GraniteShares Nasdaq Select Disruptors ETF

GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an index fund. It holds the 50 large US companies that score highest on Nasdaq’s ‘disruption’ model, which looks at patent value, revenue growth, research spending and gross margins. As of June 30, 2026, its largest holdings were Microsoft, Alphabet, Meta and Eli Lilly. It costs 0.60% a year, above the 0.54% average for similar funds, and it paid no dividends in the year to October 27, 2026.

• Over the year to Oct 27, 2026, DRUP returned +5.1%, 4th of 9 among similar funds.
• Its worst full calendar year was 2025 (+18.2%); its best was 2024 (+23.1%).
• The deepest fall in its price history was 23.8% (Feb 10, 2025 to Apr 8, 2025), recovered by Jun 25, 2025.

No distribution history is available for this fund.

As of Jun 30, 2026, the fund held 50 securities; the ten largest made up 48.94% of assets.

By sector

• Over the three months to Jun 30, 2026, investors withdrew a net $3.3M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +5.11%, +13.41%, -4.93%.

DRUP tracks the Nasdaq US Large Cap Select Disruptors Index, which Nasdaq Inc. designs. The index starts with the companies in the Nasdaq US 500 Large Cap Index. It gives each one a ‘disruption score’ from a model that uses business measures such as patent value, revenue growth, research and development spending, and gross margins. The 50 companies with the highest scores go into the index.

Holdings are weighted by modified free-float market value. Free float means the shares the public can actually trade. Bigger companies get bigger weights, with limits to stop any one stock from dominating. The index chooses new members twice a year and resets weights every quarter. As of June 30, 2026, Microsoft was 8.6% of the fund, Alphabet 8.3% and Meta 6.1%, and the top 10 holdings made up 48.9%. Portfolio turnover, the share of holdings replaced over a year, was 47%.

The fund is passive. It must keep at least 80% of its assets in index stocks and usually buys every stock at roughly its index weight. If a stock is hard to trade, it may hold a representative sample instead. It may use futures and options to mirror the index or keep trading costs down, but not to speculate. It may lend up to one-third of its assets to other firms for a fee. It uses no leverage or option-income strategy. It also won’t sell a struggling company unless the index drops it.

• DRUP charges 0.6% a year, versus an average of 0.54% for the similar funds below (7th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $61 in the first year and $750 over 10 years (assuming a 5% annual return).

DRUP is a concentrated, tech-heavy stock fund that pays no income, so it fits as a small add-on to a broader core holding rather than as the core itself.

DRUP could add a tilt toward large, research-heavy technology and health care companies beside a core fund. Its market price data starts in August 2023, so it doesn’t cover the 2008, 2020 or 2022 slumps. The prospectus does show a 20.28% loss in the quarter ended March 31, 2022. The fund’s deepest drop in the price data was 23.8%, from February 10 to April 8, 2025. It recovered by June 25, 2025, about 2.6 months later. Both full calendar years shown were gains, and the weaker one was 18.2% in 2025.

Anyone forced to sell during a drop like that would lock in losses. The fund paid no income in the year to October 27, 2026. It costs 0.60% a year, or $61 over one year on $10,000 under the SEC’s standard example. Past results don’t predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.