A side-by-side comparison of Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) and VanEck Consumer Discretionary TruSector ETF (TRUD) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | PEZ | TRUD |
|---|---|---|
| YTD Return | -8.07% | -3.62%✓ |
| 1-Day Change | +0.44%✓ | -0.39% |
| 1-Week Change | +0.86%✓ | -1.64% |
| 1-Month Change | -1.64% | -4.18%✓ |
| Current Price | $93.57 | $24.50 |
| AUM | $24M | $60M✓ |
| MER (Expense Ratio) | 0.6% | 0.16%✓ |
| Dividend Yield | 0.26% | 0.34%✓ |
| Distribution Frequency | NA | — |
| Inception Date | 2006-10-12 | 2025-08-20 |
| Holdings Count | 34 | 5 |
| MorningStar Rating | ★★ | — |
| Category | Consumer Cyclical | Consumer Cyclical |
| Beta | 1.48 | 0.00 |
| 52-Week High | $109.99 | $27.44 |
| 52-Week Low | $90.45 | $22.80 |
| 50-Day MA | $98.27 | $25.59 |
| 200-Day MA | $101.00 | $25.74 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | PEZ | TRUD |
|---|---|---|
| YTD | -8.07% | -3.62%✓ |
| 1 Year | -6.60% | -4.18%✓ |
| 3 Year | +13.36% | — |
| 5 Year | +0.61% | — |
| 10 Year | +8.46% | — |
| 1Y Volatility | 14.00% | 16.58% |
| Sharpe Ratio (3Y) | 0.37 | — |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | VSCO | Victoria's Secret & Co | 6.06% |
| 2 | AMZN | Amazon.com Inc | 5.37% |
| 3 | EBAY | eBay Inc | 4.35% |
| 4 | DAL | Delta Air Lines Inc | 4.04% |
| 5 | ROST | Ross Stores Inc | 3.94% |
| 6 | HLT | Hilton Worldwide Holdings Inc | 3.94% |
| 7 | MAR | Marriott International Inc | 3.89% |
| 8 | CAKE | The Cheesecake Factory | 3.84% |
| 9 | SPHR | Sphere Entertainment Co. | 3.59% |
| 10 | ANF | Abercrombie & Fitch Company | 3.51% |
| 1 | XLY | The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund | 64.18% |
| 2 | AMZN | Amazon.com Inc | 27.40% |
| 3 | TSLA | Tesla Inc | 6.30% |
| 4 | HD | The Home Depot Inc | 1.81% |
| 5 | MCD | McDonald’s Corporation | 0.17% |
Sector Weights
| Sector | PEZ | TRUD |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 12.99% | 0.00% |
| Consumer Cyclicals | 65.57% | 99.14% |
| Consumer Defensive | 5.17% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 3.42% | 0.00% |
| Industrials | 9.97% | 0.00% |
| Real Estate | 2.87% | 0.00% |
| Technology | 0.00% | 0.86% |
| Utilities | 0.00% | 0.00% |
About PEZ
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the consumer discretionary (or cyclicals) sector that have powerful relative strength or momentum characteristics.
About TRUD
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its total assets in equity securities of consumer discretionary-related companies or instruments that provide exposure to consumer discretionary-related companies as determined by the adviser. The fund is non-diversified.
Which ETF is Right for You?
Both PEZ and TRUD are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, TRUD scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between PEZ and TRUD?
PEZ (Invesco DWA Consumer Cyclicals Momentum ETF) and TRUD (VanEck Consumer Discretionary TruSector ETF) are both Canadian-listed ETFs. Key differences include their AUM ($24M vs $60M), dividend yield (0.26% vs 0.34%), and year-to-date performance (-8.07% vs -3.62%).
Is PEZ better than TRUD?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy PEZ and TRUD on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both PEZ and TRUD should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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