A source of strength is that the firm has been skilled at retaining portfolio management talent, providing continuity for strategies, as shown by low turnover over the past five years compared with others in the industry. Graniteshares's risk-adjusted performance compares similarly to competitors. Across its open-end and exchange-traded funds, the firm’s average three-year Morningstar Rating is 3.3 stars, which is about standard. The longest-tenured managers’ average tenure is slim, two years, compared with peer firms. This contributes negatively to the rating as the current managers have limited experience running strategies at the firm.
For Most Investors, Single-Stock ETFs Are Best Left Alone
The newest shiny object in the ETF marketplace is one to avoid.