Family: | GraniteShares |
Name: | GraniteShares Nasdaq Select Disruptors ETF |
Inception Date: | 15-Aug-2023 |
Termination Date: | |
Investment Objective: | GraniteShares Nasdaq Select Disruptors ETF (DRUP) tracks the performance of the Nasdaq US Large Cap Select Disruptors Index before fees and expenses. DRUP aims to provide exposure to the most disruptive companies in the U.S. market. The Index is designed by Nasdaq Inc. to track the performance of large-cap, U.S.-listed companies, with high disruption scores. Companies are assigned a disruption score using a multifactor scoring model, which is based on multiple fundamental metrics such as patent value, revenue growth, research and development expenses, and gross margins. The index universe consists of all issuers from the Nasdaq US 500 Large Cap Index and the top 50 securities are selected for inclusion in the Index. The Index is a modified free-float market capitalization-weighted index to reduce excessive concentration. The Index is reconstituted semi-annually and rebalanced quarterly |
Prospectus | |
Top 10 Holdings | ||
Microsoft Corp. | MSFT | 9.6559% |
Meta Platforms, Inc. | META | 6.8924% |
Alphabet, Inc. | GOOGL | 6.3814% |
Salesforce, Inc. | CRM | 4.1868% |
Palantir Technologies, Inc. | PLTR | 4.0803% |
ServiceNow, Inc. | NOW | 3.4715% |
Intuitive Surgical, Inc. | ISRG | 2.8480% |
Adobe, Inc. | ADBE | 2.4869% |
Stryker Corp. | SYK | 2.4183% |
Palo Alto Networks, Inc. | PANW | 2.3989% |
Top 10 Holdings Weight: | 44.8% |
Number of Holdings: | 51 |
Shares Outstanding: | 1,050,000 |
Total Net Assets: | 62,134,800 |
NAV: | 59.17 |
Net Expense Ratio: | 0.60% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
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Strategy: | Multi-Factor Quant Model |
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Market Cap: | Large Cap |
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Is Currency Hedged: | No |
US or Ex-US: | Domestic |