TSNF vs. TSRS

Last updated Jul 24, 2026

TSNF (Truth Social American Next Frontiers ETF) and TSRS (Truth Social American Red State REITs ETF) are both exchange-traded funds - TSNF is a Technology Equities fund tracking the Truth Social - Yorkville American Next Frontiers Index, while TSRS is a REIT fund tracking the Truth Social - Yorkville American Red State REITs Index. Both are passively managed. At a correlation of -0.10, they often move in opposite directions. Both charge a 0.65% expense ratio.

Performance

TSNF vs. TSRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Next Frontiers ETF (TSNF) and Truth Social American Red State REITs ETF (TSRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSNF achieves a 19.82% return, which is significantly higher than TSRS's 14.71% return.

TSNF

• 1D: -0.39%
• 1M: -7.80%
• 6M: 7.31%
• YTD: 19.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TSRS

• 1D: -0.64%
• 1M: 4.16%
• 6M: 12.04%
• YTD: 14.71%
• 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)
TSNF Truth Social American Next Frontiers ETF	$48.82K	$80.28K	$139.42K
TSRS Truth Social American Red State REITs ETF	$17.48K	$17.31K	$21.52K

TSNF vs. TSRS - Yearly Performance Comparison

	2026 (YTD)	2025
TSNF Truth Social American Next Frontiers ETF	19.82%	-1.68%
TSRS Truth Social American Red State REITs ETF	14.71%	-0.30%

Correlation

The correlation between TSNF and TSRS is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025	-0.10

Return for Risk

TSNF vs. TSRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Next Frontiers ETF (TSNF) and Truth Social American Red State REITs ETF (TSRS). 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

TSNF vs. TSRS - Drawdown Comparison

The maximum TSNF drawdown since its inception was -18.59%, which is greater than TSRS's maximum drawdown of -8.32%. Use the drawdown chart below to compare losses from any high point for TSNF and TSRS.

Drawdown Indicators

	TSNF	TSRS	Difference
Max Drawdown Largest peak-to-trough decline	-18.59%	-8.32%	-10.27%
Current Drawdown Current decline from peak	-13.85%	-1.86%	-11.99%
Average Drawdown Average peak-to-trough decline	-6.26%	-1.72%	-4.54%

Volatility

Volatility by Period

	TSNF	TSRS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.12%	14.00%	+20.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.12%	14.00%	+20.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.12%	14.00%	+20.12%

TSNF vs. TSRS - Expense Ratio Comparison

Both TSNF and TSRS have an expense ratio of 0.65%.

Dividends

TSNF vs. TSRS - Dividend Comparison

TSNF has not paid dividends to shareholders, while TSRS's dividend yield for the trailing twelve months is around 2.14%.

Position	TTM
TSNF Truth Social American Next Frontiers ETF	0.00%
TSRS Truth Social American Red State REITs ETF	2.14%

Frequently Asked Questions

Can I hold both TSNF and TSRS in my portfolio?

TSNF and TSRS have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSNF or TSRS?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSNF or TSRS?

TSNF and TSRS have the same expense ratio: 0.65% per year.

Which ETF pays a higher dividend yield, TSNF or TSRS?

TSRS has the higher dividend yield at 2.14%, compared with 0.00% for TSNF.

What is the main difference between TSNF and TSRS?

TSNF is categorized as Technology Equities, while TSRS is REIT. TSNF tracks Truth Social - Yorkville American Next Frontiers Index, while TSRS tracks Truth Social - Yorkville American Red State REITs Index.