TSSD vs. IDEF

Last updated Jul 4, 2026

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

Performance

TSSD vs. IDEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Security & Defense ETF (TSSD) and iShares Defense Industrials Active ETF (IDEF). 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 IDEF's 7.26% return.

TSSD

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

IDEF

• 1D: 2.87%
• 1M: 2.40%
• 6M: 4.42%
• YTD: 7.26%
• 1Y: 18.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSSD vs. IDEF - Yearly Performance Comparison

	2026 (YTD)	2025
TSSD Truth Social American Security & Defense ETF	17.28%	-1.16%
IDEF iShares Defense Industrials Active ETF	7.26%	-0.78%

Correlation

The correlation between TSSD and IDEF 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

TSSD vs. IDEF — 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.

IDEF

IDEF Risk / Return Rank: 26
IDEF Sharpe Ratio Rank: 26
IDEF Sortino Ratio Rank: 28
IDEF Omega Ratio Rank: 25
IDEF Calmar Ratio Rank: 28
IDEF Martin Ratio Rank: 24

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. IDEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Security & Defense ETF (TSSD) and iShares Defense Industrials Active ETF (IDEF). 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	IDEF	Difference
Sharpe ratio: Return per unit of total volatility	—	0.86	—
Sortino ratio: Return per unit of downside risk	—	1.35	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.22	—
Martin ratio: Return relative to average drawdown	—	2.84	—

Drawdowns

TSSD vs. IDEF - Drawdown Comparison

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

Drawdown Indicators

	TSSD	IDEF	Difference
Max Drawdown Largest peak-to-trough decline	-12.02%	-15.69%	+3.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.69%	—
Current Drawdown Current decline from peak	0.00%	-10.20%	+10.20%
Average Drawdown Average peak-to-trough decline	-5.25%	-4.54%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.71%	—

Volatility

Volatility by Period

	TSSD	IDEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	22.18%	+2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.42%	21.58%	+2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.42%	21.58%	+2.84%

TSSD vs. IDEF - Expense Ratio Comparison

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

Dividends

TSSD vs. IDEF - Dividend Comparison

TSSD's dividend yield for the trailing twelve months is around 0.09%, less than IDEF's 0.32% yield.

Position	TTM	2025
IDEF iShares Defense Industrials Active ETF	0.32%	0.17%
TSSD Truth Social American Security & Defense ETF	0.09%	0.00%

Frequently Asked Questions

Can I hold both TSSD and IDEF in my portfolio?

TSSD and IDEF 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, TSSD or IDEF?

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, TSSD or IDEF?

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

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

IDEF has the higher dividend yield at 0.32%, compared with 0.09% for TSSD.

What is the main difference between TSSD and IDEF?

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