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GRNJ vs. FFTY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GRNJ vs. FFTY

Last updated Apr 1, 2026

Compare and contrast key facts about Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) and Innovator IBD 50 ETF (FFTY).

GRNJ and FFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GRNJ is an actively managed fund by Fundstrat. It was launched on Nov 17, 2025. FFTY is a passively managed fund by Innovator that tracks the performance of the IBD 50 Index. It was launched on Apr 9, 2015.

Performance

GRNJ vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) and Innovator IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

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GRNJ vs. FFTY - Yearly Performance Comparison

2026 (YTD)2025
GRNJ
Fundstrat Granny Shots US Small- & Mid-Cap ETF		-2.11%5.14%
FFTY
Innovator IBD 50 ETF		-4.02%4.30%

Returns By Period

In the year-to-date period, GRNJ achieves a -2.11% return, which is significantly higher than FFTY's -4.02% return.

GRNJ

1D
5.00%
1M
-7.92%
YTD
-2.11%
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

FFTY

1D
5.00%
1M
-18.29%
YTD
-4.02%
6M
-9.38%
1Y
25.53%
3Y*
13.29%
5Y*
-4.52%
10Y*
5.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fundstrat Granny Shots US Small- & Mid-Cap ETF

Innovator IBD 50 ETF

Often compared with GRNJ:
GRNJ vs. AVUVGRNJ vs. NIXTGRNJ vs. CGVIXGRNJ vs. GRNYGRNJ vs. IWMGRNJ vs. SPYGRNJ vs. CHAT
Often compared with FFTY:
FFTY vs. SPYFFTY vs. QQQFFTY vs. BOUTFFTY vs. BFORFFTY vs. VOOFFTY vs. LOUPFFTY vs. IGV

GRNJ vs. FFTY - Expense Ratio Comparison

GRNJ has a 0.75% expense ratio, which is lower than FFTY's 0.80% expense ratio.

FFTY
Innovator IBD 50 ETF
GRNJ
Fundstrat Granny Shots US Small- & Mid-Cap ETF

Return for Risk

GRNJ vs. FFTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GRNJ
FFTY
FFTY Risk / Return Rank: 4141
Overall Rank
FFTY Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
FFTY Sortino Ratio Rank: 4343
Sortino Ratio Rank
FFTY Omega Ratio Rank: 4040
Omega Ratio Rank
FFTY Calmar Ratio Rank: 4444
Calmar Ratio Rank
FFTY Martin Ratio Rank: 3535
Martin Ratio Rank
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.

GRNJ vs. FFTY - 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 Innovator IBD 50 ETF (FFTY). 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.

GRNJ vs. FFTY - Sharpe Ratio Comparison

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Sharpe Ratios by Period

GRNJFFTYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.74

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

-0.16

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.19

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.12

+0.14

Correlation

The correlation between GRNJ and FFTY is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GRNJ vs. FFTY - Dividend Comparison

GRNJ has not paid dividends to shareholders, while FFTY's dividend yield for the trailing twelve months is around 1.40%.

TTM202520242023202220212020201920182017
GRNJ
Fundstrat Granny Shots US Small- & Mid-Cap ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FFTY
Innovator IBD 50 ETF		1.40%1.35%0.91%0.65%2.75%0.22%0.00%0.00%0.00%0.17%

Drawdowns

GRNJ vs. FFTY - Drawdown Comparison

The maximum GRNJ drawdown since its inception was -17.32%, smaller than the maximum FFTY drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for GRNJ and FFTY.

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Drawdown Indicators

GRNJFFTYDifference

Max Drawdown

Largest peak-to-trough decline

-17.32%

-59.46%

+42.14%

Max Drawdown (1Y)

Largest decline over 1 year

—

-23.29%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-59.46%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-59.46%

—

Current Drawdown

Current decline from peak

-13.19%

-32.35%

+19.16%

Average Drawdown

Average peak-to-trough decline

-4.81%

-22.38%

+17.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

7.97%

—

Volatility

GRNJ vs. FFTY - Volatility Comparison

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Volatility by Period

GRNJFFTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

14.46%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

28.72%

—

Volatility (1Y)

Calculated over the trailing 1-year period

31.70%

34.49%

-2.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.70%

29.00%

+2.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.70%

27.17%

+4.53%