Do IETC and TSES hold the same stocks?

By their latest filings, 0% 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, IETC or TSES?

IETC has 86% of its weight in S&P 500 names and TSES has 88%, so TSES differs more from the index.

Which is cheaper, IETC or TSES?

IETC charges 0.18% a year and TSES charges 0.65%, so IETC is cheaper. Fees come from each fund's prospectus.

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IETC vs TSES: which is really different?

IETC and TSES hold 0% of their weight in the same names. iShares U.S. Tech Independence Focused ETF and Truth Social American Energy Security ETF.

85.5%

IETC in the S&P 500

88.4%

TSES in the S&P 500

+12.4%

IETC total return, 1 year

+22.6%

TSES total return, since launch

IETC · 1 year to Sep 30, 202615% of its weight is outside the S&P 500

86% of IETC's weight is in S&P 500 companies and 15% is outside the index

TSES · 6 months to Sep 30, 202612% of its weight is outside the S&P 500

88% of TSES's weight is in S&P 500 companies and 12% is outside the index

ETFIQ Off-Index Score · TSES scores higherHow much of it is not the index it is sold as an alternative to?

IETC 1.5

TSES 31.3

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, IETC and TSES hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding IETC TSES

Only in IETC

NVIDIA 13.59%

BROADCOM INC 7.31%

ADVANCED MICRO DEVICES 6.02%

MICRON TECHNOLOGY 5.67%

APPLE 3.71%

ALPHABET CLASS A 2.85%

LAM RESEARCH 2.78%

PALANTIR TECHNOLOGIES CLASS A 2.71%

Only in TSES

Exxon Mobil Corp 6.93%

Chevron Corp 6.91%

Eaton Corp PLC 6.01%

GE Vernova Inc 4.69%

ConocoPhillips 4.32%

Quanta Services Inc 3.73%

NextEra Energy Inc 3.57%

Southern Co/The 3.52%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	IETC	TSES	IETC	TSES	IETC	TSES
3 months	+7.9%	+2.1%	+5.4 pts	−0.4 pts	+5.8 pts	0.0 pts
6 months	+28.3%	+1.3%	+11.3 pts	−15.7 pts	+1.4 pts	−25.6 pts
1 year	+12.4%	not published	−3.3 pts	not published	−11.4 pts	not published
3 years	+117.6%	not published	+32.6 pts	not published	+7.6 pts	not published
Since launch IETC Mar 2018 · TSES Dec 2025	+404.9%	+22.6%	+168.6 pts	+10.8 pts	+11.6 pts	+2.8 pts

IETC and TSES over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IETC

iShares U.S. Tech Independence Focused ETF · Holds 112 stocks in energy security and critical technology, 86% of its weight in S&P 500 companies

TSES

Truth Social American Energy Security ETF · Holds 70 stocks in energy security and critical technology, 88% of its weight in S&P 500 companies

Issuer iShares Yorkville

Theme Energy security and critical technology Energy security and critical technology

In the S&P 500 85.5% 88.4%

Active share vs the S&P 500 62.6% 94.7%

In the Nasdaq-100 69.1% 11.2%

Holdings 112 70

Top ten, share of the fund 49.7% 46.0%

Expense ratio 0.18% 0.65%

Fee for the differing part 0.29% 0.69%

Total return, 1 year +12.4% +22.6% (since launch on Dec 30, 2025)

vs the S&P 500 −3.3 pts +10.8 pts

vs the Nasdaq-100 −11.4 pts +2.8 pts

Below its high −3.3% −5.2%

Net assets $719m $8m

IETC and TSES on the same fields, as of Sep 30, 2026. Source: ETFIQ.

IETC in plain words

By weight, 86% of IETC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 63%. The top ten holdings are 50% of the fund across 112 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +12.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 3.3 pts.

TSES in plain words

By weight, 88% of TSES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 46% of the fund across 70 positions, as filed for Jun 30, 2026. Since it launched on Dec 30, 2025 the fund returned +22.6% with distributions reinvested against +11.9% for the S&P 500, so a holder was ahead by 10.8 pts. It sits 5.2% below its all-time high of Aug 17, 2026.

Questions people ask

Do IETC and TSES hold the same stocks?: By their latest filings, 0% 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, IETC or TSES?: IETC has 86% of its weight in S&P 500 names and TSES has 88%, so TSES differs more from the index.
Which is cheaper, IETC or TSES?: IETC charges 0.18% a year and TSES charges 0.65%, so IETC is cheaper. Fees come from each fund's prospectus.

Other comparisons

IETC vs NSI IETC vs CRTC IETC vs DRES TSES vs CRTC TSES vs DRES TSES vs NSI

IETC on its own →TSES on its own →How every figure is computed →Standards and sources →

Where these figures came from

IETC filings on SEC EDGAR ↗IETC prospectus with the expense ratio (SEC) ↗iShares page for IETC ↗TSES filings on SEC EDGAR ↗TSES prospectus with the expense ratio (SEC) ↗Yorkville website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IETC against TSES, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ietc-vs-tses

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.