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Trending ETFs

Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$51.44

$57.4 M

0.00%

0.60%

Vitals

YTD Return

12.1%

1 yr return

37.6%

3 Yr Avg Return

10.8%

5 Yr Avg Return

N/A

Net Assets

$57.4 M

Holdings in Top 10

42.3%

52 WEEK LOW AND HIGH

$51.0
$36.75
$51.44

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$51.44

$57.4 M

0.00%

0.60%

DRUP - Profile

Distributions

  • YTD Total Return 12.1%
  • 3 Yr Annualized Total Return 10.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    GraniteShares Nasdaq Select Disruptors ETF
  • Fund Family Name
    GraniteShares ETF Trust
  • Inception Date
    Oct 04, 2019
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets (exclusive of collateral held from securities lending) in the securities included in the Index. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of any collateral received).

The Index. The Index is designed by Nasdaq Inc. (the “Index Provider”) to track the performance of large-cap, U.S.-listed companies, with high disruption scores. Companies are assigned a disruption score using a multifactor scoring model, which is based on multiple fundamental metrics such as patent value, revenue growth, research and development expenses, and gross margins. The index universe consists of all issuers from the Nasdaq US 500 Large Cap Index and the top 50 securities are selected for inclusion in the Index. The Index is a modified free-float market capitalization-weighted index to reduce excessive concentration. The Index is reconstituted semi-annually and rebalanced quarterly.

Investment Approach and Strategies. Given the Fund’s investment objective of attempting to track the Index, the Fund does not follow traditional methods of active management, which may involve buying and selling securities based upon analysis of economic and market factors. Rather, the Adviser employs a “passive management” – or indexing – investment approach to seek to achieve the Fund’s investment objective.

The Fund generally will use a “replication” strategy to seek to achieve its investment objective, meaning it generally will invest in the Index components in approximately the same weighting that such components have within the Index at the applicable time. However, under various circumstances, it may not be possible or practicable to purchase all of the securities in the Index in the approximate Index weight. Some examples include if and when a stock becomes illiquid and is therefore difficult to trade, the price of a stock becomes extremely high or a stock is subject to a market disruption event. In these circumstances, the Fund may use a “representative sampling” strategy, meaning it may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics as the Index.

The Adviser expects that, over time, the correlation between the Fund’s performance and that of the Index, before fees and expenses, will be 95% or better. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Index than if it uses a representative sampling strategy.

Futures, Options on Futures and Securities Options. Futures contracts, options on futures and securities options may be used by the Fund to simulate investment in its Index, to facilitate trading or to reduce transaction costs. The Fund may enter into futures contracts and options on futures that are traded on a U.S. or non-U.S. futures exchange. The Fund will not use futures, options on futures or securities options for speculative purposes.

The Fund intends to be diversified in approximately the same proportion as the Index is diversified. The Fund may become “non-diversified,” as defined under the Investment Company Act of 1940, as amended (the “1940 Act”), solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index. Shareholder approval will not be sought if the Fund becomes non-diversified due solely to a change in the relative market capitalization or index weighting of one or more constituents of the Index.

Concentration Policy. The Fund may concentrate its investments (i.e., invest more than 25% of the value of its total assets) in securities of issuers in any one industry or group of industries to the extent that the Index is so concentrated. The degree to which components of the Index represent certain sectors or industries may change over time.

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DRUP - Performance

Return Ranking - Trailing

Period DRUP Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% N/A N/A N/A
1 Yr 37.6% N/A N/A N/A
3 Yr 10.8%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period DRUP Return Category Return Low Category Return High Rank in Category (%)
2023 41.7% N/A N/A N/A
2022 -28.5% N/A N/A N/A
2021 25.7% N/A N/A N/A
2020 27.8% N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period DRUP Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% N/A N/A N/A
1 Yr 37.6% N/A N/A N/A
3 Yr 10.8%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period DRUP Return Category Return Low Category Return High Rank in Category (%)
2023 42.3% N/A N/A N/A
2022 -28.2% N/A N/A N/A
2021 26.1% N/A N/A N/A
2020 28.7% N/A N/A N/A
2019 N/A N/A N/A N/A

DRUP - Holdings

Concentration Analysis

DRUP Category Low Category High DRUP % Rank
Net Assets 57.4 M N/A N/A N/A
Number of Holdings 50 N/A N/A N/A
Net Assets in Top 10 22.3 M N/A N/A N/A
Weighting of Top 10 42.27% N/A N/A N/A

Top 10 Holdings

  1. MSFT 9.24%
  2. GOOGL 5.52%
  3. META 5.32%
  4. AVGO 4.20%
  5. JNJ 3.71%
  6. CRM 3.25%
  7. ADBE 3.13%
  8. QCOM 2.67%
  9. DHR 2.62%
  10. TXN 2.61%

Asset Allocation

Weighting Return Low Return High DRUP % Rank
Stocks
99.88% N/A N/A N/A
Cash
0.12% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High DRUP % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High DRUP % Rank
US
99.88% N/A N/A N/A
Non US
0.00% N/A N/A N/A

DRUP - Expenses

Operational Fees

DRUP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% N/A N/A N/A
Management Fee 0.60% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

DRUP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

DRUP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DRUP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

DRUP - Distributions

Dividend Yield Analysis

DRUP Category Low Category High DRUP % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

DRUP Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

DRUP Category Low Category High DRUP % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

DRUP Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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DRUP - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A