Group 1 - The launch of "America First" ETFs aims to capitalize on political uncertainty as an investment theme, focusing on companies with a "Made in America" emphasis [1][2] - Five Truth Social ETFs have been introduced, tracking U.S. publicly listed companies across various sectors including energy, defense, technology, and real estate [2][3] - The ETFs include the Truth Social American Security & Defense ETF, Truth Social American Next Frontiers ETF, Truth Social American Icons ETF, Truth Social American Energy Security ETF, and Truth Social American Red State REITs ETF, with mixed performance on their first trading day [3] Group 2 - The thematic ETF model raises questions about its sustainability, especially when linked to a politically charged figure like Donald Trump, whose statements can influence market dynamics [5] - The success of thematic ETFs depends on the distinctiveness of their holdings and the effectiveness of their distribution strategies [6] - The Truth Social American Security & Defense ETF allocates approximately 50% of its holdings to technology companies, contrasting with the iShares U.S. Aerospace & Defense ETF, which focuses about 90% on industrials [7]