TSSD vs. WDAF

Last updated Jul 17, 2026

TSSD (Truth Social American Security & Defense ETF) and WDAF (WisdomTree Asia Defense Fund) are both Aerospace & Defense funds - TSSD tracks the Truth Social - Yorkville American Security & Defense Index while WDAF tracks the WisdomTree Asia Defense Index. Both are passively managed. At a 0.34 correlation, their price movements are largely independent. TSSD charges 0.65%/yr vs 0.45%/yr for WDAF.

Performance

TSSD vs. WDAF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Security & Defense ETF (TSSD) and WisdomTree Asia Defense Fund (WDAF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSSD achieves a 16.02% return, which is significantly higher than WDAF's 3.22% return.

TSSD

• 1D: -0.76%
• 1M: 5.38%
• 6M: 6.53%
• YTD: 16.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WDAF

• 1D: -0.34%
• 1M: -12.70%
• 6M: -13.30%
• YTD: 3.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSSD vs. WDAF - Yearly Performance Comparison

	2026 (YTD)	2025
TSSD Truth Social American Security & Defense ETF	16.02%	-1.16%
WDAF WisdomTree Asia Defense Fund	3.22%	-1.43%

Correlation

The correlation between TSSD and WDAF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025	0.34

Return for Risk

TSSD vs. WDAF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Security & Defense ETF (TSSD) and WisdomTree Asia Defense Fund (WDAF). 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

TSSD vs. WDAF - Drawdown Comparison

The maximum TSSD drawdown since its inception was -12.02%, smaller than the maximum WDAF drawdown of -22.54%. Use the drawdown chart below to compare losses from any high point for TSSD and WDAF.

Drawdown Indicators

	TSSD	WDAF	Difference
Max Drawdown Largest peak-to-trough decline	-12.02%	-22.54%	+10.52%
Current Drawdown Current decline from peak	-2.72%	-22.54%	+19.82%
Average Drawdown Average peak-to-trough decline	-5.04%	-7.67%	+2.63%

Volatility

Volatility by Period

	TSSD	WDAF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.27%	32.85%	-8.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.27%	32.85%	-8.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.27%	32.85%	-8.58%

TSSD vs. WDAF - Expense Ratio Comparison

TSSD has a 0.65% expense ratio, which is higher than WDAF's 0.45% expense ratio.

Dividends

TSSD vs. WDAF - Dividend Comparison

TSSD's dividend yield for the trailing twelve months is around 0.09%, less than WDAF's 0.13% yield.

Position	TTM	2025
TSSD Truth Social American Security & Defense ETF	0.09%	0.00%
WDAF WisdomTree Asia Defense Fund	0.13%	0.13%

Frequently Asked Questions

Can I hold both TSSD and WDAF in my portfolio?

TSSD and WDAF have a correlation of 0.34, 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 WDAF?

On fees, WDAF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSSD or WDAF?

WDAF is cheaper with a 0.45% expense ratio, compared with 0.65% for TSSD.

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

WDAF has the higher dividend yield at 0.13%, compared with 0.09% for TSSD.

What is the main difference between TSSD and WDAF?

TSSD tracks Truth Social - Yorkville American Security & Defense Index, while WDAF tracks WisdomTree Asia Defense Index. They also come from different issuers: Truth Social Funds and WisdomTree. Their fees differ too: 0.65% for TSSD and 0.45% for WDAF.