GRNI vs. GOOY

Last updated Jul 17, 2026

GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

GRNI vs. GOOY - 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 YieldMax GOOGL Option Income Strategy ETF (GOOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GRNI having a 9.83% return and GOOY slightly higher at 10.12%.

GRNI

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

GOOY

• 1D: -1.62%
• 1M: -4.11%
• 6M: 5.45%
• YTD: 10.12%
• 1Y: 70.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNI vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	9.83%	2.24%
GOOY YieldMax GOOGL Option Income Strategy ETF	10.12%	7.31%

Correlation

The correlation between GRNI and GOOY is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.54

Return for Risk

GRNI vs. GOOY — Risk / Return Rank

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

GRNI

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

GOOY

GOOY Risk / Return Rank: 91
GOOY Sharpe Ratio Rank: 95
GOOY Sortino Ratio Rank: 94
GOOY Omega Ratio Rank: 92
GOOY Calmar Ratio Rank: 90
GOOY Martin Ratio Rank: 85

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.

GRNI vs. GOOY - 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 YieldMax GOOGL Option Income Strategy ETF (GOOY). 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.

	GRNI	GOOY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.88	—
Sortino ratio: Return per unit of downside risk	—	3.94	—
Omega ratio: Gain probability vs. loss probability	—	1.49	—
Calmar ratio: Return relative to maximum drawdown	—	4.36	—
Martin ratio: Return relative to average drawdown	—	13.49	—

Drawdowns

GRNI vs. GOOY - Drawdown Comparison

The maximum GRNI drawdown since its inception was -9.55%, smaller than the maximum GOOY drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for GRNI and GOOY.

Drawdown Indicators

	GRNI	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-9.55%	-24.40%	+14.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.15%	—
Current Drawdown Current decline from peak	-0.48%	-11.42%	+10.94%
Average Drawdown Average peak-to-trough decline	-2.01%	-6.36%	+4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.21%	—

Volatility

Volatility by Period

	GRNI	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.98%	24.42%	-7.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	23.52%	-6.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	23.52%	-6.54%

GRNI vs. GOOY - Expense Ratio Comparison

Both GRNI and GOOY have an expense ratio of 0.99%.

Dividends

GRNI vs. GOOY - Dividend Comparison

GRNI's dividend yield for the trailing twelve months is around 5.64%, less than GOOY's 53.63% yield.

Position	TTM	2025	2024	2023
GOOY YieldMax GOOGL Option Income Strategy ETF	53.63%	41.50%	36.74%	7.90%
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	5.64%	0.83%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GRNI and GOOY in my portfolio?

GRNI and GOOY have a correlation of 0.54, 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 GOOY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNI or GOOY?

GRNI and GOOY have the same expense ratio: 0.99% per year.

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

GOOY has the higher dividend yield at 53.63%, compared with 5.64% for GRNI.

What is the main difference between GRNI and GOOY?

They also come from different issuers: Tidal and YieldMax.