PEJ vs. TRUD

Last updated Jun 24, 2026

PEJ (Invesco Dynamic Leisure & Entertainment ETF) and TRUD (VanEck Consumer Discretionary TruSector ETF) are both Consumer Discretionary Equities funds. PEJ is passively managed, while TRUD is actively managed. A 0.61 correlation means they provide meaningful diversification when combined. PEJ charges 0.55%/yr vs 0.16%/yr for TRUD.

Performance

PEJ vs. TRUD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Leisure & Entertainment ETF (PEJ) and VanEck Consumer Discretionary TruSector ETF (TRUD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PEJ achieves a 6.49% return, which is significantly higher than TRUD's -3.87% return.

PEJ

• 1D: 0.39%
• 1M: 7.52%
• YTD: 6.49%
• 6M: 5.49%
• 1Y: 18.98%
• 3Y*: 17.62%
• 5Y*: 4.82%
• 10Y*: 7.66%

TRUD

• 1D: -0.80%
• 1M: -6.30%
• YTD: -3.87%
• 6M: -5.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PEJ vs. TRUD - Yearly Performance Comparison

	2026 (YTD)	2025
PEJ Invesco Dynamic Leisure & Entertainment ETF	6.49%	5.21%
TRUD VanEck Consumer Discretionary TruSector ETF	-3.87%	6.58%

Correlation

The correlation between PEJ and TRUD is 0.61, 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 Aug 21, 2025	0.61

PEJ vs. TRUD - Sectors Allocation Comparison

Sectors	PEJ	TRUD
Consumer Cyclical	59.4%	47.6%
Communication Services	30.1%	0.3%
Consumer Defensive	7.8%	-
Technology	4.2%	0.2%
Industrials	2.6%	0.0%
Financial Services	0.1%	52.0%
Basic Materials	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PEJ vs. TRUD — Risk / Return Rank

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

PEJ

PEJ Risk / Return Rank: 33
PEJ Sharpe Ratio Rank: 30
PEJ Sortino Ratio Rank: 32
PEJ Omega Ratio Rank: 29
PEJ Calmar Ratio Rank: 39
PEJ Martin Ratio Rank: 34

TRUD

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.

PEJ vs. TRUD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Leisure & Entertainment ETF (PEJ) and VanEck Consumer Discretionary TruSector ETF (TRUD). 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.

	PEJ	TRUD	Difference
Sharpe ratio: Return per unit of total volatility	1.04	—	—
Sortino ratio: Return per unit of downside risk	1.62	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.85	—	—
Martin ratio: Return relative to average drawdown	4.80	—	—

Drawdowns

PEJ vs. TRUD - Drawdown Comparison

The maximum PEJ drawdown since its inception was -66.03%, which is greater than TRUD's maximum drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for PEJ and TRUD.

Drawdown Indicators

	PEJ	TRUD	Difference
Max Drawdown Largest peak-to-trough decline	-66.03%	-15.96%	-50.07%
Max Drawdown (1Y) Largest decline over 1 year	-10.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.74%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-58.96%	—	—
Current Drawdown Current decline from peak	-0.76%	-8.61%	+7.85%
Average Drawdown Average peak-to-trough decline	-12.29%	-4.44%	-7.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.97%	—	—

Volatility

Volatility by Period

	PEJ	TRUD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.44%	21.04%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.77%	21.04%	+1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.73%	21.04%	+3.69%

PEJ vs. TRUD - Expense Ratio Comparison

PEJ has a 0.55% expense ratio, which is higher than TRUD's 0.16% expense ratio.

Dividends

PEJ vs. TRUD - Dividend Comparison

PEJ's dividend yield for the trailing twelve months is around 0.51%, more than TRUD's 0.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PEJ Invesco Dynamic Leisure & Entertainment ETF	0.51%	0.24%	0.40%	0.46%	0.43%	0.34%	0.92%	0.39%	0.78%	0.68%	0.68%	0.52%
TRUD VanEck Consumer Discretionary TruSector ETF	0.35%	0.17%	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 PEJ and TRUD in my portfolio?

PEJ and TRUD have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PEJ or TRUD?

On fees, TRUD is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PEJ or TRUD?

TRUD is cheaper with a 0.16% expense ratio, compared with 0.55% for PEJ.

Which ETF pays a higher dividend yield, PEJ or TRUD?

PEJ has the higher dividend yield at 0.51%, compared with 0.35% for TRUD.

What is the main difference between PEJ and TRUD?

They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.55% for PEJ and 0.16% for TRUD.