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INVNvsTSNFETF Comparison

ETF 1
INVN

Alger Russell Innovation ETF

This fund is part of
US Large Cap
+0.85%
VS
ETF 2
TSNF

Truth Social American Next Frontiers ETF

This fund is part of
Multiple Trends
+0.47%

Alger Russell Innovation ETF (INVN) belongs to the US Large Cap segment. Truth Social American Next Frontiers ETF (TSNF) is part of the Multiple Trends segment. INVN's top 3 sector exposures are Information Technology, Health Care and Consumer Discretionary. In contrast, TSNF's top sector exposures are Information Technology, Health Care and Industrials. INVN is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.65% for TSNF. INVN is down -4.68% year-to-date (YTD) with -$3M in YTD flows. TSNF performs better with 18.32% YTD performance, and +$10M in YTD flows. Run a side-by-side ETF comparison of INVN and TSNF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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INVN vs TSNF performance and flow charts

Performance

-5051015%Apr 6Apr 13Apr 20Apr 27May 4

Cumulative Flows

-2.5 M-2 M-1.5 M-1 M-0.5 M0 MApr 6Apr 13Apr 20Apr 27May 4

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 05/04/2026
1M3MYTD1Y3Y5Y
Perf.
INVN
TSNF
+8.78%+17.98%
+4.69%+23.31%
-4.68%+18.32%
+14.91%n/a
n/an/a
n/an/a
Flows
INVN
TSNF
-$510K-$3M
-$1,000K-$4M
-$3M+$10M
-$2M-
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
INVN
TSNF
+25.70%+31.69%
+20.67%n/a
n/an/a
n/an/a
Max drawdown
INVN
TSNF
-11.41%-12.23%
-20.34%n/a
n/an/a
n/an/a
Max drawdown duration
INVN
TSNF
79d60d
117dn/a
n/an/a
n/an/a
Trading data

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INVN
TSNF
Last sale
5/5/2026 at 1:30 PM
$20.65
$29.11
Previous close
05/05/2026
$20.63
$28.51
Consolidated volume
05/05/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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INVN
TSNF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/5/2026 at 1:30 PM
Live
Closed
INVN
TSNF
Last price
$20.65
$29.11
1D performance
+0.11%
+2.10%
AuM$11.35 M$11.36 M
E/R0.95%0.65%
Characteristics
INVN
TSNF
Management strategyPassivePassive
ProviderFred Alger ManagementTruth Social Funds
BenchmarkAlger Russell Innovation IndexTruth Social - Yorkville American Next Frontiers Index
N° of holdings49105
Asset class--
Trailing 12m distribution yield
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Inception dateJanuary 6, 2025December 29, 2025
ESGNoNo
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Exposure

Countries

INVN
USA
93.71%
Other
6.29%
TSNF
USA
90.78%
Other
9.22%

Sectors

INVN
Information Techn.
61.27%
Health Care
22.63%
Other
16.1%
TSNF
Information Techn.
42.01%
Health Care
15.96%
Industrials
9.24%
Other
32.79%
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Diversification

INVN

Total weight of top 15 holdings out of 15

32.27%
TSNF

Total weight of top 15 holdings out of 15

18.06%

Top 15 holdings

Data as of March 31, 2026
INVN
CORCEPT THERAPEUTICS
2.33%
OKTA
2.27%
UNITY SOFTWARE
2.22%
PFIZER
2.18%
CIRRUS LOGIC
2.17%
EXPEDIA GROUP INC
2.15%
ZOOM VIDEO COMMUNICATIONS INC
2.13%
NETAPP
2.13%
DUOLINGO INC
2.12%
EXELIXIS
2.12%
DOCUSIGN INC
2.12%
TWILIO
2.11%
CCC INTELLIGENT SOLUTIONS
2.08%
JAZZ PHARMACEUTICALS
2.07%
UIPATH INC
2.07%
TSNF
PLANET LABS PBC
1.87%
EQUINIX INC COMMON STOCK REIT
1.28%
IRIDIUM COMMUNICATIONS
1.24%
KLA CORPORATION
1.23%
TERADYNE
1.23%
MARVELL TECHNOLOGY
1.21%
US46125A1007
1.20%
NORTHROP GRUMMAN
1.19%
US68278B1070
1.13%
MKS INSTRUMENTS
1.12%
OCEANEERING INTL
1.10%
DUCOMMUN
1.09%
US5128073062
1.07%
COGNEX
1.06%
US9129321009
1.04%
Frequently asked questions about INVN and TSNF

How have the INVN and TSNF ETFs performed in 2026?

As of May 4, 2026, INVN is down -4.68% year-to-date (YTD), while TSNF has returned 18.32%. That puts TSNF better performer ahead so far this year.

Which ETF is attracting more investor money: INVN or TSNF?

Year-to-date, the INVN ETF saw -$3M in flows, compared to +$10M for TSNF.

Which ETF is bigger: INVN or TSNF?

As of May 4, 2026, INVN holds $11.35 M in assets under management (AUM), while TSNF manages $11.36 M.

What sectors do the INVN and TSNF ETFs invest in?

INVN leans toward sectors like Information Technology and Health Care. Meanwhile, TSNF focuses on Information Technology, Health Care and Industrials.

What are the top holdings of the INVN ETF and TSNF ETF?

INVN top holdings include CORCEPT THERAPEUTICS, OKTA and UNITY SOFTWARE. TSNF holds in its top three: PLANET LABS PBC, EQUINIX INC COMMON STOCK REIT and IRIDIUM COMMUNICATIONS.

Which ETF is more diversified: INVN or TSNF?

INVN holds 49 securities with 32.27% of its assets in the top 15. TSNF has 126 securities and a top 15 weight of 18.06%.

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