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TRUT vs XPND

VanEck Technology TruSector ETF

TRUTANasdaq

First Trust Expanded Technology ETF

XPNDCNYSE Arca

Overlap

Expense ratio

TRUT −0.51pt a year

TRUT0.14%XPND0.65%

Avg volume · 30D

TRUT 44.5×the volume

TRUT182KXPND4.1K

TRUT vs XPND Performance

Oct 31, 2025 – Oct 30, 2026

+12.7%TRUT−2.4%XPND

Oct 31, 2025 to Oct 30, 2026. TRUT +12.7%. XPND −2.4%. Use the arrow keys to read each point.−10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
TRUT 0.14%, better
XPND 0.65%
Fund size
TRUT $238M
XPND $37M
1Y total return
TRUT +12.7%, better
XPND −2.4%
Yield (12M)
TRUT 0.35%, better
XPND 0.09%
Holdings
TRUT 77
XPND 51
Avg volume (30D)
TRUT 182K sh, better
XPND 4.1K sh
NAV per share
TRUT $31.15
XPND $36.73
52W range

ETF.net Grade

TRUT: Cost 93, Risk 23, Mission not scored, Tradability 96, Holdings 31, Durability 61. XPND: Cost 43, Risk 28, Mission 86, Tradability 54, Holdings 71, Durability 65.
Pillar letters and Scores for TRUT, XPND, with each pillar’s weight
PillarTRUTXPND
Cost30% weightA93HigherC43
Mission25% weightNot scoredA86
Risk15% weightF23D28Higher
Tradability15% weightA96HigherC54
Holdings10% weightD31A71Higher
Durability5% weightB61B65Higher

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. TRUT 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 ›

TRUT ranks 4th and XPND 19th 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 19CHAUSResidential REIT ETFScore 47
  7. Rank 19CXPNDFirst Trust Expanded Technology ETFScore 47
  8. Rank 22CJPREJPMorgan Realty Income ETFScore 43

Our read on each fund

ETF.net Research

TRUTAVanEck Technology TruSector ETF

XPNDCFirst Trust Expanded Technology 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.

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

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

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

  • 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.
  • 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

  • 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.
  • 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 TRUT profile⁠

Full XPND profile⁠

TRUT vs 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.

TRUT vs XPND Cost

Overpaying XPND vs TRUT

$9,785

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

  • TRUT 0.14%

    $2,932

  • XPND 0.65%

    $12,717

$10,000
30 years

Cost over time

  • TRUT 0.14%
  • 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 $12,717TRUT $2,932

Year by year

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

Expense ratio

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

TRUT 3rd cheapest of 35 funds

XPND 19th cheapest of 35 funds

TRUT vs XPND Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TRUT 0.35%, better
XPND 0.09%
Payout (12M)
TRUT $0.11
XPND $0.03
Last payment
TRUT $0.03
XPND $0.0035
Ex-dividend
TRUT Oct 1, 2026
XPND Sep 24, 2026
Paid on
TRUT Oct 6, 2026
XPND Sep 30, 2026
Frequency
TRUT Quarterly
XPND Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

TRUTQuarterly · 5 paymentsAll TRUT payments⁠
One bar per payment. 5 payments from 2022 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$0.0320232026YTD
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$0.0320232026YTD

TRUT vs XPND Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TRUT 26.8%since Sep 2025XPND 19.1%
Return per unit of riskSharpe ratio, 3 years
TRUT 0.78since Sep 2025XPND 0.93
Worst fallMax drawdown, 5 years
TRUT −18.6%since Aug 2025XPND −38.0%
Market sensitivityBeta, 5 years
TRUT 1.76XPND 1.26

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