	-39.15%	-3.45%	-35.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.49%	—	—
Current Drawdown Current decline from peak	-4.98%	-1.68%	-3.30%
Average Drawdown Average peak-to-trough decline	-5.40%	-1.39%	-4.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.57%	—	—

Volatility

Volatility by Period

	PBJ	TRUO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	18.39%	-5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	18.39%	-4.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.12%	18.39%	-3.27%

PBJ vs. TRUO - Expense Ratio Comparison

PBJ has a 0.63% expense ratio, which is higher than TRUO's 0.14% expense ratio.

Dividends

PBJ vs. TRUO - Dividend Comparison

PBJ's dividend yield for the trailing twelve months is around 1.27%, while TRUO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PBJ Invesco Dynamic Food & Beverage ETF	1.27%	1.83%	1.11%	1.81%	1.82%	0.90%	1.12%	1.21%	1.41%	0.70%	1.56%	1.24%
TRUO VanEck Consumer Staples TruSector ETF	0.00%	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 PBJ and TRUO in my portfolio?

PBJ and TRUO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBJ 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, PBJ or TRUO?

TRUO is cheaper with a 0.14% expense ratio, compared with 0.63% for PBJ.

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

PBJ has the higher dividend yield at 1.27%, compared with 0.00% for TRUO.

What is the main difference between PBJ and TRUO?

They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.63% for PBJ and 0.14% for TRUO.