TRUF vs. GPZ
TRUF (VanEck Financials TruSector ETF) and GPZ (VanEck Alternative Asset Manager ETF) are both Financials Equities funds from VanEck. A 0.60 correlation means they provide meaningful diversification when combined. TRUF charges 0.10%/yr vs 0.40%/yr for GPZ.
Performance
TRUF vs. GPZ - Performance Comparison
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Returns By Period
TRUF
- 1D
- -0.75%
- 1M
- 4.40%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GPZ
- 1D
- -0.35%
- 1M
- 0.02%
- 6M
- -19.32%
- YTD
- -15.40%
- 1Y
- -20.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TRUF vs. GPZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TRUF VanEck Financials TruSector ETF | 15.11% |
GPZ VanEck Alternative Asset Manager ETF | 7.31% |
Correlation
The correlation between TRUF and GPZ is 0.60, 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 Apr 2, 2026 | 0.60 |
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Return for Risk
TRUF vs. GPZ — Risk / Return Rank
TRUF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GPZ
TRUF vs. GPZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Financials TruSector ETF (TRUF) and VanEck Alternative Asset Manager ETF (GPZ). 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.
| TRUF | GPZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.89 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.63 | — |
| Martin ratioReturn relative to average drawdown | — | -1.17 | — |
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Drawdowns
TRUF vs. GPZ - Drawdown Comparison
The maximum TRUF drawdown since its inception was -3.24%, smaller than the maximum GPZ drawdown of -31.72%. Use the drawdown chart below to compare losses from any high point for TRUF and GPZ.
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Drawdown Indicators
| TRUF | GPZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.24% | -31.72% | +28.48% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.72% | — |
Current DrawdownCurrent decline from peak | -0.75% | -22.28% | +21.53% |
Average DrawdownAverage peak-to-trough decline | -1.07% | -13.08% | +12.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 17.14% | — |
Volatility
TRUF vs. GPZ - Volatility Comparison
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Volatility by Period
| TRUF | GPZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.55% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 22.43% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.68% | 27.62% | -13.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.68% | 27.42% | -13.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.68% | 27.42% | -13.74% |
TRUF vs. GPZ - Expense Ratio Comparison
TRUF has a 0.10% expense ratio, which is lower than GPZ's 0.40% expense ratio.
Dividends
TRUF vs. GPZ - Dividend Comparison
TRUF's dividend yield for the trailing twelve months is around 0.36%, less than GPZ's 0.98% yield.
| Position | TTM | 2025 |
|---|---|---|
GPZ VanEck Alternative Asset Manager ETF | 0.98% | 0.83% |
TRUF VanEck Financials TruSector ETF | 0.36% | 0.00% |
Frequently Asked Questions
TRUF and GPZ have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TRUF is cheaper with a 0.10% expense ratio, compared with 0.40% for GPZ.
GPZ has the higher dividend yield at 0.98%, compared with 0.36% for TRUF.
Their fees differ too: 0.10% for TRUF and 0.40% for GPZ.
Find the right allocation for TRUF and GPZ
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