Key stats
About Fundstrat Granny Shots US Large Cap ETF
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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
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.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GRNY trades at 22.60 USD today, its price has fallen −0.86% in the past 24 hours. Track more dynamics on GRNY price chart.
GRNY net asset value is 22.68 today — it's risen 6.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GRNY assets under management is 1.53 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GRNY price has risen by 5.41% over the last month, and its yearly performance shows a 12.69% increase. See more dynamics on GRNY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.29% over the last month, showed a 38.51% increase in three-month performance and has increased by 13.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.29% over the last month, showed a 38.51% increase in three-month performance and has increased by 13.65% in a year.
GRNY fund flows account for 1.40 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GRNY invests in stocks. See more details in our Analysis section.
GRNY expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GRNY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, GRNY doesn't pay dividends to its holders.
GRNY trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GRNY shares are issued by Toroso Investments Topco LLC
GRNY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 7, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.