Truth Social American Security & Defense ETF (TSSD) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Truth Social American Security & Defense ETF (TSSD) trades at $29.81. Truth Social American Security & Defense ETF (TSSD) is a passively managed ETF focused on US-listed companies involved in national defense and security. Market cap: $15.3M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for TSSD: TSSD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TSSD against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on TSSD.
How is this calculated? →Truth Social American Security & Defense ETF (TSSD) Financial Services Profile
Truth Social American Security & Defense ETF (TSSD) offers investors exposure to US-listed companies in the national defense and security sectors, utilizing a modified market capitalization methodology. The fund differentiates itself by screening companies based on DEI policies and aims to replicate the performance of its underlying index before fees and expenses.
What Is the Investment Thesis for TSSD?
TSSD presents an investment opportunity for those seeking exposure to the national defense and security sectors through a passively managed ETF. With a market capitalization of $15.3M, the fund aims to replicate the performance of its underlying index, offering diversification across various sub-sectors such as aerospace & defense, cybersecurity, and communications systems. The semi-annual reconstitution in June and December ensures the fund remains aligned with its investment mandate. Key value drivers include the continued growth of the defense and security industries, driven by geopolitical factors and technological advancements. However, potential risks include market volatility and concentration risk within specific sectors. The fund's screening process based on DEI policies may also impact its investment universe and performance relative to broader market indices. Investors may want to evaluate these factors when evaluating TSSD as part of their portfolio allocation.
Based on FMP financials and quantitative analysis
TSSD Key Highlights
Passively managed ETF seeking to replicate the performance of an index of US-listed companies involved in national defense and security.
- Focus on sectors including aerospace & defense, cybersecurity, communications systems, unmanned vehicles, and security intelligence software.
- Modified free-float adjusted market capitalization methodology with issuer caps for diversification.
- Screens out certain businesses based on DEI policies, aligning with specific investment mandates.
- Semi-annual reconstitution in June and December to maintain alignment with the target index.
Who Are TSSD's Competitors?
TSSD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ITA iShares U.S. Aerospace & Defense ETF | $237.56 | -3.49% | $13.9B | 47 |
| XAR State Street SPDR S&P Aerospace & Defense ETF | $271.78 | -4.34% | $4.58B | 47 |
| PPA Invesco Aerospace & Defense ETF | $173.77 | -3.18% | $8.23B | 47 |
| BCG Binah Capital Group, Inc. | $1.40 | +0.72% | $23.5M | 78 |
| ALTEX Firsthand Alternative Energy Fund | $12.93 | -1.90% | $8.98M | 82 |
| IDKFF ThreeD Capital Inc. | $0.07 | +13.85% | $6.98M | 70 |
| EEA The European Equity Fund, Inc. | $11.15 | -0.59% | $74.7M | 67 |
| HNNA Hennessy Advisors, Inc. | $9.89 | -1.30% | $78.2M | 81 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TSSD's Key Strengths?
Passively managed structure with low expense ratio.
- Exposure to the growing national defense and security sectors.
- Diversified portfolio across various sub-sectors.
- Unique screening process based on DEI policies.
What Are TSSD's Weaknesses?
Small market capitalization may limit liquidity.
- Concentration risk within specific sectors.
- Screening process may impact investment universe and performance.
- Dependence on the performance of the underlying index.
What Could Drive TSSD Stock Higher?
TSSD catalyst: Semi-annual index reconstitution in June and December will realign the fund with its target index.
- Increased defense spending by governments worldwide due to geopolitical tensions.
- Growth in the cybersecurity market driven by increasing cyber threats.
What Are the Key Risks for TSSD?
Market volatility impacting fund performance.
- Changes in government regulations affecting the defense industry.
- Competition from other ETFs in the defense and aerospace sectors.
- Concentration risk within specific sectors.
What Are the Growth Opportunities for TSSD?
- Increased Geopolitical Instability: Rising global tensions and conflicts are expected to drive increased defense spending by governments worldwide. This will likely benefit companies in the aerospace & defense sector, a key component of TSSD's underlying index. The global defense market is projected to reach $2.6 trillion by 2030, presenting a significant growth opportunity for TSSD.
- Cybersecurity Market Expansion: The increasing frequency and sophistication of cyberattacks are driving demand for cybersecurity solutions. Companies involved in cybersecurity, which are included in TSSD's portfolio, are poised to benefit from this trend. The global cybersecurity market is expected to reach $345 billion by 2026, offering substantial growth potential for TSSD.
- Advancements in Unmanned Vehicle Technology: The development and adoption of unmanned vehicles (drones) for both military and civilian applications are creating new opportunities in the defense and security sectors. Companies involved in unmanned vehicle technology, a component of TSSD's portfolio, are expected to experience significant growth. The global unmanned vehicle market is projected to reach $58.4 billion by 2026.
- Growing Demand for Security Intelligence Software: The need for advanced security intelligence software to analyze and manage vast amounts of data is increasing. Companies specializing in this area, which are included in TSSD's portfolio, are expected to benefit from this trend. The global security intelligence market is projected to reach $18.5 billion by 2026.
- Increased Investor Interest in ESG Investing: The growing focus on ESG (Environmental, Social, and Governance) factors is driving demand for investments that align with specific values. TSSD's screening process based on DEI policies caters to investors seeking to incorporate social considerations into their investment decisions. This may attract a growing segment of investors looking for socially responsible investment options.
What Are TSSD's Competitive Advantages?
- Passively managed structure provides a cost advantage compared to actively managed funds.
- Focus on screening based on DEI policies differentiates it from other defense-focused ETFs.
- Exposure to a diversified portfolio of companies in the national defense and security sectors.
What Does TSSD Do?
Truth Social American Security & Defense ETF (TSSD) is a passively managed exchange-traded fund designed to mirror the performance of an index composed of US-listed companies significantly engaged in the national defense and security sectors. These sectors include aerospace & defense, cybersecurity, communications systems, unmanned vehicles, security intelligence software, and related technologies. The ETF employs a modified free-float adjusted market capitalization methodology, incorporating issuer caps to ensure diversification across holdings. The fund's investment strategy involves screening out businesses based on their DEI (Diversity, Equity, and Inclusion) policies, reflecting a specific investment mandate. TSSD is reconstituted semi-annually in June and December to maintain alignment with its target index. To manage liquidity and portfolio adjustments, the fund may hold cash or short-term instruments and utilize derivatives. TSSD intends to make annual distributions to its shareholders, providing a potential income stream. Founded with the aim of providing targeted exposure to the defense and security industries while adhering to specific investment principles, TSSD offers investors a way to participate in these sectors through a diversified and passively managed investment vehicle. The ETF's focus on screening based on DEI policies sets it apart from other defense-focused ETFs, catering to investors with specific ESG considerations.
What Products and Services Does TSSD Offer?
- Offers a passively managed ETF focused on the national defense and security sectors.
- Replicates the performance of an index of US-listed companies in these sectors.
- Invests in companies involved in aerospace & defense, cybersecurity, communications systems, unmanned vehicles, and security intelligence software.
- Applies a modified free-float adjusted market capitalization methodology.
- Screens out certain businesses based on DEI policies.
- Reconstitutes the index semi-annually in June and December.
- May hold cash or short-term instruments for liquidity management.
- May use derivatives in managing the portfolio.
How Does TSSD Make Money?
- Passively manages an ETF that tracks a specific index of US-listed companies involved in national defense and security.
- Generates revenue through management fees charged to investors.
- Aims to provide investors with exposure to the defense and security sectors while adhering to specific investment principles.
What Industry Does TSSD Operate In?
TSSD operates within the asset management industry, specifically focusing on the ETF market. The ETF industry has experienced substantial growth in recent years, driven by increasing investor demand for low-cost, passively managed investment vehicles. TSSD differentiates itself by focusing on the national defense and security sectors while incorporating a screening process based on DEI policies. The competitive landscape includes other ETFs that target the defense and aerospace industries, but TSSD's unique screening criteria provide a distinct offering.
Who Are TSSD's Key Customers?
- Individual investors seeking exposure to the national defense and security sectors.
- Institutional investors looking for a passively managed investment vehicle.
- Investors interested in incorporating ESG considerations into their portfolio.
How Truth Social American Security & Defense ETF Is Valued
Truth Social American Security & Defense ETF carries a market capitalization of $15.3M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for Truth Social American Security & Defense ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. TSSD trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
TSSD Financials
Bull Case vs Bear Case
Bull Case
- Passively managed structure with low expense ratio.
- Exposure to the growing national defense and security sectors.
- Diversified portfolio across various sub-sectors.
- Unique screening process based on DEI policies.
Bear Case
- Small market capitalization may limit liquidity.
- Concentration risk within specific sectors.
- Screening process may impact investment universe and performance.
- Dependence on the performance of the underlying index.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
TSSD Latest News
No recent news available for TSSD.
TSSD Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TSSD.
Price Targets
Wall Street price target analysis for TSSD.
TSSD MoonshotScore
What does this score mean?
The MoonshotScore rates TSSD 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Matthew Benjamin Tuttle
CEO
Matthew Benjamin Tuttle is the CEO of TSSD. He has extensive experience in the financial services industry, particularly in the development and management of exchange-traded funds (ETFs). Tuttle has a background in creating innovative investment strategies and bringing them to market. He has a deep understanding of market dynamics and ETF structures.
Track Record: Under Matthew Benjamin Tuttle's leadership, TSSD has focused on providing investors with targeted exposure to specific sectors while adhering to particular investment mandates. His strategic decisions have shaped the fund's unique approach to screening companies based on DEI policies, differentiating it from other defense-focused ETFs.
TSSD Financial Services Stock FAQ
What does Truth Social American Security & Defense ETF do?
Truth Social American Security & Defense ETF (TSSD) is a passively managed ETF designed to track the performance of an index comprising US-listed companies involved in the national defense and security sectors. This includes companies in aerospace & defense, cybersecurity, communications systems, unmanned vehicles, and security intelligence software.
What are the main risks for TSSD?
The main risks for TSSD include market volatility, which can impact the fund's performance, and concentration risk, as the fund focuses on specific sectors. Changes in government regulations affecting the defense industry and competition from other ETFs are also potential risks.
What are the key factors to evaluate for TSSD?
Evaluate TSSD on fundamentals, analyst consensus, and risk factors. TSSD presents an investment opportunity for those seeking exposure to the national defense and security sectors through a passively managed ETF. Not financial advice.
How frequently does TSSD data refresh on this page?
TSSD's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven TSSD's recent stock price performance?
Truth Social American Security & Defense ETF (TSSD) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Passively managed structure with low expense ratio. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TSSD overvalued or undervalued right now?
Truth Social American Security & Defense ETF (TSSD) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research TSSD before investing?
Before investing in Truth Social American Security & Defense ETF (TSSD), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding TSSD to a portfolio?
Key strength of Truth Social American Security & Defense ETF (TSSD): Passively managed structure with low expense ratio. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for TSSD, limiting comprehensive insights.
- Market data and projections are based on available information and may be subject to change.