TSES vs. RAYS

Last updated Jul 24, 2026

TSES (Truth Social American Energy Security ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - TSES is a Energy Equities fund tracking the Truth Social - Yorkville American Energy Security Index, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. Both are passively managed. TSES charges 0.65%/yr vs 0.50%/yr for RAYS.

Performance

TSES vs. RAYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Energy Security ETF (TSES) and Global X Solar ETF (RAYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSES

• 1D: 0.65%
• 1M: 2.87%
• 6M: 19.43%
• YTD: 26.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RAYS Global X Solar ETF	$0.00	$0.00	$0.00
TSES Truth Social American Energy Security ETF	$25.73K	$48.78K	$86.52K

TSES vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
TSES Truth Social American Energy Security ETF	16.01%
RAYS Global X Solar ETF	0.00%

Return for Risk

TSES vs. RAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Energy Security ETF (TSES) and Global X Solar ETF (RAYS). 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.

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

Drawdowns

TSES vs. RAYS - Drawdown Comparison

The maximum TSES drawdown since its inception was -6.25%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TSES and RAYS.

Drawdown Indicators

	TSES	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	0.00%	-6.25%
Current Drawdown Current decline from peak	-1.55%	0.00%	-1.55%
Average Drawdown Average peak-to-trough decline	-1.98%	0.00%	-1.98%

Volatility

Volatility by Period

	TSES	RAYS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.28%	0.00%	+15.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.28%	0.00%	+15.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.28%	0.00%	+15.28%

TSES vs. RAYS - Expense Ratio Comparison

TSES has a 0.65% expense ratio, which is higher than RAYS's 0.50% expense ratio.

Dividends

TSES vs. RAYS - Dividend Comparison

TSES's dividend yield for the trailing twelve months is around 0.83%, while RAYS has not paid dividends to shareholders.

Position	TTM
RAYS Global X Solar ETF	0.00%
TSES Truth Social American Energy Security ETF	0.83%

Frequently Asked Questions

Which ETF is better, TSES or RAYS?

On fees, RAYS is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSES or RAYS?

RAYS is cheaper with a 0.50% expense ratio, compared with 0.65% for TSES.

Which ETF pays a higher dividend yield, TSES or RAYS?

TSES has the higher dividend yield at 0.83%, compared with 0.00% for RAYS.

What is the main difference between TSES and RAYS?

TSES is categorized as Energy Equities, while RAYS is Alternative Energy Equities. TSES tracks Truth Social - Yorkville American Energy Security Index, while RAYS tracks Solactive Solar Index. They also come from different issuers: Truth Social Funds and Global X. Their fees differ too: 0.65% for TSES and 0.50% for RAYS.