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Launched · SEC filings

Fundstrat Granny Shots US Small- & Mid-Cap ETF

GRNJNYSE ArcaFundstrat CapitalD

$25.30−0.67 (−2.58%)

At close: Nov 2, 2026, 4:00 PM ET

D36/ 100

Rank 34 of 47 in US Active Small/Mid-Cap

D36/100Rank 34 of 47inUS Active Small/Mid-Cap
Intraday session: down, 79 prints from 25.97 to 25.30. Range 25.30 to 26.22. Use the arrow keys to read each point.25.6025.8026.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$445M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
63
Avg volume · 30D
156K sh
52W range
low $23.08high $32.69
Launched
Filings
SEC EDGAR

The ETF.net GRNJ Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
34 of 47
Six-pillar profile for GRNJ. Scores out of 100: Cost 22, Risk 10, Mission not scored, Tradability 72, Holdings 55, Durability 62. Strongest: Tradability (72). Weakest: Risk (10). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D 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.
    F22 out of 100
    Rank 34 of 47

  • 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.
    F10 out of 100
    Rank 42 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A72 out of 100
    Rank 7 of 47

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B55 out of 100
    Rank 25 of 47

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 14 of 47

Our read on GRNJ

ETF.net Research

In short

DTom Lee's Granny Shots rulebook, aimed down the cap scale. A stock only qualifies if it shows up in at least two of Fundstrat's seven macro themes, every survivor gets an equal slice, and the whole thing is reshuffled quarterly.

Stated mandate

The fund is an actively managed exchange-traded fund seeking long-term capital appreciation.

Why people hold it

  • The two-theme filter is the point: no stock enters on a single storyline. Positions are equal-weighted, so no one name dominates the portfolio.grannyshots.comprnewswire.com
  • Quarterly rebalancing resets positions back to equal size, which trims winners and reloads laggards instead of letting the portfolio drift.grannyshots.com
  • Despite launching in late 2025, it already sits in the $250M-$1B asset range and trades with moderate, steady volume for a fund this young.

Worth knowing

  • At 0.75% a year it runs above the 0.65% median for active US equity ETFs. That is the toll for Fundstrat's research.
  • Launched November 2025, so the live record is short. The large-cap version's history is a different portfolio, not this one's.grannyshots.com
  • Small and mid caps swing harder than blue chips, and quarterly rebalances can turn over a meaningful chunk of the holdings.grannyshots.com

GRNJ Holdings

Holdings pillarB55 out of 100Rank 25 of 47 in US Active Small/Mid-Cap
Asset class
Stocks
Holdings
63
Top-10 weight
22%
Largest holding
EXEL2.4%

Geography

  • United States96.86%
  • United Kingdom1.59%
  • Canada1.55%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1EXELExelixis Inc2.38%150,129$10.4M251
2NTRANatera, Inc. Common Stock2.34%24,716$10.2M239
3HALOHalozyme Therapeutics, Inc.2.28%76,294$9.99M219
4DINOHF Sinclair Corporation2.27%86,431$9.94M246
5SNSharkNinja, Inc.2.14%45,158$9.39M188
6PPure Storage, Inc. Class A2.12%73,122$9.29M309
7ECHOEchoStar Corporation2.11%95,320$9.24M231
8ZETAZeta Global Holdings Corp.2.08%291,975$9.1M102
9TLNTalen Energy Corporation Common Stock2.06%26,327$9.03M169
10HIIHuntington Ingalls Industries, Inc.1.95%26,956$8.54M233
11BEBloom Energy Corporation1.88%40,622$8.25M342
12EWBCEast-West Bancorp Inc1.84%62,156$8.08M193
13SGISomnigroup International Inc.1.82%125,152$7.95M155
14PGENPrecigen, Inc. Common Stock1.81%1,141,014$7.92M73
15LITELumentum Holdings Inc. Common Stock1.81%9,410$7.91M408

Showing 1–15 of 63 holdings

GRNJ 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.
GRNJ$10,164
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. GRNJ $10,164. SPY $11,169. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 GRNJ. Periods over one year show the average yearly return.
PeriodGRNJ
Year to date+1.6%
1 month−11.8%
3 months−7.9%
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 GRNJ
YearReturn barGRNJ
2026 YTD+1.6%
2025+5.1%

Since listing, Nov 18, 2025

GRNJ in the news

GRNJ 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 Oct 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Nov 2025. No distributions yet.

GRNJ Risk

Risk pillarF10 out of 100Rank 42 of 44 in US Active Small/Mid-Cap
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.
1.68
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.

GRNJ Cost

Compare GRNJ and AVMC

Overpaying vs AVMC, cheapest in US Active Small/Mid-Cap

$10,733

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

  • GRNJ 0.75%

    $14,482

  • AVMC 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • GRNJ 0.75%
  • AVMC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GRNJ $14,482AVMC $3,749

Year by year

YearGRNJAVMCOverpaying
10$1,336$328$1,008
20$5,078$1,281$3,797
30$14,482$3,749$10,733

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