GRNY

FundStrat Granny Shots US Large Cap ETF

$24.64
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The FundStrat Granny Shots US Large Cap ETF (GRNY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the US large-cap equity market.

Overview

ETF tracking FundStrat Granny Shots US Large Cap ETF

Category Large Cap
Issuer Other
Inception Date 2024-11-07
Market Cap $2.8B
Average Volume N/A
Dividend Yield N/A
52-Week Range $16.15 - $26.23
VWAP $24.66

Performance

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Investment Summary

📎 Investment Objective

The FundStrat Granny Shots US Large Cap ETF (GRNY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the US large-cap equity market.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the US large-cap equity market. It invests primarily in a representative sample of securities included in the relevant benchmark index.

✨ Key Features

  • Broad exposure to the US large-cap equity market
  • Passively managed to track a benchmark index
  • Low expense ratio of 0.00%
  • Suitable for long-term, buy-and-hold investors

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Tracking error risk: The ETF may not perfectly track its benchmark index
  • Concentration risk: The ETF's performance may be more volatile due to its focus on the large-cap segment
  • Liquidity risk: The ETF may experience lower trading volumes, making it harder to buy or sell shares

👤 Best For

The FundStrat Granny Shots US Large Cap ETF is best suited for long-term, buy-and-hold investors seeking broad exposure to the US large-cap equity market. It may be appropriate as a core holding in a diversified portfolio.