DRUP vs. GRNY

Last updated Jun 4, 2026

DRUP (GraniteShares Nasdaq Select Disruptors ETF) and GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) are both exchange-traded funds - DRUP is a Large Cap Growth Equities fund tracking the Nasdaq US Large Cap Select Disruptors Index - Benchmark TR Gross, while GRNY is a Large Cap Blend Equities fund actively managed by Tidal ETFs. DRUP is passively managed, while GRNY is actively managed. Over the past year, DRUP returned 8.51% vs 29.75% for GRNY. A 0.77 correlation means they provide meaningful diversification when combined. DRUP charges 0.60%/yr vs 0.75%/yr for GRNY.

Performance

DRUP vs. GRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Nasdaq Select Disruptors ETF (DRUP) 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, DRUP achieves a -3.24% return, which is significantly lower than GRNY's 11.15% return.

DRUP

• 1D: -2.27%
• 1M: 9.28%
• YTD: -3.24%
• 6M: -4.85%
• 1Y: 8.51%
• 3Y*: 18.88%
• 5Y*: 10.93%
• 10Y*: —

GRNY

• 1D: -0.76%
• 1M: 3.30%
• YTD: 11.15%
• 6M: 9.73%
• 1Y: 29.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRUP vs. GRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DRUP GraniteShares Nasdaq Select Disruptors ETF	-3.24%	18.18%	-0.06%
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	11.15%	24.05%	-1.09%

Correlation

The correlation between DRUP and GRNY is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Nov 8, 2024	0.77

The correlation between DRUP and GRNY shifts across timeframes, from 0.66 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DRUP vs. GRNY — Risk / Return Rank

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

DRUP

DRUP Risk / Return Rank: 14
DRUP Sharpe Ratio Rank: 15
DRUP Sortino Ratio Rank: 15
DRUP Omega Ratio Rank: 15
DRUP Calmar Ratio Rank: 13
DRUP Martin Ratio Rank: 13

GRNY

GRNY Risk / Return Rank: 47
GRNY Sharpe Ratio Rank: 48
GRNY Sortino Ratio Rank: 45
GRNY Omega Ratio Rank: 44
GRNY Calmar Ratio Rank: 51
GRNY Martin Ratio Rank: 47

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.

DRUP vs. GRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Nasdaq Select Disruptors ETF (DRUP) 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.

	DRUP	GRNY	Difference
Sharpe ratio: Return per unit of total volatility	0.44	1.70	-1.26
Sortino ratio: Return per unit of downside risk	0.72	2.30	-1.58
Omega ratio: Gain probability vs. loss probability	1.09	1.29	-0.20
Calmar ratio: Return relative to maximum drawdown	0.37	2.57	-2.20
Martin ratio: Return relative to average drawdown	0.92	7.85	-6.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRUP vs. GRNY - Sharpe Ratio Comparison

The current DRUP Sharpe Ratio is 0.44, which is lower than the GRNY Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of DRUP 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

	DRUP	GRNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	1.70	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.96	-0.29

Drawdowns

DRUP vs. GRNY - Drawdown Comparison

The maximum DRUP drawdown since its inception was -31.29%, which is greater than GRNY's maximum drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for DRUP and GRNY.

Drawdown Indicators

	DRUP	GRNY	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-24.18%	-7.11%
Max Drawdown (1Y) Largest decline over 1 year	-23.21%	-11.63%	-11.58%
Max Drawdown (3Y) Largest decline over 3 years	-23.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.29%	—	—
Current Drawdown Current decline from peak	-6.09%	-0.76%	-5.33%
Average Drawdown Average peak-to-trough decline	-8.41%	-4.03%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.25%	3.80%	+5.45%

Volatility

DRUP vs. GRNY - Volatility Comparison

GraniteShares Nasdaq Select Disruptors ETF (DRUP) has a higher volatility of 7.48% compared to Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) at 4.23%. This indicates that DRUP'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

	DRUP	GRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	4.23%	+3.25%
Volatility (6M) Calculated over the trailing 6-month period	16.17%	12.70%	+3.47%
Volatility (1Y) Calculated over the trailing 1-year period	19.55%	17.59%	+1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.78%	23.19%	-1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.23%	23.19%	+0.04%

DRUP vs. GRNY - Expense Ratio Comparison

DRUP has a 0.60% expense ratio, which is lower than GRNY's 0.75% expense ratio.

Dividends

DRUP vs. GRNY - Dividend Comparison

Neither DRUP nor GRNY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DRUP GraniteShares Nasdaq Select Disruptors ETF	0.00%	0.00%	0.00%	0.40%	0.51%	0.28%	0.53%	0.19%
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRUP and GRNY in my portfolio?

DRUP and GRNY have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRUP or GRNY?

DRUP has higher volatility (7.48%) compared to GRNY (4.23%). In terms of maximum drawdown, DRUP dropped -31.29% vs GRNY's -24.18%.

Which ETF is better, DRUP or GRNY?

On 1-year performance, GRNY leads with 29.75% vs 8.51% for DRUP. On fees, DRUP is cheaper at 0.60% per year. On volatility, GRNY has been the lower-risk option at 4.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRUP or GRNY?

Over the 1-year period, GRNY has performed better with a 29.75% return vs 8.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRUP or GRNY?

DRUP is cheaper with a 0.60% expense ratio, compared with 0.75% for GRNY.

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

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

What is the main difference between DRUP and GRNY?

DRUP is categorized as Large Cap Growth Equities, while GRNY is Large Cap Blend Equities. They also come from different issuers: GraniteShares and Tidal ETFs. Their fees differ too: 0.60% for DRUP and 0.75% for GRNY.

Which has better risk-adjusted returns?

GRNY currently has the higher Sharpe Ratio (1.70 vs 0.44), 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.