GRNJ vs. RUNN

Last updated Jun 5, 2026

GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) and RUNN (Running Oak Efficient Growth ETF) are both Mid Cap Blend Equities funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. GRNJ charges 0.75%/yr vs 0.58%/yr for RUNN.

Performance

GRNJ vs. RUNN - 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 Running Oak Efficient Growth ETF (RUNN). 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 RUNN's -2.05% return.

GRNJ

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

RUNN

• 1D: 0.98%
• 1M: -0.71%
• YTD: -2.05%
• 6M: -2.63%
• 1Y: -0.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNJ vs. RUNN - Yearly Performance Comparison

	2026 (YTD)	2025
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	27.32%	5.14%
RUNN Running Oak Efficient Growth ETF	-2.05%	2.92%

Correlation

The correlation between GRNJ and RUNN is 0.46, 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	0.46

Return for Risk

GRNJ vs. RUNN — Risk / Return Rank

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

RUNN

RUNN Risk / Return Rank: 8
RUNN Sharpe Ratio Rank: 8
RUNN Sortino Ratio Rank: 8
RUNN Omega Ratio Rank: 8
RUNN Calmar Ratio Rank: 8
RUNN Martin Ratio Rank: 8

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. RUNN - 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 Running Oak Efficient Growth ETF (RUNN). 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	RUNN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.44	0.70	+1.73

Drawdowns

GRNJ vs. RUNN - Drawdown Comparison

The maximum GRNJ drawdown since its inception was -17.32%, roughly equal to the maximum RUNN drawdown of -16.83%. Use the drawdown chart below to compare losses from any high point for GRNJ and RUNN.

Drawdown Indicators

	GRNJ	RUNN	Difference
Max Drawdown Largest peak-to-trough decline	-17.32%	-16.83%	-0.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.34%	—
Current Drawdown Current decline from peak	-0.21%	-6.99%	+6.78%
Average Drawdown Average peak-to-trough decline	-4.10%	-3.54%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.36%	—

Volatility

Volatility by Period

	GRNJ	RUNN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.83%	12.87%	+16.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.83%	13.81%	+16.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.83%	13.81%	+16.02%

GRNJ vs. RUNN - Expense Ratio Comparison

GRNJ has a 0.75% expense ratio, which is higher than RUNN's 0.58% expense ratio.

Dividends

GRNJ vs. RUNN - Dividend Comparison

GRNJ has not paid dividends to shareholders, while RUNN's dividend yield for the trailing twelve months is around 0.57%.

Position	TTM	2025	2024	2023
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	0.00%	0.00%	0.00%	0.00%
RUNN Running Oak Efficient Growth ETF	0.57%	0.55%	0.39%	0.33%

Frequently Asked Questions

Can I hold both GRNJ and RUNN in my portfolio?

GRNJ and RUNN have a correlation of 0.46, 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 RUNN?

On fees, RUNN is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNJ or RUNN?

RUNN is cheaper with a 0.58% expense ratio, compared with 0.75% for GRNJ.

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

RUNN has the higher dividend yield at 0.57%, compared with 0.00% for GRNJ.

What is the main difference between GRNJ and RUNN?

They also come from different issuers: Fundstrat and Running Oak Capital. Their fees differ too: 0.75% for GRNJ and 0.58% for RUNN.