Graniteshares

Despite the negative rating, an area of strength of the firm is manager investment. Over 14% of the firm's assets are covered by invested managers, in an effort to align portfolio manager and shareholder interests. Only two years of average asset-weighted tenure among Graniteshares's longest-tenured managers gives us pause. In isolation, seasoned teams tend to have more experience to draw upon should they need to navigate turbulent market conditions. Graniteshares stands out in its commitment to investor values by offering its open-end and exchange-traded product lineup at a minimal cost. On average, fund fees at the firm are in the second-cheapest quintile compared with category peers.