GRNI vs. PRTO

Last updated Jun 4, 2026

GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and PRTO (RCN Pareto Strategic Allocation ETF) are both exchange-traded funds - GRNI is a Derivative Income fund actively managed by Tidal, while PRTO is a Tactical Allocation fund actively managed by Tidal. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. GRNI charges 0.99%/yr vs 0.82%/yr for PRTO.

Performance

GRNI vs. PRTO - 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 RCN Pareto Strategic Allocation ETF (PRTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GRNI

• 1D: -0.70%
• 1M: 3.46%
• YTD: 9.53%
• 6M: 8.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRTO

• 1D: -0.71%
• 1M: 2.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNI vs. PRTO - Yearly Performance Comparison

	2026 (YTD)
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	11.62%
PRTO RCN Pareto Strategic Allocation ETF	10.17%

Correlation

The correlation between GRNI and PRTO is 0.86, 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 Mar 26, 2026	0.86

Return for Risk

GRNI vs. PRTO - 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 RCN Pareto Strategic Allocation ETF (PRTO). 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.

Sharpe Ratios by Period

	GRNI	PRTO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	4.77	-3.32

Drawdowns

GRNI vs. PRTO - Drawdown Comparison

The maximum GRNI drawdown since its inception was -9.55%, which is greater than PRTO's maximum drawdown of -2.98%. Use the drawdown chart below to compare losses from any high point for GRNI and PRTO.

Drawdown Indicators

	GRNI	PRTO	Difference
Max Drawdown Largest peak-to-trough decline	-9.55%	-2.98%	-6.57%
Current Drawdown Current decline from peak	-0.70%	-0.71%	+0.01%
Average Drawdown Average peak-to-trough decline	-2.12%	-0.55%	-1.57%

Volatility

Volatility by Period

	GRNI	PRTO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.34%	14.03%	+3.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	14.03%	+3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	14.03%	+3.31%

GRNI vs. PRTO - Expense Ratio Comparison

GRNI has a 0.99% expense ratio, which is higher than PRTO's 0.82% expense ratio.

Dividends

GRNI vs. PRTO - Dividend Comparison

GRNI's dividend yield for the trailing twelve months is around 4.79%, while PRTO has not paid dividends to shareholders.

Position	TTM	2025
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	4.79%	0.83%
PRTO RCN Pareto Strategic Allocation ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GRNI and PRTO in my portfolio?

GRNI and PRTO have a correlation of 0.86, 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 PRTO?

On fees, PRTO is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNI or PRTO?

PRTO is cheaper with a 0.82% expense ratio, compared with 0.99% for GRNI.

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

GRNI has the higher dividend yield at 4.79%, compared with 0.00% for PRTO.

What is the main difference between GRNI and PRTO?

GRNI is categorized as Derivative Income, while PRTO is Tactical Allocation. Their fees differ too: 0.99% for GRNI and 0.82% for PRTO.