Tidal Trust III - Fundstrat Granny Shots US Large Cap ETF (GRNY)
/C O R R E C T I O N -- Fundstrat Capital/
/C O R R E C T I O N -- Fundstrat Capital/ PR Newswire NEW YORK, June 3, 2026 In the
Tom Lee’s ‘Granny Shots’ ETF Is Beating the S&P Again, and He’s Calling for 8,000
Tom Lee's thematic ETF has quietly doubled its assets in a year while chasing an audacious S&P 500 target, but two variables could unwind the whole trade before year-end.
GRNY: Tom Lee Shakes Up Fundstrat's Flagship Fund
Fundstrat Granny Shots US Large Cap ETF earns a reiterated "Buy" rating, outperforming the S&P 500 by 2.5 percentage points since July 2025. GRNY's portfolio is now more balanced, reducing tech exposure below 30% and increasing cyclicals, positioning for a market rally broadening. The ETF's weighted-average long-term EPS growth rate is nearly 14%, with a mid-20s P/E multiple, reflecting a premium to the S&P 500.
Tom Lee's Fundstrat Capital Brings Granny Shots Strategy to European Investors with GRNY UCITS Launch on London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra
Fundstrat Granny Shots US Large Cap UCITS ETF (Ticker: GRNY) begins trading May 22, 2026, in partnership with HANetf. The UCITS launch builds on the success of Fundstrat's flagship ETF, the Fundstrat Granny Shots US Large Cap ETF (NYSE Arca: GRNY), one of the fastest-growing actively managed large-cap equity ETFs in U.S. history.
GRNY: Making Appropriate Moves Thus Far In 2026
The Fundstrat Granny Shots US Large Cap ETF (GRNY) has outperformed peers in early 2026 by dynamically reallocating toward energy and diversifying sector exposure. GRNY's strategy blends short-term macro themes with long-term secular trends, requiring holdings to fit at least two thematic criteria for inclusion. Recent portfolio shifts reduced tech concentration, increased energy allocation to 8%, and expanded sector coverage to ten, reflecting responsive management.
GRNY: Risk Remains Elevated For Tom Lee's $4B Granny Shots ETF
The Fundstrat Granny Shots US Large Cap ETF is a thematic ETF managed by Tom Lee, a well-known market strategist and founder of Fundstrat Capital. Its expense ratio is 0.75%, and the fund has $4B in assets. GRNY holds stocks based on specific themes, including short-term ones like Style Tilt and Seasonality and longer-term ones like Energy and Cyber Security and Millennials. This update highlights GRNY's continued appeal from a GARP perspective, given its 19.89x forward P/E ratio and 17.62% next year portfolio EPS growth rate.
2 New Granny Shots ETFs Worth Checking Out
Star strategist Tom Lee from Fundstrat landed a slam dunk with his Fundstrat Granny Shots US Large Cap ETF (NYSEARCA:GRNY) just over a year ago. In the past year, shares have gained just north of 26%, topping the performance of the S&P 500 by more than 10%. Undoubtedly, that's a hot start to year one,... 2 New Granny Shots ETFs Worth Checking Out.
Tom Lee's Granny Shots ETF Hits $4 Billion, Why It's One Of 2026's Fastest-Growing Active ETFs
Tom Lee's Granny Shots ETF crosses $4 billion in assets, highlighting the rapid rise of active equity ETFs and strong investor demand in 2026.
Tom Lee's Granny Shots ETFs Post Accelerated Growth with Flagship GRNY Surpassing $4 Billion in Assets as GRNI and GRNJ Gain Early Momentum
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.
GRNY: Bullish Heading In 2026 As AI Boom Continues (Rating Upgrade)
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: The Hidden GARP Growth Divide You Might Be Missing
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.
Tom Lee's Fundstrat Granny Shots US Large Cap ETF (NYSE: GRNY) Celebrates One-Year Anniversary -- Surpasses $3.65 Billion AUM, Up 30.12% YTD, and Ranks in the Top 1% on Morningstar
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.
GRNY: At 65x P/E This ETF Looks Like A Ticking Time Bomb
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: Tom Lee's $3B Granny Shots ETF Hitting Nothing But Net - For Now
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.
Tom Lee's Fundstrat Granny Shots ETF Surpasses $3 Billion AUM, One of the Fastest-Growing Equity ETFs, Up 26.54% and Outperforming the S&P 500 by 1,124 Basis Points Year-to-Date
NEW YORK , Oct. 6, 2025 /PRNewswire/ -- Fundstrat Capital's Granny Shots U.S. Large-Cap ETF (NYSE: GRNY) has surpassed $3 billion in assets under management (AUM), topping this milestone on Oct. 2, 2025, less than a year after its November 2024 inception. With this accomplishment, GRNY extends its status as one of the fastest growing ETFs in history from a new issuer.1 As of market close on Oct. 2, 2025, Fundstrat's actively managed ETF was up 26.54% year-to-date, compared with a 15.30% gain in the benchmark S&P 500 Total Return Index — an outperformance of 1,124 basis points.
Why I'd Buy GRNY Over the SPY
Fundstrat's Tom Lee has been a notable pundit in this wildly bullish stock market.
GRNY: The Only Active ETF I'm Buying Right Now
GRNY delivers a high-conviction, actively managed ETF built on 7 macro themes, outperforming major passive peers since its late 2024 launch. The fund's strategy blends top-down and bottom-up analysis, targeting large-cap U.S. stocks aligned with short- and long-term economic drivers. While GRNY trades at a premium and carries concentration risk, its thematic approach and active management justify the higher expense ratio for me.
GRNY or QQQ: Which ETF Is a Slam Dunk for Investors?
Granny Shots seems to be a rather unusual name for an ETF, at least in my view. Undoubtedly, if you’re not a basketball fan, you probably have no idea what the name of the ETF entails. In basketball, a granny shot is just an underhand free throw. If you tune into any NBA game, you’ll probably never see it being performed — not because it isn’t effective, but because it simply does not look “sexy” compared to the overhead free throw. But in the world of investing, sexy isn’t always the answer. So let’s take a loot at two ETFs that are on opposite ends of that spectrum. --> --> Key Points The Granny Shots ETF could have a better shooting record than the QQQ. Fans of Tom Lee should check out what’s underneath the hood as they look for greater diversification and potentially less downside risk in an AI bubble burst. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor) --> --> What Is the Granny Shots ETF? As the name suggests, you’ll look like a granny taking a free throw. And while it’s hard not to giggle when someone throws a granny shot, it is, surprisingly, very effective, if not better than the way just about everyone shoots free throws. NBA legend Rick Barry scored a 89% free-throw rate, thanks in part to his granny shots. These are profoundly impressive stats that I think should convince just about everyone throwing granny shots. Fundstrat’s head of research, Tom Lee, is a man who’s looking to follow the granny shot-style in the investment world. Indeed, his Fundstrat Granny Shots US Large Cap ETF (NYSEARCA:GRNY) looks to make the basket at all costs, regardless of how “unsexy” a shot (or stock pick) may seem on the surface. If you’ve tuned into CNBC, you’ve probably seen Tom Lee as a guest on a couple of occasions. He’s made several well-timed market calls over the years and his track record of calls, I think, warrants giving his Granny Shots ETF a closer look. Underneath the hood, you’ll see many intriguing large-cap tech stocks that have done a lot of heavy lifting for the market averages. And while Tom Lee’s thematic approach to stock selection could give the S&P 500 and Nasdaq 100 a good run for their money, I do think prospective investors should dig into the holdings first. Let’s do just that, and I’ll chime in on whether I think Granny Shots has what it takes to be a slam dunk for investors or if it’s just better to stick with the tech-heavy, growth-focused Invesco QQQ Trust (NASDAQ:QQQ). Granny Shots US Large Cap ETF has a lot over the QQQ Granny Shots has been a slam dunk for Tom Lee thus far, bringing in more than $2 billion in its first nine months on the market. And while the methodology is intriguing, the ETF needs more than just a few months (or even years) to prove itself as a better bet than something like the QQQ. Indeed, I’m a big fan of Tom Lee, as are many investors out there who have witnessed the man make the right calls at the right time. But that alone isn’t enough to justify the 0.75% adjusted expense ratio, which is quite pricier than an indexing solution such as the QQQ. So, what goes in the Granny Shots ETF? First up, I have to remark on how well-diversified the ETF is, especially against the Nasdaq 100, which as you’re probably aware by now has too much weighting towards NVIDIA (NASDAQ:NVDA). With Granny Shots, no company has a weighting of more than 3% of the total portfolio, ensuring a good amount of diversification across the 40 or so hand-picked names. What’s in the GRNY ETF? Indeed, a big chunk (around 38%) of the portfolio is in tech stocks. Tom Lee, who’s a massive bull, has had big things to say about the AI revolution, after all. Additionally, there’s an 18% allocation in financials and industrials, providing far more sector diversification than even the S&P 500. American Express (NYSE:AXP), which fits many themes that Lee and his team look for, is one of the larger holdings at the time of writing, as is Alphabet (NASDAQ:GOOG) and a number of Magnificent Seven stocks. What you won’t find, however, is NVIDIA, which I think sets GRNY apart from the Nasdaq 100, especially if an AI bubble bursts. Though there is a lot of tech in the GRNY, it’s mature tech with modest valuations and limited semiconductor exposure. I expect that would prevent the fund from getting crushed in an AI-led correction. So, in short, I like what I see in GRNY and think it’s a better bet than the QQQ. Perhaps it’s better to shoot underhand with the ETF rather than indexing like so many investors are doing these days. The post GRNY or QQQ: Which ETF Is a Slam Dunk for Investors? appeared first on 24/7 Wall St..
Would Granny Shots (GRNY) ETF Work For Retirement?
One of the benefits of fintech apps and the appeal to Gen-Z and trading on sites like RobinHood is a greater awareness and urgency from the younger generation on the subject of retirement.
Unconventional Granny Shots ETF GRNY Sees $2b In Inflows
Tommy Lee is notorious for his hedonistic lifestyle, his leaked X-rated video with ex-wife starlet Pamela Anderson, and his manic drumming with the iconic heavy metal band, Mötley Crüe, which legitimized its style of music with multi-platinum record sales and sold out concerts around the globe.