GRNJ vs. CHAT
GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) and CHAT (Roundhill Generative AI & Technology ETF) are both exchange-traded funds - GRNJ is a Mid Cap Blend Equities fund actively managed by Fundstrat, while CHAT is a Technology Equities fund actively managed by Roundhill. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
GRNJ vs. CHAT - Performance Comparison
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Returns By Period
In the year-to-date period, GRNJ achieves a 22.19% return, which is significantly lower than CHAT's 63.45% return.
GRNJ
- 1D
- -2.56%
- 1M
- 1.56%
- YTD
- 22.19%
- 6M
- 17.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CHAT
- 1D
- -7.40%
- 1M
- 7.27%
- YTD
- 63.45%
- 6M
- 62.78%
- 1Y
- 115.67%
- 3Y*
- 51.32%
- 5Y*
- —
- 10Y*
- —
GRNJ vs. CHAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF | 22.19% | 6.02% |
CHAT Roundhill Generative AI & Technology ETF | 63.45% | 1.41% |
Correlation
The correlation between GRNJ and CHAT is 0.77, 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 | 0.77 |
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Return for Risk
GRNJ vs. CHAT — Risk / Return Rank
GRNJ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CHAT
GRNJ vs. CHAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) and Roundhill Generative AI & Technology ETF (CHAT). 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.
| GRNJ | CHAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.14 | — |
| Martin ratioReturn relative to average drawdown | — | 19.81 | — |
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Drawdowns
GRNJ vs. CHAT - Drawdown Comparison
The maximum GRNJ drawdown since its inception was -17.32%, smaller than the maximum CHAT drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for GRNJ and CHAT.
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Drawdown Indicators
| GRNJ | CHAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.32% | -31.34% | +14.02% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.34% | — |
Current DrawdownCurrent decline from peak | -4.23% | -7.40% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -5.38% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.86% | — |
Volatility
GRNJ vs. CHAT - Volatility Comparison
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Volatility by Period
| GRNJ | CHAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 19.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 29.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.86% | 34.87% | -4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.86% | 31.22% | -0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.86% | 31.22% | -0.36% |
GRNJ vs. CHAT - Expense Ratio Comparison
Both GRNJ and CHAT have an expense ratio of 0.75%.
Dividends
GRNJ vs. CHAT - Dividend Comparison
GRNJ has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 1.74%.
| Position | TTM | 2025 |
|---|---|---|
CHAT Roundhill Generative AI & Technology ETF | 1.74% | 2.85% |
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF | 0.00% | 0.00% |
Frequently Asked Questions
GRNJ and CHAT have a correlation of 0.77, 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 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GRNJ and CHAT have the same expense ratio: 0.75% per year.
CHAT has the higher dividend yield at 1.74%, compared with 0.00% for GRNJ.
GRNJ is categorized as Mid Cap Blend Equities, while CHAT is Technology Equities. They also come from different issuers: Fundstrat and Roundhill.
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