
Tidal Trust III - Fundstrat Granny Shots US Large Cap ETF
$28.22−0.10 (−0.35%)
- 0.75%
- $4.6B
- +14.7%
- 1.4M sh
- $28.44
- low $23.07high $28.88
The ETF.net GRNY Grade
Score 54 out of 100
- 53 of 127
Score 54 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.C40 out of 100Rank 73 of 127Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F23 out of 100Rank 111 of 126Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A90 out of 100Rank 2 of 127Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 15 of 124Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 27 of 127
Our read on GRNY
CTom 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.
The Fund seeks long-term capital appreciation.
Why people hold it
- One 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
- Equal 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
- Trades 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
- 0.75% 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%).
- Roughly 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
- Young 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
- Stocks
- 42
- 27%
- MSTR
Geography
- United States97.64%
- Ireland2.36%
GRNY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 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.
| Period | GRNY |
|---|---|
| Year to date | +14.5% |
| 1 month | +2.0% |
| 3 months | +1.8% |
| 1 year | +14.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GRNY |
|---|---|---|
| 2026 YTD | +14.5% | |
| 2025 | +24.0% | |
| 2024 | −1.1% |
GRNY in the news
GRNY Dividends
- $0.02 per share
- Quarterly
Distribution data unavailable.
Distribution history
GRNY Risk
- 17.7%
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.
- 0.78
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.
- −24.2%
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.
- 1.23
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
- The middle half of US Active Equity funds
- Median 0.70%
70 of the 123 US Active Equity funds charge less.
Other funds in US Active Equity
- BESNEssential 40 Stock ETFExpense ratio 0.95%1 year return +22.6%
- BXLSRState Street US Sector Rotation ETFExpense ratio 0.70%1 year return +15.6%
- CLDRXSGI Enhanced Market Leaders ETFExpense ratio 0.50%1 year return +20.0%
- CPEXLPacer US Export Leaders ETFExpense ratio 0.60%1 year return +33.5%
- CSECTMain Sector Rotation ETFExpense ratio 0.69%1 year return +18.7%




