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About GraniteShares Nasdaq Select Disruptors ETF
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Inception date
Oct 7, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
ISIN
US38747R6036
DRUP aims to provide exposure to large-cap U.S. listed stocks that exhibit strong disruptive potential and innovative capabilities. The fund follows a selection process that begins with the 500 largest US equities, evaluating them based on six fundamental criteria: patent value, Research & Development expenses, revenue growth, gross margin growth, average gross margin and gross margin Sharpe. The process then assigns a disruption score and the top 50 securities with the highest rankings are chosen. The funds holdings follow a modified free-float market capitalization weighting, capping individual securities at 10% and limiting those exceeding 4.75% to comprise less than 50% of the index. The index undergoes quarterly rebalancing and semi-annual reconstitution. Prior to August 15, 2023, the fund traded under the ticker XOUT, titled GraniteShares XOUT U.S. Large Cap ETF and tracked the XOUT U.S. Large Cap Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Health Technology
Electronic Technology
Stocks100.06%
Technology Services63.40%
Health Technology20.33%
Electronic Technology12.90%
Finance1.20%
Consumer Services1.11%
Commercial Services1.06%
Bonds, Cash & Other−0.06%
Cash−0.06%
Stock breakdown by region
North America98.56%
Europe1.44%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRUP invests in stocks. The fund's major sectors are Technology Services, with 63.44% stocks, and Health Technology, with 20.34% of the basket. The assets are mostly located in the North America region.
DRUP top holdings are Microsoft Corporation and Broadcom Inc., occupying 9.75% and 7.45% of the portfolio correspondingly.
DRUP last dividends amounted to 0.04 USD. The quarter before, the issuer paid 0.08 USD in dividends, which shows a 98.60% decrease.
DRUP assets under management is 57.61 M USD. It's risen 0.52% over the last month.
DRUP fund flows account for −8.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
DRUP shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Oct 7, 2019, and its management style is Passive.
DRUP expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
DRUP follows the Nasdaq US Large Cap Select Disruptors Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRUP invests in stocks.
DRUP price has risen by 2.09% over the last month, and its yearly performance shows a 26.77% increase. See more dynamics on DRUP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.63% over the last month, showed a 7.29% increase in three-month performance and has increased by 26.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.63% over the last month, showed a 7.29% increase in three-month performance and has increased by 26.17% in a year.
DRUP trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.