GRNI: FUNDSTRAT GRANNY SHOTS US LARGE CAP & INCOME ETF
What this ETF is trying to do
The Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) is designed to provide investors with exposure to large US companies while also focusing on generating income. It holds a variety of stocks to balance these two goals.
What the numbers show
As of October 9, 2026, the share price of GRNI was $21.29.
Looking at the performance so far this year (Year-to-Date), there are two different numbers to consider:
• Price Return: The share price has increased by approximately 4.98%. This measures only the change in the stock price.
• Total Return: The total return is approximately 13.22%. This is a broader measure that includes both the price change and the distributions paid out to investors.
Income and distribution explanation
This ETF pays out cash to investors, which is known as a distribution. It usually does this monthly and has made 10 payouts over the last 12 months.
The distribution yield is approximately 8.08%. This percentage shows how much cash the ETF has distributed relative to its price. It is important for beginners to know that a high distribution yield alone can be misleading; it does not guarantee that the overall investment is growing or that the original money invested is safe.
Top Holdings
The ETF holds 133 different assets. Because the list is partial, we only see the Top Holdings. As of October 4, 2026, the largest holdings included:
• Strategy Inc Class A: 2.82%
• ServiceNow Inc: 2.70%
• Robinhood Markets Inc Class A: 2.63%
• Cadence Design Systems Inc: 2.56%
• Tesla Inc: 2.54%
• Freeport-McMoRan Inc: 2.52%
• Arista Networks Inc: 2.51%
• Deere & Co: 2.49%
• Microsoft Corp: 2.49%
• Oracle Corp: 2.49%
These holdings can change over time.
NAV Erosion Explanation
"NAV erosion" happens when the net asset value (the actual value of the fund's holdings) declines over time. Income investors care about this because if the share price drops too much, the cash payments might not make up for the loss in the original investment.
For GRNI, the severe erosion-risk flag is false. However, a specific erosion score was not provided because there is not enough verified price history.
Pros
• Income Generation: The ETF provides regular monthly cash distributions.
• Positive YTD Growth: Both the price return and total return have been positive so far this year.
Cons
• Limited History: There is not enough price history to provide a verified erosion-risk score.
• Income Grade: The fund has an income rating grade of "F."
Beginner takeaway
GRNI is an ETF that combines large-company stocks with a focus on monthly income. While it has shown positive total returns so far this year, investors should remember that a high distribution yield is different from a total return. Always look at both the share price and the distributions to understand how an investment is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | STRATEGY INC CLASS A | MSTR | 2.82% |
| 2 | SERVICENOW INC | NOW | 2.70% |
| 3 | ROBINHOOD MARKETS INC CLASS A | HOOD | 2.63% |
| 4 | CADENCE DESIGN SYSTEMS INC | CDNS | 2.56% |
| 5 | n/a | SPCX | 2.56% |
| 6 | TESLA INC | TSLA | 2.54% |
| 7 | FREEPORT-MCMORAN INC | FCX | 2.52% |
| 8 | n/a | PLTR | 2.52% |
| 9 | ARISTA NETWORKS INC | ANET | 2.51% |
| 10 | DEERE & CO | DE | 2.49% |