TEC vs. TRUT

Last updated Jun 4, 2026

TEC (Harbor Transformative Technologies ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. TEC charges 0.69%/yr vs 0.13%/yr for TRUT.

Performance

TEC vs. TRUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Transformative Technologies ETF (TEC) 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, TEC achieves a 20.38% return, which is significantly lower than TRUT's 25.30% return.

TEC

• 1D: -1.25%
• 1M: 11.87%
• YTD: 20.38%
• 6M: 18.30%
• 1Y: 41.52%
• 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)

TEC vs. TRUT - Yearly Performance Comparison

	2026 (YTD)	2025
TEC Harbor Transformative Technologies ETF	20.38%	12.00%
TRUT Vaneck Technology Trusector ETF	25.30%	10.16%

Correlation

The correlation between TEC and TRUT is 0.91, 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	0.91

Return for Risk

TEC vs. TRUT — Risk / Return Rank

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

TEC

TEC Risk / Return Rank: 55
TEC Sharpe Ratio Rank: 63
TEC Sortino Ratio Rank: 58
TEC Omega Ratio Rank: 58
TEC Calmar Ratio Rank: 49
TEC Martin Ratio Rank: 45

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.

TEC vs. TRUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Transformative Technologies ETF (TEC) 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.

	TEC	TRUT	Difference
Sharpe ratio: Return per unit of total volatility	2.08	—	—
Sortino ratio: Return per unit of downside risk	2.71	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.38	—	—
Martin ratio: Return relative to average drawdown	7.40	—	—
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

	TEC	TRUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.08	2.39	+0.69

Drawdowns

TEC vs. TRUT - Drawdown Comparison

The maximum TEC drawdown since its inception was -17.50%, smaller than the maximum TRUT drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for TEC and TRUT.

Drawdown Indicators

	TEC	TRUT	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-18.55%	+1.05%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	—	—
Current Drawdown Current decline from peak	-1.25%	-1.46%	+0.21%
Average Drawdown Average peak-to-trough decline	-3.46%	-5.17%	+1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.62%	—	—

Volatility

Volatility by Period

	TEC	TRUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.11%	21.53%	-1.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.95%	21.53%	-0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.95%	21.53%	-0.58%

TEC vs. TRUT - Expense Ratio Comparison

TEC has a 0.69% expense ratio, which is higher than TRUT's 0.13% expense ratio.

Dividends

TEC vs. TRUT - Dividend Comparison

TEC has not paid dividends to shareholders, while TRUT's dividend yield for the trailing twelve months is around 0.19%.

Position	TTM	2025
TEC Harbor Transformative Technologies ETF	0.00%	0.00%
TRUT Vaneck Technology Trusector ETF	0.19%	0.14%

Frequently Asked Questions

Can I hold both TEC and TRUT in my portfolio?

With a correlation of 0.91, TEC and TRUT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TEC 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, TEC or TRUT?

TRUT is cheaper with a 0.13% expense ratio, compared with 0.69% for TEC.

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

TRUT has the higher dividend yield at 0.19%, compared with 0.00% for TEC.

What is the main difference between TEC and TRUT?

They also come from different issuers: Harbor and VanEck. Their fees differ too: 0.69% for TEC and 0.13% for TRUT.