TSSD vs. NATO

Last updated Jul 4, 2026

TSSD (Truth Social American Security & Defense ETF) and NATO (Themes Transatlantic Defense ETF) are both Aerospace & Defense funds - TSSD tracks the Truth Social - Yorkville American Security & Defense Index while NATO tracks the Solactive Transatlantic Aerospace and Defense Index. Both are passively managed. A 0.63 correlation means they provide meaningful diversification when combined. TSSD charges 0.65%/yr vs 0.35%/yr for NATO.

Performance

TSSD vs. NATO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Security & Defense ETF (TSSD) and Themes Transatlantic Defense ETF (NATO). 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 NATO's 10.33% return.

TSSD

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

NATO

• 1D: 2.80%
• 1M: 8.82%
• 6M: 8.11%
• YTD: 10.33%
• 1Y: 19.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSSD vs. NATO - Yearly Performance Comparison

	2026 (YTD)	2025
TSSD Truth Social American Security & Defense ETF	17.28%	-1.16%
NATO Themes Transatlantic Defense ETF	10.33%	0.21%

Correlation

The correlation between TSSD and NATO is 0.63, 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	0.63

Return for Risk

TSSD vs. NATO — 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.

NATO

NATO Risk / Return Rank: 26
NATO Sharpe Ratio Rank: 27
NATO Sortino Ratio Rank: 29
NATO Omega Ratio Rank: 26
NATO Calmar Ratio Rank: 27
NATO 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. NATO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Security & Defense ETF (TSSD) and Themes Transatlantic Defense ETF (NATO). 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	NATO	Difference
Sharpe ratio: Return per unit of total volatility	—	0.87	—
Sortino ratio: Return per unit of downside risk	—	1.39	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.17	—
Martin ratio: Return relative to average drawdown	—	2.77	—

Drawdowns

TSSD vs. NATO - Drawdown Comparison

The maximum TSSD drawdown since its inception was -12.02%, smaller than the maximum NATO drawdown of -15.99%. Use the drawdown chart below to compare losses from any high point for TSSD and NATO.

Drawdown Indicators

	TSSD	NATO	Difference
Max Drawdown Largest peak-to-trough decline	-12.02%	-15.99%	+3.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.99%	—
Current Drawdown Current decline from peak	0.00%	-4.57%	+4.57%
Average Drawdown Average peak-to-trough decline	-5.25%	-3.97%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.73%	—

Volatility

Volatility by Period

	TSSD	NATO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.42%	21.50%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.42%	22.68%	+1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.42%	22.68%	+1.74%

TSSD vs. NATO - Expense Ratio Comparison

TSSD has a 0.65% expense ratio, which is higher than NATO's 0.35% expense ratio.

Dividends

TSSD vs. NATO - Dividend Comparison

TSSD's dividend yield for the trailing twelve months is around 0.09%, less than NATO's 0.41% yield.

Position	TTM	2025	2024
NATO Themes Transatlantic Defense ETF	0.41%	0.45%	0.08%
TSSD Truth Social American Security & Defense ETF	0.09%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSSD and NATO in my portfolio?

TSSD and NATO have a correlation of 0.63, 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 NATO?

On fees, NATO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSSD or NATO?

NATO is cheaper with a 0.35% expense ratio, compared with 0.65% for TSSD.

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

NATO has the higher dividend yield at 0.41%, compared with 0.09% for TSSD.

What is the main difference between TSSD and NATO?

TSSD tracks Truth Social - Yorkville American Security & Defense Index, while NATO tracks Solactive Transatlantic Aerospace and Defense Index. They also come from different issuers: Truth Social Funds and Themes. Their fees differ too: 0.65% for TSSD and 0.35% for NATO.