VanEck Targets Nvidia, Microsoft Weight Caps With TruSector ETFs For Tech, Consumer Sectors

VanEck has launched two actively managed ETFs, the VanEck Consumer Discretionary TruSector ETF (NASDAQ:TRUD) and VanEck Technology TruSector ETF (NASDAQ:TRUT), aimed at minimizing tracking error by eliminating artificial limits on leading holdings. These ETFs provide full market-cap sector exposure, addressing issues with conventional sector ETFs that underweight major stocks like Nvidia and Microsoft. Additionally, VanEck plans to convert its Emerging Markets Bond Fund into an actively managed ETF to enhance investor access and maintain performance. The company oversees approximately $135.8 billion in assets and celebrates its 70th anniversary this month.