GRNY: You're Paying For Alpha, Getting Beta Fundstrat Granny Shots US Large Cap ETF (GRNY) is downg...

GRNY: You're Paying For Alpha, Getting Beta Fundstrat Granny Shots US Large Cap ETF (GRNY) is downgraded to Hold due to underwhelming alpha and risk-reward profile versus the S&P 500. GRNY's portfolio is diversified by stock but highly concentrated in AI capex and cyclical growth themes, amplifying beta and macro sensitivity. Despite a differentiated quant-fundamental methodology and even-weight allocation, GRNY's returns have lagged SPY, especially in recent rebounds.