TRUT vs. HODL

Last updated Jun 4, 2026

TRUT (Vaneck Technology Trusector ETF) and HODL (VanEck Bitcoin Trust) are both exchange-traded funds - TRUT is a Technology Equities fund actively managed by VanEck, while HODL is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. TRUT is actively managed, while HODL is passively managed. At a 0.45 correlation, their price movements are largely independent. TRUT charges 0.13%/yr vs 0.25%/yr for HODL.

Performance

TRUT vs. HODL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vaneck Technology Trusector ETF (TRUT) 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, TRUT achieves a 25.30% return, which is significantly higher than HODL's -25.27% return.

TRUT

• 1D: -1.46%
• 1M: 16.68%
• YTD: 25.30%
• 6M: 24.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HODL

• 1D: -2.79%
• 1M: -18.34%
• YTD: -25.27%
• 6M: -29.73%
• 1Y: -38.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TRUT vs. HODL - Yearly Performance Comparison

	2026 (YTD)	2025
TRUT Vaneck Technology Trusector ETF	25.30%	10.16%
HODL VanEck Bitcoin Trust	-25.27%	-22.06%

Correlation

The correlation between TRUT and HODL is 0.45, 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 22, 2025	0.45

Return for Risk

TRUT vs. HODL — Risk / Return Rank

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

HODL

HODL Risk / Return Rank: 2
HODL Sharpe Ratio Rank: 2
HODL Sortino Ratio Rank: 2
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.

TRUT vs. HODL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vaneck Technology Trusector ETF (TRUT) 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.

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

Sharpe Ratios by Period

	TRUT	HODL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.39	0.30	+2.09

Drawdowns

TRUT vs. HODL - Drawdown Comparison

The maximum TRUT drawdown since its inception was -18.55%, smaller than the maximum HODL drawdown of -49.25%. Use the drawdown chart below to compare losses from any high point for TRUT and HODL.

Drawdown Indicators

	TRUT	HODL	Difference
Max Drawdown Largest peak-to-trough decline	-18.55%	-49.25%	+30.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.25%	—
Current Drawdown Current decline from peak	-1.46%	-47.93%	+46.47%
Average Drawdown Average peak-to-trough decline	-5.17%	-15.97%	+10.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.35%	—

Volatility

Volatility by Period

	TRUT	HODL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.53%	43.51%	-21.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.53%	49.88%	-28.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.53%	49.88%	-28.35%

TRUT vs. HODL - Expense Ratio Comparison

TRUT has a 0.13% 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

TRUT vs. HODL - Dividend Comparison

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

Position	TTM	2025
HODL VanEck Bitcoin Trust	0.00%	0.00%
TRUT Vaneck Technology Trusector ETF	0.19%	0.14%

Frequently Asked Questions

Can I hold both TRUT and HODL in my portfolio?

TRUT and HODL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRUT or HODL?

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, TRUT or HODL?

TRUT is cheaper with a 0.13% expense ratio, compared with 0.25% for HODL.

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

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

What is the main difference between TRUT and HODL?

TRUT is categorized as Technology Equities, while HODL is Cryptocurrency. Their fees differ too: 0.13% for TRUT and 0.25% for HODL.