Truth Social American Red State REITs ETF
$24.64−0.06 (−0.26%)
- 0.65%
- $2M
- 0M sh
- $24.54
- low $24.23high $29.00
The ETF.net TSRS Grade
F
Score 14 out of 100
- 22 of 22
Score 14 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 15
- This cap took
- −0
- Published Score
- 14
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 22 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 21 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F12 out of 100Rank 22 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D30 out of 100Rank 20 of 22Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F24 out of 100Rank 19 of 22
Our read on TSRS
FMost REIT funds sort landlords by property type. This one sorts by politics, tracking a MarketVector index built on a red-state theme. Plain passive plumbing wrapped around a very unplain idea.
The Fund seeks to deliver returns that generally correspond to the price and yield performance of the MarketVectorTM–iREIT® Red State REITs Index.
Why people hold it
- The idea is the product: a rules-based index of US real estate stocks built on a red-state theme, delivered in one ticket instead of assembled name by name.
- Boring machinery under a loud label: a registered 1940 Act fund that replicates a published index rather than following a manager's hunches.
- Exposure stays home and stays simple. US equity real estate, tracking an index measured on price and yield, not foreign property or mortgage paper.
Worth knowing
- At 0.65% a year, the fee sits well above the real estate category median, and the broad heavyweights (SCHH, VNQ, USRT) charge a small fraction of it.
- Small and thinly traded, with a track record that only starts at the end of 2025. Wider spreads come with that territory, so limit orders earn their keep.
- The political screen narrows the field, so results can drift from the broad US REIT market in either direction. Payouts have come irregularly, not on a set calendar.
TSRS Holdings
- Stocks
- 27
- 61%
- U.S. Bank Money Market Deposit Account 06/01/2031
Geography
- United States100.00%
TSRS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TSRS$10,153
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TSRS |
|---|---|
| Year to date | +1.5% |
| 1 month | −5.2% |
| 3 months | −9.9% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TSRS |
|---|---|---|
| 2026 YTD | +1.5% | |
| 2025 | −0.4% |
TSRS in the news
Category Review
Vanguard's property fund lost a first-half lead over stocks
TSRS Dividends
- $0.08 per share
- Monthly
Distribution data unavailable.
Distribution history
TSRS Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TSRS Cost
0.65%
TSRS0.65%
- The middle half of US Real Estate funds
- Median 0.35%
Every other US Real Estate fund charges less.
Other funds in US Real Estate
- CRIETHoya Capital High Dividend Yield ETFExpense ratio 0.50%1 year return −0.6%
- CTRURVanEck Real Estate TruSector ETFExpense ratio 0.17%1 year return —
- DDCREDoubleLine Commercial Real Estate ETFExpense ratio 0.39%1 year return +2.9%
- FDESKVanEck Office and Commercial REIT ETFExpense ratio 0.51%1 year return +0.9%
- FNETLColterpoint Net Lease Real Estate ETFExpense ratio 0.60%1 year return +4.6%