ETF Evaluator:
SMART Trend 25 ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
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Risk
Index
Risk
Index
ETF Details
SMART Trend 25 ETF Overview
SMART Trend 25 ETF (STRN) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). SmartWay ETFs launched the ETF in 2025.
The investment seeks long-term capital appreciation.
The fund is an actively-managed exchange-traded fund (“ETF”) that invests primarily in equity securities of U.S. domiciled, large-cap companies (typically companies with a market capitalization of $10 billion or more) whose shares are listed on U.S. exchanges. The fund is non-diversified.
About SMART Trend 25 ETF (STRN)
There are 3 members of the management team with an average tenure of 0.72 years: Andrew Hicks (2026), Qiao Duan (2025) and David Brooks (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
SMART Trend 25 ETF has 27 securities in its portfolio. The top 10 holdings constitute 63.5% 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.
SMART Trend 25 ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. SMART Trend 25 ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.5% There is 0.0% 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). SMART Trend 25 ETF has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $19 million in total assets, which is below the $13 billion average for the Large Blend 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.
STRN 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 SMART Trend 25 ETF expense ratio is average compared to funds in the Large Blend category. SMART Trend 25 ETF has an expense ratio of 0.59%, which is 42% higher than its category average, making the fund expense ratio grade a D. 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. SMART Trend 25 ETF has a portfolio turnover rate of 183%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, SMART Trend 25 ETF returned -9.4%, which earned it a grade of F, as the Large Blend category had an average return of -0.8%. 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.
SMART Trend 25 ETF has a trailing yield of 0.00%, which is below the 1.16% 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.
SMART Trend 25 ETF Grades
Year to date, the ETF has returned 18.1%, 8.6 percentage points better than the category, which translates into a grade of A.
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STRN 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 |
|
| STRN Return (NAV) | -9.4% | 6.6% | na | na | na | na |
| STRN Return (Price) | -9.2% | 6.9% | na | na | na | na |
| NAV +/- Price Return | -0.198% | -0.333% | na | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| STRN Grade (NAV) | F | A | na | na | na | na |
| +/- Category (NAV) | -8.6% | 2.9% | na | na | na | na |
| STRN Tax-Cost Ratio | na | na | na | na | na | na |
STRN Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| STRN Return (NAV) | 18.1% | na | na | na | na | na | na | na | na | na | na |
| STRN Return (Price) | 18.4% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.018% | na | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| STRN Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 8.6% | na | na | 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: | -- |
| Total Assets: | $ 19 Mil |
| Share Class Assets: | $ 19 Mil |
| Turnover: | 183.0% |
| Expense Ratio: | 0.59% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.0 years | |||
| Average Tenure: 0.7 years | |||
| Managers (Year): Duan Qiao (2025), Brooks David (2025), Hicks Andrew (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 27 |
| % in Top 10 Holdings: | 63.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 99.5% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | 0.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | SmartWay ETFs |
| Phone Number: | 877-779-1999 |
| Website: | |
| Inception Date: | August 19, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.59% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.41% |
