AOTG vs. GRNY

Last updated Jun 6, 2026

AOTG (AOT Growth and Innovation ETF) and GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) are both exchange-traded funds - AOTG is a Technology Equities fund actively managed by AOT, while GRNY is a Large Cap Blend Equities fund actively managed by Tidal ETFs. Both are actively managed. Over the past year, AOTG returned 31.28% vs 27.55% for GRNY. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

AOTG vs. GRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AOT Growth and Innovation ETF (AOTG) and Fundstrat Granny Shots U.S. Large Cap ETF (GRNY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AOTG achieves a 9.10% return, which is significantly higher than GRNY's 8.64% return.

AOTG

• 1D: -6.07%
• 1M: 1.92%
• YTD: 9.10%
• 6M: 7.90%
• 1Y: 31.28%
• 3Y*: 25.52%
• 5Y*: —
• 10Y*: —

GRNY

• 1D: -3.10%
• 1M: -0.74%
• YTD: 8.64%
• 6M: 7.00%
• 1Y: 27.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AOTG vs. GRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AOTG AOT Growth and Innovation ETF	9.10%	25.26%	-0.87%
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	8.64%	24.05%	-1.09%

Correlation

The correlation between AOTG and GRNY is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Nov 8, 2024	0.88

The correlation between AOTG and GRNY has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

Return for Risk

AOTG vs. GRNY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AOTG

AOTG Risk / Return Rank: 33
AOTG Sharpe Ratio Rank: 37
AOTG Sortino Ratio Rank: 34
AOTG Omega Ratio Rank: 36
AOTG Calmar Ratio Rank: 29
AOTG Martin Ratio Rank: 29

GRNY

GRNY Risk / Return Rank: 45
GRNY Sharpe Ratio Rank: 46
GRNY Sortino Ratio Rank: 43
GRNY Omega Ratio Rank: 42
GRNY Calmar Ratio Rank: 49
GRNY Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AOTG vs. GRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AOT Growth and Innovation ETF (AOTG) and Fundstrat Granny Shots U.S. Large Cap ETF (GRNY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AOTG	GRNY	Difference
Sharpe ratio: Return per unit of total volatility	1.27	1.55	-0.28
Sortino ratio: Return per unit of downside risk	1.74	2.09	-0.36
Omega ratio: Gain probability vs. loss probability	1.23	1.26	-0.03
Calmar ratio: Return relative to maximum drawdown	1.38	2.38	-1.00
Martin ratio: Return relative to average drawdown	3.95	7.26	-3.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AOTG vs. GRNY - Sharpe Ratio Comparison

The current AOTG Sharpe Ratio is 1.27, which is comparable to the GRNY Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of AOTG and GRNY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AOTG	GRNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	1.55	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.87	+0.01

Drawdowns

AOTG vs. GRNY - Drawdown Comparison

The maximum AOTG drawdown since its inception was -31.63%, which is greater than GRNY's maximum drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for AOTG and GRNY.

Drawdown Indicators

	AOTG	GRNY	Difference
Max Drawdown Largest peak-to-trough decline	-31.63%	-24.18%	-7.45%
Max Drawdown (1Y) Largest decline over 1 year	-22.85%	-11.63%	-11.22%
Max Drawdown (3Y) Largest decline over 3 years	-27.41%	—	—
Current Drawdown Current decline from peak	-8.71%	-3.10%	-5.61%
Average Drawdown Average peak-to-trough decline	-7.89%	-4.01%	-3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.94%	3.80%	+4.14%

Volatility

AOTG vs. GRNY - Volatility Comparison

AOT Growth and Innovation ETF (AOTG) has a higher volatility of 9.55% compared to Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) at 5.26%. This indicates that AOTG's price experiences larger fluctuations and is considered to be riskier than GRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AOTG	GRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.55%	5.26%	+4.29%
Volatility (6M) Calculated over the trailing 6-month period	19.81%	13.08%	+6.73%
Volatility (1Y) Calculated over the trailing 1-year period	24.69%	17.87%	+6.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.41%	23.28%	+6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.41%	23.28%	+6.13%

AOTG vs. GRNY - Expense Ratio Comparison

Both AOTG and GRNY have an expense ratio of 0.75%.

Dividends

AOTG vs. GRNY - Dividend Comparison

Neither AOTG nor GRNY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AOTG and GRNY in my portfolio?

AOTG and GRNY have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AOTG or GRNY?

AOTG has higher volatility (9.55%) compared to GRNY (5.26%). In terms of maximum drawdown, AOTG dropped -31.63% vs GRNY's -24.18%.

Which ETF is better, AOTG or GRNY?

On 1-year performance, AOTG leads with 31.28% vs 27.55% for GRNY. Both ETFs have the same 0.75% expense ratio. On volatility, GRNY has been the lower-risk option at 5.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AOTG or GRNY?

Over the 1-year period, AOTG has performed better with a 31.28% return vs 27.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AOTG or GRNY?

AOTG and GRNY have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AOTG or GRNY?

AOTG and GRNY have nearly identical dividend yields, around 0.00%.

What is the main difference between AOTG and GRNY?

AOTG is categorized as Technology Equities, while GRNY is Large Cap Blend Equities. They also come from different issuers: AOT and Tidal ETFs.

Which has better risk-adjusted returns?

GRNY currently has the higher Sharpe Ratio (1.55 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.