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TSNFvsINVNETF Comparison

ETF 1
TSNF

Truth Social American Next Frontiers ETF

This fund is part of
Multiple Trends
+0.41%
VS
ETF 2
INVN

Alger Russell Innovation ETF

This fund is part of
US Large Cap
+1.03%

Truth Social American Next Frontiers ETF (TSNF) belongs to the Multiple Trends segment. Alger Russell Innovation ETF (INVN) is part of the US Large Cap segment. TSNF's top 3 sector exposures are Information Technology, Health Care and Industrials. In contrast, INVN's top sector exposures are Information Technology, Health Care and Consumer Discretionary. TSNF is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.95% for INVN. TSNF is up 14.34% year-to-date (YTD) with +$10M in YTD flows. INVN performs worse with -9.51% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of TSNF and INVN 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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TSNF vs INVN performance and flow charts

Performance

-5051015202530%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

-2,500,000-2,000,000-1,500,000-1,000,000-500,0000Mar 30Apr 7Apr 14Apr 21Apr 28

Get all the metrics on this page, and more, through a reliable ETF data feed

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

Historic performance and flows
Data as of 04/30/2026
1M3MYTD1Y3Y5Y
Perf.
TSNF
INVN
+25.06%+7.19%
+8.74%-3.86%
+14.34%-9.51%
n/a+10.40%
n/an/a
n/an/a
Flows
TSNF
INVN
-$3M-
-$4M-$970K
+$10M-$3M
--$1M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
TSNF
INVN
+33.28%+27.13%
n/a+20.46%
n/an/a
n/an/a
Max drawdown
TSNF
INVN
-13.05%-12.67%
n/a-20.34%
n/an/a
n/an/a
Max drawdown duration
TSNF
INVN
68d90d
n/a112d
n/an/a
n/an/a
Trading data

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TSNF
INVN
Last sale
4/30/2026 at 1:30 PM
$28.14
$19.74
Previous close
04/29/2026
$27.20
$19.57
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 29, 2026
1-year trailing difference

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TSNF
INVN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/30/2026 at 1:30 PM
Live
Closed
TSNF
INVN
Last price
$28.14
$19.74
1D performance
+3.45%
+0.86%
AuM$10.98 M$11.26 M
E/R0.65%0.95%
Characteristics
TSNF
INVN
Management strategyPassivePassive
ProviderTruth Social FundsFred Alger Management
BenchmarkTruth Social - Yorkville American Next Frontiers IndexAlger Russell Innovation Index
N° of holdings10549
Asset class--
Trailing 12m distribution yield
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Inception dateDecember 29, 2025January 6, 2025
ESGNoNo
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Exposure

Countries

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

Sectors

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

TSNF

Total weight of top 15 holdings out of 15

18.06%
INVN

Total weight of top 15 holdings out of 15

32.27%

Top 15 holdings

Data as of March 31, 2026
TSNF
PLANET LABS PBC
1.87%
EQUINIX INC COMMON STOCK REIT
1.28%
IRIDIUM COMMUNICATIONS
1.24%
TERADYNE
1.23%
KLA CORPORATION
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%
INVN
CORCEPT THERAPEUTICS
2.33%
OKTA
2.27%
UNITY SOFTWARE
2.22%
PFIZER
2.18%
CIRRUS LOGIC
2.17%
EXPEDIA GROUP INC
2.15%
NETAPP
2.13%
ZOOM VIDEO COMMUNICATIONS INC
2.13%
DOCUSIGN INC
2.12%
EXELIXIS
2.12%
DUOLINGO INC
2.12%
TWILIO
2.11%
CCC INTELLIGENT SOLUTIONS
2.08%
JAZZ PHARMACEUTICALS
2.07%
UIPATH INC
2.07%
Frequently asked questions about TSNF and INVN

How have the TSNF and INVN ETFs performed in 2026?

As of April 30, 2026, TSNF is up 14.34% year-to-date (YTD), while INVN has lost -9.51%. That puts TSNF better performer ahead so far this year.

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

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

Which ETF is bigger: TSNF or INVN?

As of April 30, 2026, TSNF holds $10.98 M in assets under management (AUM), while INVN manages $11.26 M.

What sectors do the TSNF and INVN ETFs invest in?

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

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

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

Which ETF is more diversified: TSNF or INVN?

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

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