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TRUF vs XPND

VanEck Financials TruSector ETF

TRUFCNasdaq

First Trust Expanded Technology ETF

XPNDCNYSE Arca

Overlap

6.2%by weight

Expense ratio

TRUF −0.55pt a year

TRUF0.10%XPND0.65%

Avg volume · 30D

XPND 11.0×the volume

TRUF374XPND4.1K

TRUF vs XPND Performance

Jul 31, 2026 – Oct 30, 2026

−0.4%TRUF−2.5%XPND

Jul 31, 2026 to Oct 30, 2026. TRUF −0.4%. XPND −2.5%. Use the arrow keys to read each point.−5%2.5%5%7.5%10%Jul 2026Sep 2026Oct 2026
Expense ratio
TRUF 0.10%, better
XPND 0.65%
Fund size
TRUF $1M
XPND $37M
1Y total return
TRUF No data
XPND −2.4%
Yield (12M)
TRUF No data
XPND 0.09%
Holdings
TRUF 79
XPND 51
Avg volume (30D)
TRUF 374 sh
XPND 4.1K sh, better
NAV per share
TRUF $29.47
XPND $36.73
52W range

ETF.net Grade

TRUF: Cost 99, Risk 92, Mission not scored, Tradability 41, Holdings 32, Durability 17. XPND: Cost 43, Risk 28, Mission 86, Tradability 54, Holdings 71, Durability 65.
Pillar letters and Scores for TRUF, XPND, with each pillar’s weight
PillarTRUFXPND
Cost30% weightA99HigherC43
Mission25% weightNot scoredA86
Risk15% weightA92HigherD28
Tradability15% weightC41C54Higher
Holdings10% weightD32A71Higher
Durability5% weightF17B65Higher

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. TRUF and XPND 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 ›

XPND ranks 19th and TRUF 23rd of 35 funds in the US Active Sector Category.

  1. Rank 19CHAUSResidential REIT ETFScore 47
  2. Rank 19CXPNDFirst Trust Expanded Technology ETFScore 47
  3. Rank 22CJPREJPMorgan Realty Income ETFScore 43
  4. Rank 23CREAIIntelligent Real Estate ETFScore 40
  5. Rank 23CTRUFVanEck Financials TruSector ETFScore 40
  6. Rank 23CTRUHVanEck Healthcare TruSector ETFScore 40

Our read on each fund

ETF.net Research

TRUFCVanEck Financials TruSector ETF

XPNDCFirst Trust Expanded Technology ETF

In short

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.

XPND Most tech ETFs stop at the GICS sector line. XPND steps over it, adding tech-dependent names from financials and communication services, then lets a quant model cut the field to about 50 large caps.

Stated mandate

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.

XPND The Fund seeks long-term capital appreciation. It normally invests at least 80% of net assets in U.S.-listed common stocks of information-technology companies and technology-dependent companies in financials and communication services, using an active quantitative model.

Why people hold it

  • 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.
  • XPND Defines tech by what a company runs on, not its sector label: at least 80% of net assets in US tech plus tech-dependent financials and communication services names.ftportfolios.com
  • Active quant model starts with a large-cap universe and ranks it on operating and financial metrics such as return on equity, momentum and free cash flow growth.businesswire.com
  • Does what the label says: the portfolio lines up closely with the mandate in its prospectus, and it has run this way since launching in 2021.ftportfolios.com

Worth knowing

  • 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
  • XPND Roughly 50 stocks in one theme. Concentration is the whole point, and it swings harder than a broad-market fund in both directions.
  • A small fund that trades lightly, so bid-ask spreads can run wider than on mega-cap tech ETFs. Limit orders matter more here.
  • 0.65% is median for active US equity ETFs, but broad active core peers such as DFAU (0.12%) and AVLC (0.15%) charge a fraction of it.

Full TRUF profile⁠

Full XPND profile⁠

TRUF vs XPND Holdings

How TRUF and XPND differ

Overlap by weight

6.2%

Shared holdings make up 10.7% of XPND and 6.2% of TRUF.

Level by level

  • Holdings3 in both6.2%
  • Countryby domicile98.4%
  • Asset classEquity100%

Sector

No Sector split for TRUF.

Country, concentration and asset class

Country by domicile

Country weights in TRUF and XPND, widest gap first
CountryMore in TRUFMore in XPND
United StatesXPND +1.6 points
SwitzerlandTRUF +1.6 points

Concentration

Weight in the 10 largest Holdings

  • TRUF82.1%
  • XPND47.6%

Securities held

  • TRUF77
  • XPND50

Asset class

TRUF
Equity
XPND
Equity

Holdings

  • Only in TRUF74
  • In both3
  • Only in XPND47

Only in TRUF

74 securities, 93.7% of TRUF by weight

  • Financial Select Sector SPDR Fund59.88%
  • Berkshire Hathaway Inc5.02%
  • Jpmorgan Chase & Co4.57%

Only in XPND

47 securities, 89.0% of XPND by weight

  • Apple Inc.5.23%
  • Microsoft Corporation4.95%
  • Palantir Technologies Inc. (Class A)4.75%

Weight gaps

All 3 Holdings in both funds, largest gap first.

Holding weights in TRUF and XPND, widest gap first
HoldingMore in TRUFMore in XPND
Mastercard IncMAXPND +2.64 points
Visa IncVXPND +1.72 points
Corpay IncCPAYXPND +0.14 points

All 78 TRUF holdings⁠All 50 XPND 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.

TRUF vs XPND Cost

Overpaying XPND vs TRUF

$10,611

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

  • TRUF 0.10%

    $2,106

  • XPND 0.65%

    $12,717

$10,000
30 years

Cost over time

  • TRUF 0.10%
  • XPND 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530XPND $12,717TRUF $2,106

Year by year

YearTRUFXPNDOverpaying
10$183$1,163$980
20$717$4,440$3,723
30$2,106$12,717$10,611

Expense ratio

  • 0.10%TRUF, cheaper
  • 0.65%XPND
  • Middle half of US Active Sector funds
  • Median 0.61%

TRUF cheapest of 35 funds

XPND 19th cheapest of 35 funds

TRUF vs XPND Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TRUF No data
XPND 0.09%
Payout (12M)
TRUF No data
XPND $0.03
Last payment
TRUF $0.10
XPND $0.0035
Ex-dividend
TRUF Oct 1, 2026
XPND Sep 24, 2026
Paid on
TRUF Oct 6, 2026
XPND Sep 30, 2026
Frequency
TRUF Quarterly
XPND Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

TRUFQuarterly · 2 paymentsAll TRUF payments⁠
One bar per payment. 2 payments from 2022 to 2026 YTD. Jul 1, 2026 $0.11; Oct 1, 2026 $0.10. Use the arrow keys to read each point.$0$0.1020232026YTD
XPNDQuarterly · 14 paymentsAll XPND payments⁠
One bar per payment. 14 payments from 2022 to 2026 YTD. Mar 25, 2022 $0.007; Jun 24, 2022 $0.0063; Sep 23, 2022 $0.01; Dec 23, 2022 $0.03; Mar 24, 2023 $0.02; Jun 27, 2023 $0.01; Dec 22, 2023 $0.01; Mar 21, 2024 $0.0061; Dec 13, 2024 $0.03; Jun 26, 2025 $0.02; Dec 12, 2025 $0.01; Mar 26, 2026 $0.0099; Jun 25, 2026 $0.008; Sep 24, 2026 $0.0035. Use the arrow keys to read each point.$0$0.1020232026YTD

TRUF vs XPND Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TRUF No dataXPND 19.1%
Return per unit of riskSharpe ratio, 3 years
TRUF No dataXPND 0.93
Worst fallMax drawdown, 5 years
TRUF No dataXPND −38.0%
Market sensitivityBeta, 5 years
TRUF −1.04XPND 1.26

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