Fundstrat Granny Shots US Small- & Mid-Cap ETF

GRNJ

Active Equity ETF

Price

$29.44

NAV

29.42

Expense Ratio

0.75%

Total Assets

$491M

As of September 30, 2026

Top Holdings

Vicor Corp (VICR)
Bloom Energy Corporation (BE)
FormFactor Inc. (FORM)
Natera, Inc. Common Stock (NTRA)
Precigen, Inc. Common Stock (PGEN)
Pure Storage, Inc. Class A (P)

Overview

Fund Investment Process

The Fundstrat Granny Shots US Small- & Mid- Cap ETF (NYSE: GRNJ) investment process selects a portfolio of small- & mid-cap stocks aligned with key themes identified by the Portfolio Managers. This approach integrates a top-down fundamental research methodology with a quantitative, bottom-up stock selection strategy. Stocks that align with at least two of the identified themes are included in the Fund, with positions equal-weighted and rebalanced quarterly.

GRNJ Holdings by Theme

Shorter-Term Themes (6 - 12 Months)
Style Tilt
36

Stocks in
Theme

36

Stocks in GRNJ

Seasonality
14

Stocks in
Theme

14

Stocks in GRNJ

PMI Recovery
21

Stocks in
Theme

21

Stocks in GRNJ

Longer-Term Themes (3 - 5 Years)
Energy/ Cyber Security
15

Stocks in
Theme

15

Stocks in GRNJ

Millennials
12

Stocks in
Theme

12

Stocks in GRNJ

Global Labor Suppliers
27

Stocks in
Theme

27

Stocks in GRNJ

Easing Financial Conditions
14

Stocks in
Theme

14

Stocks in GRNJ

GRNJ Holdings

4 Themes

SN

3 Themes

BE

CRS

ENS

EXEL

FN

IONQ

NXT

PATH

RIOT

SANM

TTMI

VICR

ZM

2 Themes

ALB

ALLY

ALNT

AMKR

AVAV

BWXT

CCJ

CFR

CRDO

CW

DINO

DKS

DTM

DY

ECHO

EWBC

FIX

FORM

FSLR

GLXY

HALO

HII

IESC

KTOS

LITE

LSCC

MDB

MKSI

MLI

MOD

MP

NBIS

NTRA

NVT

P

PGEN

RDDT

RGLD

RKLB

RMBS

SGI

SOFI

STRL

TLN

VMI

WAL

WTS

ZETA

As of October 1, 2026

Style Tilt
Seasonality
PMI Recovery
Energy/ Cyber Security
Millennials
Global Labor Suppliers
Easing Financial Conditions

Key Information

Key Information

Inception Date 11/18/25
Total Expense Ratio
0.75%
Total Assets $491M
NAV 29.42
Fact Sheet Download

Trading Details

As of September 30, 2026
Ticker GRNJ
CUSIP 45259A258
ISIN US45259A2583
Primary Exchange NYSE Arca
Number of Holdings 62

GRNJ Holdings

VICR · Vicor Corp

Current Price $316 (9.37%)

BE · Bloom Energy Corporation

Current Price $275 (-0.74%)

FORM · FormFactor Inc.

Current Price $146 (-2.50%)

NTRA · Natera, Inc. Common Stock

Current Price $414 (0.17%)

PGEN · Precigen, Inc. Common Stock

Current Price $8.31 (-2.98%)

P · Pure Storage, Inc. Class A

Current Price $134 (2.33%)

RMBS · Rambus Inc

Current Price $107 (-0.23%)

ALNT · Allient Inc. Common Stock

Current Price $116 (3.86%)

DINO · HF Sinclair Corporation

Current Price $111 (3.62%)

ZETA · Zeta Global Holdings Corp.

Current Price $32 (1.63%)

Holdings as of October 1, 2026

Prices as of October 1, 2026 1:15 PM EDT

Holdings are subject to change without notice.

NAV Historical Change

Net Asset Value (NAV): Historical Performance

This interactive chart showcases the historical changes in NAV, providing a transparent view of the fund's performance over time.

Current NAV: 29.42

Daily NAV And Market Price
NAV 29.42
NAV Change 0.02%
Median 30 Day Spread (%) 0.10%
Market Price $29.44
Market Price Change 0.00%

As of September 30, 2026

Performance

As of August 31, 2026
Performance 1 Month Quarter (Q2 2026) YTD 1 Year Since Inception
ETF - Market 2.70% 25.71% 13.35% N/A 19.82%
ETF - NAV 2.68% 25.74% 13.47% N/A 19.89%
Russel 2500 1.14% 20.26% 20.88% N/A 28.10%

Returns for periods shorter than one year are cumulative. Returns for one year and longer are annualized. Performance reflects the most recently completed reporting period.

Expense Ratio: 0.75%

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. View standardized performance at https://grannyshots.com

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns.

Premium/Discount

NAV Market Price NAV Change ($) Premium/Discount
29.42 $29.44 0.01 0.07%
Current Premium/Discount

0.07%

As of September 30, 2026

Select time period
Historical Data
Greatest Premium: 0% (2/10/2024)
Greatest Discount: 0% (2/10/2024)
NAV And Market Price (Number of Days at)
Premium: 0
NAV: 0
Discount: 0
Days Within Percent Of NAV
Percent of Days + 0.5% of NAV: 0%
Number of Days + 0.5% of NAV: 0

Media

How to Buy

*Fundstrat Capital LLC is not affiliated with the financial services firms listed above. The listing and order of listing should not be viewed as a recommendation or endorsement. It does not represent a complete list and Fundstrat Capital ETFs may be available on additional advisory, wirehouse, or brokerage platforms.

Disclosures

BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM https://grannyshots.com. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.

FOR A COMPLETE LIST OF HOLDINGS GO TO https://grannyshots.com. HOLDINGS ARE SUBJECT TO CHANGE WITHOUT NOTICE.

The principal risks of investing in the Fund are summarized below. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund. Some or all of these risks may adversely affect the Fund's net asset value per share ("NAV"), trading price, yield, total return, and/or ability to meet its investment objective. For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Additional Information About the Fund-Principal Risks of Investing in the Fund."

Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers.

Models and Data Risk. The composition of the Fund's portfolio is heavily dependent on investment models developed by the Sub-Adviser as well as information and data supplied by third parties ("Models and Data"). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund's portfolio that would have been excluded or included had the Models and Data been correct and complete.

Operational Risk. The Fund is subject to risks arising from various operational factors, including, but not limited to, human error, processing and communication errors,errors of the Fund's service providers, counter parties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund relies on third-parties for a range of services, including custody.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

GRNJ specific risk: Mid-Capitalization Investing. The securities of mid-capitalization companies may be more vulnerable to adverse issuer, market, political, or economic developments than securities of large-capitalization companies. The securities of mid-capitalization companies generally trade in lower volumes and are subject to greater and more unpredictable price changes than large-capitalization stocks or the stock market as a whole.
Small-Capitalization Investing. Small-cap companies may be less stable and more susceptible to market changes, with their securities being more volatile and less liquid.

Foreside Fund Services, LLC distributor.