PRVT vs. TRUF

Last updated Jul 10, 2026

PRVT (Tema Listed Private Managers ETF) and TRUF (VanEck Financials TruSector ETF) are both Financials Equities funds. At a 0.20 correlation, their price movements are largely independent. PRVT charges 0.75%/yr vs 0.10%/yr for TRUF.

Performance

PRVT vs. TRUF - Performance Comparison

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

Returns By Period

PRVT

• 1D: 2.08%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRUF

• 1D: 0.93%
• 1M: 6.09%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRVT vs. TRUF - Yearly Performance Comparison

	2026 (YTD)
PRVT Tema Listed Private Managers ETF	1.57%
TRUF VanEck Financials TruSector ETF	-0.15%

Correlation

The correlation between PRVT and TRUF is 0.20, 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 Jul 6, 2026	0.20

Return for Risk

PRVT vs. TRUF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Listed Private Managers ETF (PRVT) 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

PRVT vs. TRUF - Drawdown Comparison

The maximum PRVT drawdown since its inception was -2.95%, smaller than the maximum TRUF drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for PRVT and TRUF.

Drawdown Indicators

	PRVT	TRUF	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-3.24%	+0.29%
Current Drawdown Current decline from peak	-0.93%	-1.12%	+0.19%
Average Drawdown Average peak-to-trough decline	-0.97%	-1.14%	+0.17%

Volatility

Volatility by Period

	PRVT	TRUF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	39.67%	14.12%	+25.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.67%	14.12%	+25.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.67%	14.12%	+25.55%

PRVT vs. TRUF - Expense Ratio Comparison

PRVT has a 0.75% expense ratio, which is higher than TRUF's 0.10% expense ratio.

Dividends

PRVT vs. TRUF - Dividend Comparison

PRVT has not paid dividends to shareholders, while TRUF's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM
PRVT Tema Listed Private Managers ETF	0.00%
TRUF VanEck Financials TruSector ETF	0.37%

Frequently Asked Questions

Can I hold both PRVT and TRUF in my portfolio?

PRVT and TRUF have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRVT 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, PRVT or TRUF?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.75% for PRVT.

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

TRUF has the higher dividend yield at 0.37%, compared with 0.00% for PRVT.

What is the main difference between PRVT and TRUF?

They also come from different issuers: Tema and VanEck. Their fees differ too: 0.75% for PRVT and 0.10% for TRUF.