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GRNY

GradeBNew York Stock Exchange Arca

Tidal Trust III - Fundstrat Granny Shots US Large Cap ETF

Active Equity · Fundstrat Capital · Inception 2024-11-07

$28.36−0.17 (−0.58%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Nov 7, 2024.
Intraday session: down, 59 prints from 28.52 to 28.36. Range 28.30 to 28.50. Use the arrow keys to read each point.$28.30$28.40$28.45$28.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$4.5B
1Y return
+12.9%
Yield · Last 12 months
Data unavailable
Holdings
42
Volume · 30D
1.5M sh
NAV per share
$27.89
52W range
low $23.07high $28.55

The ETF.net GRNY Grade

B

54/ 100

Rank 53 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for GRNY. Scores out of 100: Cost 39, Risk 20, Mission not scored, Tradability 96, Holdings 83, Durability 75. Strongest: Tradability (96). Weakest: Risk (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 39
    Category rank78/127 · 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.
    FScore 20
    Category rank115/126 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 96
    Category rank2/127 · top 2%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 83
    Category rank13/124 · top 10%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 75
    Category rank26/127 · top 20%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GRNY

ETF.net Research

BTom Lee's research desk in a ticker. A stock only gets in if it lines up with at least two of Fundstrat's seven long-run themes, then takes an equal slice of a roughly 40-name US large-cap book that is re-checked quarterly.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01One admission rule does the work: a name must sit inside at least two of Fundstrat's seven themes. Everything else stays out. Equal weights, quarterly rebalance, roughly 40 stocks.prnewswire.com
  2. 02Equal weighting kills mega-cap gravity. Every pick pulls the same oar, so the thematic calls actually show up in the portfolio instead of being swamped by the biggest names.prnewswire.com
  3. 03Trades like a veteran: a multi-billion-dollar asset base and steady volume put it among the easier active US equity ETFs to get in and out of.

Worth knowing

  1. 010.75% a year runs above the roughly 0.65% typical for active US equity funds and several times systematic peers like DFAU (0.12%) or AVLC (0.15%).
  2. 02Roughly 40 equal-weight names with heavy theme tilts is a concentrated book. It can behave very differently from the broad US large-cap market in either direction.prnewswire.com
  3. 03Young strategy, thin sample. Its live record is short next to peers with decades of data, and the mandate targets capital appreciation, with payouts only annual or semiannual.

GRNY Holdings

As of Sep 21, 2026, 4:15 AM
Asset class
Stocks
Holdings
42
Top-10 weight
27%
Largest holding
MSTR3.2%

Geography

  • United States97.62%
  • Ireland2.38%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSTRMicroStrategy Inc3.25%941,950$145M190
002HOODRobinhood Markets, Inc. Class A Common Stock2.90%1,081,122$130M331
003AMDAdvanced Micro Devices2.83%225,299$126M618
004INTCIntel Corp2.82%1,159,193$126M492
005DEDeere & Company2.67%174,206$119M348
006SPCXSpace Exploration Technologies Corp. Class A Common Stock2.66%776,846$119M268
007MUMicron Technology, Inc.2.56%112,335$114M655
008ANETArista Networks2.54%567,647$113M490
009AAPLApple Inc.2.49%330,451$111M707
010TSLATesla, Inc. Common Stock2.48%304,389$111M509
011NOWSERVICENOW, INC.2.48%816,912$111M426
012FCXFreeport-McMoran Inc.2.45%1,529,156$109M368
013ORCLOracle Corp2.42%732,789$108M448
014MSFTMicrosoft Corp2.40%217,227$107M792
015PLTRPalantir Technologies Inc. Class A Common Stock2.40%602,786$107M503

Showing 1–15 of 42 holdings

GRNY Performance

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

GRNY$11,285
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GRNY $11,285. SPY $11,723. Use the arrow keys to read each point.$8,958$10,464$11,969Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – 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 GRNY. Periods over one year show the average yearly return.
PeriodGRNY
Year to date+15.3%
1 month+2.6%
3 months+3.9%
1 year+12.9%
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 GRNY
YearReturn barGRNY
2026 YTD+15.3%
2025+24.0%
2024−1.1%

Since listing, Nov 7, 2024

GRNY in the news

GRNY 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
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Jun 29, 2026 $0.02. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jun 30, 2026$0.02

GRNY Risk

How much the fund’s monthly returns vary, scaled to a year.
18.1%
Annualised · 21 months to Aug 2026
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.
0.80
vs 3-month T-bills · 21 months to Aug 2026
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.
−24.2%
22 months · trough Apr 2025
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.
1.24
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.

GRNY Cost

Expense ratio0.75%
  • The middle half of US Active Equity funds
  • Median 0.70%

70 of the 124 US Active Equity funds charge less.

GRNY costs $75.00 a year on $10,000. The median US Active Equity fund costs $70.00.