Do AMMO and TSSD hold the same stocks?

By their latest filings, 18% of their books are the same securities at the same weight. 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 17% of its weight in S&P 500 names and TSSD has 71%, 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.

Data as of Nov 4, 2026.

Thematic ETFs

AMMO vs TSSD: Holdings Overlap & Returns

Share on X Download as PDF

AMMO and TSSD hold 18% of their weight in the same names.

askIQ about this page

askIQ about AMMO and TSSD

Net assets: $2.4m on Nov 4, 2026 for VistaShares Defense Supercycle ETF, and $7.0m on Jun 30, 2026 for Truth Social American Security & Defense ETF.

AMMO on its own →TSSD on its own →

At a glance

17.4%

AMMO in the S&P 500

71.4%

TSSD in the S&P 500

−10.6%

AMMO total return, since launch, Jul 16, 2026

+17.1%

TSSD total return, since launch, Dec 30, 2025

AMMO · 3 months to Nov 4, 2026 83% of its weight is outside the S&P 500

17% of AMMO's weight is in S&P 500 companies and 83% is outside the index. Holdings as of Nov 4, 2026.

TSSD · 6 months to Nov 4, 2026 29% of its weight is outside the S&P 500

71% of TSSD's weight is in S&P 500 companies and 29% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

TSSD costs 0.10 points a year less.

AMMO vs TSSD: Holdings Overlap & Returns
Measure	AMMO	TSSD
Drawdown
Measure	AMMO	TSSD
Below its all-time high	23.7%, high on Aug 14, 2026	9.4%, high on Aug 13, 2026
Benchmark
Measure	AMMO	TSSD
What it tracks	Defense	Defense
Cost and size
Measure	AMMO	TSSD
Expense ratio	0.75%	0.65%
Net assets, AMMO as of Nov 4, 2026 and TSSD as of Jun 30, 2026	$2.4m	$7.0m
Holdings
Measure	AMMO	TSSD
Holdings in common	18%

Method

What they share

18%

By the books each fund has filed, AMMO and TSSD hold 18% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

50%

0 half 100%

half

18% in common

Positions both hold · largest shared weight first AMMO TSSD

Palantir Technologies Inc 3.42% 6.78%

L3Harris Technologies Inc 2.94% 4.08%

Teledyne Technologies Inc 2.29% 2.90%

Curtiss-Wright Corp 1.64% 2.76%

RTX Corp 1.59% 7.08%

BWX Technologies Inc 1.43% 1.72%

Moog Inc 2.07% 1.00%

Kratos Defense & Security Solutions Inc 1.82% 0.94%

Karman Holdings Inc 1.25% 0.77%

AeroVironment Inc 1.95% 0.64%

Mercury Systems Inc 1.33% 0.59%

Leonardo DRS Inc 0.76% 0.41%

Only in one fund ↓

Only in AMMO

Mildef Group AB 4.50%

Rheinmetall AG 4.09%

Kitron ASA 3.66%

Cohort PLC 3.37%

Chemring Group PLC 3.20%

LIG Defense&Aerospace Co Ltd 3.12%

TransDigm Group Inc 2.76%

Hensoldt AG 2.69%

Only in TSSD

Palo Alto Networks Inc 9.70%

Crowdstrike Holdings Inc 7.24%

Fortinet Inc 5.75%

Lockheed Martin Corp 5.50%

General Dynamics Corp 4.91%

Cloudflare Inc 4.75%

Axon Enterprise Inc 4.57%

Northrop Grumman Corp 4.00%

Check overlap with more funds →

Window by window

Window by window: AMMO vs TSSD: Holdings Overlap & Returns
	Total return
Window	AMMO	TSSD
3 months	−19.6%	−4.9%
6 months	–	+19.4%
Since launchNot the same days: AMMO Jul 2026 · TSSD Dec 2025	−10.6%	+17.1%

– means no data for this window. Open this comparison in the app →

Side by side

AMMO VistaShares Defense Supercycle ETF · Holds 53 stocks in defense, 17% of its weight in S&P 500 companies TSSD Truth Social American Security & Defense ETF · Holds 62 stocks in defense, 71% of its weight in S&P 500 companies

Issuer VistaShares Yorkville

Theme Defense Defense

In the S&P 500 17.4% 71.4%

Active share vs the S&P 500 98.6% 97.6%

In the Nasdaq-100 4.9% 34.0%

Holdings 53 62

Top ten, share of the fund 33.8% 60.4%

Expense ratio 0.75% 0.65%

Fee for the differing part 0.76% 0.67%

Total return, 1 year −10.6% (since launch, Jul 16, 2026) +17.1% (since launch, Dec 30, 2025)

vs its benchmark not measured not measured

Below its high −23.7% −9.4%

Net assets, AMMO as of Nov 4, 2026 and TSSD as of Jun 30, 2026 $2.4m $7.0m

As of Nov 4, 2026. Source: ETFIQ.

18% of the two portfolios are the same securities at the same weight.

Alert

About each fund

AMMO

By weight, 17% 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 34% of the fund across 53 positions, as published by its issuer for Nov 4, 2026. Since it first traded on Jul 16, 2026 the fund returned −10.6% with distributions reinvested. It sits 23.7% below its all-time high of Aug 14, 2026.

TSSD

By weight, 71% 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 first traded on Dec 30, 2025 the fund returned +17.1% with distributions reinvested. It sits 9.4% below its all-time high of Aug 13, 2026.

Questions people ask

Do AMMO and TSSD hold the same stocks?: By their latest filings, 18% of their books are the same securities at the same weight. 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 17% of its weight in S&P 500 names and TSSD has 71%, 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

AMMO vs AV AMMO vs WDGF AMMO vs XDEF AMMO vs ARMY TSSD vs XDEF TSSD vs WDGF TSSD vs WR TSSD vs WDAF

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AMMO on its own →TSSD on its own →AMMO holdings →TSSD dividend history →TSSD holdings →Method →Standards and sources →

Sources and dates

AMMO filings on SEC EDGAR ↗

AMMO prospectus with the expense ratio (SEC) ↗

VistaShares page for AMMO ↗

TSSD filings on SEC EDGAR ↗

TSSD prospectus with the expense ratio (SEC) ↗

Yorkville website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, AMMO against TSSD, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ammo-vs-tssd

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.