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JTEK vs TRUT

JPMorgan U.S. Tech Leaders ETF

JTEKCNasdaq

VanEck Technology TruSector ETF

TRUTANasdaq

Overlap

21.4%by weight

Expense ratio

TRUT −0.51pt a year

JTEK0.65%TRUT0.14%

Avg volume · 30D

JTEK 1.5×the volume

JTEK268KTRUT182K

JTEK vs TRUT Performance

Oct 31, 2025 – Oct 30, 2026

−3.0%JTEK+12.7%TRUT

Oct 31, 2025 to Oct 30, 2026. JTEK −3.0%. TRUT +12.7%. Use the arrow keys to read each point.−20%−10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
JTEK 0.65%
TRUT 0.14%, better
Fund size
JTEK $4.31B
TRUT $238M
1Y total return
JTEK −3.0%
TRUT +12.7%, better
Yield (12M)
JTEK No data
TRUT 0.35%
Holdings
JTEK 67
TRUT 77
Avg volume (30D)
JTEK 268K sh, better
TRUT 182K sh
NAV per share
JTEK $93.91
TRUT $31.15
52W range

ETF.net Grade

JTEK: Cost 43, Risk 19, Mission not scored, Tradability 64, Holdings 84, Durability 79. TRUT: Cost 93, Risk 23, Mission not scored, Tradability 96, Holdings 31, Durability 61.
Pillar letters and Scores for JTEK, TRUT, with each pillar’s weight
PillarJTEKTRUT
Cost30% weightC43A93Higher
Mission25% weightNot scoredNot scored
Risk15% weightF19F23Higher
Tradability15% weightB64A96Higher
Holdings10% weightA84HigherD31
Durability5% weightA79HigherB61

Rank among US Active Sector funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. JTEK and TRUT are both graded against the same 35 US Active Sector funds, so their Grades compare head to head.

US Active Sector⁠

Category · 35 funds
See all 35 ›

TRUT ranks 4th and JTEK 16th of 35 funds in the US Active Sector Category.

  1. Rank 1AAVREAvantis Real Estate ETFScore 77
  2. Rank 2APSRInvesco Active U.S. Real Estate ETFScore 70
  3. Rank 2BTMEDT. Rowe Price Health Care ETFScore 70
  4. Rank 4ATRUTVanEck Technology TruSector ETFScore 69
  5. Rank 5BUTESVirtus Reaves Utilities ETFScore 66
  6. Rank 15CEIPXFT Energy Income Partners Strategy ETFScore 50
  7. Rank 16CJTEKJPMorgan U.S. Tech Leaders ETFScore 49
  8. Rank 17CCSRECohen & Steers Real Estate Active ETFScore 48

Our read on each fund

ETF.net Research

JTEKCJPMorgan U.S. Tech Leaders ETF

TRUTAVanEck Technology TruSector ETF

In short

JTEK J.P. Morgan's stock-picker take on tech: roughly 60 U.S. names where the manager thinks the market is underrating future growth, including technology-enabled businesses that never show up on a sector screen.

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

JTEK The Fund seeks long-term capital appreciation by investing primarily in technology and technology-enabled companies whose future growth the adviser believes is underappreciated.

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

  • JTEK Active mandate, not an index clone: it targets technology and technology-enabled companies whose future growth the adviser believes is underappreciated.
  • Concentrated by design at about 60 holdings, so an individual pick carries real weight in the portfolio.
  • The 0.65% fee sits right at the median for active US equity ETFs, so the stock-picking does not come at a premium price.
  • A multi-billion-dollar fund from one of the largest asset managers, with moderate daily trading activity behind it.
  • 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

  • JTEK One sector, about 60 stocks. Swings can run sharper than a whole-market fund, in both directions.
  • That 0.65% towers over the systematic peers in its cohort, like DFAU at 0.12% and AVLC at 0.15%. The active research has a fee gap to close.
  • Launched in 2023, so the track record is short. The mandate is long-term capital appreciation, not income.
  • 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 JTEK profile⁠

Full TRUT profile⁠

JTEK vs TRUT Holdings

How JTEK and TRUT differ

Overlap by weight

21.4%

Shared holdings make up 46.8% of JTEK and 45.2% of TRUT.

Level by level

  • Holdings26 in both21.4%
  • Countryby domicile93.4%
  • Asset classEquity100%

Sector

No Sector split for TRUT.

Country, concentration and asset class

Country by domicile

Country weights in JTEK and TRUT, widest gap first
CountryMore in JTEKMore in TRUT
United StatesTRUT +6.2 points
CanadaJTEK +3.1 points
NetherlandsJTEK +2.2 points
TaiwanJTEK +1.0 points
Other countries (3)TRUT +0.1 points

Concentration

Weight in the 10 largest Holdings

  • JTEK35.6%
  • TRUT86.5%

Securities held

  • JTEK67
  • TRUT76

Asset class

JTEK
Equity
TRUT
Equity

Holdings

  • Only in JTEK41
  • In both26
  • Only in TRUT50

Only in JTEK

41 securities, 53.5% of JTEK by weight

  • Meta Platforms Inc Common3.98%
  • Tesla Inc Common Stock3.47%
  • Shopify Inc Common Stock3.05%

Only in TRUT

50 securities, 54.8% of TRUT by weight

  • Technology Select Sector SPDR Fund30.70%
  • Apple Inc15.40%
  • Cisco Systems Inc0.91%

Weight gaps

All 26 Holdings in both funds, largest gap first.

Holding weights in JTEK and TRUT, widest gap first
HoldingMore in JTEKMore in TRUT
NVIDIA Corp Common StockNVDATRUT +11.16 points
Microsoft Corp CommonMSFTTRUT +8.85 points
Crowdstrike Holdings IncCRWDJTEK +3.34 points
Palo Alto Networks IncPANWJTEK +3.03 points
Salesforce.com Inc.CRMJTEK +2.98 points
Micron Technology IncMUTRUT +2.32 points
Twilio Inc Common StockTWLOJTEK +1.89 points
Broadcom Inc CommonAVGOTRUT +1.50 points

All 67 JTEK holdings⁠All 75 TRUT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

JTEK vs TRUT Cost

Overpaying JTEK vs TRUT

$9,785

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JTEK 0.65%

    $12,717

  • TRUT 0.14%

    $2,932

$10,000
30 years

Cost over time

  • JTEK 0.65%
  • TRUT 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530JTEK $12,717TRUT $2,932

Year by year

YearJTEKTRUTOverpaying
10$1,163$256$907
20$4,440$1,000$3,440
30$12,717$2,932$9,785

Expense ratio

  • 0.65%JTEK
  • 0.14%TRUT, cheaper
  • Middle half of US Active Sector funds
  • Median 0.61%

TRUT 3rd cheapest of 35 funds

JTEK 19th cheapest of 35 funds

JTEK vs TRUT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
JTEK No data
TRUT 0.35%
Payout (12M)
JTEK None
TRUT $0.11
Last payment
JTEK No data
TRUT $0.03
Ex-dividend
JTEK No data
TRUT Oct 1, 2026
Paid on
JTEK No data
TRUT Oct 6, 2026
Frequency
JTEK No data
TRUT Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

JTEKAll JTEK payments⁠

No distribution history available.

TRUTQuarterly · 5 paymentsAll TRUT payments⁠
One bar per payment. 5 payments from 2025 to 2026 YTD. Oct 1, 2025 $0.01; Dec 29, 2025 $0.02; Apr 1, 2026 $0.03; Jul 1, 2026 $0.03; Oct 1, 2026 $0.03. Use the arrow keys to read each point.$0$0.032026YTD

JTEK vs TRUT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JTEK 27.0%TRUT 26.8%since Sep 2025
Return per unit of riskSharpe ratio, 3 years
JTEK 0.81TRUT 0.78since Sep 2025
Worst fallMax drawdown, 5 years
JTEK −30.6%since Oct 2023TRUT −18.6%since Aug 2025
Market sensitivityBeta, 5 years
JTEK 1.77TRUT 1.76

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