Tom Lee considers adding sovereign security and Gen Z themes to Granny Shots ETF.

From CNBC: 2025-07-03 16:00:00

Tom Lee, known for bullish market forecasts, is considering adding sovereign security and Gen Z themes to his Fundstrat Granny Shots US Large Cap ETF. The ETF, inspired by Rick Barry’s free throw style, focuses on high-quality stocks fitting at least two of the seven long-term market themes.

Since its launch in November, the Granny Shots ETF has surpassed $1.3 billion in assets under management and is up 13% as of Thursday, outperforming the S&P 500 this year. Top holdings include Robinhood, Oracle, and AMD. Independent ETF expert Dave Nadig notes the rising popularity of ETFs with active management styles.

Read more: Basketball-inspired Granny Shots ETF may add two new themes: Tom Lee