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Launched

Fundstrat Granny Shots US Large Cap & Income ETF

GRNINYSE ArcaFundstrat CapitalC

$19.41−0.19 (−0.97%)

As of Nov 10, 2026, 11:25 AM ET

C43/ 100

Rank 28 of 51 in Active Option Income

C43/100Rank 28 of 51inActive Option Income
Intraday session: down, 23 prints from 19.60 to 19.41. Range 19.31 to 19.52. Use the arrow keys to read each point.19.3019.3519.4519.5019.5510 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$52M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
89
Avg volume · 30D
28.2K sh
52W range
low $18.36high $34.58
Launched

The ETF.net GRNI Grade

Based on 5 of 6 pillars

C

Score 43 out of 100

Category
Active Option Income⁠
Rank
28 of 51
Six-pillar profile for GRNI. Scores out of 100: Cost 39, Risk 12, Mission not scored, Tradability 55, Holdings 83, Durability 57. Strongest: Holdings (83). Weakest: Risk (12). Based on 5 of 6 pillars.

Score 43 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.
    D39 out of 100
    Rank 30 of 51

  • 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.
    F12 out of 100
    Rank 46 of 49

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 23 of 51

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A83 out of 100
    Rank 5 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B57 out of 100
    Rank 22 of 51

Our read on GRNI

ETF.net Research

In short

CFundstrat's Granny Shots research brand, wrapped in an options-income ETF. Active US large caps up top, an options overlay for cash below, Treasuries in the mix. Income is the stated first job here; appreciation is the second.

Stated mandate

The actively managed fund primarily seeks current income through options strategies and secondarily seeks long-term capital appreciation from U.S. large-cap equities, while maintaining cash or U.S. Treasuries.

Why people hold it

  • The priority is written into the mandate: current income first via options strategies, long-term appreciation from US large caps second, with cash or Treasuries held alongside.
  • Distributions are declared on a monthly schedule, the cadence income-focused holders tend to budget around.
  • Fully active, no index to hug: the manager picks the large caps and decides which options get written, under the Fundstrat Granny Shots banner.
  • Standard 1940 Act fund structure, the same wrapper used by mainstream stock ETFs.

Worth knowing

  • At 0.99% a year it sits above the 0.95% median for options-income funds, and well above cheaper peers in the group such as PAPI (0.29%) and DIVO (0.56%).
  • It launched in November 2025, so there is little history showing how the overlay behaves across a full market cycle.
  • Writing options trades away part of a rally for premium, and the cash collected moves with those premiums rather than arriving as a fixed amount.

GRNI Performance

Launched Nov 18, 2025

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.
GRNI$10,511
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,124
Dec 31, 2025 to Nov 9, 2026. GRNI $10,511. SPY $11,124. Use the arrow keys to read each point.$10,000$11,000Dec 2025Jun 2026Nov 2026

Dec 31, 2025 – 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 GRNI. Periods over one year show the average yearly return.
PeriodGRNI
Year to date+5.1%
1 month−7.2%
3 months−4.7%
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 GRNI
YearReturn barGRNI
2026 YTD+5.1%
2025+2.9%

Since listing, Nov 18, 2025

GRNI in the news

GRNI Dividends

Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 11 payments from 2025 to 2026 YTD. Dec 22, 2025 $0.17; Jan 29, 2026 $0.17; Feb 26, 2026 $0.17; Mar 30, 2026 $0.16; Apr 29, 2026 $0.17; May 28, 2026 $0.18; Jun 29, 2026 $0.17; Jul 30, 2026 $0.17; Aug 28, 2026 $0.18; Sep 29, 2026 $0.18; Oct 29, 2026 $0.17. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 29, 2026Oct 30, 2026$0.17
Sep 29, 2026Sep 30, 2026$0.18
Aug 28, 2026Aug 31, 2026$0.18
Jul 30, 2026Jul 31, 2026$0.17
Jun 29, 2026Jun 30, 2026$0.17
May 28, 2026May 29, 2026$0.18
Apr 29, 2026Apr 30, 2026$0.17
Mar 30, 2026Mar 31, 2026$0.16
Feb 26, 2026Feb 27, 2026$0.17
Jan 29, 2026Jan 30, 2026$0.17
Dec 22, 2025Dec 23, 2025$0.17

GRNI Risk

Risk pillarF12 out of 100Rank 46 of 49 in Active Option Income
How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; 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 Nov 2025; 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 Nov 2025; 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.
0.92
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.

GRNI Cost

Compare GRNI and RECI

Overpaying vs RECI, cheapest in Active Option Income

$12,376

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

  • GRNI 0.99%

    $18,525

  • RECI 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • GRNI 0.99%
  • RECI 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530GRNI $18,525RECI $6,149

Year by year

YearGRNIRECIOverpaying
10$1,746$545$1,201
20$6,565$2,113$4,452
30$18,525$6,149$12,376

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