Data as of .
TSSD vs XAR: which is really different?
TSSD and XAR hold 28% of their weight in the same names.
ETFIQ Off-Index Score: XAR 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
28% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, TSSD and XAR hold 28% of their money in the same securities at the same weight.
| Holding | TSSD | XAR |
|---|---|---|
| Northrop Grumman Corp | 4.00% | 2.97% |
| Lockheed Martin Corp | 5.51% | 2.95% |
| General Dynamics Corp | 4.91% | 2.90% |
| L3Harris Technologies Inc | 4.08% | 2.86% |
| RTX Corp | 7.08% | 2.85% |
| Curtiss-Wright Corp | 2.76% | 2.92% |
| Axon Enterprise Inc | 4.58% | 2.65% |
| BWX Technologies Inc | 1.72% | 2.73% |
| Kratos Defense & Security Solu | 0.94% | 2.94% |
| Huntington Ingalls Industries | 0.88% | 2.82% |
| Karman Holdings Inc | 0.77% | 2.66% |
| AeroVironment Inc | 0.64% | 3.24% |
| Only in TSSD | Only in XAR |
|---|---|
| Palo Alto Networks Inc 9.71% | HONEYWELL AEROSPACE INC 3.13% |
| Crowdstrike Holdings Inc 7.25% | FTAI AVIATION LTD 2.98% |
| Palantir Technologies Inc 6.78% | ROCKET LAB CORP 2.97% |
| Fortinet Inc 5.76% | TEXTRON INC 2.89% |
| Cloudflare Inc 4.76% | MOOG INC CLASS A 2.88% |
| Teledyne Technologies Inc 2.90% | HOWMET AEROSPACE INC 2.86% |
| Okta Inc 2.12% | GENERAL ELECTRIC 2.80% |
| VeriSign Inc 2.06% | TRANSDIGM GROUP INC 2.80% |
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 | |||
|---|---|---|---|---|---|---|
| TSSD | XAR | TSSD | XAR | TSSD | XAR | |
| 3 months | +12.0% | −15.6% | +9.7 pts | −17.9 pts | +14.5 pts | −13.1 pts |
| 6 months | +18.0% | −7.3% | −0.1 pts | −25.3 pts | −6.3 pts | −31.5 pts |
| 1 year | not published | +6.0% | not published | −10.6 pts | not published | −15.8 pts |
| 3 years | not published | +110.8% | not published | +32.4 pts | not published | +12.7 pts |
| Since launch | +20.2% | +1014.0% | +8.4 pts | +261.0 pts | +3.4 pts | −408.8 pts |
| TSSD Truth Social American Security & Defense ETF Holds 62 stocks in defense, 72% of its weight in S&P 500 companies | XAR State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF Holds 49 stocks in defense, 35% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Yorkville | State Street |
| Theme | Defense | Defense |
| In the S&P 500 | 71.5% | 34.9% |
| Active share vs the S&P 500 | 97.5% | 97.9% |
| In the Nasdaq-100 | 35.8% | 3.1% |
| Holdings | 62 | 49 |
| Top ten, share of the fund | 60.4% | 30.8% |
| Expense ratio | 0.65% | 0.35% |
| Fee for the differing part | 0.67% | 0.36% |
| Total return, 1 year | +20.2% (since launch on Dec 30, 2025) | +6.0% |
| vs the S&P 500 | +8.4 pts | −10.6 pts |
| vs the Nasdaq-100 | +3.4 pts | −15.8 pts |
| Below its high | −7.1% | −19.2% |
| Net assets | $7m | $6.1bn |
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.
XAR in plain words
By weight, 35% of XAR'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 31% of the fund across 49 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +6.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 10.6 pts. It sits 19.2% below its all-time high of Aug 14, 2026.
Questions people ask
- Do TSSD and XAR hold the same stocks?
- By their latest filings, 28% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, TSSD or XAR?
- TSSD has 72% of its weight in S&P 500 names and XAR has 35%, so XAR differs more from the index.
- Which is cheaper, TSSD or XAR?
- TSSD charges 0.65% a year and XAR charges 0.35%, so XAR 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, TSSD against XAR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/tssd-vs-xar Free to use with attribution; the underlying files are at Open data.