Fundstrat ETFs Outperformed Major Indices Last Week

The GRNY ETF edged past the flat S&P 500 last week as specific stocks like MicroStrategy and Robinhood boosted performance.

Updated on Sept. 22, 2026 in Investing

Isometric editorial illustration of a large industrial shipping container crane, representing market infrastructure and asset movement. — The GRNY ETF outperformed the S&P 500 last week, supported by gains in stocks like MicroStrategy and Robinhood following recent economic adjustments. AI Illustration. Upload story photo >

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The GRNY ETF rose 0.35% over the past week, outpacing the S&P 500, which remained flat during the same period. MicroStrategy and Robinhood were among the top five performers within the fund.

Why it matters

Investors often monitor these performance shifts to gauge how specific assets respond to broader economic moves, such as the interest rate hike implemented by the Federal Reserve in September. This recent rate move created financial sector weakness that left some stocks oversold, according to market analyst Tom Lee.

The GRNY ETF gained 0.35% last week, while the GRNJ ETF fell 0.57% against a 1.39% decline in the Russell 2500. Year-to-date, the GRNY is up 12.77% and the GRNJ is up 13.5%.

The players

Tom Lee

A market analyst and head of research who provides guidance on ETF performance and market trends.

Federal Reserve

The central banking system of the United States that manages interest rates affecting market conditions and borrowing costs.

MicroStrategy

A publicly traded company that was among the top five performers in the GRNY ETF last week.

Robinhood

A financial services company whose stock ranked among the top five performers in the GRNY ETF last week.

Riot Platforms

A company that ranked among the top five performers in the GRNJ ETF over the past week.

The details

The recent performance was highlighted by Tom Lee, who noted that stocks like MicroStrategy, Robinhood, and Riot Platforms were among the top performers in their respective funds. Following the September interest rate hike, market conditions shifted, leaving certain financial assets oversold. Tom Lee has indicated that this current setup could favor a potential market rebound.

September 2026 saw the Federal Reserve implement an interest rate hike.
Last week, MSTR, HOOD, and RIOT showed top performance in their respective funds.
Tuesday, Tom Lee provided a weekly update on market performance.
Year-to-date metrics reflect performance comparisons through the current period.

Money Landscape

This performance data follows the September 2026 Federal Reserve interest rate hike, which introduced volatility across financial sectors. The shift reflects a wider trend where investors are recalibrating portfolios to address stocks left oversold by recent policy changes.

Recent market volatility following interest rate changes serves as a reminder to review your investment risk tolerance with a financial professional. Focus on your long-term asset allocation rather than reacting to week-to-week fluctuations in specific fund performers.

The takeaway

Market performance can fluctuate significantly following major policy shifts, making a disciplined investment strategy essential. Keep a close watch on how your own holdings are positioned relative to your long-term goals and consider discussing any major changes with a financial professional.