GRNY vs. GRNJ

Last updated Jun 26, 2026

GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) and GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) are both exchange-traded funds - GRNY is a Large Cap Blend Equities fund actively managed by Tidal ETFs, while GRNJ is a Mid Cap Blend Equities fund actively managed by Fundstrat. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

GRNY vs. GRNJ - 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 Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRNY achieves a 8.93% return, which is significantly lower than GRNJ's 21.37% return.

GRNY

• 1D: 0.30%
• 1M: -1.17%
• YTD: 8.93%
• 6M: 6.47%
• 1Y: 21.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRNJ

• 1D: 0.13%
• 1M: -0.99%
• YTD: 21.37%
• 6M: 16.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNY vs. GRNJ - Yearly Performance Comparison

	2026 (YTD)	2025
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	8.93%	1.98%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	21.37%	6.02%

Correlation

The correlation between GRNY and GRNJ is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.88

Return for Risk

GRNY vs. GRNJ — Risk / Return Rank

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

GRNY

GRNY Risk / Return Rank: 38
GRNY Sharpe Ratio Rank: 38
GRNY Sortino Ratio Rank: 35
GRNY Omega Ratio Rank: 34
GRNY Calmar Ratio Rank: 43
GRNY Martin Ratio Rank: 40

GRNJ

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

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. GRNJ - 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 Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). 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.

	GRNY	GRNJ	Difference
Sharpe ratio: Return per unit of total volatility	1.21	—	—
Sortino ratio: Return per unit of downside risk	1.69	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.87	—	—
Martin ratio: Return relative to average drawdown	5.66	—	—

Drawdowns

GRNY vs. GRNJ - Drawdown Comparison

The maximum GRNY drawdown since its inception was -24.18%, which is greater than GRNJ's maximum drawdown of -17.32%. Use the drawdown chart below to compare losses from any high point for GRNY and GRNJ.

Drawdown Indicators

	GRNY	GRNJ	Difference
Max Drawdown Largest peak-to-trough decline	-24.18%	-17.32%	-6.86%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	—	—
Current Drawdown Current decline from peak	-2.85%	-4.88%	+2.03%
Average Drawdown Average peak-to-trough decline	-3.95%	-4.10%	+0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.85%	—	—

Volatility

Volatility by Period

	GRNY	GRNJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.96%	30.68%	-12.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.08%	30.68%	-7.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.08%	30.68%	-7.60%

GRNY vs. GRNJ - Expense Ratio Comparison

Both GRNY and GRNJ have an expense ratio of 0.75%.

Dividends

GRNY vs. GRNJ - Dividend Comparison

Neither GRNY nor GRNJ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GRNY and GRNJ in my portfolio?

GRNY and GRNJ have a correlation of 0.88, 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 GRNJ?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRNY or GRNJ?

GRNY and GRNJ have the same expense ratio: 0.75% per year.

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

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

What is the main difference between GRNY and GRNJ?

GRNY is categorized as Large Cap Blend Equities, while GRNJ is Mid Cap Blend Equities. They also come from different issuers: Tidal ETFs and Fundstrat.