Skip to content
etf.net

TSNF vs XITK

Truth Social American Next Frontiers ETF

TSNFBNYSE Arca

State Street SPDR FactSet Innovative Technology ETF

XITKANYSE Arca

Overlap

Expense ratio

XITK −0.20pt a year

TSNF0.65%XITK0.45%

Avg volume · 30D

TSNF 1.9×the volume

TSNF4.07KXITK2.15K

TSNF vs XITK Performance

Dec 31, 2025 – Oct 30, 2026

+16.3%TSNF+6.1%XITK

Dec 31, 2025 to Oct 30, 2026. TSNF +16.3%. XITK +6.1%. Use the arrow keys to read each point.−20%−10%30%40%Dec 2025Jun 2026Oct 2026
Expense ratio
TSNF 0.65%
XITK 0.45%, better
Fund size
TSNF $8M
XITK $67M
1Y total return
TSNF No data
XITK +0.6%
Yield (12M)
TSNF No data
XITK 0.00%
Holdings
TSNF 146
XITK 95
Avg volume (30D)
TSNF 4.07K sh, better
XITK 2.15K sh
NAV per share
TSNF $28.69
XITK $197.42
52W range

ETF.net Grade

TSNF: Cost 53, Risk 55, Mission not scored, Tradability 49, Holdings 86, Durability 23. XITK: Cost 95, Risk 37, Mission not scored, Tradability 65, Holdings 81, Durability 73.
Pillar letters and Scores for TSNF, XITK, with each pillar’s weight
PillarTSNFXITK
Cost30% weightC53A95Higher
Mission25% weightNot scoredNot scored
Risk15% weightB55HigherD37
Tradability15% weightC49B65Higher
Holdings10% weightA86HigherA81
Durability5% weightF23A73Higher

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. TSNF and XITK are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds
See all 30 ›

XITK ranks 4th and TSNF 12th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 86
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
  3. Rank 3ATRFMAAM Transformers ETFScore 74
  4. Rank 4AXITKState Street SPDR FactSet Innovative Technology ETFScore 73
  5. Rank 5AGINNGoldman Sachs Innovate Equity ETFScore 70
  6. Rank 10BINVNAlger Russell Innovation ETFScore 58
  7. Rank 12BTSNFTruth Social American Next Frontiers ETFScore 55
  8. Rank 13BDRUPGraniteShares Nasdaq Select Disruptors ETFScore 54

Our read on each fund

ETF.net Research

TSNFBTruth Social American Next Frontiers ETF

XITKAState Street SPDR FactSet Innovative Technology ETF

In short

TSNF Trump Media's Truth Social brand, wrapped around frontier tech: TSNF tracks a rules-based index of US-listed companies working in next-generation industries. A theme fund where "American" is as much the theme as innovation.

XITK Most innovation funds pick a theme and hope. XITK lets the data pick: FactSet ranks tech and electronic-media segments by growth, keeps the top quartile, then equal-weights roughly 100 names so no single giant runs the show.

Stated mandate

TSNF The Fund seeks to track, before fees and expenses, the performance of the MarketVector American Next Frontiers Index.

XITK The fund seeks to track the total return of the FactSet Innovative Technology Index before fees and expenses. Its mandate targets innovative technology-related companies with robust revenue growth and leading-edge products or services.

Why people hold it

  • TSNF The mandate is refreshingly literal: a US-only, full-replication track of the MarketVector American Next Frontiers Index. No manager hand-picking frontier winners.
  • At 0.65%, it charges the going rate for thematic innovation funds rather than a premium for the branding.
  • One of a family of Truth Social and Yorkville indexes administered by MarketVector, so the theme is spelled out in published index rules.marketvector.com
  • The basket is the strongest part of the package: the spread and quality of names hold up well next to other disruptive-innovation funds.
  • XITK Costs 0.45% a year, comfortably under the 0.65% median for disruptive-innovation funds, and it does it inside a plain index wrapper from a major ETF shop.
  • Equal weighting at each reset gives the hundredth holding the same slot as the first, so results lean on the whole basket rather than two or three mega-caps.factset.com
  • Screens segments, not slogans: only companies drawing most of their revenue from the fastest-growing corners of tech and electronic media make the cut.factset.comssga.com
  • Trading since 2016, giving it a live record across several tech cycles, and it sits in the upper tier of our innovation-fund cohort review.

Worth knowing

  • TSNF It trades thinly, so spreads can be a real cost. Limit orders matter more here than in the category's household names.
  • Cheaper routes to the same theme exist: KOMP at 0.20%, XT at 0.46%, both with far longer live histories.
  • Fund and index both date to the end of 2025, so there's no long record of how the strategy behaves through a full market cycle.
  • XITK Growth-screened tech, equal-weighted, means smaller names carry a giant's weight. Expect a rougher ride than a cap-weighted tech fund.
  • Thinly traded for its category and modest in size, so bid-ask spreads can run wider than the household-name tech ETFs.
  • Cheaper shelfmates exist: KOMP runs a broad new-economy basket for 0.20%.

Full TSNF profile⁠

Full XITK profile⁠

TSNF vs XITK Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TSNF vs XITK Cost

Overpaying TSNF vs XITK

$3,676

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

  • TSNF 0.65%

    $12,717

  • XITK 0.45%

    $9,041

$10,000
30 years

Cost over time

  • TSNF 0.65%
  • XITK 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TSNF $12,717XITK $9,041

Year by year

YearTSNFXITKOverpaying
10$1,163$812$351
20$4,440$3,128$1,312
30$12,717$9,041$3,676

Expense ratio

  • 0.65%TSNF
  • 0.45%XITK, cheaper
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

XITK 2nd cheapest of 30 funds

TSNF 12th cheapest of 30 funds

TSNF vs XITK Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TSNF No data
XITK 0.00%
Payout (12M)
TSNF None
XITK None

Distribution history

Per share, 2016 to 2023, same scale for both

TSNFAll TSNF payments⁠

No distribution history available.

XITK11 paymentsAll XITK payments⁠
One bar per payment. 11 payments from 2016 to 2023. Sep 16, 2016 $0.03; Dec 16, 2016 $1.06; Dec 15, 2017 $1.36; Dec 24, 2018 $1.24; Dec 23, 2019 $0.16; Dec 21, 2020 $0.13; Jun 21, 2022 $0.06; Sep 19, 2022 $0.05; Jun 20, 2023 $0.0071; Sep 18, 2023 $0.0094; Dec 18, 2023 $0.10. Use the arrow keys to read each point.$0$1201720202023

TSNF vs XITK Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TSNF No dataXITK 25.4%
Return per unit of riskSharpe ratio, 3 years
TSNF No dataXITK 0.63
Worst fallMax drawdown, 5 years
TSNF No dataXITK −61.4%
Market sensitivityBeta, 5 years
TSNF 2.00XITK 1.67

Popular comparisons

  • TSNFBvsXTA

    Truth Social American Next Frontiers ETF · iShares Future Exponential Technologies ETF

    Expense ratio
    0.65% · 0.46%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XITKAvsXTA

    State Street SPDR FactSet Innovative Technology ETF · iShares Future Exponential Technologies ETF

    Expense ratio
    0.45% · 0.46%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSNFBvsKOMPA

    Truth Social American Next Frontiers ETF · State Street SPDR S&P Kensho New Economies Composite ETF

    Expense ratio
    0.65% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XITKAvsKOMPA

    State Street SPDR FactSet Innovative Technology ETF · State Street SPDR S&P Kensho New Economies Composite ETF

    Expense ratio
    0.45% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSNFBvsTRFMA

    Truth Social American Next Frontiers ETF · AAM Transformers ETF

    Expense ratio
    0.65% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XITKAvsTRFMA

    State Street SPDR FactSet Innovative Technology ETF · AAM Transformers ETF

    Expense ratio
    0.45% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.