GRNJ vs. VO
GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) and VO (Vanguard Mid-Cap ETF) are both Mid Cap Blend Equities funds. GRNJ is actively managed, while VO is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. GRNJ charges 0.75%/yr vs 0.03%/yr for VO.
Performance
GRNJ vs. VO - Performance Comparison
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Returns By Period
In the year-to-date period, GRNJ achieves a 22.19% return, which is significantly higher than VO's 10.36% return.
GRNJ
- 1D
- -2.56%
- 1M
- 1.56%
- YTD
- 22.19%
- 6M
- 17.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VO
- 1D
- -0.85%
- 1M
- 2.16%
- YTD
- 10.36%
- 6M
- 9.10%
- 1Y
- 17.71%
- 3Y*
- 16.26%
- 5Y*
- 7.72%
- 10Y*
- 11.93%
GRNJ vs. VO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF | 22.19% | 6.02% |
VO Vanguard Mid-Cap ETF | 10.36% | 3.06% |
Correlation
The correlation between GRNJ and VO is 0.78, 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 | 0.78 |
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Return for Risk
GRNJ vs. VO — Risk / Return Rank
GRNJ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VO
GRNJ vs. VO - 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 Vanguard Mid-Cap ETF (VO). 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 | VO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.18 | — |
| Martin ratioReturn relative to average drawdown | — | 8.21 | — |
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Drawdowns
GRNJ vs. VO - Drawdown Comparison
The maximum GRNJ drawdown since its inception was -17.32%, smaller than the maximum VO drawdown of -58.87%. Use the drawdown chart below to compare losses from any high point for GRNJ and VO.
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Drawdown Indicators
| GRNJ | VO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.32% | -58.87% | +41.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.02% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.37% | — |
Current DrawdownCurrent decline from peak | -4.23% | -1.29% | -2.94% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -7.85% | +3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.16% | — |
Volatility
GRNJ vs. VO - Volatility Comparison
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Volatility by Period
| GRNJ | VO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 30.86% | 12.81% | +18.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.86% | 17.66% | +13.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.86% | 18.93% | +11.93% |
GRNJ vs. VO - Expense Ratio Comparison
GRNJ has a 0.75% expense ratio, which is higher than VO's 0.03% expense ratio.
Dividends
GRNJ vs. VO - Dividend Comparison
GRNJ has not paid dividends to shareholders, while VO's dividend yield for the trailing twelve months is around 1.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
VO Vanguard Mid-Cap ETF | 1.36% | 1.52% | 1.49% | 1.52% | 1.60% | 1.12% | 1.45% | 1.48% | 1.82% | 1.35% | 1.45% | 1.47% |
Frequently Asked Questions
GRNJ and VO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VO is cheaper with a 0.03% expense ratio, compared with 0.75% for GRNJ.
VO has the higher dividend yield at 1.36%, compared with 0.00% for GRNJ.
They also come from different issuers: Fundstrat and Vanguard. Their fees differ too: 0.75% for GRNJ and 0.03% for VO.
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