GTOP vs TRUF

GTOPCGoldman Sachs Technology Opportunities ETF

TRUFCVanEck Financials TruSector ETF

In short

GTOP A 1999-vintage tech stock picker wrapped in an ETF: at least 80% in technology names, free to roam from US mega caps to emerging markets, and measured against the Nasdaq Composite.

TRUF Most active funds exist to beat a benchmark. TRUF is active so it can hug one: it holds US financials at true market weight, sidestepping the diversification caps that force many sector funds to shrink their largest names.

Stated mandate

GTOP The Fund seeks long-term growth of capital. It invests at least 80% of its net assets in technology-company equity investments and generally targets companies expected to benefit from the proliferation of technology.

TRUF The Fund is an actively managed ETF seeking long-term capital appreciation through securities of financials-related companies or instruments providing exposure to such companies.

Why people hold it

• GTOP Genuinely active. Managers hunt companies set to benefit from the spread of technology across US, international and emerging markets instead of tracking a fixed list.
• The 0.65% fee sits right at the median for active US equity ETFs. You pay the going rate for stock picking, not a premium for it.
• The strategy dates to 1999, so its record runs through the dot-com bust and every tech cycle since. Few tech mandates have that much road behind them.
• Scored against the Nasdaq Composite Total Return Index, a demanding yardstick that makes the manager's contribution easy to judge.

• TRUF A 0.10% expense ratio, against a 0.65% median for actively managed US equity funds in its peer group.
• The hybrid build (individual stocks plus targeted ETFs) keeps a sector's biggest contributors at uncapped weight while staying inside fund diversification rules.businesswire.comvaneck.com
• Roughly 80 names, measured against the MarketVector Top US Financials Companies Index. The mandate is the sector itself, not a stock picker's shortlist.

Worth knowing

• GTOP Thinly traded. Spreads can widen, so order type and timing matter more here than with the market's busiest funds.
• One sector, concentrated book. A technology-only portfolio moves harder than a broad market fund, in both directions.
• Broad active core rivals cost far less (DFAU 0.12%, AVLC 0.15%). The extra fee here buys concentrated tech research, not diversification.

• TRUF VanEck says financials has not suffered the weighting distortions that hit tech and consumer discretionary, so the problem this structure solves is smaller here.vaneck.com
• Launched in 2026 and still a small fund, so spreads can run wider than in the sector's household-name ETFs. Limit orders are the usual tool for that.
• Owning other ETFs brings acquired fund fees, one of the items VanEck's expense arrangement does not cover, so total cost sits above the headline fee.vaneck.com

Full GTOP profile⁠

Full TRUF profile⁠