FundStrat Granny Shots US Large Cap ETF

GRNY

Market cap $4.04B

NEW YORK, Jan. 12, 2026 /PRNewswire/ -- Fundstrat Capital today announced another significant milestone for its flagship Fundstrat Granny Shots US Large Cap ETF (NYSE: GRNY), which has surpassed $4 billion in assets under management (AUM). The rapid growth solidifies GRNY's position as one of the fastest-growing actively managed equity ETFs in the market.1 "In just a little over one year since launch, GRNY gathered $4 billion in assets, a reflection of how our thematic-focused and understandable investment approach resonates with investors," said Thomas "Tom" Lee, Chief Investment Officer and Lead Portfolio Manager at Fundstrat Capital.

NEW YORK , Dec. 19, 2025 /PRNewswire/ -- Fundstrat Capital today announced the following monthly distribution for the Fundstrat Granny Shots US Large Cap & Income ETF (NYSE: GRNI). The Fundstrat Granny Shots US Large Cap & Income ETF (NYSE: GRNI) launched on November 18, 2025.

Fundstrat Granny Shots US Large Cap ETF (GRNY) delivers market-beating returns with a diversified, theme-driven approach focused on AI, energy, and fintech. GRNY's risk profile is lower than ARKK, with only 27% of assets in its top ten holdings and minimal turnover, supporting volatility tolerance. AI, energy infrastructure, and fintech exposure position GRNY for continued growth in 2026, leveraging secular trends in technology and blockchain.

GRNY is an actively managed large-cap growth fund using the thematic "granny shots" methodology developed by Tom Lee. Its expense ratio is 0.75% and the ETF has $3.8B in AUM. Securities are equal-weighted and changes occur on a monthly basis. GRNY was extremely successful out the gate, though some critics point to its high P/E as a reason to avoid. However, non-standard calculations of GRNY's P/E ratios have led to some confusion about how expensive it really is. A comprehensive analysis should also incorporate historical and future growth rates.

Bitcoin hit a so-called ‘death cross' this past weekend, after closing out a third consecutive week of losses on Friday. Fundstrat's Tom Lee sees the cryptocurrency hitting a record high before the end of 2025.

NEW YORK , Nov. 11, 2025 /PRNewswire/ -- Fundstrat Capital today announced that the Fundstrat Granny Shots US Small- & Mid-Cap ETF ("SMID Granny") (NYSE: GRNJ) and the Fundstrat Granny Shots US Large Cap & Income ETF ("Granny Income") (NYSE: GRNI) are expected to commence trading soon on NYSE Arca. These two new ETFs broaden and strengthen Fundstrat's Granny Shots ETF family, adding a SMID and an income-oriented product, providing investors with enhanced ways to invest in Fundstrat's thematic and super-cycle focused investment products.

NEW YORK , Nov. 7, 2025 /PRNewswire/ -- Fundstrat Capital today announced the one-year anniversary of its flagship exchange-traded fund, the Fundstrat Granny Shots US Large Cap ETF (NYSE: GRNY), marking a year of rapid asset growth, strong performance, and increasing investor engagement. Since launching on November 7, 2024, GRNY has quickly become one of the fastest-growing actively managed large-cap equity ETFs, surpassing $3.65 billion in assets under management (AUM) as of October 31, 2025, and ranking in the top 1% among Morningstar's Large Cap Blend funds based on year-to-date performance.

It's been a pretty good year to be an investor in the broad indices, with the popular Vanguard S&P 500 ETF (NYSEARCA:VOO) and Invesco QQQ Trust (NASDAQ:QQQ) both up by double-digits, with two and a half more months to go in the year.

The Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) trades at dangerously high valuation, with an average P/E of 65.12. Top holdings such as Tesla (256x), Robinhood (73x), and Palo Alo Networks (130x) highlight the ETFs extreme concentration in sentiment-driven, richly valued names. The valuation is higher than the Nikkei in 1989 and the Nifty Fifty in the early 1970s, both of which led to sharp long-term drawdowns.

GRNY's massive success continues. It's now crossed the $3B assets under management threshold and has gained 8.00% since my review two months ago. Tom Lee's thematic approach to stock selection provides investors with a completely different look at the U.S. growth space, which helps justify its hefty 0.75% expense ratio. This article highlights how "style tilt" is a prevalent theme, and my analysis strongly indicates momentum is a big part of the ETF's 27.55% total return since November 2024.