ETF Evaluator:
Strategas Global Policy Opp ETF ()
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(as of Aug 26)
Best Performing in Global Small/Mid Stock Over the Last Year
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ETF Details
Strategas Global Policy Opp ETF Overview
Strategas Global Policy Opp ETF (SAGP) is an actively managed International Equity Global Small/Mid Stock exchange-traded fund (ETF). Strategas Asset Management, LLC launched the ETF in 2022.
The investment seeks long-term capital appreciation.
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its objective by investing principally in the common stocks of U.S. and non-U.S. companies interested in influencing public policy through their lobbying activity in Washington D.C. Strategas Asset Management, LLC (the “Adviser”) considers lobbying a nontraditional and largely unrecognized factor in company analysis. It may, from time to time, invest a significant portion of its total assets in securities of companies in certain sectors or located in particular countries or regions outside the U.S.
About Strategas Global Policy Opp ETF (SAGP)
There are 7 members of the management team with an average tenure of 3.91 years: Rafael Zayas (2022), Nicholas Bohnsack (2022), Daniel Clifton (2022), Austin Wen (2022), Devin Ryder (2026), Courtney Rosenberger (2022) and Gerald Hendricks (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Strategas Global Policy Opp ETF has 105 securities in its portfolio. The top 10 holdings constitute 21.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Strategas Global Policy Opp ETF is part of the Equity global asset class and is within the International Equity ETF group. Strategas Global Policy Opp ETF has 33.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 64.7% There is 33.4% 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). Strategas Global Policy Opp ETF has 1.9% of the portfolio in cash.
Assets Under Management
The fund has $78 million in total assets, which is below the $286 million average for the Global Small/Mid Stock 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.
SAGP 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 Strategas Global Policy Opp ETF expense ratio is above average compared to funds in the Global Small/Mid Stock category. Strategas Global Policy Opp ETF has an expense ratio of 0.65%, which is 5% lower than its category average, making the fund expense ratio grade a C. 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. Strategas Global Policy Opp ETF has a portfolio turnover rate of 70%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 94% for the Global Small/Mid Stock category.
Recently, in the month of July 2026, Strategas Global Policy Opp ETF returned 2.8%, which earned it a grade of A, as the Global Small/Mid Stock category had an average return of -3.4%. 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.
Strategas Global Policy Opp ETF has a trailing yield of 0.50%, which is below the 1.65% category average.
The fund normally distributes its income annually and its capital gains annually.
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.
Strategas Global Policy Opp ETF Grades
Year to date, the ETF has returned 7.9%, 4.6 percentage points worse than the category, which translates into a grade of F. The fund has returned 15.0% over the past year (grade of D) and 15.0% over the past three years (grade of B).
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SAGP 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 |
|
| SAGP Return (NAV) | 2.8% | 4.6% | 15.0% | 15.0% | na | na |
| SAGP Return (Price) | 3.0% | 4.4% | 15.4% | 15.1% | na | na |
| NAV +/- Price Return | -0.152% | 0.235% | -0.407% | -0.188% | na | na |
| Global Small/Mid Stock Avg | -3.4% | -2.0% | 21.6% | 9.0% | -0.7% | 3.2% |
| SAGP Grade (NAV) | A | A | D | B | na | na |
| +/- Category (NAV) | 6.3% | 6.6% | -6.6% | 6.0% | na | na |
| SAGP Tax-Cost Ratio | na | na | 1.1% | 0.7% | na | na |
SAGP Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SAGP Return (NAV) | 7.9% | 22.6% | 12.1% | 11.6% | na | na | na | na | na | na | na |
| SAGP Return (Price) | 7.9% | 23.0% | 12.0% | 11.3% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.003% | 0.021% | -0.007% | -0.031% | na | na | na | na | na | na | na |
| Global Small/Mid Stock Avg | 12.5% | 21.5% | 3.5% | 3.0% | -21.6% | 0.3% | 44.8% | 26.2% | -16.9% | 19.7% | 3.3% |
| SAGP Grade (NAV) | F | B | B | A | na | na | na | na | na | na | na |
| +/- Category | -4.6% | 1.1% | 8.6% | 8.6% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.78 |
| R-Squared: | 65% |
| Standard Deviation: | 12.2% |
| Category Risk Index: | 0.61 |
| Category Risk Rating: | Low |
| Total Risk Index: | 0.99 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 0.5% |
| Total Assets: | $ 79 Mil |
| Share Class Assets: | $ 79 Mil |
| Turnover: | 70.0% |
| Expense Ratio: | 0.65% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 4.5 years | |||
| Average Tenure: 3.9 years | |||
| Managers (Year): Zayas Rafael (2022), Bohnsack Nicholas (2022), Clifton Daniel (2022), Wen Austin (2022), Rosenberger Courtney (2022), Hendricks Gerald (2022), Ryder Devin (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 105 |
| % in Top 10 Holdings: | 21.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 33.4% |
Portfolio Allocation |
|
| Domestic Stock: | 64.7% |
| Foreign Stock: | 33.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.9% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Strategas Asset Management, LLC |
| Phone Number: | 855-457-3637 |
| Website: | |
| Inception Date: | January 25, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.68% |
