Fundstrat Capital Expands "Granny Shots" ETF Lineup with Two New Funds

Fundstrat Capital has announced the expansion of its "Granny Shots" exchange-traded fund (ETF) lineup, introducing two new actively managed funds: the Fundstrat Granny Shots US Small- & Mid-Cap ETF ($GRNJ) and the Fundstrat Granny Shots US Large Cap & Income ETF ($GRNI). These new offerings began trading recently on NYSE Arca, building on the success of the firm's flagship Fundstrat Granny Shots US Large Cap ETF ($GRNY).

Thomas "Tom" Lee, Chief Investment Officer and Lead Portfolio Manager at Fundstrat Capital, stated, "We are pleased to grow the Granny family of ETFs, applying our research-intensive, thematic models to deliver two new products: an income-oriented ETF (Ticker: GRNI) and a small- and mid-cap 'SMID' ETF (Ticker: GRNJ)." The expansion aims to offer investors diversified exposure informed by Fundstrat's evidence-based research and macro themes.

The new $GRNJ fund is designed to seek long-term capital appreciation by investing in small- and mid-cap US equity securities. It applies Fundstrat's macro and thematic research with a quantitative screening process, identifying companies aligned with at least two key investment themes, and is designed to benchmark the Russell 2500. Meanwhile, $GRNI seeks to provide income and long-term capital appreciation by pairing the large-cap equity holdings of $GRNY with an actively managed options overlay.

This expansion follows the strong performance of the flagship $GRNY ETF, which surpassed $3.657 billion in assets under management as of November 14, 2025, since its debut in November 2024. The large-cap fund delivered 23.36% year-to-date performance compared with the S&P 500's 15.77% as of the same date, according to Fundstrat. The "Granny Shots" strategy, which refers to an unconventional yet fundamentally sound approach, integrates longer-term structural drivers with shorter-term tactical factors to guide stock selection.

John Bai, Co-Founder and Managing Partner at Fundstrat, noted that the ETFs are a natural extension of Fundstrat's mission to provide institutional research. He added that the new funds are "each designed to complement investors' large-cap exposure," translating the firm's research into well-constructed strategies. The strategy identifies companies aligning with at least two of Fundstrat's identified investment themes, which include millennials, global labor supply, energy, and cybersecurity.