Do TSSD and WAR hold the same stocks?

By their latest filings, 14% 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, TSSD or WAR?

TSSD has 71% of its weight in S&P 500 names and WAR has 38%, so TSSD differs more from the index.

Which is cheaper, TSSD or WAR?

TSSD charges 0.65% a year and WAR charges 0.60%, so WAR is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

TSSD vs WAR: Holdings Overlap & Returns

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TSSD and WAR hold 14% of their weight in the same names.

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Net assets on Jun 30, 2026: $7.0m for Truth Social American Security & Defense ETF and $41m for U.S. Global Technology and Aerospace & Defense ETF.

TSSD on its own →WAR on its own →

At a glance

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.

WAR · 3 months to Nov 4, 2026 62% of its weight is outside the S&P 500

38% of WAR's weight is in S&P 500 companies and 62% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

WAR costs 0.05 points a year less; WAR is 5.9 times larger.

TSSD vs WAR: Holdings Overlap & Returns
Measure	TSSD	WAR
Drawdown
Measure	TSSD	WAR
Below its all-time high	9.4%, high on Aug 13, 2026	27.7%, high on Jun 2, 2026
Benchmark
Measure	TSSD	WAR
What it tracks	Defense	Defense
Cost and size
Measure	TSSD	WAR
Expense ratio	0.65%	0.60%
Net assets, as of Jun 30, 2026	$7.0m	$41m
Active share vs the S&P 500	98%	92%
Holdings
Measure	TSSD	WAR
Holdings in common	14%

Method

What they share

14%

By the books each fund has filed, TSSD and WAR hold 14% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first TSSD WAR

Axon Enterprise Inc 4.57% 8.71%

Crowdstrike Holdings Inc 7.24% 3.33%

Palantir Technologies Inc 6.78% 3.18%

Cloudflare Inc 4.75% 2.10%

Karman Holdings Inc 0.77% 3.69%

Tenable Holdings Inc 0.37% 1.65%

Only in one fund ↓

Only in TSSD

Palo Alto Networks Inc 9.70%

RTX Corp 7.08%

Fortinet Inc 5.75%

Lockheed Martin Corp 5.50%

General Dynamics Corp 4.91%

L3Harris Technologies Inc 4.08%

Northrop Grumman Corp 4.00%

Teledyne Technologies Inc 2.90%

Only in WAR

Astera Labs Inc 9.45%

Micron Technology Inc 8.54%

Mildef Group AB 7.17%

DroneShield Ltd 5.01%

Intuitive Machines Inc 4.95%

Teradyne Inc 4.93%

Electro Optic Systems Holdings 4.09%

Rolls-Royce Holdings PLC 4.06%

Check overlap with more funds →

Window by window

Window by window: TSSD vs WAR: Holdings Overlap & Returns
	Total return
Window	TSSD	WAR
3 months	−4.9%	−18.5%
6 months	+19.4%	–
Since launch	+17.1%	–

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

Side by side

TSSD Truth Social American Security & Defense ETF · Holds 62 stocks in defense, 71% of its weight in S&P 500 companies WAR U.S. Global Technology and Aerospace & Defense ETF · Holds 28 stocks in defense, 38% of its weight in S&P 500 companies

Issuer Yorkville U.S. Global

Theme Defense Defense

In the S&P 500 71.4% 38.1%

Active share vs the S&P 500 97.6% 92.5%

In the Nasdaq-100 34.0% 48.1%

Holdings 62 28

Top ten, share of the fund 60.4% 61.0%

Expense ratio 0.65% 0.60%

Fee for the differing part 0.67% 0.65%

Total return, 1 year +17.1% (since launch, Dec 30, 2025) not available

vs its benchmark not measured not available

Below its high −9.4% −27.7%

Net assets, as of Jun 30, 2026 $7.0m $41m

As of Nov 4, 2026. Source: ETFIQ.

14% of the two portfolios are the same securities at the same weight.

Alert

About each fund

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.

WAR

By weight, 38% of WAR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 28 positions, as filed for Jun 30, 2026. It sits 27.7% below its all-time high of Jun 2, 2026.

Questions people ask

Do TSSD and WAR hold the same stocks?: By their latest filings, 14% 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, TSSD or WAR?: TSSD has 71% of its weight in S&P 500 names and WAR has 38%, so TSSD differs more from the index.
Which is cheaper, TSSD or WAR?: TSSD charges 0.65% a year and WAR charges 0.60%, so WAR is cheaper. Fees come from each fund's prospectus.

Other comparisons

TSSD vs GCAD TSSD vs WDAF TSSD vs FOWF TSSD vs ARMY WAR vs ARMY WAR vs FOWF WAR vs AMMO WAR vs WDAF

Where to next

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

Sources and dates

TSSD filings on SEC EDGAR ↗

TSSD prospectus with the expense ratio (SEC) ↗

Yorkville website ↗

WAR filings on SEC EDGAR ↗

WAR prospectus with the expense ratio (SEC) ↗

U.S. Global 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.

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

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