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AHD

GradeCNASDAQ Global Market

GraniteShares Autocallable HOOD ETF

Single-stock strategy · Option Income · GraniteShares · Inception 2026-05-19

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$26.54+0.09 (+0.32%)

As of Sep 23, 2026, 2:11 PM EDT

History starts May 19, 2026.History starts May 19, 2026.History starts May 19, 2026.
Intraday session: up, 20 prints from 26.45 to 26.54. Range 26.46 to 26.57. Use the arrow keys to read each point.$26.45$26.5010 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$3M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$26.40
52W range
low $24.55high $29.77

The ETF.net AHD Grade

C

40/ 100

Rank 36 of 72 in Single-Stock Option Income⁠

Confidence Medium

Six-pillar profile for AHD. Scores out of 100: Cost 34, Risk 98, Mission not scored, Tradability 33, Holdings not scored, Durability 34. Strongest: Risk (98). Weakest: Tradability (33). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned48This cap took−8Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 34
    Category rank37/72 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 98
    Category rank1/65 · top 2%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank61/72 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 34
    Category rank63/72 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on AHD

ETF.net Research

CWall Street's autocallable, minus the bank note and the five-figure minimum: AHD holds a laddered book of autocallable options on Robinhood stock, paying contingent income while HOOD holds above preset barriers.

Stated mandate

The fund seeks income and limited downside protection through autocallables linked to Robinhood Markets, Inc.'s common stock.

Why people hold it

  1. 01Holds a portfolio of autocallables with staggered maturities and spread-out barrier levels (80%, 70%, 60%, 50%), so one bad observation date does not decide the whole payout.graniteshares.comgraniteshares.com
  2. 02ETF plumbing instead of note plumbing: one ticker, one-share minimum, no upfront sales commission, no bank-issued paper, intraday exchange trading.graniteshares.comgraniteshares.com
  3. 03The odd one out on a crowded stock: the other HOOD income funds (HOOY, HOYY) sell options for premium, while AHD runs autocallables, at 1.07%, the median fee in its peer group.

Worth knowing

  1. 01Conditional protection, not a floor: if HOOD falls below the maturity barrier, the fund can take losses comparable to owning the stock outright.finance.yahoo.com
  2. 02Income is contingent. Coupons accrue only when the stock sits above the coupon barrier on observation dates, and the fund's quarterly payouts vary.graniteshares.com
  3. 03Launched in 2026, with assets still small and trading light, which can widen bid-ask spreads.

AHD Holdings

As of Sep 21, 2026, 4:05 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
US Dollars95.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US Dollars95.62%2,508,262$3M85
002—Nomura10 AHD1.08%500,000$28K1
003—Nomura9 AHD0.96%500,000$25K1
004—Nomura8 AHD0.85%500,000$22K1
005—Nomura7 AHD0.78%500,000$21K1
006—Nomura6 AHD0.70%500,000$18K1

Showing 1–6 of 6 holdings

AHD Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

AHD$11,022
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. AHD $11,022. SPY $10,415. Use the arrow keys to read each point.$9,693$10,422$11,151Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AHD. Periods over one year show the average yearly return.
PeriodAHD
Year to dateFund launched this year—
1 month+0.7%
3 months+10.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AHD
YearReturn barAHD
2026 YTD+17.6%

Since listing, May 19, 2026

AHD in the news

ETF.net Research hasn’t filed on AHD yet — coverage lands here as it’s written.

AHD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.72 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 4 payments in 2026 YTD. Jun 3, 2026 $0.58; Jul 1, 2026 $0.61; Aug 12, 2026 $0.58; Sep 9, 2026 $0.72. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 9, 2026Sep 11, 2026$0.72
Aug 12, 2026Aug 14, 2026$0.58
Jul 1, 2026Jul 6, 2026$0.61
Jun 3, 2026Jun 5, 2026$0.58

AHD Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.51
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AHD Cost

Expense ratio1.07%
  • The middle half of Single-Stock Option Income funds
  • Median 1.07%

35 of the 71 Single-Stock Option Income funds charge less.

AHD costs $107.00 a year on $10,000. The median Single-Stock Option Income fund costs $107.00.