What does GraniteShares XOUT U.S. Large Cap ETF do?
GraniteShares XOUT U.S. Large Cap ETF (NYSEARCA:XOUT) focuses on investing in U.S. large cap companies, employing a unique strategy of excluding, or "XOUTing," companies that potentially face risks of being negatively affected by technological advancements, changes in consumer behavior, or economic downturns. By analyzing various data points, the ETF aims to identify and invest in companies positioned for growth while avoiding those predicted to underperform. Their objective is to provide investors with a differentiated approach to traditional large cap investing, focusing on long-term capital appreciation. Through this approach, GraniteShares XOUT U.S. Large Cap ETF seeks to offer investors a path to potentially higher returns by strategically omitting companies facing obsolescence or decline.