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Label Element Value
Prospectus [Line Items] rr_ProspectusLineItems  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Apr. 30, 2024
Entity Registrant Name dei_EntityRegistrantName Strategy Shares
Entity Central Index Key dei_EntityCentralIndexKey 0001506213
Entity Inv Company Type dei_EntityInvCompanyType N-1A
Amendment Flag dei_AmendmentFlag false
Trading Symbol dei_TradingSymbol hss
Document Creation Date dei_DocumentCreationDate Feb. 05, 2025
Document Effective Date dei_DocumentEffectiveDate Feb. 05, 2025
Prospectus Date rr_ProspectusDate Jan. 05, 2025
Strategy Shares Gold Enhanced Yield ETF  
Prospectus [Line Items] rr_ProspectusLineItems  
Risk/Return [Heading] rr_RiskReturnHeading Strategy Shares Gold Enhanced Yield ETF
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (For fiscal year or period ended December 31, 2024)  
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged The Fund has changed its primary benchmark from the Bloomberg U.S. Corporate TR Index to the Bloomberg U.S. Aggregate Bond Index to comply with new regulatory requirements.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses or taxes
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

 

Strategy Shares Gold Enhanced Yield ETF

(the “Fund”)

Cboe Ticker: GOLY

 

January 30, 2025

The information in this Supplement amends certain information contained in the Fund’s current Prospectus and Summary Prospectus, each dated January 5, 2025.

_____________________________________________________________________________

The Average Annual Total Returns table contained under the section of the Fund’s Prospectus and Summary Prospectus entitled “FUND SUMMARY – Performance” is hereby replaced with the following:

 

Average Annual Total Returns

(For fiscal year or period ended December 31, 2024)

 

  1 Year Since Inception (May 17, 2021)
Return Before Taxes 19.92% 1.81%
Return After Taxes on Distributions 18.36% 0.70%
Return After Taxes on Distributions and Sale of Fund Shares 11.76% 0.87%
Bloomberg U.S. Aggregate Bond Index* (reflects no deduction for fees, expenses or taxes) 1.25%  (1.66)%
Bloomberg U.S. Corporate TR Index* (reflects no deduction for fees, expenses or taxes) 2.13% (1.17)%
*The Fund has changed its primary benchmark from the Bloomberg U.S. Corporate TR Index to the Bloomberg U.S. Aggregate Bond Index to comply with new regulatory requirements.

 

*       *      *

You should read this Supplement in conjunction with the Fund’s Prospectus, Summary Prospectus, and Statement of Additional Information, each dated January 5, 2025, which provide information that you should know about the Fund before investing. These documents are available upon request and without charge by calling the Fund toll-free at (855) 4SS-ETFS or (855) 477-3837, or by writing to the Fund at 36 North New York Avenue, Huntington, NY 11743.

Please retain this Supplement for future reference.
Strategy Shares Gold Enhanced Yield ETF | Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)  
Prospectus [Line Items] rr_ProspectusLineItems  
1 Year rr_AverageAnnualReturnYear01 1.25% [1]
Since Inception rr_AverageAnnualReturnSinceInception (1.66%) [1]
Strategy Shares Gold Enhanced Yield ETF | Bloomberg U.S. Corporate TR Index (reflects no deduction for fees, expenses or taxes)  
Prospectus [Line Items] rr_ProspectusLineItems  
1 Year rr_AverageAnnualReturnYear01 2.13% [1]
Since Inception rr_AverageAnnualReturnSinceInception (1.17%) [1]
Strategy Shares Gold Enhanced Yield ETF | Strategy Shares Gold Enhanced Yield ETF  
Prospectus [Line Items] rr_ProspectusLineItems  
Trading Symbol dei_TradingSymbol GOLY
Label rr_AverageAnnualReturnLabel Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 19.92%
Since Inception rr_AverageAnnualReturnSinceInception 1.81%
Inception Date rr_AverageAnnualReturnInceptionDate May 17, 2021
Strategy Shares Gold Enhanced Yield ETF | Strategy Shares Gold Enhanced Yield ETF | After Taxes on Distributions  
Prospectus [Line Items] rr_ProspectusLineItems  
1 Year rr_AverageAnnualReturnYear01 18.36%
Since Inception rr_AverageAnnualReturnSinceInception 0.70%
Strategy Shares Gold Enhanced Yield ETF | Strategy Shares Gold Enhanced Yield ETF | After Taxes on Distributions and Sales  
Prospectus [Line Items] rr_ProspectusLineItems  
1 Year rr_AverageAnnualReturnYear01 11.76%
Since Inception rr_AverageAnnualReturnSinceInception 0.87%
[1] The Fund has changed its primary benchmark from the Bloomberg U.S. Corporate TR Index to the Bloomberg U.S. Aggregate Bond Index to comply with new regulatory requirements.