JPRE vs TRUT

JPRECJPMorgan Realty Income ETF

TRUTBVanEck Technology TruSector ETF

In short

JPRE A REIT strategy with a 1998 vintage that stepped into an ETF wrapper in 2022. Roughly 40 real estate names chosen by J.P. Morgan's analysts rather than set by index weights, with income written into the mandate and paid quarterly.

TRUT Diversification rules force most tech ETFs to trim their biggest names. TRUT's answer: own the giants directly up to the legal line, then top up with sector ETFs so the portfolio mirrors the sector's real shape.

Stated mandate

JPRE The fund seeks high total investment return through both capital appreciation and current income.

TRUT The Fund seeks long-term capital appreciation through active investment in securities of information technology-related companies or instruments providing exposure to them.

Why people hold it

• JPRE Not a 2022 startup. The strategy ran as a mutual fund from 1998 and was folded into this ETF in a tax-free reorganization, keeping the same objective and a substantially similar strategy.sec.gov
• Analysts pick the names. The prospectus keeps at least 80% of net assets in REIT equity but leaves room for equity or mortgage REITs, including small caps, instead of index weights.sec.gov
• Income is in the job description. The stated objective pairs current income with capital appreciation, and the fund distributes quarterly.

• TRUT The mechanism is the point. Fund rules cap one stock at 25% and stocks above 5% at 50% combined; TRUT fills the gap with targeted sector ETFs instead of overweighting smaller names.vaneck.comvaneck.com 2
• 0.14% a year for an actively managed fund, against a median near 0.65% across active US equity peers. Cheap enough to sit alongside index products.
• One of the two originals in VanEck's TruSector line, launched in 2025. The approach has since been extended across all 11 GICS sectors.vaneck.comvaneck.com 2
• About 80 positions, quarterly distributions, and steady day-to-day trading. On cost and tradability it lands in the upper tier of its active US equity cohort.

Worth knowing

• JPRE Active hands cost more. The fee sits above the category median and well above index-tracking real estate peers such as AVRE at 0.17%.
• Non-diversified by prospectus and roughly 40 holdings, so a handful of big REITs steer the ride far more than in a broad index fund.sec.gov
• It trades thinly next to the category's heavyweights, so the spread at the moment of trade deserves a look.

• TRUT Part of the exposure arrives through other ETFs rather than shares the fund holds outright. That is the workaround that makes uncapped weights possible, and it adds a layer.vaneck.com
• Uncapped means concentrated. Leaning fully into tech's largest companies ties results to a handful of mega-caps more tightly than a capped sector fund would.vaneck.com
• Launched August 2025, so there is only a short record of how closely the hybrid build actually shadows an uncapped tech benchmark.

Full JPRE profile⁠

Full TRUT profile⁠