GRNI vs. QDVO
GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and QDVO (Amplify CWP Growth & Income ETF) are both Derivative Income funds. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. GRNI charges 0.99%/yr vs 0.56%/yr for QDVO.
Performance
GRNI vs. QDVO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GRNI achieves a 7.47% return, which is significantly higher than QDVO's 5.51% return.
GRNI
- 1D
- -1.14%
- 1M
- 0.03%
- YTD
- 7.47%
- 6M
- 6.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QDVO
- 1D
- -1.31%
- 1M
- -3.62%
- YTD
- 5.51%
- 6M
- 4.58%
- 1Y
- 21.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRNI vs. QDVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GRNI Fundstrat Granny Shots US Large Cap & Income ETF | 7.47% | 2.24% |
QDVO Amplify CWP Growth & Income ETF | 5.51% | 1.30% |
Correlation
The correlation between GRNI and QDVO is 0.79, 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 | 0.79 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GRNI vs. QDVO — Risk / Return Rank
GRNI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QDVO
GRNI vs. QDVO - 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 Amplify CWP Growth & Income ETF (QDVO). 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 | QDVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.08 | — |
| Martin ratioReturn relative to average drawdown | — | 8.08 | — |
Loading charts...
Drawdowns
GRNI vs. QDVO - Drawdown Comparison
The maximum GRNI drawdown since its inception was -9.55%, smaller than the maximum QDVO drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for GRNI and QDVO.
Loading charts...
Drawdown Indicators
| GRNI | QDVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.55% | -17.75% | +8.20% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.21% | — |
Current DrawdownCurrent decline from peak | -2.61% | -4.81% | +2.20% |
Average DrawdownAverage peak-to-trough decline | -2.11% | -2.41% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.62% | — |
Volatility
GRNI vs. QDVO - Volatility Comparison
Loading charts...
Volatility by Period
| GRNI | QDVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.59% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.55% | 12.69% | +4.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.55% | 17.54% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.55% | 17.54% | +0.01% |
GRNI vs. QDVO - Expense Ratio Comparison
GRNI has a 0.99% expense ratio, which is higher than QDVO's 0.56% expense ratio.
Dividends
GRNI vs. QDVO - Dividend Comparison
GRNI's dividend yield for the trailing twelve months is around 4.88%, less than QDVO's 10.53% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GRNI Fundstrat Granny Shots US Large Cap & Income ETF | 4.88% | 0.83% | 0.00% |
QDVO Amplify CWP Growth & Income ETF | 10.53% | 9.92% | 2.79% |
Frequently Asked Questions
GRNI and QDVO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVO is cheaper with a 0.56% expense ratio, compared with 0.99% for GRNI.
QDVO has the higher dividend yield at 10.53%, compared with 4.88% for GRNI.
They also come from different issuers: Tidal and Amplify. Their fees differ too: 0.99% for GRNI and 0.56% for QDVO.
Find the right allocation for GRNI and QDVO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer