Core Insights - Market-cap weighted indexes are highly concentrated, leading to a lack of diversification for investors [2][5] - The rise of equal-weight ETFs aims to provide investors with better exposure beyond major companies [2] - VanEck is developing sector ETFs to navigate concentration limits while complying with federal regulations [2][4] Company Developments - VanEck launched its first two TruSector ETFs in August, focusing on technology and consumer discretionary sectors [3] - A third ETF for communication services is in testing, with potential launch depending on demand [3][4] - The TruSector ETFs invest in individual stocks and other ETFs, adhering to Registered Investment Company weight limits [4] Sector Allocations - The VanEck Technology TruSector ETF (TRUT) has significant allocations: 16% in Nvidia, 14% in Microsoft, 13% in Apple, and 44% in the Technology Select Sector SPDR Fund (XLKI) [4] - The Consumer Discretionary TruSector ETF (TRUD) allocates 20% to Amazon, 6% to Tesla, and 71% to the Consumer Discretionary Select Sector SPDR Fund (XLY) [6] - VanEck filed for additional ETFs covering sectors such as energy, financials, healthcare, industrials, materials, real estate, and utilities [6]