GRNI vs. TSMY
GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.
Performance
GRNI vs. TSMY - 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 TSMY's 37.04% return.
GRNI
- 1D
- -0.70%
- 1M
- 3.46%
- YTD
- 9.53%
- 6M
- 8.72%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSMY
- 1D
- -1.37%
- 1M
- 7.48%
- YTD
- 37.04%
- 6M
- 39.21%
- 1Y
- 92.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRNI vs. TSMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GRNI Fundstrat Granny Shots US Large Cap & Income ETF | 9.53% | 2.85% |
TSMY YieldMax TSM Option Income Strategy ETF | 37.04% | 6.79% |
Correlation
The correlation between GRNI and TSMY is 0.63, 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 19, 2025 | 0.63 |
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Return for Risk
GRNI vs. TSMY — Risk / Return Rank
GRNI
TSMY
GRNI vs. TSMY - 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 TSM Option Income Strategy ETF (TSMY). 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 | TSMY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | 1.56 | -0.10 |
Drawdowns
GRNI vs. TSMY - Drawdown Comparison
The maximum GRNI drawdown since its inception was -9.55%, smaller than the maximum TSMY drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for GRNI and TSMY.
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Drawdown Indicators
| GRNI | TSMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.55% | -31.15% | +21.60% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.50% | — |
Current DrawdownCurrent decline from peak | -0.70% | -1.37% | +0.67% |
Average DrawdownAverage peak-to-trough decline | -2.12% | -5.51% | +3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.17% | — |
Volatility
GRNI vs. TSMY - Volatility Comparison
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Volatility by Period
| GRNI | TSMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 22.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.34% | 28.87% | -11.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 33.22% | -15.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | 33.22% | -15.88% |
GRNI vs. TSMY - Expense Ratio Comparison
Both GRNI and TSMY have an expense ratio of 0.99%.
Dividends
GRNI vs. TSMY - Dividend Comparison
GRNI's dividend yield for the trailing twelve months is around 4.79%, less than TSMY's 52.19% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GRNI Fundstrat Granny Shots US Large Cap & Income ETF | 4.79% | 0.83% | 0.00% |
TSMY YieldMax TSM Option Income Strategy ETF | 52.19% | 56.76% | 13.71% |
Frequently Asked Questions
GRNI and TSMY have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GRNI and TSMY have the same expense ratio: 0.99% per year.
TSMY has the higher dividend yield at 52.19%, compared with 4.79% for GRNI.
They also come from different issuers: Tidal and YieldMax.
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