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GRNI Fundstrat Granny Shots US Large Cap & Income ETF

Option income on SPY, paying monthly

Since its launch on Nov 18, 2025, GRNI paid 7.8% in cash and still finished 2.6 points behind SPY.

Fundstrat · Income ETFs · data as of

Key facts

7.8%Cash paid, since launch, on its starting price
+14.1%Total return, since launch
−2.6 ptsAgainst SPY
10.1%Latest payout, annualized

Method

What a holder got

GRNI against SPYGRNI returned +14.1% with distributions reinvested against +16.8% for S&P 500 (SPY), a gap of −2.6 pts. Of that, 7.8% arrived as cash rather than price.+14.1%GRNI total return+16.8%S&P 500 (SPY)7.8% of it arrived as cash

Over the year to Sep 11, 2026, GRNI returned +14.1% with distributions reinvested and S&P 500 (SPY) returned +16.8%, so a holder came out behind it by 2.6 points. The lighter segment is the 7.8% that arrived as cash rather than as price.

Its ten largest equity positions

GRNI top ten by weight, 30.7% of its 40 equity positions, from the holdings filed for Apr 30, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
HoldingTickerWeight
Advanced Micro Devices IncAMD4.11%
Quanta Services IncPWR3.23%
GE Vernova IncGEV3.08%
Strategy IncMSTR3.04%
Amazon.com IncAMZN2.99%
Alphabet IncGOOGL2.96%
Broadcom IncAVGO2.90%
Arista Networks IncANET2.86%
Netflix IncNFLX2.79%
KLA CorpKLAC2.75%

Method

Period by period

GRNI over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months2.5%+0.5%+3.1%+3.3%−0.2 pts
6 months5.3%+9.0%+14.6%+16.0%−1.4 pts
Since launch7.8%+5.8%+14.1%+16.8%−2.6 pts

Method

When GRNI pays

GRNI pays monthly. The last distribution was $0.1766 a share, which went ex on Aug 28, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Sep 28, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for GRNI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 28, 2026Sep 30, 2026$0.1766ETFIQ projection from the fund’s own cadence
Oct 28, 2026Oct 30, 2026$0.1766ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for GRNI (9, most recent first)
Cash distributions per share for GRNI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 28, 2026$0.1766
Jul 30, 2026$0.1717
Jun 29, 2026$0.1731
May 28, 2026$0.177
Apr 29, 2026$0.1744
Mar 30, 2026$0.1596
Feb 26, 2026$0.1664
Jan 29, 2026$0.1742
Dec 22, 2025$0.1689

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Nov 18, 2025, GRNI has returned +14.1% with distributions reinvested, against +16.8% for S&P 500 (SPY), and has paid out 7.8% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 10.1%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

GRNI (Fundstrat Granny Shots US Large Cap & Income ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkS&P 500 (SPY)
Paysmonthly
Net assets (SEC filing, whole fund, as filed for Apr 30, 2026)$49m
Latest payout, annualized (ETFIQ)10.1%
Expense ratio (485BPOS XBRL, Nov 10, 2025)0.99%
Cash paid, last 12 months, over today’s price (ETFIQ)7.3%
LaunchedNov 18, 2025
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.1766 ex Aug 28, 2026
Sum of the last 9 distributions$1.5419

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has GRNI paid over the last year?
Over the period from its launch on Nov 18, 2025 to Sep 11, 2026, GRNI paid 7.8% of its starting price in cash distributions, while the price rose 5.8%.
Is GRNI ahead of SPY?
Over the period from its launch on Nov 18, 2025 to Sep 11, 2026, with every distribution reinvested, GRNI returned +14.1% against +16.8% for S&P 500 (SPY), so a holder was behind it by 2.6 points.
How often does GRNI pay, and how much?
GRNI pays monthly. The latest distribution annualizes to 10.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does GRNI next pay a distribution?
GRNI pays monthly. The last distribution went ex on Aug 28, 2026 at $0.1766 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Sep 28, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does GRNI cost?
The prospectus expense ratio is 0.99% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

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GRNI payout bar, ETFIQ

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Where GRNI is written about

GRNI, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Open GRNI live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, GRNI, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/grni Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources