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For investors like me who occasionally watch CNBC for information about specific stocks or just the general news of the day as it relates to markets, then you’ve likely seen Tom Lee. Lee is
GRNY: An Interesting Yet Unproven ETF
Summary
- Fundstrat Granny Shots US Large Cap ETF offers a thematic, well-researched ETF with focused criteria, requiring stocks to align with at least two long-term themes.
- I appreciate GRNY's emphasis on Millennials and Energy/Cybersecurity, positioning it for future growth trends like wealth transfer and green energy.
- Despite outperforming ARKK and QQQ year-to-date, GRNY's high expense ratio and limited history make me cautious about investing now.
- For 2025, I’m taking a wait-and-see approach, monitoring volatility and turnover before committing capital to this new ETF.
I'm a financial consultant and lifelong investor. I like to focus on long-term and am particularly fond of founder-led businesses with growth potential.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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