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Critical Facts You Need to Know About Preferred Stocks
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GraniteShares ETF Trust - GraniteShares XOUT U.S. Large Cap ETF
ETF
XOUT
Payout Change
Pending
Price as of:
$40.11
+0.45
+1.13%
primary theme
N/A
XOUT (ETF)
GraniteShares ETF Trust - GraniteShares XOUT U.S. Large Cap ETF
Payout Change
Pending
Price as of:
$40.11
+0.45
+1.13%
primary theme
N/A
XOUT (ETF)
GraniteShares ETF Trust - GraniteShares XOUT U.S. Large Cap ETF
Payout Change
Pending
Price as of:
$40.11
+0.45
+1.13%
primary theme
N/A
Name
As of 08/14/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$40.11
$74.6 M
0.79%
$0.32
-
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$74.6 M
Holdings in Top 10
40.4%
52 WEEK LOW AND HIGH
$39.7
$31.78
$41.36
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 39.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 08/14/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$40.11
$74.6 M
0.79%
$0.32
-
XOUT - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.43%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGraniteShares ETF Trust - GraniteShares XOUT U.S. Large Cap ETF
-
Fund Family NameGraniteShares ETF Trust
-
Inception DateOct 07, 2019
-
Shares Outstanding2750000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeff Klearman
Fund Description
XOUT - Performance
Return Ranking - Trailing
| Period | XOUT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -72.2% | 44.2% | 45.33% |
| 1 Yr | N/A | -85.9% | 53.2% | 38.50% |
| 3 Yr | N/A* | -50.5% | 11.5% | 3.23% |
| 5 Yr | N/A* | -33.6% | 19.6% | 63.93% |
| 10 Yr | N/A* | -16.2% | 17.8% | 79.62% |
* Annualized
Return Ranking - Calendar
| Period | XOUT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -28.5% | -85.9% | 4.7% | 23.20% |
| 2022 | 25.7% | -68.3% | 60.5% | 5.22% |
| 2021 | 27.8% | -34.3% | 145.0% | 43.52% |
| 2020 | N/A | -21.8% | 49.4% | N/A |
| 2019 | N/A | -57.9% | 10.6% | N/A |
Total Return Ranking - Trailing
| Period | XOUT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -72.2% | 44.2% | 42.33% |
| 1 Yr | N/A | -73.8% | 56.7% | 70.83% |
| 3 Yr | N/A* | -36.2% | 25.6% | 20.84% |
| 5 Yr | N/A* | -20.0% | 23.1% | N/A |
| 10 Yr | N/A* | -3.0% | 19.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | XOUT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -28.2% | -66.1% | 5.6% | 33.36% |
| 2022 | 26.1% | -68.3% | 118.1% | 23.12% |
| 2021 | 28.7% | 2.8% | 151.8% | 75.60% |
| 2020 | N/A | -5.2% | 49.4% | N/A |
| 2019 | N/A | -21.9% | 17.0% | N/A |
XOUT - Holdings
Concentration Analysis
| XOUT | Category Low | Category High | XOUT % Rank | |
|---|---|---|---|---|
| Net Assets | 74.6 M | 207 K | 139 B | 88.50% |
| Number of Holdings | 252 | 2 | 3509 | 7.94% |
| Net Assets in Top 10 | 42.2 M | -1.37 M | 104 B | 87.56% |
| Weighting of Top 10 | 40.37% | 11.4% | 100.0% | 80.80% |
Top 10 Holdings
- Apple Inc 8.55%
- Microsoft Corp 7.41%
- Amazon.com Inc 6.53%
- Alphabet Inc A 5.61%
- Facebook Inc A 2.94%
- Tesla Inc 2.85%
- Johnson & Johnson 1.85%
- Visa Inc Class A 1.79%
- Walmart Inc 1.66%
- JPMorgan Chase & Co 1.66%
Asset Allocation
| Weighting | Return Low | Return High | XOUT % Rank | |
|---|---|---|---|---|
| Stocks | 99.88% | 50.26% | 104.50% | 6.55% |
| Cash | 0.12% | -10.83% | 49.73% | 86.01% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 39.12% |
| Other | 0.00% | -2.66% | 17.15% | 46.48% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 29.26% |
| Bonds | 0.00% | -1.84% | 25.77% | 33.88% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XOUT % Rank | |
|---|---|---|---|---|
| Technology | 35.13% | 0.00% | 65.70% | 52.54% |
| Healthcare | 17.25% | 0.00% | 39.76% | 15.74% |
| Consumer Cyclical | 15.37% | 0.00% | 62.57% | 53.28% |
| Communication Services | 12.43% | 0.00% | 66.40% | 29.75% |
| Financial Services | 9.59% | 0.00% | 43.06% | 46.72% |
| Consumer Defense | 5.67% | 0.00% | 25.50% | 19.84% |
| Industrials | 3.33% | 0.00% | 30.65% | 79.75% |
| Basic Materials | 0.64% | 0.00% | 18.91% | 65.57% |
| Real Estate | 0.37% | 0.00% | 16.05% | 59.43% |
| Energy | 0.22% | 0.00% | 41.09% | 52.70% |
| Utilities | 0.00% | 0.00% | 16.07% | 50.25% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XOUT % Rank | |
|---|---|---|---|---|
| US | 99.56% | 34.69% | 100.00% | 12.85% |
| Non US | 0.32% | 0.00% | 54.22% | 36.33% |
XOUT - Expenses
Operational Fees
| XOUT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | N/A | 0.01% | 20.29% | 80.20% |
| Management Fee | 0.60% | 0.00% | 1.50% | 43.88% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
| XOUT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| XOUT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XOUT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 39.00% | 0.00% | 316.74% | 57.50% |
XOUT - Distributions
Dividend Yield Analysis
| XOUT | Category Low | Category High | XOUT % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.79% | 0.00% | 5.52% | 5.87% |
Dividend Distribution Analysis
| XOUT | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| XOUT | Category Low | Category High | XOUT % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.43% | -6.13% | 1.75% | 8.12% |
Capital Gain Distribution Analysis
| XOUT | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 30, 2023 | $0.080 | OrdinaryDividend |
| Mar 31, 2023 | $0.062 | OrdinaryDividend |
| Dec 30, 2022 | $0.037 | OrdinaryDividend |
| Sep 30, 2022 | $0.050 | OrdinaryDividend |
| Jun 30, 2022 | $0.042 | OrdinaryDividend |
| Mar 31, 2022 | $0.038 | OrdinaryDividend |
| Jan 03, 2022 | $0.035 | OrdinaryDividend |
| Sep 17, 2021 | $0.025 | OrdinaryDividend |
| Jun 18, 2021 | $0.026 | OrdinaryDividend |
| Mar 19, 2021 | $0.039 | OrdinaryDividend |
| Jan 04, 2021 | $0.047 | OrdinaryDividend |
| Sep 18, 2020 | $0.035 | OrdinaryDividend |
| Jun 19, 2020 | $0.046 | OrdinaryDividend |
| Mar 20, 2020 | $0.064 | OrdinaryDividend |
XOUT - Fund Manager Analysis
Managers
Jeff Klearman
Start Date
Tenure
Tenure Rank
Oct 07, 2019
2.65
2.7%
Jeff Klearman has been Portfolio Manager at GraniteShares since 2017. Mr. Klearman has many years experience working as a trader, structurer, marketer and researcher. Most recently, Mr. Klearman was the Chief Investment Officer for Rich Investment Services, a company which created, listed and managed ETFs. Prior to Rich Investment Services, Mr. Klearman headed the New York Commodities Structuring desk at Deutsche Bank AG. From 2004 to 2007, Mr. Klearman headed the marketing and structuring effort for rates based structured products at BNP Paribas in New York. Mr. Klearman worked at AIG Financial Products from 1994 to 2004 trading rates-based volatility products as well as marketing and structuring. Mr. Klearman received his MBA in Finance from NYU Stern School of Business and his Bachelors of Science in Chemical Engineering from Purdue University.
Benoit Autier
Start Date
Tenure
Tenure Rank
Oct 07, 2019
2.65
2.7%
Mr. Autier started his career in 1999 at KPMG Audit in Paris before moving in 2003 to Ricol & Lasteyrie (member of the E&Y Corporate Finance network). He joined ETF Securities in 2005, where he worked for over 10 years in London and New York. While at ETF Securities, Mr. Autier was Head of Product Management, overseeing the operation of more than 300 exchange-traded products. Between 2015 and 2016, Mr. Autier worked at the World Gold Council in New York. Mr. Autier received a Master in Finance from the London Business School in 2005.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.16 | 2.92 |
