Key stats
About GraniteShares Nasdaq Select Disruptors ETF
Expense ratio
0.60%
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Inception date
Oct 7, 2019
DRUP aims to provide exposure to large-cap U.S. listed stocks that exhibit strong disruptive potential and innovative capabilities. The fund follows a selection process that begins with the 500 largest US equities, evaluating them based on six fundamental criteria: patent value, Research & Development expenses, revenue growth, gross margin growth, average gross margin and gross margin Sharpe. The process then assigns a disruption score and the top 50 securities with the highest rankings are chosen. The funds holdings follow a modified free-float market capitalization weighting, capping individual securities at 10% and limiting those exceeding 4.75% to comprise less than 50% of the index. The index undergoes quarterly rebalancing and semi-annual reconstitution. Prior to August 15, 2023, the fund traded under the ticker XOUT, titled GraniteShares XOUT U.S. Large Cap ETF and tracked the XOUT U.S. Large Cap Index.
Classification
What's in the fund
Exposure type
Technology Services
Health Technology
Electronic Technology
Stock breakdown by region