Fund Details
As of 5/15/2025
| Ticker | MPLY |
| CUSIP | 86280R506 |
| Inception | 5/14/2025 |
| Exchange | CBOE |
| Gross Expense Ratio | 0.79% |
| Net Expense Ratio* | 0.79% |
| Portfolio Manager | Neil Azous |
Neil Azous
- Portfolio Manager
- Founder and CIO of Rareview Capital
- 28+ years of investment experience, including prior work experience at Goldman Sachs, UBS Investment Bank, Donaldson Lufkin & Jenrette, and Navigate Advisors.
- BA from the University of Washington
Fund Description and Objective
The Monopoly ETF (MPLY) seeks to provide long-term capital appreciation. The Fund seeks to achieve its investment objective by primarily investing in the common stock of companies that demonstrate “Monopolistic Attributes” which include:
- Brand dominance
- Regulatory exclusivity
- Industry concentration
- Historical antitrust reviews (previous government accusations of antitrust law violations)
- Monopolistic or Oligopolistic economic rents (charge higher prices or incur lower costs than competitors)
- High barriers to market entry
- Pricing power (a company’s ability to raise prices without losing customers)
- Vertically integrated and control of the supply chain (the company owns or directly manages all the steps needed to make and sell its products)
- Benefits from network effects (a product or service that becomes more valuable as more people use it)
- Protected intellectual property or patents
The companies that demonstrate these attributes may possess them either: (1) individually by dominating a market with limited to no competition for its products and services from other companies (a monopoly); or (2) dominate a market collectively with one or more other companies that sell similar products or services with limited to no competition from others (an oligopoly).
Daily NAV and Market Price
As of
|
Ticker – |
Exchange CBOE |
NAV2 |
Market Price3 – |
| Shares Outstanding | 10000.00 | Total Net Assets | 250000.00 |
|---|---|---|---|
| Median Bid/Ask Spread (30 Day)1 | – | Premium Discount (%) |
130-Day Median Bid/Ask Percentage Spread Calculation: Based on Rule 6c-11(c)(1)(v), to calculate the median bid-ask spread the fund, (i) identifies the ETF’s NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) divides the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identify the median of those values.
2Net asset value” or “NAV” is determined by adding up the value of all the assets in the fund, including assets and cash, subtracting any liabilities, and then dividing that value by the number of outstanding shares in the ETF.
3Market Price is defined as the official closing price of the ETF share.
MPLY Performance
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| MPLY | YTD | 1M | 3M | 6M | 1 Yr | 3 Yrs | 5 Yrs | Since Inception |
| NAV | – | – | – | – | – | – | – | – |
| Market Price | – | – | – | – | – | – | – | – |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the ETF shares will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market returns are based on the composite closing price and do not represent the returns you would receive if you traded the shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.
Download All Holdings| HoldingName | Ticker | MarketValue% | MarketValue | SharesQuantity | NotionalValue% | NotionalValue |
|---|---|---|---|---|---|---|
| APPLE INC. | AAPL US | 10.403% | 26,008.35 | 123.0000 | 10.403% | 26,008.35 |
| MICROSOFT CORP | MSFT US | 10.331% | 25,828.41 | 57.0000 | 10.331% | 25,828.41 |
| NVIDIA CORP | NVDA US | 9.276% | 23,190.76 | 172.0000 | 9.276% | 23,190.76 |
| ALPHABET INC | GOOG US | 6.550% | 16,374.60 | 99.0000 | 6.550% | 16,374.60 |
| AMAZON.COM INC. | AMZN US | 6.401% | 16,003.26 | 78.0000 | 6.401% | 16,003.26 |
| META PLATFORMS INC | META | 4.636% | 11,589.84 | 18.0000 | 4.636% | 11,589.84 |
| TESLA INC | TSLA US | 3.154% | 7,884.86 | 23.0000 | 3.154% | 7,884.86 |
| BROADCOM INC | AVGO | 2.978% | 7,444.48 | 32.0000 | 2.978% | 7,444.48 |
| TAIWAN SEMICONDUCTOR MANU | TSM US | 2.952% | 7,380.36 | 38.0000 | 2.952% | 7,380.36 |
| WALMART INC. | WMT US | 2.582% | 6,455.45 | 67.0000 | 2.582% | 6,455.45 |
Monthly Distribution History
* A portion of the distribution consists of a return of capital.
See Distribution Calendar 
Get Distributions in Your Inbox| Amount per Share | Calculation NAV | Declaration Date | Ex-Date | Record Date | Payable Date | Available Notice |
| – | – | – | – | – | – |  |
All or a portion of a distribution may consist of a return of capital. Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares.
Disclosures
Past performance is not a guarantee of future results.
Shareholders should not assume that the source of a distribution from the Fund is net profit. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares.
Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Nasdaq 7HANDL ETF. This and other important information about the Fund is contained in the full or summary prospectus, which can be obtained by calling (855) HSS-ETFS (855-477-3837) or at www.StrategySharesETFs.com. The Strategy Shares are distributed by Foreside Fund Services, LLC, which is not affiliated with Rational Advisors, Inc., or any of its affiliates.
Equity Securities Risk. The price of common stock in the Fund’s portfolio will fluctuate based on actual or received changes in a company’s financial condition and on market and economic conditions. Investor receptions are based on various and unpredictable factors, including expectations regarding government, economic, monetary and fiscal policies; inflation and interest rates; economic expansion or contraction and lobal or regional political, economic and banking crises.
Foreign Securities Risk. Since the Fund’s investments may include ADRs, the Fund is subject to risks beyond those associated with investing in domestic securities. The value of foreign securities is subject to currency fluctuations.
Management Risk. The investment strategies and models employed by the Sub-Advisor in selecting investments and asset allocations for the Fund may not result in an increase in the value of your investment or n overall performance equal to other similar investment vehicles having similar investment strategies.
New Fund Risk. The Fund is a relatively new fund with limited history of operations as an ETF for investors to evaluate. If the Fund is unable to achieve an economic size, expenses will be higher than expected and the Fund might close, which could produce adverse tax consequences for shareholders.
The Strategy Shares are distributed by Foreside Fund Services, LLC, which is not affiliated with Rational Advisors, Inc., or any of its affiliates.