PSCD vs. TRUD

Last updated Jun 4, 2026

PSCD (Invesco S&P SmallCap Consumer Discretionary ETF) and TRUD (VanEck Consumer Discretionary TruSector ETF) are both Consumer Discretionary Equities funds. PSCD is passively managed, while TRUD is actively managed. A 0.56 correlation means they provide meaningful diversification when combined. PSCD charges 0.29%/yr vs 0.16%/yr for TRUD.

Performance

PSCD vs. TRUD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) 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, PSCD achieves a 4.11% return, which is significantly higher than TRUD's -0.40% return.

PSCD

• 1D: -0.54%
• 1M: 3.79%
• YTD: 4.11%
• 6M: 2.55%
• 1Y: 10.62%
• 3Y*: 8.90%
• 5Y*: -0.65%
• 10Y*: 9.80%

TRUD

• 1D: -1.06%
• 1M: -2.09%
• YTD: -0.40%
• 6M: -0.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCD vs. TRUD - Yearly Performance Comparison

	2026 (YTD)	2025
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	4.11%	-3.43%
TRUD VanEck Consumer Discretionary TruSector ETF	-0.40%	6.73%

Correlation

The correlation between PSCD and TRUD is 0.56, 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 22, 2025	0.56

PSCD vs. TRUD - Sectors Allocation Comparison

Sectors	PSCD	TRUD
Consumer Cyclical	87.7%	48.4%
Consumer Defensive	7.9%	-
Industrials	2.1%	0.0%
Technology	1.6%	0.2%
Real Estate	0.6%	-
Communication Services	0.2%	0.3%
Basic Materials	-	-
Energy	-	-
Financial Services	-	51.3%
Healthcare	-	-
Utilities	-	-

Return for Risk

PSCD vs. TRUD — Risk / Return Rank

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

PSCD

PSCD Risk / Return Rank: 16
PSCD Sharpe Ratio Rank: 15
PSCD Sortino Ratio Rank: 16
PSCD Omega Ratio Rank: 15
PSCD Calmar Ratio Rank: 17
PSCD Martin Ratio Rank: 16

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.

PSCD vs. TRUD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) 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.

	PSCD	TRUD	Difference
Sharpe ratio Return per unit of total volatility	0.44	—	—
Sortino ratio Return per unit of downside risk	0.82	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.62	—	—
Martin ratio Return relative to average drawdown	1.54	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PSCD	TRUD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.40	-0.01

Drawdowns

PSCD vs. TRUD - Drawdown Comparison

The maximum PSCD drawdown since its inception was -56.57%, which is greater than TRUD's maximum drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for PSCD and TRUD.

Drawdown Indicators

	PSCD	TRUD	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-15.96%	-40.61%
Max Drawdown (1Y) Largest decline over 1 year	-17.14%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.57%	—	—
Current Drawdown Current decline from peak	-7.85%	-5.31%	-2.54%
Average Drawdown Average peak-to-trough decline	-11.33%	-4.32%	-7.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.90%	—	—

Volatility

Volatility by Period

	PSCD	TRUD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.18%	20.62%	+3.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.91%	20.62%	+7.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.06%	20.62%	+8.44%

PSCD vs. TRUD - Expense Ratio Comparison

PSCD has a 0.29% expense ratio, which is higher than TRUD's 0.16% expense ratio.

Dividends

PSCD vs. TRUD - Dividend Comparison

PSCD's dividend yield for the trailing twelve months is around 0.91%, more than TRUD's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCD Invesco S&P SmallCap Consumer Discretionary ETF	0.91%	0.94%	1.28%	1.09%	1.60%	0.57%	0.56%	0.91%	1.39%	0.97%	1.07%	1.10%
TRUD VanEck Consumer Discretionary TruSector ETF	0.34%	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 PSCD and TRUD in my portfolio?

PSCD and TRUD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSCD 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, PSCD or TRUD?

TRUD is cheaper with a 0.16% expense ratio, compared with 0.29% for PSCD.

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

PSCD has the higher dividend yield at 0.91%, compared with 0.34% for TRUD.

What is the main difference between PSCD and TRUD?

They also come from different issuers: Invesco and VanEck. Their fees differ too: 0.29% for PSCD and 0.16% for TRUD.