TSSD: Truth Social American Security & Defense ETF
Understanding the Truth Social American Security & Defense ETF (TSSD)
The Truth Social American Security & Defense ETF (TSSD) is an exchange-traded fund listed on the NYSE. This ETF focuses on companies within the security and defense sectors.
What this ETF is trying to do
TSSD invests in a variety of companies, primarily those involved in defense and security. Based on its top holdings, the fund has significant exposure to cybersecurity firms and aerospace/defense contractors. It holds a total of 65 different companies.
Top Holdings:
• Palo Alto Networks Inc (9.34%)
• Palantir Technologies (9.28%)
• Crowdstrike Holdings Inc Class A (8.53%)
• RTX Corp (6.75%)
• Fortinet Inc (5.98%)
• Cloudflare Inc (5.87%)
• Lockheed Martin Corp (5.34%)
• General Dynamics Corp (4.61%)
• Northrop Grumman Corp (3.88%)
• Axon Enterprise Inc (3.35%)
*Note: This list is partial and holdings can change over time.*
What the numbers show
As of October 5, 2026, the current price of TSSD is $30.66.
When looking at performance for the year-to-date (YTD) period:
• Price Return: The share price has increased by approximately 24.39%. Price return only measures the change in the cost of a single share.
• Total Return: The YTD total return is approximately 24.52%. Total return is a broader measure because it includes both the share price change and any distributions paid out.
Because this ETF does not have a recorded history of stock splits, there is no split-adjusted data to discuss for older timeframes.
Income and distribution explanation
TSSD provides some cash distributions to investors, but they are described as "irregular" or "less frequent." In the last 12 months, there were 3 distributions.
The distribution yield is approximately 8.58%. It is important to remember that a distribution yield tells you how much cash was paid out relative to the share price, but it is not the same as your total return.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While investors often watch for price declines, a falling share price does not always mean the NAV is dropping.
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion. Currently, the erosion score is withheld due to insufficient verified price history, and there is no severe erosion-risk flag present.
Pros
• Strong YTD Growth: The fund has shown significant positive price and total returns so far this year.
• Sector Focus: It provides concentrated exposure to the security and defense industries.
Cons
• Irregular Income: Distributions do not happen on a regular, predictable schedule.
• Limited History: There is insufficient verified price history to provide long-term erosion scores or one-year return data.
Beginner takeaway
TSSD is a fund focused on defense and security companies. While it has seen strong price growth so far this year, its income payments are irregular. When researching ETFs with distributions, always look at the total return rather than just the yield to see how the fund is performing overall.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | PALO ALTO NETWORKS INC | PANW | 9.34% |
| 2 | n/a | PLTR | 9.28% |
| 3 | CROWDSTRIKE HOLDINGS INC CLASS A | CRWD | 8.53% |
| 4 | RTX CORP | RTX | 6.75% |
| 5 | FORTINET INC | FTNT | 5.98% |
| 6 | CLOUDFLARE INC | NET | 5.87% |
| 7 | LOCKHEED MARTIN CORP | LMT | 5.34% |
| 8 | GENERAL DYNAMICS CORP | GD | 4.61% |
| 9 | NORTHROP GRUMMAN CORP | NOC | 3.88% |
| 10 | AXON ENTERPRISE INC | AXON | 3.35% |