TSSD

About TSSD

The Truth Social American Security & Defense ETF is an exchange-traded fund designed to track the performance of the MarketVector American Security & Defense Index. This index focuses on U.S.-listed companies deriving at least 50% of revenues—or 25% for existing components—from activities supporting national defense and security, including aerospace and defense, communications systems, cybersecurity, unmanned vehicles, security intelligence software, training and simulation, digital forensics, and related technologies. Companies must also generate at least 25% of revenues or assets from the United States. Classified as non-diversified, the fund invests in equity securities and uses derivatives like put options to implement its strategy, exposing it to risks such as market volatility, liquidity issues, sector concentration in defense and security intelligence, and index tracking discrepancies. Managed passively, it aims to mirror the underlying index before fees, emphasizing alignment with American security priorities amid a financial landscape often driven by other trends. As a newer fund with a recently formed adviser, it carries additional operational risks typical of emerging ETFs in this specialized sector.