- ISIN
- US92189H8620
- CUSIP
- 92189H862
- Issuer
- Fundstrat
- Inception Date
- Nov 17, 2025
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $461M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
GRNJ Performance Chart
Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) is up 25.4% since the beginning of the year. GRNJ is currently trading at $32 per share.
Loading charts...
Returns By Period
Fundstrat Granny Shots US Small- & Mid-Cap ETF
- 1D
- 0.60%
- 1M
- 4.23%
- YTD
- 25.40%
- 6M
- 20.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GRNJ Monthly Returns History
Based on dividend-adjusted daily data since Nov 18, 2025, GRNJ's average daily return is +0.21%, while the average monthly return is +3.87%. At this rate, an investment would double in approximately 1.5 years.
Historically, 63% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +17.0%, while the worst month was Mar 2026 at -7.9%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 1 months.
On a daily basis, GRNJ closed higher 62% of trading days. The best single day was Feb 6, 2026 with a return of +5.8%, while the worst single day was Jun 5, 2026 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.60% | 0.67% | -7.92% | 16.99% | 9.54% | -0.03% | 25.40% | ||||||
| 2025 | 7.15% | -1.06% | 6.02% |
Benchmark Metrics
Fundstrat Granny Shots US Small- & Mid-Cap ETF has an annualized alpha of 16.36%, beta of 1.89, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since November 18, 2025.
- This ETF captured 268.41% of S&P 500 Index gains and 112.75% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 16.36% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 1.89 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 16.36%
- Beta
- 1.89
- R²
- 0.70
- Upside Capture
- 268.41%
- Downside Capture
- 112.75%
Expense Ratio
GRNJ has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GRNJ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fundstrat Granny Shots US Small- & Mid-Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fundstrat Granny Shots US Small- & Mid-Cap ETF was 17.32%, occurring on Mar 30, 2026. Recovery took 14 trading sessions.
The current Fundstrat Granny Shots US Small- & Mid-Cap ETF drawdown is 1.72%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -17.32%Mar 2026 | 2mo 9d | 21d | 3moJan 2026 - Apr 2026 |
2026 pullback2026 | -8.53%Jun 2026 | 7d | — | 20d 4hJun 2026 - now |
2025 pullback2025 | -8.21%Dec 2025 | 5d | 20d | 25dDec 2025 - Jan 2026 |
2026 pullback2026 | -6.49%May 2026 | 4d | 7d | 11dMay 2026 - May 2026 |
2025 pullback2025 | -4.48%Nov 2025 | 0s | 4d | 4dNov 2025 - Nov 2025 |
Drawdown Indicators
| GRNJ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.32% | -56.78% | +39.46% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.72% | -1.80% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -10.71% | +6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with GRNJ
Add Fundstrat Granny Shots US Small- & Mid-Cap ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with GRNJ