Data as of .
ARMY vs TSSD: which is really different?
ARMY and TSSD hold 11% of their weight in the same names.
ETFIQ Off-Index Score: ARMY 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
11% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ARMY and TSSD hold 11% of their money in the same securities at the same weight.
| Holding | ARMY | TSSD |
|---|---|---|
| PALANTIR TECHNOLOGIES INC | 2.86% | 6.78% |
| LOCKHEED MARTIN CORP | 1.81% | 5.51% |
| RTX CORP | 1.65% | 7.08% |
| GENERAL DYNAMICS CORP | 1.34% | 4.91% |
| L3HARRIS TECHNOLOGIES INC | 1.27% | 4.08% |
| NORTHROP GRUMMAN CORP | 1.12% | 4.00% |
| AEROVIRONMENT INC | 0.70% | 0.64% |
| LEONARDO DRS INC | 1.16% | 0.41% |
| Only in ARMY | Only in TSSD |
|---|---|
| ANDURIL SPV EXPOSURE 14.63% | Palo Alto Networks Inc 9.71% |
| ELBIT SYSTEMS LTD 3.88% | Crowdstrike Holdings Inc 7.25% |
| KONGSBERG GRUPPEN ASA 3.69% | Fortinet Inc 5.76% |
| ROCKET LAB CORP 3.67% | Cloudflare Inc 4.76% |
| DASSAULT AVIATION SA 3.66% | Axon Enterprise Inc 4.58% |
| INDRA SISTEMAS SA 3.65% | Teledyne Technologies Inc 2.90% |
| BAE SYSTEMS PLC 3.58% | Curtiss-Wright Corp 2.76% |
| QINETIQ GROUP PLC 3.55% | Okta Inc 2.12% |
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 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ARMY | TSSD | ARMY | TSSD | ARMY | TSSD | |
| 3 months | −2.2% | +12.0% | −4.4 pts | +9.7 pts | +0.3 pts | +14.5 pts |
| 6 months | not published | +18.0% | not published | −0.1 pts | not published | −6.3 pts |
| Since launch | −6.1% | +20.2% | −23.8 pts | +8.4 pts | −31.2 pts | +3.4 pts |
| ARMY Tema International Defense ETF Holds 34 stocks in defense, 11% 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 | Tema | Yorkville |
| Theme | Defense | Defense |
| In the S&P 500 | 11.1% | 71.5% |
| Active share vs the S&P 500 | 98.4% | 97.5% |
| In the Nasdaq-100 | 2.9% | 35.8% |
| Holdings | 34 | 62 |
| Top ten, share of the fund | 47.4% | 60.4% |
| Expense ratio | 0.68% | 0.65% |
| Fee for the differing part | 0.69% | 0.67% |
| Total return, 1 year | −6.1% (since launch on Mar 31, 2026) | +20.2% (since launch on Dec 30, 2025) |
| vs the S&P 500 | −23.8 pts | +8.4 pts |
| vs the Nasdaq-100 | −31.2 pts | +3.4 pts |
| Below its high | −14.6% | −7.1% |
| Net assets | $7m | $7m |
ARMY in plain words
By weight, 11% of ARMY'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 47% of the fund across 34 positions, as published by its issuer for Sep 18, 2026. Since it launched on Mar 31, 2026 the fund returned −6.1% with distributions reinvested against +17.7% for the S&P 500, so a holder was behind by 23.8 pts. It sits 14.6% 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 ARMY and TSSD hold the same stocks?
- By their latest filings, 11% 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, ARMY or TSSD?
- ARMY has 11% of its weight in S&P 500 names and TSSD has 72%, so ARMY differs more from the index.
- Which is cheaper, ARMY or TSSD?
- ARMY charges 0.68% 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, ARMY against TSSD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/army-vs-tssd Free to use with attribution; the underlying files are at Open data.