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GraniteShares Autocallable HOOD ETF

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

$25.72−0.03 (−0.13%)

As of Nov 10, 2026, 11:15 AM ET

Intraday session: down, 22 prints from 25.75 to 25.72. Range 25.64 to 25.83. Use the arrow keys to read each point.25.6525.8010 AM12 PM2 PM4 PM
Expense ratio
1.18%*
Fund size
$6M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
6.32K sh
52W range
low $24.55high $29.77
Launched

*After a fee waiver that ends Dec 31, 2027. Without it: 14.44%.

The ETF.net AHD Grade

Based on 4 of 6 pillars

C

Score 44 out of 100

Rank
39 of 72
Six-pillar profile for AHD. Scores out of 100: Cost 19, Risk 98, Mission not scored, Tradability 46, Holdings not scored, Durability 33. Strongest: Risk (98). Weakest: Cost (19). Based on 4 of 6 pillars.

Score 44 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F19 out of 100
    Rank 49 of 72
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A98 out of 100
    Rank 1 of 70
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 46 of 72
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D33 out of 100
    Rank 61 of 72

Our read on AHD

ETF.net Research

In short

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

  • Holds 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
  • ETF plumbing instead of note plumbing: one ticker, one-share minimum, no upfront sales commission, no bank-issued paper, intraday exchange trading.graniteshares.comgraniteshares.com 2
  • The 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

  • Conditional protection, not a floor: if HOOD falls below the maturity barrier, the fund can take losses comparable to owning the stock outright.yahoo.com
  • Income 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
  • Launched in 2026, with assets still small and trading light, which can widen bid-ask spreads.

AHD Performance

Launched May 19, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
AHD$10,527
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. AHD $10,527. SPY $9,758. Use the arrow keys to read each point.$9,500$10,000$10,500Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 yearNo data
1 month−0.3%
3 months+5.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+17.7%

Since listing, May 19, 2026

AHD in the news

AHD Dividends

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. 5 payments in 2026 YTD. Jun 3, 2026 $0.58; Jul 1, 2026 $0.61; Aug 12, 2026 $0.58; Sep 9, 2026 $0.72; Oct 7, 2026 $0.72. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 7, 2026Oct 9, 2026$0.72
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.

FMP measures it over up to five years of monthly returns.

AHD Cost

Overpaying vs KWIN, cheapest in Single-Stock Option Income

$11,378

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AHD 1.18%

    $21,543

  • KWIN 0.51% Cheapest

    $10,165

$10,000
30 years

Cost over time

  • AHD 1.18%
  • KWIN 0.51%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530AHD $21,543KWIN $10,165

Year by year

YearAHDKWINOverpaying
10$2,065$918$1,147
20$7,697$3,527$4,170
30$21,543$10,165$11,378
How the 1.18% is worked out

Full fee 14.44%− waiver 13.26%= you pay 1.18%

The waiver ends Dec 31, 2027. After that the fee is 14.44% unless GraniteShares renews it. Source: prospectus, Oct 2026.

Other funds in Single-Stock Option Income