Data as of .
AMMO vs TSSD: which is really different?
AMMO and TSSD hold 16% of their weight in the same names.
ETFIQ Off-Index Score: AMMO scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AMMO and TSSD hold 16% of their money in the same securities at the same weight.
| Holding | AMMO | TSSD |
|---|---|---|
| Palantir Technologies Inc | 3.17% | 6.78% |
| L3Harris Technologies Inc | 2.51% | 4.08% |
| Teledyne Technologies Inc | 1.96% | 2.90% |
| Curtiss-Wright Corp | 1.84% | 2.76% |
| BWX Technologies Inc | 1.56% | 1.72% |
| Moog Inc | 2.07% | 1.00% |
| Kratos Defense & Security Solutions Inc | 2.16% | 0.94% |
| Karman Holdings Inc | 1.17% | 0.77% |
| AeroVironment Inc | 2.47% | 0.64% |
| Mercury Systems Inc | 1.66% | 0.59% |
| Leonardo DRS Inc | 0.71% | 0.41% |
| nLight Inc | 0.47% | 0.41% |
| Only in AMMO | Only in TSSD |
|---|---|
| LIG Defense&Aerospace Co Ltd 4.80% | Palo Alto Networks Inc 9.71% |
| Mildef Group AB 3.78% | Crowdstrike Holdings Inc 7.25% |
| Rheinmetall AG 3.76% | RTX Corp 7.08% |
| Kitron ASA 3.50% | Fortinet Inc 5.76% |
| MP Materials Corp 3.05% | Lockheed Martin Corp 5.51% |
| Chemring Group PLC 2.76% | General Dynamics Corp 4.91% |
| Cohort PLC 2.76% | Cloudflare Inc 4.76% |
| TTM Technologies Inc 2.49% | Axon Enterprise Inc 4.58% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AMMO | TSSD | AMMO | TSSD | AMMO | TSSD | |
| 3 months | not published | +12.0% | not published | +9.7 pts | not published | +14.5 pts |
| 6 months | not published | +18.0% | not published | −0.1 pts | not published | −6.3 pts |
| Since launch | +0.9% | +20.2% | −0.8 pts | +8.4 pts | −1.3 pts | +3.4 pts |
| AMMO VistaShares Defense Supercycle ETF Holds 52 stocks in defense, 13% of its weight in S&P 500 companies | TSSD Truth Social American Security & Defense ETF Holds 62 stocks in defense, 72% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | VistaShares | Yorkville |
| Theme | Defense | Defense |
| In the S&P 500 | 12.6% | 71.5% |
| Active share vs the S&P 500 | 99.1% | 97.5% |
| In the Nasdaq-100 | 3.2% | 35.8% |
| Holdings | 52 | 62 |
| Top ten, share of the fund | 32.6% | 60.4% |
| Expense ratio | 0.75% | 0.65% |
| Fee for the differing part | 0.76% | 0.67% |
| Total return, 1 year | +0.9% (since launch on Jul 16, 2026) | +20.2% (since launch on Dec 30, 2025) |
| vs the S&P 500 | −0.8 pts | +8.4 pts |
| vs the Nasdaq-100 | −1.3 pts | +3.4 pts |
| Below its high | −14.0% | −7.1% |
| Net assets | $3m | $7m |
AMMO in plain words
By weight, 13% of AMMO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 33% of the fund across 52 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jul 16, 2026 the fund returned +0.9% with distributions reinvested against +1.7% for the S&P 500, so a holder was behind by 0.8 pts. It sits 14.0% below its all-time high of Aug 14, 2026.
TSSD in plain words
By weight, 72% of TSSD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 60% of the fund across 62 positions, as filed for Jun 30, 2026. Since it launched on Dec 30, 2025 the fund returned +20.2% with distributions reinvested against +11.7% for the S&P 500, so a holder was ahead by 8.4 pts. It sits 7.1% below its all-time high of Aug 13, 2026.
Questions people ask
- Do AMMO and TSSD hold the same stocks?
- By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AMMO or TSSD?
- AMMO has 13% of its weight in S&P 500 names and TSSD has 72%, so AMMO differs more from the index.
- Which is cheaper, AMMO or TSSD?
- AMMO charges 0.75% a year and TSSD charges 0.65%, so TSSD is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AMMO against TSSD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ammo-vs-tssd Free to use with attribution; the underlying files are at Open data.