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STRN

GradeCNew York Stock Exchange Arca

SMART Trend 25 ETF

Active Equity · Smart · Inception 2025-08-20 · SEC filings

$26.17−0.47 (−1.76%)

As of Sep 23, 2026, 1:53 PM EDT

History starts Aug 20, 2025.
Intraday session: down, 8 prints from 26.64 to 26.17. Range 26.17 to 26.65. Use the arrow keys to read each point.$26.40$26.6010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$28M
1Y return
+22.8%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$26.61
52W range
low $19.65high $29.08

The ETF.net STRN Grade

C

45/ 100

Rank 69 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for STRN. Scores out of 100: Cost 60, Risk 18, Mission not scored, Tradability 47, Holdings 44, Durability 37. Strongest: Cost (60). Weakest: Risk (18). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 45 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.
    BScore 60
    Category rank53/127 · top 42%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 18
    Category rank117/126 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank71/127 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 44
    Category rank87/124 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 37
    Category rank103/127 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on STRN

ETF.net Research

CA retirement advisor's momentum model, boxed into an ETF: 25 U.S. large caps ranked on the prior four quarters of price trend, benchmarked against the S&P 500. Concentrated by design, not by accident.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01The process is legible: narrow the universe to a top half, keep the top quarter on trailing four-quarter price momentum and trend, then hold 25 U.S.-listed large caps.sec.gov
  2. 02At 0.59% a year it runs below the typical active U.S. equity fund (0.65% median) despite a hands-on, quant-ranked portfolio.
  3. 03Packages large-cap models the firm built for advisory clients into an exchange-listed wrapper, opened to smaller accounts.natlawreview.com

Worth knowing

  1. 01Non-diversified with about 25 names, so a single top holding swings the fund far more than it would inside a broad index.sec.gov
  2. 02Ranking on recent price trend means it leans into what has already been working and swaps names as market leadership rotates. Turnover comes with the design.sec.gov
  3. 03A 2025 launch with a small asset base and thin trading: spreads can widen, and the live record is still short.

STRN Holdings

As of Sep 22, 2026, 10:45 PM
Asset class
Stocks
Holdings
—
Top-10 weight
59%
Largest holding
SCCO7.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SCCOSouthern Copper Corp7.57%10,677$2M214
002GOOGLAlphabet Inc7.16%5,636$2M704
003GOOGAlphabet Inc7.15%5,697$2M471
004APHAmphenol Corp6.79%23,536$2M441
005COFCapital One Financial Corp6.41%8,744$2M350
006VLOValero Energy Corp5.85%4,154$2M395
007XOMExxonMobil Holdings Corp5.25%9,275$1M501
008CVXChevron Corp5.21%7,151$1M468
009DELLDell Technologies Inc4.27%2,074$1M427
010MSMorgan Stanley3.75%5,083$1M423
011MUMicron Technology Inc3.40%910$950K655
012ADIAnalog Devices Inc3.33%2,426$929K474
013WDCWestern Digital Corp3.31%2,066$926K478
014PWRQuanta Services Inc3.27%1,423$914K355
015AMDAdvanced Micro Devices Inc3.13%1,419$873K618

Showing 1–15 of 26 holdings

STRN Performance

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

STRN$12,282
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. STRN $12,282. SPY $11,723. Use the arrow keys to read each point.$8,816$11,215$13,613Sep 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 STRN. Periods over one year show the average yearly return.
PeriodSTRN
Year to date+21.1%
1 month+0.5%
3 months−7.0%
1 year+22.8%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—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 STRN
YearReturn barSTRN
2026 YTD+21.1%
2025+10.4%

Since listing, Aug 20, 2025

STRN in the news

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

STRN 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.04. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 24, 2025$0.04

STRN Risk

How much the fund’s monthly returns vary, scaled to a year.
28.2%
Annualised · 12 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.
0.89
vs 3-month T-bills · 12 months 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.
−15.4%
13 months · trough Mar 2026
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.
1.86
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.

STRN Cost

Expense ratio0.59%
  • The middle half of US Active Equity funds
  • Median 0.70%

49 of the 124 US Active Equity funds charge less.

STRN costs $59.00 a year on $10,000. The median US Active Equity fund costs $70.00.