TRUD vs. HODL

Last updated Jul 17, 2026

TRUD (VanEck Consumer Discretionary TruSector ETF) and HODL (VanEck Bitcoin Trust) are both exchange-traded funds - TRUD is a Consumer Discretionary Equities fund actively managed by VanEck, while HODL is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. TRUD is actively managed, while HODL is passively managed. At a 0.41 correlation, their price movements are largely independent. TRUD charges 0.16%/yr vs 0.25%/yr for HODL.

Performance

TRUD vs. HODL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Consumer Discretionary TruSector ETF (TRUD) and VanEck Bitcoin Trust (HODL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRUD achieves a 0.01% return, which is significantly higher than HODL's -26.57% return.

TRUD

• 1D: -0.28%
• 1M: -0.20%
• 6M: -2.49%
• YTD: 0.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HODL

• 1D: -1.09%
• 1M: -2.16%
• 6M: -32.59%
• YTD: -26.57%
• 1Y: -46.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TRUD vs. HODL - Yearly Performance Comparison

	2026 (YTD)	2025
TRUD VanEck Consumer Discretionary TruSector ETF	0.01%	6.58%
HODL VanEck Bitcoin Trust	-26.57%	-23.55%

Correlation

The correlation between TRUD and HODL is 0.41, 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 Aug 21, 2025	0.41

Return for Risk

TRUD vs. HODL — Risk / Return Rank

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

TRUD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HODL

HODL Risk / Return Rank: 2
HODL Sharpe Ratio Rank: 1
HODL Sortino Ratio Rank: 1
HODL Omega Ratio Rank: 2
HODL Calmar Ratio Rank: 2
HODL Martin Ratio Rank: 2

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.

TRUD vs. HODL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Consumer Discretionary TruSector ETF (TRUD) and VanEck Bitcoin Trust (HODL). 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.

	TRUD	HODL	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.05	—
Sortino ratio: Return per unit of downside risk	—	-1.59	—
Omega ratio: Gain probability vs. loss probability	—	0.82	—
Calmar ratio: Return relative to maximum drawdown	—	-0.87	—
Martin ratio: Return relative to average drawdown	—	-1.40	—

Drawdowns

TRUD vs. HODL - Drawdown Comparison

The maximum TRUD drawdown since its inception was -15.96%, smaller than the maximum HODL drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for TRUD and HODL.

Drawdown Indicators

	TRUD	HODL	Difference
Max Drawdown Largest peak-to-trough decline	-15.96%	-53.20%	+37.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.20%	—
Current Drawdown Current decline from peak	-4.91%	-48.83%	+43.92%
Average Drawdown Average peak-to-trough decline	-4.54%	-17.64%	+13.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	33.04%	—

Volatility

Volatility by Period

	TRUD	HODL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.89%	44.22%	-23.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.89%	49.59%	-28.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.89%	49.59%	-28.70%

TRUD vs. HODL - Expense Ratio Comparison

TRUD has a 0.16% expense ratio, which is lower than HODL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TRUD vs. HODL - Dividend Comparison

TRUD's dividend yield for the trailing twelve months is around 0.48%, while HODL has not paid dividends to shareholders.

Position	TTM	2025
HODL VanEck Bitcoin Trust	0.00%	0.00%
TRUD VanEck Consumer Discretionary TruSector ETF	0.48%	0.17%

Frequently Asked Questions

Can I hold both TRUD and HODL in my portfolio?

TRUD and HODL have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRUD or HODL?

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, TRUD or HODL?

TRUD is cheaper with a 0.16% expense ratio, compared with 0.25% for HODL.

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

TRUD has the higher dividend yield at 0.48%, compared with 0.00% for HODL.

What is the main difference between TRUD and HODL?

TRUD is categorized as Consumer Discretionary Equities, while HODL is Cryptocurrency. Their fees differ too: 0.16% for TRUD and 0.25% for HODL.