TSRS
Truth Social American Red State REITs ETF
The Truth Social American Red State REITs ETF aims to provide investors with exposure to real estate investment trusts aligned with conservative values, focusing on properties in red states across the United States.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 2.6 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Dec 29, 2025 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BROADSTONE NET LEASE, INC. | 8.4 % |
| NATIONAL RETAIL PROPERTIES | 8.2 % |
| VICI PROPERTIES INC | 7.4 % |
| REALTY INCOME CORP | 6.7 % |
| FOUR CORNERS PROPERTY TRUST, INC. | 6.1 % |
| NETSTREIT CORP. | 5.6 % |
| LAMAR ADVERTISING COMPANY CLASS A | 5.5 % |
| KITE REALTY GROUP TRUST | 4.7 % |
| NATL HEALTH INVESTORS INC | 3.9 % |
| SILA REALTY TRUST INC | 3.8 % |
Constituent Breakdown
| Number of holdings | 25 |
| Herfindahl-Hirschman Index | 0 |
| Wgt avg mkt cap (mns) | $10,689 |
| Large cap (>$10bn) | 0.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 96.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.5% | -- | -- | -- | -- | -- | -- | 7.0% |
| Dividend Yield | 1.5% | -- | -- | -- | -- | -- | -- | 1.5% |
| Total Returns | 9.0% | -- | -- | -- | -- | -- | -- | 8.5% | Ann. Volatility | 13.0% | -- | -- | -- | -- | -- | -- | 13.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 1.0% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $26.78 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.14/0.15 |
| Bollinger Bands (Upper/Lower) | $27.32/$26.48 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. TSRS |
Expenses vs. TSRS |
ALTAR Score™ vs. TSRS |
|---|---|---|---|---|
| NETL | NETLease Corporate Real Estate ETF | 44.0% | -5 bp | +0.5% |
| PPTY | US Diversified Real Estate ETF | 20.8% | -12 bp | +1.6% |
| USRT | iShares Core U.S. REIT ETF | 19.9% | -57 bp | +0.8% |
| HAUS | Residential REIT ETF | 19.7% | -5 bp | -2.6% |
| DFAR | Dimensional US Real Estate ETF | 18.8% | -46 bp | +1.1% |
| FRI | First Trust S&P REIT Index Fund | 18.4% | -15 bp | +0.4% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 18.3% | -54 bp | +1.0% |
| RWR | State Street SPDR Dow Jones REIT ETF | 17.7% | -40 bp | +0.7% |
| NURE | Nuveen Short-Term REIT ETF | 17.6% | -30 bp | +1.3% |
| ICF | iShares Cohen & Steers REIT ETF | 17.4% | -32 bp | +1.1% |
Risk and Returns: TSRS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.7%
ALTAR SCORE™
75th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. TSRS's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places TSRS in the 75th percentile
among funds in the category.
Sell-Side Consensus
$29.46
PRICE TARGET
+11.3%
UPSIDE