DRUP Stock Summary and Trading Ideas (Graniteshares Nasdaq Select Disruptors ETF | ARCA:DRUP)

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

Graniteshares Nasdaq Select Disruptors ETF trades on the ARCA stock market under the symbol DRUP.

As of December 13, 2024, DRUP stock price was flat at $59.18 with 204 million shares trading.

DRUP has a market cap of $62.13 million. This is considered a Micro Cap stock.

DRUP has outperformed the market in the last year with a price return of +33.7% while the SPY ETF gained +31.7%. DRUP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.6% and +3.7%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

DRUP support price is $58.51 and resistance is $59.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DRUP shares will trade within this expected range on the day.