What's Happening?
Fundstrat Capital's Granny Shots U.S. Large-Cap ETF, known as GRNY, has reached over $3 billion in assets under management (AUM) as of October 2, 2025. This milestone comes less than a year after its inception in November 2024, marking it as one of the fastest-growing equity ETFs from a new issuer. The ETF has achieved a year-to-date performance of 26.54%, significantly outperforming the S&P 500 Total Return Index, which gained 15.30% in the same period. The fund focuses on high-quality stocks within the S&P 500, driven by thematic investment strategies such as global labor shortages, cyber and energy security, and monetary policy cycles.
Why It's Important?
The rapid growth and performance of the Granny Shots ETF highlight the increasing investor interest in thematic investment strategies. By outperforming the S&P 500, the ETF demonstrates the potential for thematic funds to deliver superior returns, attracting more investors seeking diversification and exposure to emerging trends. This success underscores the importance of innovative investment approaches in the current market environment, where traditional assets face challenges due to economic uncertainties and shifting global dynamics.
What's Next?
Fundstrat Capital plans to continue leveraging its research-driven framework to identify and invest in high-quality stocks aligned with key thematic arcs. As the ETF grows, it may attract more institutional and retail investors, potentially influencing the broader ETF market. The fund's performance could prompt other asset managers to explore thematic strategies, further diversifying investment options available to investors.
Beyond the Headlines
The success of the Granny Shots ETF reflects a broader shift towards thematic investing, which considers long-term societal and economic trends. This approach may lead to more sustainable investment practices, as funds focus on sectors poised for growth due to structural changes. Additionally, the emphasis on themes like cyber security and energy security highlights the increasing importance of these areas in shaping future economic landscapes.
