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SSUS

GradeCNew York Stock Exchange Arca

Strategy Shares Day Hagan Smart Sector ETF

Active Equity · Day Hagan · Inception 2020-01-17 · SEC filings

$56.50−0.30 (−0.53%)

As of Sep 23, 2026, 2:19 PM EDT

Intraday session: down, 58 prints from 56.80 to 56.50. Range 56.37 to 56.71. Use the arrow keys to read each point.$56.40$56.60$56.7010 AM12 PM2 PM4 PM
Expense ratio
0.77%
Fund size
$586M
1Y return
+18.1%
Yield · Last 12 months
0.44%
Volume · 30D
0M sh
NAV per share
$56.79
52W range
low $45.21high $57.15

The ETF.net SSUS Grade

C

50/ 100

Rank 62 of 127 in US Active Equity⁠

Confidence High

Six-pillar profile for SSUS. Scores out of 100: Cost 35, Risk 59, Mission 74, Tradability 72, Holdings 35, Durability 79. Strongest: Durability (79). Weakest: Holdings (35). Leans toward Durability and Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 35
    Category rank83/127 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 74
    Category rank25/48 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 59
    Category rank41/126 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 72
    Category rank30/127 · top 24%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 35
    Category rank103/124 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 79
    Category rank19/127 · top 15%

Graded as of Sep 22, 2026

Our read on SSUS

ETF.net Research

CAn S&P 500 sector wheel with a brake pedal: Day Hagan tilts sector weights using Ned Davis Research models, and can pull up to half the portfolio into cash or Treasuries when its risk model flags a poor reward-to-risk market.

Stated mandate

The Fund seeks long-term capital appreciation and preservation of capital.

Why people hold it

  1. 01The distinctive piece is the stop: when the risk model flags a low reward-to-risk market, the fund can shift up to 50% to cash, Treasuries or index hedges, and is not built to go net short.sec.govstatic1.squarespace.com
  2. 02Sector weights come from the NDR US Sector Model, a composite of price, economic, fundamental and behavioral indicators, expressed through unaffiliated S&P 500 sector ETFs.sec.gov
  3. 03Same portfolio managers since the fund opened in 2020, and it stands in the upper half of a crowded active US equity peer group.sec.gov

Worth knowing

  1. 01At 0.77% it runs above the typical active US equity ETF fee. That buys the allocation and risk calls layered on top of sector ETFs you could hold directly.sec.gov
  2. 02The de-risking switch cuts both ways: a portfolio that can sit half in cash also sits out part of a sharp rebound if the model turns cautious early.static1.squarespace.com
  3. 03Non-diversified by design, and thinly traded for a fund of its size, so spreads deserve a look before you place an order.sec.gov

SSUS Holdings

As of Sep 20, 2026, 10:09 AM
Asset class
Stocks
Holdings
—
Top-10 weight
88%
Largest holding
XLK32.8%

Sectors

  • Technology39.8%
  • Financials13.2%
  • Health Care9.3%
  • Industrials8.0%
  • Communication7.6%
  • Consumer Discr.7.0%
  • Energy5.0%
  • Cons. Staples4.1%
  • Real Estate2.7%
  • Utilities2.5%
  • Materials0.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001XLKTechnology Select Sector SPDR Fund32.76%1,003,822$189M33
002XLFFinancial Select Sector SPDR Fund14.52%1,497,337$84M25
003XLVHealth Care Select Sector SPDR Fund8.74%298,231$50M28
004XLYConsumer Discretionary Select Sector SPDR Fund8.65%447,340$50M20
005XLIIndustrial Select Sector SPDR Fund6.83%232,802$39M25
006XLEEnergy Select Sector SPDR Fund5.01%447,409$29M28
007XLPConsumer Staples Select Sector SPDR Fund4.03%278,193$23M15
008XLREReal Estate Select Sector SPDR Fund2.68%359,974$15M13
009MSFTMICROSOFT CORP2.56%29,666$15M792
010GOOGLALPHABET INC-CL A2.53%41,991$15M704
011AAPLAPPLE INC2.27%38,883$13M707
012METAMETA PLATFORMS INC1.97%16,675$11M683
013NVDANVIDIA CORP1.94%50,874$11M828
014XLCCommunication Services Select Sector SPDR Fund1.93%99,135$11M27
015XLUUtilities Select Sector SPDR Fund1.48%204,518$9M23

Showing 1–15 of 17 holdings

SSUS Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SSUS$11,809
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SSUS $11,809. SPY $11,723. Use the arrow keys to read each point.$9,239$10,648$12,058Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SSUS. Periods over one year show the average yearly return.
PeriodSSUS
Year to date+16.4%
1 month+1.0%
3 months+2.8%
1 year+18.1%
3 years+19.0%per year
5 years+11.4%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SSUS
YearReturn barSSUS
2026 YTD+16.4%
2025+16.5%
2024+18.9%
2023+18.2%
2022−17.6%
2021+28.0%
2020+17.5%

Since listing, Jan 17, 2020

SSUS in the news

ETF.net Research hasn’t filed on SSUS yet — coverage lands here as it’s written.

SSUS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.44%Last 12 months
Payout per share
$0.25Last 12 months
Last payment
$0.25 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2020–2026

One bar per payment. 6 payments from 2020 to 2026 YTD. Dec 24, 2020 $0.14; Dec 28, 2021 $0.20; Dec 28, 2022 $0.19; Dec 27, 2023 $0.38; Dec 27, 2024 $0.29; Dec 29, 2025 $0.25. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 30, 2025$0.25
Dec 27, 2024Dec 30, 2024$0.29
Dec 27, 2023Dec 29, 2023$0.38
Dec 28, 2022Dec 30, 2022$0.19
Dec 28, 2021Dec 30, 2021$0.20
Dec 24, 2020Dec 29, 2020$0.14

SSUS Risk

How much the fund’s monthly returns vary, scaled to a year.
12.7%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.96
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.4%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SSUS Cost

Expense ratio0.77%
  • The middle half of US Active Equity funds
  • Median 0.70%

79 of the 124 US Active Equity funds charge less.

SSUS costs $77.00 a year on $10,000. The median US Active Equity fund costs $70.00.