TSSD vs. FOWF

Last updated Jul 4, 2026

TSSD (Truth Social American Security & Defense ETF) and FOWF (Pacer Solactive Whitney Future of Warfare ETF) are both exchange-traded funds - TSSD is a Aerospace & Defense fund tracking the Truth Social - Yorkville American Security & Defense Index, while FOWF is a Industrials Equities fund tracking the Solactive Whitney Future of Warfare Index. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. TSSD charges 0.65%/yr vs 0.49%/yr for FOWF.

Performance

TSSD vs. FOWF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Security & Defense ETF (TSSD) and Pacer Solactive Whitney Future of Warfare ETF (FOWF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSSD achieves a 17.28% return, which is significantly higher than FOWF's 10.78% return.

TSSD

• 1D: 1.33%
• 1M: 4.14%
• 6M: 17.25%
• YTD: 17.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FOWF

• 1D: 1.32%
• 1M: 1.23%
• 6M: 9.25%
• YTD: 10.78%
• 1Y: 17.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSSD vs. FOWF - Yearly Performance Comparison

	2026 (YTD)	2025
TSSD Truth Social American Security & Defense ETF	17.28%	-1.16%
FOWF Pacer Solactive Whitney Future of Warfare ETF	10.78%	-0.75%

Correlation

The correlation between TSSD and FOWF is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025	0.81

Return for Risk

TSSD vs. FOWF — Risk / Return Rank

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

TSSD

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

FOWF

FOWF Risk / Return Rank: 45
FOWF Sharpe Ratio Rank: 45
FOWF Sortino Ratio Rank: 49
FOWF Omega Ratio Rank: 42
FOWF Calmar Ratio Rank: 45
FOWF Martin Ratio Rank: 43

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.

TSSD vs. FOWF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Security & Defense ETF (TSSD) and Pacer Solactive Whitney Future of Warfare ETF (FOWF). 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.

	TSSD	FOWF	Difference
Sharpe ratio: Return per unit of total volatility	—	1.33	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.92	—
Martin ratio: Return relative to average drawdown	—	5.80	—

Drawdowns

TSSD vs. FOWF - Drawdown Comparison

The maximum TSSD drawdown since its inception was -12.02%, roughly equal to the maximum FOWF drawdown of -12.29%. Use the drawdown chart below to compare losses from any high point for TSSD and FOWF.

Drawdown Indicators

	TSSD	FOWF	Difference
Max Drawdown Largest peak-to-trough decline	-12.02%	-12.29%	+0.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.08%	—
Current Drawdown Current decline from peak	0.00%	-1.62%	+1.62%
Average Drawdown Average peak-to-trough decline	-5.25%	-2.15%	-3.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.33%	—

Volatility

Volatility by Period

	TSSD	FOWF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	14.48%	+9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.42%	16.95%	+7.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.42%	16.95%	+7.47%

TSSD vs. FOWF - Expense Ratio Comparison

TSSD has a 0.65% expense ratio, which is higher than FOWF's 0.49% expense ratio.

Dividends

TSSD vs. FOWF - Dividend Comparison

TSSD's dividend yield for the trailing twelve months is around 0.09%, less than FOWF's 0.75% yield.

Position	TTM	2025
FOWF Pacer Solactive Whitney Future of Warfare ETF	0.75%	0.79%
TSSD Truth Social American Security & Defense ETF	0.09%	0.00%

Frequently Asked Questions

Can I hold both TSSD and FOWF in my portfolio?

TSSD and FOWF have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSSD or FOWF?

On fees, FOWF is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSSD or FOWF?

FOWF is cheaper with a 0.49% expense ratio, compared with 0.65% for TSSD.

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

FOWF has the higher dividend yield at 0.75%, compared with 0.09% for TSSD.

What is the main difference between TSSD and FOWF?

TSSD is categorized as Aerospace & Defense, while FOWF is Industrials Equities. TSSD tracks Truth Social - Yorkville American Security & Defense Index, while FOWF tracks Solactive Whitney Future of Warfare Index. They also come from different issuers: Truth Social Funds and Pacer. Their fees differ too: 0.65% for TSSD and 0.49% for FOWF.