Since its inception in 2024, the Granny Shots ETF is up 14.9% compared to the Nasdaq's 8.4% return at the time of writing.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

The S&P 500 and Nasdaq Composite were holding modest gains in afternoon trading, helped by shares of Google parent Alphabet Inc., which rallied 1.% on investor relief over its latest earnings report.

For the week, the Dow was little changed, the S&P 500 was down 0.2% and the Nasdaq was up 0.2%. Friday's volume was higher than the recent average.

S&P 500 and Nasdaq hit record highs, helped by Alphabet's results and raised spending plan. Dow falls. Earnings, trade deals, Fed's Powell in focus ...