VanEck Consumer Discretionary TruSector ETF (TRUD) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its total assets in securities of U.S. consumer discretionary-related companies or instruments providing exposure to such companies, including individual stocks such as Amazon.com Inc (21.74%), Tesla Inc (5.94%), Home Depot Inc (1.77%) and McDonald's Corp (0.57%), as well as broad sector ETFs like the Consumer Discretionary Select Sector SPDR Fund (69.99%); the fund offers full market-cap exposure to the consumer discretionary sector without capping restrictions on largest holdings, unlike many traditional sector ETFs, and provides quarterly distributions with a 30-day SEC yield of 0.51% and total expense ratio of 0.14%. Launched on August 20, 2025 and traded on NYSE Arca, TRUD has total net assets of $12.73 million as of December 2, 2025, with performance since inception at 5.18% on a NAV basis. Issued by New York City-headquartered VanEck, a global investment management firm founded in 1955 that specializes in ETFs across sectors and asset classes with offices in Europe, Asia-Pacific and Latin America, the fund represents part of VanEck's TruSector suite designed for precise benchmark tracking by asset allocators and targets investors seeking uncapped consumer discretionary sector exposure amid evolving market dynamics.