GRNJ vs. YCS

Last updated Jun 24, 2026

GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - GRNJ is a Mid Cap Blend Equities fund actively managed by Fundstrat, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). GRNJ is actively managed, while YCS is passively managed. At a correlation of -0.22, they often move in opposite directions. GRNJ charges 0.75%/yr vs 1.00%/yr for YCS.

Performance

GRNJ vs. YCS - 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 ProShares UltraShort Yen (YCS). 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 YCS's 9.63% return.

GRNJ

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

YCS

• 1D: -0.14%
• 1M: 3.57%
• YTD: 9.63%
• 6M: 10.44%
• 1Y: 31.27%
• 3Y*: 18.37%
• 5Y*: 23.52%
• 10Y*: 13.62%

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

GRNJ vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	22.19%	6.02%
YCS ProShares UltraShort Yen	9.63%	2.77%

Correlation

The correlation between GRNJ and YCS is -0.22, 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	-0.22

Return for Risk

GRNJ vs. YCS — 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.

YCS

YCS Risk / Return Rank: 63
YCS Sharpe Ratio Rank: 58
YCS Sortino Ratio Rank: 51
YCS Omega Ratio Rank: 59
YCS Calmar Ratio Rank: 77
YCS Martin Ratio Rank: 69

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. YCS - 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 ProShares UltraShort Yen (YCS). 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	YCS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.86	—
Sortino ratio: Return per unit of downside risk	—	2.36	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.78	—
Martin ratio: Return relative to average drawdown	—	11.93	—

Drawdowns

GRNJ vs. YCS - Drawdown Comparison

The maximum GRNJ drawdown since its inception was -17.32%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for GRNJ and YCS.

Drawdown Indicators

	GRNJ	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-17.32%	-49.56%	+32.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-4.23%	-0.14%	-4.09%
Average Drawdown Average peak-to-trough decline	-4.09%	-19.87%	+15.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.65%	—

Volatility

Volatility by Period

	GRNJ	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.86%	16.93%	+13.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.86%	21.10%	+9.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.86%	18.82%	+12.04%

GRNJ vs. YCS - Expense Ratio Comparison

GRNJ has a 0.75% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

GRNJ vs. YCS - Dividend Comparison

Neither GRNJ nor YCS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GRNJ and YCS in my portfolio?

GRNJ and YCS have a correlation of -0.22, 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 YCS?

On fees, GRNJ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNJ or YCS?

GRNJ is cheaper with a 0.75% expense ratio, compared with 1.00% for YCS.

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

GRNJ and YCS have nearly identical dividend yields, around 0.00%.

What is the main difference between GRNJ and YCS?

GRNJ is categorized as Mid Cap Blend Equities, while YCS is Leveraged Currency. They also come from different issuers: Fundstrat and ProShares. Their fees differ too: 0.75% for GRNJ and 1.00% for YCS.