ETF Evaluator:
Strive Natural Resources and SecurityETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Natural Resources Over the Last Year
| 88.7% | Global X Copper Miners ETF (COPX) |
| 83.8% | Themes Copper Miners ETF (COPA) |
| 82.3% | Sprott Copper Miners ETF (COPP) |
| 81.2% | Sprott Junior Copper Miners ETF (COPJ) |
| 76.4% | iShares Copper and Metals Mining ETF (ICOP) |
Risk
Index
Risk
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ETF Details
Strive Natural Resources and SecurityETF Overview
Strive Natural Resources and SecurityETF (FTWO) is a passively managed Sector Equity Natural Resources exchange-traded fund (ETF). Strive AM launched the ETF in 2023.
The investment seeks to track the total return performance, before fees and expenses, of the Bloomberg Natural Resources & Security Index.
The fund seeks to track the investment results of the index, which measures the performance of companies that are engaged in national security and natural resource security as defined by Bloomberg. The index includes large- and mid-capitalization companies. Under normal circumstances, at least 80% of the fund’s net assets, plus the amount of any borrowings for investment purposes will be invested in the Natural Resources and Security Sectors. The fund is non-diversified.
About Strive Natural Resources and SecurityETF (FTWO)
There are 2 members of the management team with an average tenure of 2.92 years: Matthew Cole (2023) and Jeffrey Sherman (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US 1000 TR USD index with a weighting of 100% and Bloomberg Natural Resources & Sec TR USD index with a weighting of 100%. Strive Natural Resources and SecurityETF has 53 securities in its portfolio. The top 10 holdings constitute 55.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Strive Natural Resources and SecurityETF is part of the Equity global asset class and is within the Sector Equity ETF group. Strive Natural Resources and SecurityETF has 20.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 78.8% There is 20.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Strive Natural Resources and SecurityETF has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $71 million in total assets, which is below the $1 billion average for the Natural Resources category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FTWO Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Strive Natural Resources and SecurityETF expense ratio is average compared to funds in the Natural Resources category. Strive Natural Resources and SecurityETF has an expense ratio of 0.49%, which is 7% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Strive Natural Resources and SecurityETF has a portfolio turnover rate of 21%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 41% for the Natural Resources category.
Recently, in the month of July 2026, Strive Natural Resources and SecurityETF returned 0.7%, which earned it a grade of B, as the Natural Resources category had an average return of -2.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Strive Natural Resources and SecurityETF has a trailing yield of 0.94%, which is below the 2.30% category average.
The fund normally distributes its income quarterly and its capital gains quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Strive Natural Resources and SecurityETF Grades
Year to date, the ETF has returned 8.2%, 1.7 percentage points better than the category, which translates into a grade of C. The fund has returned 19.6% over the past year (grade of D).
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FTWO Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FTWO Return (NAV) | 0.7% | -5.2% | 19.6% | na | na | na |
| FTWO Return (Price) | 1.0% | -5.1% | 19.7% | na | na | na |
| NAV +/- Price Return | -0.257% | -0.082% | -0.089% | na | na | na |
| Natural Resources Avg | -2.2% | -9.2% | 33.5% | 9.8% | 7.4% | 10.4% |
| FTWO Grade (NAV) | B | C | D | na | na | na |
| +/- Category (NAV) | 2.9% | 4.0% | -13.9% | na | na | na |
| FTWO Tax-Cost Ratio | na | na | 0.4% | na | na | na |
FTWO Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FTWO Return (NAV) | 8.2% | 42.1% | 15.4% | na | na | na | na | na | na | na | na |
| FTWO Return (Price) | 7.8% | 43.1% | 15.0% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.049% | 0.023% | -0.026% | na | na | na | na | na | na | na | na |
| Natural Resources Avg | 6.5% | 43.5% | -6.0% | 9.9% | -7.3% | 30.1% | 22.9% | 18.4% | -16.7% | 25.1% | 28.4% |
| FTWO Grade (NAV) | C | C | A | na | na | na | na | na | na | na | na |
| +/- Category | 1.7% | -1.4% | 21.4% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.9% |
| Total Assets: | $ 72 Mil |
| Share Class Assets: | $ 72 Mil |
| Turnover: | 21.0% |
| Expense Ratio: | 0.49% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US 1000 TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Quarterly |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.9 years | |||
| Average Tenure: 2.9 years | |||
| Managers (Year): Cole Matthew (2023), Sherman Jeffrey (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 53 |
| % in Top 10 Holdings: | 55.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 20.9% |
Portfolio Allocation |
|
| Domestic Stock: | 78.8% |
| Foreign Stock: | 20.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Strive AM |
| Phone Number: | 215-330-4476 |
| Website: | www.valueshares.com |
| Inception Date: | August 30, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.49% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.53% |
