GRNY vs. BUFH

Last updated Jun 4, 2026

GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) and BUFH (FT Vest Laddered Max Buffer ETF) are both exchange-traded funds - GRNY is a Large Cap Blend Equities fund actively managed by Tidal ETFs, while BUFH is a Defined Outcome fund managed by First Trust. A 0.67 correlation means they provide meaningful diversification when combined. GRNY charges 0.75%/yr vs 0.95%/yr for BUFH.

Performance

GRNY vs. BUFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) and FT Vest Laddered Max Buffer ETF (BUFH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRNY achieves a 11.15% return, which is significantly higher than BUFH's 2.45% return.

GRNY

• 1D: -0.76%
• 1M: 3.30%
• YTD: 11.15%
• 6M: 9.73%
• 1Y: 29.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUFH

• 1D: -0.05%
• 1M: 0.75%
• YTD: 2.45%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNY vs. BUFH - Yearly Performance Comparison

	2026 (YTD)	2025
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	11.15%	11.73%
BUFH FT Vest Laddered Max Buffer ETF	2.45%	3.89%

Correlation

The correlation between GRNY and BUFH is 0.67, 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 Jun 26, 2025	0.67

Return for Risk

GRNY vs. BUFH — Risk / Return Rank

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

GRNY

GRNY Risk / Return Rank: 47
GRNY Sharpe Ratio Rank: 48
GRNY Sortino Ratio Rank: 45
GRNY Omega Ratio Rank: 44
GRNY Calmar Ratio Rank: 51
GRNY Martin Ratio Rank: 47

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.

GRNY vs. BUFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) and FT Vest Laddered Max Buffer ETF (BUFH). 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.

	GRNY	BUFH	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.57	—	—
Martin ratio: Return relative to average drawdown	7.85	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GRNY	BUFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	2.91	-1.95

Drawdowns

GRNY vs. BUFH - Drawdown Comparison

The maximum GRNY drawdown since its inception was -24.18%, which is greater than BUFH's maximum drawdown of -1.53%. Use the drawdown chart below to compare losses from any high point for GRNY and BUFH.

Drawdown Indicators

	GRNY	BUFH	Difference
Max Drawdown Largest peak-to-trough decline	-24.18%	-1.53%	-22.65%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	—	—
Current Drawdown Current decline from peak	-0.76%	-0.05%	-0.71%
Average Drawdown Average peak-to-trough decline	-4.03%	-0.18%	-3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	—	—

Volatility

Volatility by Period

	GRNY	BUFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.59%	2.37%	+15.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.19%	2.37%	+20.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.19%	2.37%	+20.82%

GRNY vs. BUFH - Expense Ratio Comparison

GRNY has a 0.75% expense ratio, which is lower than BUFH's 0.95% expense ratio.

Dividends

GRNY vs. BUFH - Dividend Comparison

Neither GRNY nor BUFH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GRNY and BUFH in my portfolio?

GRNY and BUFH have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRNY or BUFH?

On fees, GRNY 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, GRNY or BUFH?

GRNY is cheaper with a 0.75% expense ratio, compared with 0.95% for BUFH.

Which ETF pays a higher dividend yield, GRNY or BUFH?

GRNY and BUFH have nearly identical dividend yields, around 0.00%.

What is the main difference between GRNY and BUFH?

GRNY is categorized as Large Cap Blend Equities, while BUFH is Defined Outcome. They also come from different issuers: Tidal ETFs and First Trust. Their fees differ too: 0.75% for GRNY and 0.95% for BUFH.