Strategy Shares Day Hagan Smart Sector ETF

Frequently Asked Questions About SSUS

What does SSUS invest in?

This ETF functions as a "fund of funds," primarily aiming to achieve its investment objectives during normal market conditions. It does so by investing in independent equity exchange-traded funds (ETFs) that track the performance of specific sectors within the S&P 500 Index. The investment advisor actively seeks to enhance returns compared to the index by strategically adjusting its exposure, either overweighting or underweighting these S&P 500 sectors. Additionally, the fund may reduce its overall allocation to ETFs, based on determinations from its internal risk management model. It is important to note that this fund is classified as non-diversified.

What is the expense ratio of SSUS?

Strategy Shares Day Hagan Smart Sector ETF (SSUS) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SSUS?

Strategy Shares Day Hagan Smart Sector ETF (SSUS) manages $604.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SSUS actively managed or an index fund?

SSUS is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SSUS's is 0.77%) because there's no security selection cost.

When was SSUS launched?

Strategy Shares Day Hagan Smart Sector ETF (SSUS) launched in January 2020 and is managed by Day Hagan.

How has SSUS performed?

SSUS's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.