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Launched

Truth Social American Red State REITs ETF

TSRSNYSE ArcaTruth SocialF

$25.840.00 (0.00%)

As of Nov 10, 2026, 9:46 AM ET

F15/ 100

Rank 22 of 22 in US Real Estate

F15/100Rank 22 of 22inUS Real Estate
Intraday session: flat, 1 prints from 25.84 to 25.84. Range 25.84 to 25.84. Use the arrow keys to read each point.25.0025.5026.5010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$3M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
27
Avg volume · 30D
842 sh
52W range
low $24.23high $29.00
Launched

The ETF.net TSRS Grade

Based on 5 of 6 pillars

F

Score 15 out of 100

Category
US Real Estate⁠
Rank
22 of 22
Six-pillar profile for TSRS. Scores out of 100: Cost 0, Risk 36, Mission not scored, Tradability 12, Holdings 33, Durability 23. Strongest: Risk (36). Weakest: Cost (0). Based on 5 of 6 pillars.

Score 15 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
16
This cap took
0
Published Score
15 Grade F

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F0 out of 100
    Rank 22 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 19 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F12 out of 100
    Rank 22 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D33 out of 100
    Rank 19 of 22

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F23 out of 100
    Rank 19 of 22

Our read on TSRS

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarD33 out of 100Rank 19 of 22 in US Real Estate
Asset class
Stocks
Holdings
27
Top-10 weight
61%
Largest holding
U.S. Bank Money Market Deposit Account 06/01/20317.7%

Sectors

  • Real Estate100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataU.S. Bank Money Market Deposit Account 06/01/20317.69%196,802$197K104
2VICIVICI Properties Inc7.49%7,740$192K283
3FCPTFour Corners Property Trust Inc7.49%8,196$192K115
4BNLBroadstone Net Lease Inc6.79%9,932$174K128
5NNNNNN REIT Inc6.78%4,224$174K161
6ORealty Income Corp6.76%2,932$173K287
7NHINational Health Investors Inc5.68%2,040$145K121
8UMHUMH Properties Inc4.38%7,517$112K82
9MAAMid-America Apartment Communities Inc4.11%885$105K237
10LAMRLamar Advertising Co3.91%642$100K163
11KRGKite Realty Group Trust3.41%3,427$87.2K128
12INVHInvitation Homes Inc3.26%3,077$83.4K246
13NTSTNETSTREIT Corp3.25%4,422$83.1K101
14IRTIndependence Realty Trust Inc3.22%5,493$82.4K112
15ADCAgree Realty Corp3.17%1,163$81.3K145

Showing 1–15 of 27 holdings

TSRS Performance

Launched Dec 30, 2025

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$10,629
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,124
Dec 31, 2025 to Nov 9, 2026. TSRS $10,629. SPY $11,124. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Nov 2026

Dec 31, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for TSRS. Periods over one year show the average yearly return.
PeriodTSRS
Year to date+6.3%
1 month+5.4%
3 months−5.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TSRS
YearReturn barTSRS
2026 YTD+6.3%
2025−0.4%

Since listing, Dec 30, 2025

TSRS in the news

TSRS Dividends

Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 10 payments in 2026 YTD. Jan 28, 2026 $0.02; Feb 25, 2026 $0.04; Mar 25, 2026 $0.09; Apr 22, 2026 $0.15; May 27, 2026 $0.05; Jun 24, 2026 $0.07; Jul 22, 2026 $0.16; Aug 26, 2026 $0.05; Sep 23, 2026 $0.08; Oct 28, 2026 $0.02. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 28, 2026Oct 29, 2026$0.02
Sep 23, 2026Sep 24, 2026$0.08
Aug 26, 2026Aug 27, 2026$0.05
Jul 22, 2026Jul 23, 2026$0.16
Jun 24, 2026Jun 25, 2026$0.07
May 27, 2026May 28, 2026$0.05
Apr 22, 2026Apr 23, 2026$0.15
Mar 25, 2026Mar 26, 2026$0.09
Feb 25, 2026Feb 26, 2026$0.04
Jan 28, 2026Jan 29, 2026$0.02

TSRS Risk

Risk pillarD36 out of 100Rank 19 of 22 in US Real Estate
How much the fund’s monthly returns vary, scaled to a year.
Launched Dec 2025; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Dec 2025; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Dec 2025; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.53
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TSRS Cost

Compare TSRS and SCHH

Overpaying vs SCHH, cheapest in US Real Estate

$11,237

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TSRS 0.65%

    $12,717

  • SCHH 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • TSRS 0.65%
  • SCHH 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TSRS $12,717SCHH $1,480

Year by year

YearTSRSSCHHOverpaying
10$1,163$128$1,035
20$4,440$503$3,937
30$12,717$1,480$11,237

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