What this ETF is trying to do

This report looks at the STRATEGAS MACRO THEMATIC OPPORTUNITIES ETF, which uses the ticker symbol SAMT. This ETF is designed to invest in various opportunities based on big-picture economic themes. It holds a mix of different companies and cash.

What the numbers show

As of September 18, 2026, the current price of one share of SAMT is $42.10. An estimated price from roughly one year ago was about $36.55.

When looking at how this ETF has performed, it is important to know the difference between price return and total return:

• Price return only tracks how much the share price itself went up or down.

• Total return tracks the share price change plus any cash distributions (dividends) paid to investors.

Here is what the data shows:

• One-Year: The one-year price return was 15.18%. The one-year total return was higher, at approximately 15.99%.

• Year-to-Date (YTD): Both the YTD price return and the YTD total return are 9.32%.

• Three-Year: The three-year price return was 80.57%, while the three-year total return was approximately 87.12%.

Income and distribution explanation

Some investors look for ETFs that pay them cash regularly. This is called a distribution yield. For SAMT, the distribution yield is 0.64%.

It is important to remember that a high yield is not the same as total return. Also, the distributions for this ETF are described as "irregular" or "less frequent." In the last 12 months, there was only one payout.

NAV erosion explanation

NAV erosion happens when the value of the underlying assets in an ETF goes down over time. Some investors worry about this because it can shrink the amount of money in the fund.

For SAMT, the data shows an erosion score of 100, and the label says "No price erosion detected." The severity is listed as "good," and there is no severe erosion-risk flag.

Pros

• Positive Returns: The ETF has shown positive price returns and total returns over the last year and the last three years.

• Low Erosion Risk: The data shows no detected price erosion.

Cons

• Low/Irregular Income: The distribution yield is relatively low at 0.64%, and the payments do not happen on a regular schedule.

Beginner takeaway

When studying SAMT, notice that the total return is higher than the price return. This tells you that the extra money came from distributions. Always look at both numbers to see the full picture of how an ETF has performed.

Top Holdings:

As of October 4, 2026, some of the largest holdings in this ETF include:

• CASH (8.73%)

• TARGET CORP (3.39%)

• PHILLIPS 66 (3.12%)

• ABBVIE INC (3.04%)

• VISA INC CLASS A (3.04%)

• COCA-COLA CO (2.84%)

• ELI LILLY AND CO (2.76%)

• UNITEDHEALTH GROUP INC (2.70%)

• ARCHER-DANIELS-MIDLAND CO (2.66%)

• AMAZON.COM INC (2.63%)

*Note: Holdings can change over time.*