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GraniteShares

XOUT

GraniteShares XOUT U.S. Large Cap ETF

Fund Objective

GraniteShares XOUT US Large Cap ETF tracks the performance of the XOUT US Large Cap Index before fees and expenses.

Note that the fund may become non-diversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index.

Key Features

Novel Strategy: XOUT provides exposure to a novel strategy that seeks to identify and then exclude companies that are likely to underperform.

Complement U.S. Large Cap Exposure: XOUT provides a diversified exposure to U.S. large cap stocks with outperformance potential.

Forward Looking Approach: XOUT doesn’t select companies based on their historical performances but instead aims to exclude companies that are not properly equipped to face long-term macro trends.

Consistent Approach: XOUT strategy is entirely rule-based to avoid any selection bias that can result from stock picking.

Key Facts

  Fact Sheet
  Prospectus
Ticker
XOUT
Index
XOUT U.S. Large Cap Index
Total Expense Ratio
0.60% per annum
Base Currency
USD
NAV as of Sep 25, 2020
$ 31.57
Premium / (Discount)15
-0.11%
30-Day Median bid/ask spread15
0.19 %
SEC 30-Day Yield 15
0.46 %
Distribution Fequency
QUARTERLY
CUSIP
38747R603
IOPV
XOUTIV
Exchange
NYSE Arca
Inception Date
Oct 07, 2019
Granite Shares
1
Exclude Companies Likely to Underperform
XOUT flips the investment paradigm. Instead of trying to pick potential winners, it excludes stocks vulnerable to secular decline.
Address Technology Disruption
Companies face continuous threat from technology innovation and need to react quickly to survive. XOUT strategy specifically aims to exclude companies that are the least prepared to react to disruption.
Intuitive and Transparent Approach
Though novel, the strategy is institutive as it tries to identify and exclude the weakest companies. The process uses 7 quantitative factors that focus on the ability of firms to grow, invest and generate profits.
Data as of June 30, 2020
All data on total return basis 15 1 Month 3 Months YTD 1 Year 15 3 Year 15 Since
Inception 15
XOUT Market Price Return 15 15 2.82% 24.24% 3.83% - - 15.58%
XOUT NAV Return 15 15 3.15% 24.15% 3.98% - - 16.25%
Benchmark Return (XOUT U.S. Large Cap Index) 15 15 3.20% 24.43% 4.37% 16.91% - 16.84%

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.

For the fund’s most recent month end performance, please call 1(844) 476-8747

Fund Sector Breakdown

as of July 16, 2020
INFORMATION TECHNOLOGY 36.14%
HEALTHCARE 18.46%
CONSUMER DISCRETIONARY 16.66%
COMMUNICATION SERVICES 12.78%
FINANCIALS 5.03%
INDUSTRIALS 4.81%
CONSUMER STAPLES 4.47%
MATERIALS 0.70%
ENERGY 0.57%
REAL ESTATE 0.24%
CASH 0.14%

Sector breakdowns are subject to change

Top 10 Fund Exposures

as of July 16, 2020
APPLE INC 8.45%
AMAZON.COM INC 8.14%
MICROSOFT CORP 7.97%
ALPHABET INC-CL A 5.28%
FACEBOOK INC 3.48%
JOHNSON & JOHNSON 1.89%
WALMART INC 1.86%
VISA INC-CLASS A SHARES 1.85%
TESLA INC 1.58%
MASTERCARD INC-CLASS A 1.46%

Fund exposures are subject to change

Distribution Calendar15

Fund Yield as of August 31,2020

SEC 30-Day Yield 15 0.46%
Distribution Rate15 0.54%
12 Month Distribution15 0.48%

Exclude Companies Likely to Underperform
XOUT flips the investment paradigm. Instead of trying to pick potential winners, it excludes stocks vulnerable to secular decline.
Address Technology Disruption
Companies face continuous threat from technology innovation and need to react quickly to survive. XOUT strategy specifically aims to exclude companies that are the least prepared to react to disruption.
Intuitive and Transparent Approach
Though novel, the strategy is institutive as it tries to identify and exclude the weakest companies. The process uses 7 quantitative factors that focus on the ability of firms to grow, invest and generate profits.

Data as of June 30, 2020
All data on total return basis 15 1 Month 3 Months YTD 1 Year 15 3 Year 15 Since
Inception 15
XOUT Market Price Return 15 15 2.82% 24.24% 3.83% - - 15.58%
XOUT NAV Return 15 15 3.15% 24.15% 3.98% - - 16.25%
Benchmark Return (XOUT U.S. Large Cap Index) 15 15 3.20% 24.43% 4.37% 16.91% - 16.84%

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.

For the fund’s most recent month end performance, please call 1(844) 476-8747

Fund Sector Breakdown

as of Jul 16, 2020
INFORMATION TECHNOLOGY 36.14%
HEALTHCARE 18.46%
CONSUMER DISCRETIONARY 16.66%
COMMUNICATION SERVICES 12.78%
CONSUMER STAPLES 4.47%
INDUSTRIALS 4.81%
FINANCIALS 5.03%
REAL ESTATE 0.24%
MATERIALS 0.70%
ENERGY 0.57%
CASH 0.14%

Sector breakdowns are subject to change

Top 10 Fund Exposures

as of July 16, 2020
APPLE INC 8.45%
AMAZON.COM INC 8.14%
MICROSOFT CORP 7.97%
ALPHABET INC-CL A 5.28%
FACEBOOK INC 3.48%
JOHNSON & JOHNSON 1.89%
WALMART INC 1.86%
VISA INC-CLASS A SHARES 1.85%
TESLA INC 1.58%
MASTERCARD INC-CLASS A 1.46%

Fund exposures are subject to change

Distribution Calendar15

Fund Yield as of August 31,2020

SEC 30-Day Yield 15 0.46%
Distribution Rate15 0.54%
12 Month Distribution15 0.48%

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