IDEF vs. TSSD

Last updated Jul 14, 2026

IDEF (iShares Defense Industrials Active ETF) and TSSD (Truth Social American Security & Defense ETF) are both Aerospace & Defense funds. IDEF is actively managed, while TSSD is passively managed. A 0.72 correlation means they provide meaningful diversification when combined. IDEF charges 0.55%/yr vs 0.65%/yr for TSSD.

Performance

IDEF vs. TSSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Defense Industrials Active ETF (IDEF) and Truth Social American Security & Defense ETF (TSSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDEF achieves a 2.12% return, which is significantly lower than TSSD's 14.93% return.

IDEF

• 1D: -1.75%
• 1M: -2.59%
• 6M: -10.54%
• YTD: 2.12%
• 1Y: 11.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSSD

• 1D: -0.21%
• 1M: 4.38%
• 6M: 6.03%
• YTD: 14.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IDEF vs. TSSD - Yearly Performance Comparison

	2026 (YTD)	2025
IDEF iShares Defense Industrials Active ETF	2.12%	-0.78%
TSSD Truth Social American Security & Defense ETF	14.93%	-1.16%

Correlation

The correlation between IDEF and TSSD is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025	0.72

Return for Risk

IDEF vs. TSSD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDEF

IDEF Risk / Return Rank: 20
IDEF Sharpe Ratio Rank: 19
IDEF Sortino Ratio Rank: 20
IDEF Omega Ratio Rank: 19
IDEF Calmar Ratio Rank: 21
IDEF Martin Ratio Rank: 19

TSSD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDEF vs. TSSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Defense Industrials Active ETF (IDEF) and Truth Social American Security & Defense ETF (TSSD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IDEF	TSSD	Difference
Sharpe ratio: Return per unit of total volatility	0.53	—	—
Sortino ratio: Return per unit of downside risk	0.91	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.76	—	—
Martin ratio: Return relative to average drawdown	1.71	—	—

Drawdowns

IDEF vs. TSSD - Drawdown Comparison

The maximum IDEF drawdown since its inception was -15.69%, which is greater than TSSD's maximum drawdown of -12.02%. Use the drawdown chart below to compare losses from any high point for IDEF and TSSD.

Drawdown Indicators

	IDEF	TSSD	Difference
Max Drawdown Largest peak-to-trough decline	-15.69%	-12.02%	-3.67%
Max Drawdown (1Y) Largest decline over 1 year	-15.69%	—	—
Current Drawdown Current decline from peak	-14.50%	-3.64%	-10.86%
Average Drawdown Average peak-to-trough decline	-4.70%	-5.11%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.96%	—	—

Volatility

Volatility by Period

	IDEF	TSSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.54%	24.25%	-1.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.68%	24.25%	-2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.68%	24.25%	-2.57%

IDEF vs. TSSD - Expense Ratio Comparison

IDEF has a 0.55% expense ratio, which is lower than TSSD's 0.65% expense ratio.

Dividends

IDEF vs. TSSD - Dividend Comparison

IDEF's dividend yield for the trailing twelve months is around 0.34%, more than TSSD's 0.09% yield.

Position	TTM	2025
IDEF iShares Defense Industrials Active ETF	0.34%	0.17%
TSSD Truth Social American Security & Defense ETF	0.09%	0.00%

Frequently Asked Questions

Can I hold both IDEF and TSSD in my portfolio?

IDEF and TSSD have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDEF or TSSD?

On fees, IDEF is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDEF or TSSD?

IDEF is cheaper with a 0.55% expense ratio, compared with 0.65% for TSSD.

Which ETF pays a higher dividend yield, IDEF or TSSD?

IDEF has the higher dividend yield at 0.34%, compared with 0.09% for TSSD.

What is the main difference between IDEF and TSSD?

They also come from different issuers: iShares and Truth Social Funds. Their fees differ too: 0.55% for IDEF and 0.65% for TSSD.