GRNJ ETF — Fundstrat Granny Shots US Small- & Mid-Cap ETF

Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ)

Updated October 16, 2026.

GRNJ is an ETF. its expense ratio is 0.75%. Total return is 10.0% over the past 0.9 years, 6.9 points behind SPY at 16.9%.

Fundstrat Granny Shots US Small- & Mid-Cap ETF is an actively-managed ETF that invests at least eighty percent of its assets in small- and mid-capitalization U.S. equity securities. The fund carries an expense ratio of 0.75% and does not currently distribute to shareholders. This ETF may appeal to investors seeking growth exposure through small- and mid-cap U.S. equities rather than income generation.

GRNJ performance versus SPY

Price and return data through 2026-10-16.

Total return is 10.0% over the past 0.9 years, 6.9 points behind SPY at 16.9%. Its deepest 1-year drawdown was 18.0%.

GRNJ key facts

Issuer

Fundstrat

Asset type

ETF

Asset class

Equity

Inception date

11/17/2025

Expense ratio

0.75%

Distribution frequency

None

Last close

$26.72 (as of 2026-10-16)

AUM

$489,496,455

Average volume

92621.0

Beta

1.8969

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fundstrat; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GRNJ risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.0%.

Who may consider GRNJ — and who may not

It is a weaker fit for investors who need monthly cash flow (GRNJ does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GRNJ

• All tickers starting with G

Tagged: Mid Cap.

Frequently asked questions

More securities from Fundstrat.