TRUF vs. PBEU

Last updated Jul 21, 2026

TRUF (VanEck Financials TruSector ETF) and PBEU (Portfolio Building Block European Banks Index ETF) are both Financials Equities funds. At a 0.50 correlation, their price movements are largely independent. TRUF charges 0.10%/yr vs 0.13%/yr for PBEU.

Performance

TRUF vs. PBEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Financials TruSector ETF (TRUF) and Portfolio Building Block European Banks Index ETF (PBEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TRUF

• 1D: -0.39%
• 1M: 4.87%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PBEU

• 1D: -1.02%
• 1M: 0.68%
• 6M: 11.63%
• YTD: 15.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TRUF vs. PBEU - Yearly Performance Comparison

	2026 (YTD)
TRUF VanEck Financials TruSector ETF	14.66%
PBEU Portfolio Building Block European Banks Index ETF	17.27%

Correlation

The correlation between TRUF and PBEU is 0.50, 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 Apr 2, 2026	0.50

Return for Risk

TRUF vs. PBEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Financials TruSector ETF (TRUF) and Portfolio Building Block European Banks Index ETF (PBEU). 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.

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

Drawdowns

TRUF vs. PBEU - Drawdown Comparison

The maximum TRUF drawdown since its inception was -3.24%, smaller than the maximum PBEU drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for TRUF and PBEU.

Drawdown Indicators

	TRUF	PBEU	Difference
Max Drawdown Largest peak-to-trough decline	-3.24%	-17.26%	+14.02%
Current Drawdown Current decline from peak	-1.15%	-2.54%	+1.39%
Average Drawdown Average peak-to-trough decline	-1.07%	-3.69%	+2.62%

Volatility

Volatility by Period

	TRUF	PBEU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.63%	26.88%	-13.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.63%	26.88%	-13.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.63%	26.88%	-13.25%

TRUF vs. PBEU - Expense Ratio Comparison

TRUF has a 0.10% expense ratio, which is lower than PBEU's 0.13% 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

TRUF vs. PBEU - Dividend Comparison

TRUF's dividend yield for the trailing twelve months is around 0.36%, more than PBEU's 0.01% yield.

Position	TTM	2025
PBEU Portfolio Building Block European Banks Index ETF	0.01%	0.01%
TRUF VanEck Financials TruSector ETF	0.36%	0.00%

Frequently Asked Questions

Can I hold both TRUF and PBEU in my portfolio?

TRUF and PBEU have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRUF or PBEU?

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.

Which ETF is cheaper, TRUF or PBEU?

TRUF is cheaper with a 0.10% expense ratio, compared with 0.13% for PBEU.

Which ETF pays a higher dividend yield, TRUF or PBEU?

TRUF has the higher dividend yield at 0.36%, compared with 0.01% for PBEU.

What is the main difference between TRUF and PBEU?

They also come from different issuers: VanEck and Portfolio Building Block. Their fees differ too: 0.10% for TRUF and 0.13% for PBEU.