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GRNY
CNBC
25 days

Tom Lee's Granny Shots ETF is crushing the market and raking in cash

1. GRNY reached $1.5 billion AUM in just eight months after launch. 2. The fund outperformed MSCI USA Large Cap Index, returning 13.7% since inception. 3. Performance ranks in the top three percent of nearly 1,400 funds this year. 4. Investors are making regular purchases, indicating strong ongoing interest in GRNY. 5. Thematic stock selection provides a disciplined process to maximize consistent results.

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FAQ

Why Very Bullish?

GRNY's rapid growth and outperforming metrics indicate strong future prospects. Historical successes with similar funds show a correlation with rising investor interest and market performance.

How important is it?

The article highlights GRNY's rapid growth and success metric, key for attracting future investments.

Why Long Term?

Sustained performance and thematic strategies suggest GRNY will maintain investor interest over time, akin to successful ETFs like QQQ and SPY that have consistently outperformed their benchmarks.

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