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Data as of .

TSSD vs XDEF: which is really different?

TSSD and XDEF hold 0% of their weight in the same names.

Truth Social American Security & Defense ETF and Xtrackers Europe Defense Technologies ETF.

71.5%TSSD in the S&P 500
0.0%XDEF in the S&P 500
+20.2%TSSD total return, 1 year
−99.1%XDEF total return, 1 year

ETFIQ Off-Index Score: XDEF scores higher

How much of it is not the index it is sold as an alternative to?

TSSD 43.3XDEF 91.80.1, the lowest in this set91.8, the highest

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

TSSD29% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
72%29%of its weight in S&P 500 companiesoutside the S&P 500active share 98% · top ten 60% of the fund · 62 holdings filed Jun 30, 2026 · Nasdaq-100: 36% in72%29%in the S&P 500outsideactive share 98% · top ten 60% of the fund
XDEF100% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 30 holdings filed May 31, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund

0% 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 XDEF hold 0% of their money in the same securities at the same weight.

Only in each
Only in TSSDOnly in XDEF
Palo Alto Networks Inc 9.71%AIRBUS SE 8.69%
Crowdstrike Holdings Inc 7.25%ROLLS-ROYCE HOLDINGS PLC 8.64%
RTX Corp 7.08%SAFRAN SA 8.26%
Palantir Technologies Inc 6.78%BAE SYSTEMS PLC 7.30%
Fortinet Inc 5.76%RHEINMETALL AG 6.95%
Lockheed Martin Corp 5.51%DSV A/S 4.70%
General Dynamics Corp 4.91%THALES SA 4.40%
Cloudflare Inc 4.76%MTU AERO ENGINES AG 4.29%

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 May 31, 2026.

Performance, window by window

TSSD and XDEF over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
TSSDXDEFTSSDXDEFTSSDXDEF
3 months+12.0%+1.8%+9.7 pts−0.5 pts+14.5 pts+4.3 pts
6 months+18.0%−0.4%−0.1 pts−18.5 pts−6.3 pts−24.7 pts
Since launch+20.2%−99.1%+8.4 pts−111.5 pts+3.4 pts−117.1 pts
Open the live comparison on ETFIQ
TSSD and XDEF on the same fields, as of Sep 18, 2026. Source: ETFIQ.
TSSD
Truth Social American Security & Defense ETF
Holds 62 stocks in defense, 72% of its weight in S&P 500 companies
XDEF
Xtrackers Europe Defense Technologies ETF
Holds 30 stocks in defense, 0% of its weight in S&P 500 companies
IssuerYorkvilleXtrackers
ThemeDefenseDefense
In the S&P 50071.5%0.0%
Active share vs the S&P 50097.5%100.0%
In the Nasdaq-10035.8%0.0%
Holdings6230
Top ten, share of the fund60.4%61.5%
Expense ratio0.65%0.35%
Fee for the differing part0.67%0.35%
Total return, 1 year+20.2% (since launch on Dec 30, 2025)−99.1% (since launch on Jan 2, 2026)
vs the S&P 500+8.4 pts−111.5 pts
vs the Nasdaq-100+3.4 pts−117.1 pts
Below its high−7.1%−99.2%
Net assets$7m$4m

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.

XDEF in plain words

By weight, 0% of XDEF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 30 positions, as filed for May 31, 2026. Since it launched on Jan 2, 2026 the fund returned −99.1% with distributions reinvested against +12.4% for the S&P 500, so a holder was behind by 111.5 pts. It sits 99.2% below its all-time high of Jan 16, 2026.

Questions people ask

Do TSSD and XDEF 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, TSSD or XDEF?
TSSD has 72% of its weight in S&P 500 names and XDEF has 0%, so XDEF differs more from the index.
Which is cheaper, TSSD or XDEF?
TSSD charges 0.65% a year and XDEF charges 0.35%, so XDEF 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.

TSSD against XDEF, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, TSSD against XDEF, data as of Sep 18, 2026. https://etfiq.com/compare/themes/tssd-vs-xdef Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources