CGMM vs. GRNJ

Last updated Jun 4, 2026

CGMM (Capital Group U.S. Small and Mid Cap ETF) and GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) are both Mid Cap Blend Equities funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. CGMM charges 0.51%/yr vs 0.75%/yr for GRNJ.

Performance

CGMM vs. GRNJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group U.S. Small and Mid Cap ETF (CGMM) and Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGMM achieves a 10.58% return, which is significantly lower than GRNJ's 26.11% return.

CGMM

• 1D: -0.62%
• 1M: 1.79%
• YTD: 10.58%
• 6M: 11.78%
• 1Y: 23.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRNJ

• 1D: -1.17%
• 1M: 8.92%
• YTD: 26.11%
• 6M: 25.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGMM vs. GRNJ - Yearly Performance Comparison

	2026 (YTD)	2025
CGMM Capital Group U.S. Small and Mid Cap ETF	10.58%	6.37%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	26.11%	5.14%

Correlation

The correlation between CGMM and GRNJ is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.82

Return for Risk

CGMM vs. GRNJ — Risk / Return Rank

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

CGMM

CGMM Risk / Return Rank: 45
CGMM Sharpe Ratio Rank: 42
CGMM Sortino Ratio Rank: 43
CGMM Omega Ratio Rank: 39
CGMM Calmar Ratio Rank: 47
CGMM Martin Ratio Rank: 52

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.

CGMM vs. GRNJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group U.S. Small and Mid Cap ETF (CGMM) and Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). 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.

	CGMM	GRNJ	Difference
Sharpe ratio: Return per unit of total volatility	1.49	—	—
Sortino ratio: Return per unit of downside risk	2.18	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.33	—	—
Martin ratio: Return relative to average drawdown	8.94	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CGMM	GRNJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	2.35	-1.53

Drawdowns

CGMM vs. GRNJ - Drawdown Comparison

The maximum CGMM drawdown since its inception was -21.04%, which is greater than GRNJ's maximum drawdown of -17.32%. Use the drawdown chart below to compare losses from any high point for CGMM and GRNJ.

Drawdown Indicators

	CGMM	GRNJ	Difference
Max Drawdown Largest peak-to-trough decline	-21.04%	-17.32%	-3.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	—	—
Current Drawdown Current decline from peak	-0.62%	-1.17%	+0.55%
Average Drawdown Average peak-to-trough decline	-3.25%	-4.13%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	—	—

Volatility

Volatility by Period

	CGMM	GRNJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.80%	29.93%	-14.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	29.93%	-9.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.29%	29.93%	-9.64%

CGMM vs. GRNJ - Expense Ratio Comparison

CGMM has a 0.51% expense ratio, which is lower than GRNJ's 0.75% expense ratio.

Dividends

CGMM vs. GRNJ - Dividend Comparison

CGMM's dividend yield for the trailing twelve months is around 0.36%, while GRNJ has not paid dividends to shareholders.

Position	TTM	2025
CGMM Capital Group U.S. Small and Mid Cap ETF	0.36%	0.40%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGMM and GRNJ in my portfolio?

CGMM and GRNJ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGMM or GRNJ?

On fees, CGMM is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGMM or GRNJ?

CGMM is cheaper with a 0.51% expense ratio, compared with 0.75% for GRNJ.

Which ETF pays a higher dividend yield, CGMM or GRNJ?

CGMM has the higher dividend yield at 0.36%, compared with 0.00% for GRNJ.

What is the main difference between CGMM and GRNJ?

They also come from different issuers: Capital Group and Fundstrat. Their fees differ too: 0.51% for CGMM and 0.75% for GRNJ.