GRNIFundstrat Granny Shots US Large Cap & Income ETF
Primarily seeks to provide current income.
By Fundstrat · Launched 2025
0.01%
#133 of 5,562 · low cost
$50M
#3,584 of 5,562 · mid-size
—
7 months
#4,980 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 31.1% of fund✓ well diversified
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Primarily seeks to provide current income.
- Strategy
- Actively managed, the Fund generates cash distributions through options strategies and invests in U.S. large-cap equities for long-term appreciation. It employs covered call spreads and thematic stock selection based on macroeconomic trends.
- Inception date
- November 17, 2025
- Fund family
- Fundstrat
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've reviewed GRNI. Save it to your watchlist to track it alongside the other funds you're weighing.
Data updated on 2026-06-19