Key stats
About Fundstrat Granny Shots US Large Cap ETF
Home page
Inception date
Nov 7, 2024
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
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863642315
GRNY invests in US large-cap securities that meet the funds thematic requirements. The fund takes its name from the basketball term granny shot referring to an older, unconventional free-throw style. The actively managed fund targets stocks based on themes that could significantly impact the US economy and stock market. Themes could be shorter- or longer-term and identified based on the sub-advisers research and analysis of various factors, including market trends. The issuer determines 5 to 10 themes based on their significance to the economy, probability of materializing, cross-impact with other themes, and their feasibility. The sub-adviser uses a top-down fundamental analysis and a quantitative screening process that identifies sectors and companies likely to benefit from these themes. The fund selects 20-50 stocks identified as top performers in two or more themes, which are equally weighted every quarter.
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
Electronic Technology
Finance
Producer Manufacturing
Stocks98.96%
Technology Services28.25%
Electronic Technology24.93%
Finance12.84%
Producer Manufacturing10.65%
Consumer Services4.91%
Retail Trade4.57%
Consumer Durables3.21%
Industrial Services2.64%
Consumer Non-Durables2.54%
Utilities2.33%
Commercial Services2.07%
Bonds, Cash & Other1.04%
Mutual fund1.06%
Cash−0.02%
Stock breakdown by region
North America92.33%
Europe7.67%
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
GRNY invests in stocks. The fund's major sectors are Technology Services, with 28.26% stocks, and Electronic Technology, with 24.94% of the basket. The assets are mostly located in the North America region.
GRNY top holdings are Tesla, Inc. and Robinhood Markets, Inc. Class A, occupying 3.21% and 3.11% of the portfolio correspondingly.
GRNY assets under management is 2.94 B USD. It's risen 19.10% over the last month.
GRNY fund flows account for 2.61 B 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.
No, GRNY doesn't pay dividends to its holders.
GRNY shares are issued by Toroso Investments Topco LLC under the brand Fundstrat. The ETF was launched on Nov 7, 2024, and its management style is Active.
GRNY expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
GRNY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GRNY invests in stocks.
GRNY price has risen by 6.46% over the last month, and its yearly performance shows a 25.41% increase. See more dynamics on GRNY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.14% over the last month, showed a 10.23% increase in three-month performance and has increased by 25.24% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.14% over the last month, showed a 10.23% increase in three-month performance and has increased by 25.24% in a year.
GRNY trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.