{"url":"https://etfiq.com/compare/themes/ietc-vs-tses","section":"compare","title":"IETC vs TSES: which is really different? | ETFIQ","description":"85.5% of IETC and 88.4% of TSES is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do IETC and TSES hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"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."}},{"@type":"Question","name":"Which is more different from the S&P 500, IETC or TSES?","acceptedAnswer":{"@type":"Answer","text":"IETC has 86% of its weight in S&P 500 names and TSES has 88%, so TSES differs more from the index."}},{"@type":"Question","name":"Which is cheaper, IETC or TSES?","acceptedAnswer":{"@type":"Answer","text":"IETC charges 0.18% a year and TSES charges 0.65%, so IETC is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"IETC vs TSES","item":"https://etfiq.com/compare/themes/ietc-vs-tses"}]},{"@type":"WebPage","name":"IETC vs TSES: which is really different?","description":"85.5% of IETC and 88.4% of TSES is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/ietc-vs-tses","dateModified":"2026-09-30","abstract":"IETC and TSES hold 0% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of IETC and TSES","description":"85.5% of IETC and 88.4% of TSES is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/ietc-vs-tses","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6568,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / IETC vs TSES \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n IETC vs TSES: which is really different?\n\n IETC and TSES hold 0% of their weight in the same names.\n Copy this for sharing \n \n iShares U.S. Tech Independence Focused ETF and Truth Social American Energy Security ETF.\n\n Download as PDF \n\n 85.5% IETC in the S&P 500 \n 88.4% TSES in the S&P 500 \n +12.4% IETC total return, 1 year \n +22.6% TSES total return, since launch \n\n ETFIQ Off-Index Score: TSES scores higher\n How much of it is not the index it is sold as an alternative t","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/ietc-vs-tses","a":{"ticker":"IETC","name":"iShares U.S. Tech Independence Focused ETF","issuer":"iShares","desk":"themes","as_of":"2026-09-30","verdict":"IETC holds 112 stocks, and 14% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/ietc","key_facts":[{"label":"Already in the S&P 500","value":"85.5%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"62.6%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"49.7%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+12.4%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$719m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.18%","as_of":"2026-09-30","source":"485BPOS XBRL, Nov 21, 2025"}]},"b":{"ticker":"TSES","name":"Truth Social American Energy Security ETF","issuer":"Yorkville","desk":"themes","as_of":"2026-09-30","verdict":"TSES holds 70 stocks, and 12% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/tses","key_facts":[{"label":"Already in the S&P 500","value":"88.4%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"94.7%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"46.0%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"+22.6%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$8m","as_of":"2026-09-30","source":"SEC filing, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.65%","as_of":"2026-09-30","source":"485BPOS XBRL, Dec 23, 2025"}]},"overlap_pct":0,"full_text_at":"https://etfiq.com/compare/themes/ietc-vs-tses"}