GRNJ vs. USFR

Last updated Jun 24, 2026

GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - GRNJ is a Mid Cap Blend Equities fund actively managed by Fundstrat, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. GRNJ is actively managed, while USFR is passively managed. At a correlation of -0.18, they often move in opposite directions. GRNJ charges 0.75%/yr vs 0.15%/yr for USFR.

Performance

GRNJ vs. USFR - 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 WisdomTree Floating Rate Treasury Fund (USFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRNJ achieves a 22.19% return, which is significantly higher than USFR's 1.82% return.

GRNJ

• 1D: -2.56%
• 1M: 1.56%
• YTD: 22.19%
• 6M: 17.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USFR

• 1D: 0.04%
• 1M: 0.33%
• YTD: 1.82%
• 6M: 1.92%
• 1Y: 3.99%
• 3Y*: 4.74%
• 5Y*: 3.71%
• 10Y*: 2.43%

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

GRNJ vs. USFR - Yearly Performance Comparison

	2026 (YTD)	2025
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	22.19%	6.02%
USFR WisdomTree Floating Rate Treasury Fund	1.82%	0.54%

Correlation

The correlation between GRNJ and USFR is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	-0.18

Return for Risk

GRNJ vs. USFR — Risk / Return Rank

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

GRNJ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

USFR

USFR Risk / Return Rank: 100
USFR Sharpe Ratio Rank: 100
USFR Sortino Ratio Rank: 100
USFR Omega Ratio Rank: 100
USFR Calmar Ratio Rank: 100
USFR Martin Ratio Rank: 100

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. USFR - 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 WisdomTree Floating Rate Treasury Fund (USFR). 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	USFR	Difference
Sharpe ratio: Return per unit of total volatility	—	14.67	—
Sortino ratio: Return per unit of downside risk	—	50.13	—
Omega ratio: Gain probability vs. loss probability	—	13.31	—
Calmar ratio: Return relative to maximum drawdown	—	201.33	—
Martin ratio: Return relative to average drawdown	—	779.76	—

Drawdowns

GRNJ vs. USFR - Drawdown Comparison

The maximum GRNJ drawdown since its inception was -17.32%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for GRNJ and USFR.

Drawdown Indicators

	GRNJ	USFR	Difference
Max Drawdown Largest peak-to-trough decline	-17.32%	-1.36%	-15.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-0.80%	—
Current Drawdown Current decline from peak	-4.23%	0.00%	-4.23%
Average Drawdown Average peak-to-trough decline	-4.09%	-0.15%	-3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	GRNJ	USFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.86%	0.27%	+30.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.86%	0.40%	+30.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.86%	0.78%	+30.08%

GRNJ vs. USFR - Expense Ratio Comparison

GRNJ has a 0.75% expense ratio, which is higher than USFR's 0.15% expense ratio.

Dividends

GRNJ vs. USFR - Dividend Comparison

GRNJ has not paid dividends to shareholders, while USFR's dividend yield for the trailing twelve months is around 3.90%.

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%
USFR WisdomTree Floating Rate Treasury Fund	3.90%	4.15%	5.17%	5.12%	1.78%	0.01%	0.40%	2.08%	1.67%	1.03%	0.29%

Frequently Asked Questions

Can I hold both GRNJ and USFR in my portfolio?

GRNJ and USFR have a correlation of -0.18, 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 USFR?

On fees, USFR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNJ or USFR?

USFR is cheaper with a 0.15% expense ratio, compared with 0.75% for GRNJ.

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

USFR has the higher dividend yield at 3.90%, compared with 0.00% for GRNJ.

What is the main difference between GRNJ and USFR?

GRNJ is categorized as Mid Cap Blend Equities, while USFR is Government Bonds. They also come from different issuers: Fundstrat and WisdomTree. Their fees differ too: 0.75% for GRNJ and 0.15% for USFR.