TRUT vs. XSW

Last updated Apr 2, 2026

Compare and contrast key facts about Vaneck Technology Trusector ETF (TRUT) and SPDR S&P Software & Services ETF (XSW).

TRUT and XSW 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. XSW is a passively managed fund by State Street that tracks the performance of the S&P Software & Services Select Industry Index. It was launched on Sep 28, 2011.

Performance

TRUT vs. XSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vaneck Technology Trusector ETF (TRUT) and SPDR S&P Software & Services ETF (XSW). The values are adjusted to include any dividend payments, if applicable.

TRUT vs. XSW - Yearly Performance Comparison

	2026 (YTD)	2025
TRUT Vaneck Technology Trusector ETF	-8.52%	10.16%
XSW SPDR S&P Software & Services ETF	-23.72%	2.77%

Returns By Period

In the year-to-date period, TRUT achieves a -8.52% return, which is significantly higher than XSW's -23.72% return.

TRUT

• 1D: 1.20%
• 1M: -3.68%
• YTD: -8.52%
• 6M: -7.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XSW

• 1D: 0.32%
• 1M: -6.20%
• YTD: -23.72%
• 6M: -27.49%
• 1Y: -12.12%
• 3Y*: 5.19%
• 5Y*: -2.24%
• 10Y*: 11.87%

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

TRUT vs. XSW - Expense Ratio Comparison

TRUT has a 0.13% expense ratio, which is lower than XSW's 0.35% expense ratio.

XSW

SPDR S&P Software & Services ETF

TRUT

Vaneck Technology Trusector ETF

Return for Risk

TRUT vs. XSW — Risk / Return Rank

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

XSW

XSW Risk / Return Rank: 5
XSW Sharpe Ratio Rank: 5
XSW Sortino Ratio Rank: 5
XSW Omega Ratio Rank: 5
XSW Calmar Ratio Rank: 7
XSW Martin Ratio Rank: 5

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. XSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vaneck Technology Trusector ETF (TRUT) and SPDR S&P Software & Services ETF (XSW). 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	XSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.57	-0.51

Correlation

The correlation between TRUT and XSW is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TRUT vs. XSW - Dividend Comparison

TRUT's dividend yield for the trailing twelve months is around 0.26%, more than XSW's 0.05% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRUT Vaneck Technology Trusector ETF	0.26%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSW SPDR S&P Software & Services ETF	0.05%	0.06%	0.07%	0.20%	0.09%	0.13%	0.26%	0.12%	0.31%	0.46%	0.87%	0.54%

Drawdowns

TRUT vs. XSW - Drawdown Comparison

The maximum TRUT drawdown since its inception was -18.55%, smaller than the maximum XSW drawdown of -45.38%. Use the drawdown chart below to compare losses from any high point for TRUT and XSW.

Drawdown Indicators

	TRUT	XSW	Difference
Max Drawdown Largest peak-to-trough decline	-18.55%	-45.38%	+26.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-32.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.38%	—
Current Drawdown Current decline from peak	-14.11%	-30.45%	+16.34%
Average Drawdown Average peak-to-trough decline	-5.85%	-9.67%	+3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.33%	—

Volatility

Volatility by Period

	TRUT	XSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.40%	30.27%	-8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	28.20%	-6.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.40%	25.86%	-4.46%