TSES vs. IEO
TSES (Truth Social American Energy Security ETF) and IEO (iShares U.S. Oil & Gas Exploration & Production ETF) are both Energy Equities funds - TSES tracks the Truth Social - Yorkville American Energy Security Index while IEO tracks the Dow Jones U.S. Select Oil Exploration & Production Index. Both are passively managed. A 0.55 correlation means they provide meaningful diversification when combined. TSES charges 0.65%/yr vs 0.42%/yr for IEO.
Performance
TSES vs. IEO - Performance Comparison
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Returns By Period
In the year-to-date period, TSES achieves a 26.80% return, which is significantly lower than IEO's 41.35% return.
TSES
- 1D
- 0.65%
- 1M
- 2.87%
- 6M
- 19.43%
- YTD
- 26.80%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IEO
- 1D
- -0.38%
- 1M
- 13.60%
- 6M
- 34.05%
- YTD
- 41.35%
- 1Y
- 41.78%
- 3Y*
- 13.52%
- 5Y*
- 23.61%
- 10Y*
- 11.39%
- ALL TIME*
- 6.18%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.79M | $6.76M | $9.31M | |
| $25.73K | $48.78K | $86.52K |
TSES vs. IEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSES Truth Social American Energy Security ETF | 26.80% | -0.71% |
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 41.35% | 0.03% |
Correlation
The correlation between TSES and IEO is 0.55, 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 | 0.55 |
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Return for Risk
TSES vs. IEO — Risk / Return Rank
TSES
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IEO
TSES vs. IEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Truth Social American Energy Security ETF (TSES) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). 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.
| TSES | IEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.57 | — |
| Martin ratioReturn relative to average drawdown | — | 6.36 | — |
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Drawdowns
TSES vs. IEO - Drawdown Comparison
The maximum TSES drawdown since its inception was -6.25%, smaller than the maximum IEO drawdown of -79.17%. Use the drawdown chart below to compare losses from any high point for TSES and IEO.
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Drawdown Indicators
| TSES | IEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.25% | -79.17% | +72.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.32% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.00% | — |
Current DrawdownCurrent decline from peak | -1.55% | -2.65% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -26.16% | +24.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.59% | — |
Volatility
TSES vs. IEO - Volatility Comparison
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Volatility by Period
| TSES | IEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.28% | 25.64% | -10.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 30.26% | -14.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 34.92% | -19.64% |
TSES vs. IEO - Expense Ratio Comparison
TSES has a 0.65% expense ratio, which is higher than IEO's 0.42% expense ratio.
Dividends
TSES vs. IEO - Dividend Comparison
TSES's dividend yield for the trailing twelve months is around 0.83%, less than IEO's 1.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 1.86% | 2.61% | 2.63% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% |
TSES Truth Social American Energy Security ETF | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSES and IEO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IEO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEO is cheaper with a 0.42% expense ratio, compared with 0.65% for TSES.
IEO has the higher dividend yield at 1.86%, compared with 0.83% for TSES.
TSES tracks Truth Social - Yorkville American Energy Security Index, while IEO tracks Dow Jones U.S. Select Oil Exploration & Production Index. They also come from different issuers: Truth Social Funds and iShares. Their fees differ too: 0.65% for TSES and 0.42% for IEO.
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