The XOUT investment philosophy: Instead of focusing on picking winners, identify which stocks to eliminate or “XOUT". The Top stocks eliminated from the XOUT index are Visa (V), JPMorgan Chase (JPM), and Bank of America (BAC). Overall the GraniteShares XOUT U.S. Large Cap ETF (XOUT) is up 20% in 2021. Tesla (TSLA) is back, however, as the company has significantly improved its results as reported in its recent quarterly financial statements.
