GRNIFundstrat Granny Shots US Large Cap & Income ETF
Primarily seeks to provide current income, with a secondary objective of long-term capital appreciation.
By Fundstrat · Launched 2025
0.99%
#5,120 of 5,854 · expensive
$50M
#3,642 of 5,854 · mid-size
—
9 months
#4,873 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
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
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Primarily seeks to provide current income, with a secondary objective of long-term capital appreciation.
- Strategy
- Actively manages a portfolio of U.S. large capitalization equity securities to generate cash distributions through options strategies while seeking long-term capital appreciation. The Fund invests at least 80% of its net assets in large-cap U.S. companies, reallocating to equal weight quarterly.
- Inception date
- November 17, 2025
- Fund family
- Fundstrat
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
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 looked at GRNI. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-03