GRNI vs. FIYY

Last updated Jul 17, 2026

GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. GRNI charges 0.99%/yr vs 1.07%/yr for FIYY.

Performance

GRNI vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GRNI

• 1D: -0.46%
• 1M: 0.79%
• 6M: 6.88%
• YTD: 9.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: 0.04%
• 1M: -0.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNI vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	3.74%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-1.79%

Correlation

The correlation between GRNI and FIYY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.27

Return for Risk

GRNI vs. FIYY - 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 GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

GRNI vs. FIYY - Drawdown Comparison

The maximum GRNI drawdown since its inception was -9.55%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for GRNI and FIYY.

Drawdown Indicators

	GRNI	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-9.55%	-2.51%	-7.04%
Current Drawdown Current decline from peak	-0.48%	-1.91%	+1.43%
Average Drawdown Average peak-to-trough decline	-2.01%	-1.50%	-0.51%

Volatility

Volatility by Period

	GRNI	FIYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.98%	4.95%	+12.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	4.95%	+12.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	4.95%	+12.03%

GRNI vs. FIYY - Expense Ratio Comparison

GRNI has a 0.99% expense ratio, which is lower than FIYY's 1.07% expense ratio.

Dividends

GRNI vs. FIYY - Dividend Comparison

GRNI's dividend yield for the trailing twelve months is around 5.64%, more than FIYY's 1.13% yield.

Position	TTM	2025
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.13%	0.00%
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	5.64%	0.83%

Frequently Asked Questions

Can I hold both GRNI and FIYY in my portfolio?

GRNI and FIYY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRNI or FIYY?

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.

Which ETF is cheaper, GRNI or FIYY?

GRNI is cheaper with a 0.99% expense ratio, compared with 1.07% for FIYY.

Which ETF pays a higher dividend yield, GRNI or FIYY?

GRNI has the higher dividend yield at 5.64%, compared with 1.13% for FIYY.

What is the main difference between GRNI and FIYY?

They also come from different issuers: Tidal and GraniteShares. Their fees differ too: 0.99% for GRNI and 1.07% for FIYY.