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Launched

Tidal Trust III - Fundstrat Granny Shots US Large Cap ETF

GRNYNYSE ArcaC

$28.22−0.10 (−0.35%)

At close: Oct 13, 2026, 4:00 PM

C54/ 100

Rank 53 of 127 in US Active Equity

C54/100Rank 53 of 127inUS Active Equity
Intraday session: down, 79 prints from 28.32 to 28.22. Range 28.07 to 28.30. Use the arrow keys to read each point.28.0528.1028.1528.2510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$4.6B
1Y total return
+14.7%
Yield · Last 12 months
Data unavailable
Holdings
42
Avg volume · 30D
1.4M sh
NAV per share
$28.44
52W range
low $23.07high $28.88
Launched

The ETF.net GRNY Grade

Based on 5 of 6 pillars

C

Score 54 out of 100

Category
US Active Equity⁠
Rank
53 of 127
Six-pillar profile for GRNY. Scores out of 100: Cost 40, Risk 23, Mission not scored, Tradability 90, Holdings 83, Durability 75. Strongest: Tradability (90). Weakest: Risk (23). Based on 5 of 6 pillars.

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 100
    Rank 73 of 127

  • 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.
    F23 out of 100
    Rank 111 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A90 out of 100
    Rank 2 of 127

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A83 out of 100
    Rank 15 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A75 out of 100
    Rank 27 of 127

Our read on GRNY

ETF.net Research

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.

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 Oct 12, 2026
Asset class
Stocks
Holdings
42
Top-10 weight
27%
Largest holding
MSTR3.2%

Geography

  • United States97.64%
  • Ireland2.36%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSTRMicroStrategy Inc3.19%946,914$146M197
002AMDAdvanced Micro Devices3.01%226,489$138M635
003SPCXSpace Exploration Technologies Corp. Class A Common Stock2.77%780,960$127M287
004PLTRPalantir Technologies Inc. Class A Common Stock2.77%605,948$127M525
005ANETArista Networks2.70%570,639$124M509
006INTCIntel Corp2.67%1,165,313$122M511
007VSTVistra Corp.2.63%746,873$121M345
008HOODRobinhood Markets, Inc. Class A Common Stock2.59%1,086,834$118M337
009CDNSCadence Design Systems2.59%335,491$118M430
010TSLATesla, Inc. Common Stock2.56%305,987$117M521
011MSFTMicrosoft Corp2.55%218,349$117M815
012MUMicron Technology, Inc.2.54%112,913$116M679
013NOWServicenow, Inc.2.53%821,230$116M432
014FCXFreeport-McMoran Inc.2.47%1,537,248$113M375
015PWRQuanta Services, Inc.2.45%158,831$112M363

Showing 1–15 of 42 holdings

GRNY Performance

Launched Nov 7, 2024

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.
GRNY$11,466
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. GRNY $11,466. SPY $12,044. Use the arrow keys to read each point.$9,307$10,785$12,263Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for GRNY. Periods over one year show the average yearly return.
PeriodGRNY
Year to date+14.5%
1 month+2.0%
3 months+1.8%
1 year+14.7%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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+14.5%
2025+24.0%
2024−1.1%

Since listing, Nov 7, 2024

GRNY in the news

Filtered to GRNY · US Active Equity

GRNY Dividends

Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 29, 2026 $0.02; Sep 29, 2026 $0.02. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.02
Jun 29, 2026Jun 30, 2026$0.02

GRNY Risk

How much the fund’s monthly returns vary, scaled to a year.
17.7%
Annualised · 22 months to Sep 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.
0.78
vs 3-month T-bills · 22 months to Sep 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%
23 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.
1.23
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 123 US Active Equity funds charge less.

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

Other funds in US Active Equity

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