GRNJ targets small and mid-cap stocks using Fundstrat's 'Granny Shot' methodology — a systematic approach that prioritizes consistent, high-probability wins over home runs. Think boring companies with predictable cash flows rather than the next big growth story.
How It Works
The fund screens for companies with steady fundamentals, low volatility, and consistent profitability metrics — essentially the investment equivalent of Rick Barry's unglamorous but effective underhand free throws. Holdings are weighted by a combination of quality scores and market cap, with quarterly rebalancing to maintain exposure to the steadiest performers in the small/mid-cap universe.
Key Features
- Focuses on 'boring is beautiful' small/mid-caps with consistent earnings and low drama
- Fundstrat's proprietary screening for quality over growth in overlooked market segments
- Brand new launch with zero expense ratio suggests promotional pricing period
Risks
- Zero AUM after a month suggests either poor timing or lack of investor interest — liquidity could be terrible
- Small/mid-cap quality stocks can underperform for years when growth is in favor
- Fundstrat's track record with ETF methodology is unproven — this is their guinea pig
Who Should Own This
Built for investors who want small/mid-cap exposure but hate the volatility — think dentists and engineers who check their accounts quarterly, not daily. Works as a core holding replacement for someone who finds typical small-cap funds too erratic but still wants exposure beyond large-caps.