TRUT vs USNG

TRUTAVanEck Technology TruSector ETF

USNGBAmplify Samsung U.S. Natural Gas Infrastructure ETF

In short

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.

USNG Most energy funds hand you the whole barrel. USNG tracks one molecule: natural gas, from wellhead to pipeline to export dock, in a compact active portfolio of roughly 25 US-listed names picked on growth at a reasonable price.

Stated mandate

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

USNG USNG seeks long-term capital appreciation through primarily U.S.-listed equity securities of natural gas companies benefiting from the U.S. natural gas infrastructure ecosystem across upstream, midstream, and downstream segments.

Why people hold 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.

• USNG One commodity, the full chain: upstream producers, midstream pipelines and downstream users, instead of a broad oil-and-gas basket.amplifyetfs.com
• A 0.59% expense ratio, below the median for its actively managed US equity peer group.
• Stock picking runs through an advertised GARP screen, pairing growth in the gas buildout with a valuation check rather than chasing either alone.amplifyetfs.com
• Built as a standard 1940 Act fund that pays quarterly, so income arrives on a set cadence with 1099 tax reporting, not partnership K-1s.amplifyetfs.com

Worth knowing

• 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.

• USNG Roughly 25 holdings tied to one commodity chain. Gas prices, pipeline approvals and LNG policy move this portfolio hard in both directions.
• A small fund that trades thinly, so spreads can be wide. Limit orders and market-hours trading matter more here than with a mega-cap index fund.
• Launched in 2025, so the track record is short and our review places it in the lower half of its US active equity peer group.

Full TRUT profile⁠

Full USNG profile⁠