SPTE vs. TRUT

Last updated Jun 4, 2026

SPTE (SP Funds S&P Global Technology ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. SPTE is passively managed, while TRUT is actively managed. Their correlation of 0.89 suggests significant overlap in exposure. SPTE charges 0.55%/yr vs 0.13%/yr for TRUT.

Performance

SPTE vs. TRUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global Technology ETF (SPTE) and Vaneck Technology Trusector ETF (TRUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPTE achieves a 41.79% return, which is significantly higher than TRUT's 25.30% return.

SPTE

• 1D: -1.21%
• 1M: 17.88%
• YTD: 41.79%
• 6M: 41.30%
• 1Y: 74.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRUT

• 1D: -1.46%
• 1M: 16.68%
• YTD: 25.30%
• 6M: 24.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPTE vs. TRUT - Yearly Performance Comparison

	2026 (YTD)	2025
SPTE SP Funds S&P Global Technology ETF	41.79%	13.77%
TRUT Vaneck Technology Trusector ETF	25.30%	10.16%

Correlation

The correlation between SPTE and TRUT is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025	0.89

Return for Risk

SPTE vs. TRUT — Risk / Return Rank

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

SPTE

SPTE Risk / Return Rank: 89
SPTE Sharpe Ratio Rank: 92
SPTE Sortino Ratio Rank: 89
SPTE Omega Ratio Rank: 85
SPTE Calmar Ratio Rank: 89
SPTE Martin Ratio Rank: 88

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.

SPTE vs. TRUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and Vaneck Technology Trusector ETF (TRUT). 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.

	SPTE	TRUT	Difference
Sharpe ratio: Return per unit of total volatility	3.40	—	—
Sortino ratio: Return per unit of downside risk	4.16	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	5.42	—	—
Martin ratio: Return relative to average drawdown	19.85	—	—
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

	SPTE	TRUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	2.39	-0.65

Drawdowns

SPTE vs. TRUT - Drawdown Comparison

The maximum SPTE drawdown since its inception was -25.55%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for SPTE and TRUT.

Drawdown Indicators

	SPTE	TRUT	Difference
Max Drawdown Largest peak-to-trough decline	-25.55%	-18.55%	-7.00%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	—	—
Current Drawdown Current decline from peak	-1.21%	-1.46%	+0.25%
Average Drawdown Average peak-to-trough decline	-4.06%	-5.17%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	—	—

Volatility

Volatility by Period

	SPTE	TRUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.02%	21.53%	+0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.82%	21.53%	+4.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.82%	21.53%	+4.29%

SPTE vs. TRUT - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than TRUT's 0.13% expense ratio.

Dividends

SPTE vs. TRUT - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.67%, more than TRUT's 0.19% yield.

Position	TTM	2025	2024
SPTE SP Funds S&P Global Technology ETF	0.67%	0.96%	0.48%
TRUT Vaneck Technology Trusector ETF	0.19%	0.14%	0.00%

Frequently Asked Questions

Can I hold both SPTE and TRUT in my portfolio?

SPTE and TRUT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPTE or TRUT?

On fees, TRUT is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPTE or TRUT?

TRUT is cheaper with a 0.13% expense ratio, compared with 0.55% for SPTE.

Which ETF pays a higher dividend yield, SPTE or TRUT?

SPTE has the higher dividend yield at 0.67%, compared with 0.19% for TRUT.

What is the main difference between SPTE and TRUT?

They also come from different issuers: SP Funds and VanEck. Their fees differ too: 0.55% for SPTE and 0.13% for TRUT.