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TRUO vs XLP

VanEck Consumer Staples TruSector ETF

TRUOCNasdaq

State Street Consumer Staples Select Sector SPDR ETF

XLPANYSE Arca

Overlap

Expense ratio

XLP −0.06pt a year

TRUO0.14%XLP0.08%

Avg volume · 30D

XLP 22912.8×the volume

TRUO504XLP11.5M

TRUO vs XLP Performance

Jul 31, 2026 – Oct 30, 2026

+7.1%TRUO+5.8%XLP

Jul 31, 2026 to Oct 30, 2026. TRUO +7.1%. XLP +5.8%. Use the arrow keys to read each point.−5%−2.5%0%2.5%Jul 2026Sep 2026Oct 2026
Expense ratio
TRUO 0.14%
XLP 0.08%, better
Fund size
TRUO $1M
XLP $14.8B
1Y total return
TRUO No data
XLP +20.5%
Yield (12M)
TRUO No data
XLP 2.46%
Holdings
TRUO 37
XLP 37
Avg volume (30D)
TRUO 504 sh
XLP 11.5M sh, better
NAV per share
TRUO $27.30
XLP $88.14
52W range

ETF.net Grade

TRUO: Cost 74, Risk 81, Mission not scored, Tradability 24, Holdings 29, Durability 22. XLP: Cost 94, Risk 68, Mission 78, Tradability 98, Holdings 56, Durability 80.
Pillar letters and Scores for TRUO, XLP, with each pillar’s weight
PillarTRUOXLP
Cost30% weightA74A94Higher
Mission25% weightNot scoredA78
Risk15% weightA81HigherB68
Tradability15% weightF24A98Higher
Holdings10% weightD29B56Higher
Durability5% weightF22A80Higher

Rank among Consumer Staples (Broad) funds

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

Same Category. TRUO and XLP are both graded against the same 12 Consumer Staples (Broad) funds, so their Grades compare head to head.

Consumer Staples (Broad)⁠

Category · 12 funds
See all 12 ›

XLP ranks 1st and TRUO 8th of 12 funds in the Consumer Staples (Broad) Category.

  1. Rank 1AXLPState Street Consumer Staples Select Sector SPDR ETFScore 83
  2. Rank 2AFSTAFidelity MSCI Consumer Staples Index ETFScore 75
  3. Rank 7CPSCCInvesco S&P SmallCap Consumer Staples ETFScore 47
  4. Rank 8CTRUOVanEck Consumer Staples TruSector ETFScore 40
  5. Rank 9DPSLInvesco Dorsey Wright Consumer Staples Momentum ETFScore 37

Our read on each fund

ETF.net Research

TRUOCVanEck Consumer Staples TruSector ETF

XLPAState Street Consumer Staples Select Sector SPDR ETF

In short

TRUO VanEck's answer to a quirk of fund tax law: diversification rules make most staples ETFs trim their biggest names. TRUO is actively managed to hold the sector at full market-cap weight, using a mix of individual stocks and targeted ETFs.

XLP One of the original sector funds, live since December 1998. XLP is the S&P 500's staples aisle: roughly 40 makers of soap, soda, snacks and smokes, cap-weighted, for eight basis points.

Stated mandate

TRUO The Fund is actively managed and seeks long-term capital appreciation through securities of consumer-staples-related companies or instruments providing exposure to them.

XLP The fund seeks to track, before expenses, the price and yield performance of the Consumer Staples Select Sector Index, representing U.S. consumer staples companies.

Why people hold it

  • TRUO RIC diversification rules cap single-stock weight, so index staples funds underweight the giants. TRUO blends stocks with targeted ETFs to keep the leaders at uncapped weight.vaneck.comvaneck.com 2
  • At 0.14% a year it undercuts the 0.37% median for broad staples funds, unusual for an active fund, though index rivals XLP and FSTA sit at 0.08%.
  • Active, but not stock-picking active: the stated aim is reflecting the sector's full economic composition, not making contrarian bets inside it.vaneck.com
  • XLP 0.08% a year against a peer-group median of 0.40%. In a slow-and-steady sector, that fee gap is one of the few things you actually control.
  • Part of the first suite of sector ETFs launched in 1998, and still a multi-billion-dollar fund that trades very actively. Getting in and out is rarely the hard part.ssga.com
  • Ties FSTA on fee and undercuts VDC, while holding strictly to S&P 500 members rather than a wider universe. Clean, literal exposure to the index's staples slice.ssga.com
  • Among the strongest implementations in the staples cohort: broad mandate, quarterly distributions, no structural quirks buried in the wrapper.

Worth knowing

  • TRUO Listed in June 2026, so the record is short and the fund is still building scale. It is not one of the category's heavily traded names, so spreads can run wider than XLP's.vaneck.com
  • Part of the exposure arrives through other ETFs rather than shares directly. That is the mechanism keeping weights uncapped, but it is a wrapper inside a wrapper.vaneck.com
  • Full market-cap weighting cuts both ways: in a top-heavy sector, a few giants drive more of the ride than they do in capped peers.vaneck.com
  • XLP About 40 names, market-cap weighted with index caps applied for diversification. The biggest retailers and household-product giants still carry outsized weight.spglobal.com
  • U.S. only. Foreign staples heavyweights sit outside the mandate; KXI casts a global net, and RSPS spreads weight evenly instead of by size.
  • This is one slice of the S&P 500, not a diversified core. Staples run on their own cycle and can drift far from the broad market for long stretches.

Full TRUO profile⁠

Full XLP profile⁠

TRUO vs XLP 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.

TRUO vs XLP Cost

Overpaying TRUO vs XLP

$1,243

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

  • TRUO 0.14%

    $2,932

  • XLP 0.08%

    $1,689

$10,000
30 years

Cost over time

  • TRUO 0.14%
  • XLP 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530TRUO $2,932XLP $1,689

Year by year

YearTRUOXLPOverpaying
10$256$147$109
20$1,000$575$425
30$2,932$1,689$1,243

Expense ratio

  • 0.14%TRUO
  • 0.08%XLP, cheaper
  • Middle half of Consumer Staples (Broad) funds
  • Median 0.38%

XLP cheapest of 12 funds

TRUO 4th cheapest of 12 funds

TRUO vs XLP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TRUO No data
XLP 2.46%
Payout (12M)
TRUO No data
XLP $2.20
Last payment
TRUO $0.18
XLP $0.54
Ex-dividend
TRUO Oct 1, 2026
XLP Sep 21, 2026
Paid on
TRUO Oct 6, 2026
XLP Sep 23, 2026
Frequency
TRUO Irregular
XLP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

TRUOIrregular · 1 paymentAll TRUO payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Oct 1, 2026 $0.18. Use the arrow keys to read each point.$0$0.502017202020232026YTD
XLPQuarterly · 39 paymentsAll XLP payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.29; Jun 16, 2017 $0.44; Sep 15, 2017 $0.35; Dec 15, 2017 $0.42; Mar 16, 2018 $0.30; Jun 15, 2018 $0.39; Sep 21, 2018 $0.39; Dec 21, 2018 $0.46; Mar 15, 2019 $0.30; Jun 21, 2019 $0.45; Sep 20, 2019 $0.36; Dec 20, 2019 $0.51; Mar 23, 2020 $0.29; Jun 22, 2020 $0.46; Sep 21, 2020 $0.38; Dec 21, 2020 $0.56; Mar 22, 2021 $0.36; Jun 21, 2021 $0.44; Sep 20, 2021 $0.44; Dec 20, 2021 $0.51; Mar 21, 2022 $0.33; Jun 21, 2022 $0.51; Sep 19, 2022 $0.46; Dec 19, 2022 $0.53; Mar 20, 2023 $0.34; Jun 20, 2023 $0.53; Sep 18, 2023 $0.49; Dec 18, 2023 $0.54; Mar 18, 2024 $0.55; Jun 24, 2024 $0.58; Sep 23, 2024 $0.44; Dec 23, 2024 $0.60; Mar 24, 2025 $0.42; Jun 23, 2025 $0.55; Sep 22, 2025 $0.54; Dec 22, 2025 $0.63; Mar 23, 2026 $0.45; Jun 22, 2026 $0.57; Sep 21, 2026 $0.54. Use the arrow keys to read each point.$0$0.502017202020232026YTD

TRUO vs XLP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TRUO No dataXLP 13.2%
Return per unit of riskSharpe ratio, 3 years
TRUO No dataXLP 0.63
Worst fallMax drawdown, 5 years
TRUO No dataXLP −16.3%
Market sensitivityBeta, 5 years
TRUO −0.46XLP 0.48

TRUO and XLP in the news

All news⁠

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