GRNJ vs. LVHI

Last updated Jun 5, 2026

GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - GRNJ is a Mid Cap Blend Equities fund actively managed by Fundstrat, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. GRNJ is actively managed, while LVHI is passively managed. At a 0.41 correlation, their price movements are largely independent. GRNJ charges 0.75%/yr vs 0.40%/yr for LVHI.

Performance

GRNJ vs. LVHI - 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 Franklin International Low Volatility High Dividend Index ETF (LVHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRNJ achieves a 27.32% return, which is significantly higher than LVHI's 11.03% return.

GRNJ

• 1D: 0.96%
• 1M: 8.18%
• YTD: 27.32%
• 6M: 22.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LVHI

• 1D: -0.94%
• 1M: -1.04%
• YTD: 11.03%
• 6M: 13.12%
• 1Y: 29.65%
• 3Y*: 20.66%
• 5Y*: 15.66%
• 10Y*: —

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

GRNJ vs. LVHI - Yearly Performance Comparison

	2026 (YTD)	2025
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	27.32%	5.14%
LVHI Franklin International Low Volatility High Dividend Index ETF	11.03%	3.75%

Correlation

The correlation between GRNJ and LVHI is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.41

Return for Risk

GRNJ vs. LVHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LVHI

LVHI Risk / Return Rank: 90
LVHI Sharpe Ratio Rank: 91
LVHI Sortino Ratio Rank: 92
LVHI Omega Ratio Rank: 91
LVHI Calmar Ratio Rank: 87
LVHI Martin Ratio Rank: 90

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. LVHI - 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 Franklin International Low Volatility High Dividend Index ETF (LVHI). 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

	GRNJ	LVHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.44	0.81	+1.62

Drawdowns

GRNJ vs. LVHI - Drawdown Comparison

The maximum GRNJ drawdown since its inception was -17.32%, smaller than the maximum LVHI drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for GRNJ and LVHI.

Drawdown Indicators

	GRNJ	LVHI	Difference
Max Drawdown Largest peak-to-trough decline	-17.32%	-32.31%	+14.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.99%	—
Current Drawdown Current decline from peak	-0.21%	-2.16%	+1.95%
Average Drawdown Average peak-to-trough decline	-4.10%	-3.52%	-0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.46%	—

Volatility

Volatility by Period

	GRNJ	LVHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.91%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.83%	9.49%	+20.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.83%	11.06%	+18.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.83%	13.76%	+16.07%

GRNJ vs. LVHI - Expense Ratio Comparison

GRNJ has a 0.75% expense ratio, which is higher than LVHI's 0.40% expense ratio.

Dividends

GRNJ vs. LVHI - Dividend Comparison

GRNJ has not paid dividends to shareholders, while LVHI's dividend yield for the trailing twelve months is around 4.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%	0.00%
LVHI Franklin International Low Volatility High Dividend Index ETF	4.80%	4.92%	3.98%	8.12%	7.74%	4.13%	3.97%	6.67%	10.67%	3.38%	2.02%

Frequently Asked Questions

Can I hold both GRNJ and LVHI in my portfolio?

GRNJ and LVHI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRNJ or LVHI?

On fees, LVHI is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNJ or LVHI?

LVHI is cheaper with a 0.40% expense ratio, compared with 0.75% for GRNJ.

Which ETF pays a higher dividend yield, GRNJ or LVHI?

LVHI has the higher dividend yield at 4.80%, compared with 0.00% for GRNJ.

What is the main difference between GRNJ and LVHI?

GRNJ is categorized as Mid Cap Blend Equities, while LVHI is Volatility Hedged Equity. They also come from different issuers: Fundstrat and Franklin Templeton. Their fees differ too: 0.75% for GRNJ and 0.40% for LVHI.