GRNI vs. EIPI
GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and EIPI (FT Energy Income Partners Enhanced Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.04, they often move in opposite directions. GRNI charges 0.99%/yr vs 1.11%/yr for EIPI.
Performance
GRNI vs. EIPI - Performance Comparison
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Returns By Period
In the year-to-date period, GRNI achieves a 9.53% return, which is significantly lower than EIPI's 14.55% return.
GRNI
- 1D
- -0.70%
- 1M
- 3.46%
- YTD
- 9.53%
- 6M
- 8.72%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EIPI
- 1D
- 0.05%
- 1M
- -2.14%
- YTD
- 14.55%
- 6M
- 13.67%
- 1Y
- 21.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRNI vs. EIPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GRNI Fundstrat Granny Shots US Large Cap & Income ETF | 9.53% | 2.85% |
EIPI FT Energy Income Partners Enhanced Income ETF | 14.55% | -0.05% |
Correlation
The correlation between GRNI and EIPI is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | -0.04 |
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Return for Risk
GRNI vs. EIPI — Risk / Return Rank
GRNI
EIPI
GRNI vs. EIPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) and FT Energy Income Partners Enhanced Income ETF (EIPI). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| GRNI | EIPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | 1.52 | -0.06 |
Drawdowns
GRNI vs. EIPI - Drawdown Comparison
The maximum GRNI drawdown since its inception was -9.55%, smaller than the maximum EIPI drawdown of -12.33%. Use the drawdown chart below to compare losses from any high point for GRNI and EIPI.
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Drawdown Indicators
| GRNI | EIPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.55% | -12.33% | +2.78% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.00% | — |
Current DrawdownCurrent decline from peak | -0.70% | -2.62% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -2.12% | -1.67% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.32% | — |
Volatility
GRNI vs. EIPI - Volatility Comparison
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Volatility by Period
| GRNI | EIPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.59% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.30% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.34% | 9.55% | +7.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 13.08% | +4.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | 13.08% | +4.26% |
GRNI vs. EIPI - Expense Ratio Comparison
GRNI has a 0.99% expense ratio, which is lower than EIPI's 1.11% expense ratio.
Dividends
GRNI vs. EIPI - Dividend Comparison
GRNI's dividend yield for the trailing twelve months is around 4.79%, less than EIPI's 6.78% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EIPI FT Energy Income Partners Enhanced Income ETF | 6.78% | 9.71% | 6.31% |
GRNI Fundstrat Granny Shots US Large Cap & Income ETF | 4.79% | 0.83% | 0.00% |
Frequently Asked Questions
GRNI and EIPI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GRNI is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GRNI is cheaper with a 0.99% expense ratio, compared with 1.11% for EIPI.
EIPI has the higher dividend yield at 6.78%, compared with 4.79% for GRNI.
They also come from different issuers: Tidal and First Trust. Their fees differ too: 0.99% for GRNI and 1.11% for EIPI.
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