TRUT vs. ALAI
Compare and contrast key facts about Vaneck Technology Trusector ETF (TRUT) and Alger AI Enablers & Adopters ETF (ALAI).
TRUT and ALAI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TRUT is an actively managed fund by VanEck. It was launched on Aug 20, 2025. ALAI is an actively managed fund by Alger. It was launched on Apr 4, 2024.
Performance
TRUT vs. ALAI - Performance Comparison
Loading graphics...
TRUT vs. ALAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TRUT Vaneck Technology Trusector ETF | -8.52% | 10.16% |
ALAI Alger AI Enablers & Adopters ETF | -6.92% | 12.66% |
Returns By Period
In the year-to-date period, TRUT achieves a -8.52% return, which is significantly lower than ALAI's -6.92% return.
TRUT
- 1D
- 1.20%
- 1M
- -3.68%
- YTD
- -8.52%
- 6M
- -7.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ALAI
- 1D
- 1.73%
- 1M
- -1.35%
- YTD
- -6.92%
- 6M
- -9.68%
- 1Y
- 46.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRUT vs. ALAI - Expense Ratio Comparison
TRUT has a 0.13% expense ratio, which is lower than ALAI's 0.55% expense ratio.
Return for Risk
TRUT vs. ALAI — Risk / Return Rank
TRUT
ALAI
TRUT vs. ALAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vaneck Technology Trusector ETF (TRUT) and Alger AI Enablers & Adopters ETF (ALAI). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading graphics...
Sharpe Ratios by Period
| TRUT | ALAI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 1.08 | -1.02 |
Correlation
The correlation between TRUT and ALAI is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TRUT vs. ALAI - Dividend Comparison
TRUT's dividend yield for the trailing twelve months is around 0.26%, less than ALAI's 1.61% yield.
| TTM | 2025 | 2024 | |
|---|---|---|---|
TRUT Vaneck Technology Trusector ETF | 0.26% | 0.14% | 0.00% |
ALAI Alger AI Enablers & Adopters ETF | 1.61% | 1.50% | 0.66% |
Drawdowns
TRUT vs. ALAI - Drawdown Comparison
The maximum TRUT drawdown since its inception was -18.55%, smaller than the maximum ALAI drawdown of -29.36%. Use the drawdown chart below to compare losses from any high point for TRUT and ALAI.
Loading graphics...
Drawdown Indicators
| TRUT | ALAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.55% | -29.36% | +10.81% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.48% | — |
Current DrawdownCurrent decline from peak | -14.11% | -12.95% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -5.85% | -5.40% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.14% | — |
Volatility
TRUT vs. ALAI - Volatility Comparison
Loading graphics...
Volatility by Period
| TRUT | ALAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.40% | 30.57% | -9.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.40% | 28.79% | -7.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.40% | 28.79% | -7.39% |