GRNY vs. NVR
GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) is Large Cap Blend Equities fund actively managed by Tidal ETFs, while NVR (NVR, Inc.) is a stock. Over the past year, GRNY returned 26.59% vs -13.00% for NVR. At a 0.23 correlation, their price movements are largely independent.
Performance
GRNY vs. NVR - Performance Comparison
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Returns By Period
In the year-to-date period, GRNY achieves a 9.21% return, which is significantly higher than NVR's -15.11% return.
GRNY
- 1D
- 0.52%
- 1M
- 0.19%
- YTD
- 9.21%
- 6M
- 7.56%
- 1Y
- 26.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVR
- 1D
- 0.14%
- 1M
- 3.63%
- YTD
- -15.11%
- 6M
- -16.77%
- 1Y
- -13.00%
- 3Y*
- 2.09%
- 5Y*
- 5.25%
- 10Y*
- 13.65%
GRNY vs. NVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GRNY Fundstrat Granny Shots U.S. Large Cap ETF | 9.21% | 24.05% | -1.09% |
NVR NVR, Inc. | -15.11% | -10.83% | -11.30% |
Correlation
The correlation between GRNY and NVR is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2024 | 0.23 |
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Return for Risk
GRNY vs. NVR — Risk / Return Rank
GRNY
NVR
GRNY vs. NVR - 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 NVR, Inc. (NVR). 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 | NVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.98 | ||
| Sortino ratioReturn per unit of downside risk | +2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.94 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | -0.37 | +2.67 |
| Martin ratioReturn relative to average drawdown | 7.00 | -0.84 | +7.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GRNY | NVR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | -0.48 | +1.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.19 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.05 | +0.84 |
Drawdowns
GRNY vs. NVR - Drawdown Comparison
The maximum GRNY drawdown since its inception was -24.18%, smaller than the maximum NVR drawdown of -96.47%. Use the drawdown chart below to compare losses from any high point for GRNY and NVR.
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Drawdown Indicators
| GRNY | NVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.18% | -96.47% | +72.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.63% | -34.88% | +23.25% |
Max Drawdown (3Y)Largest decline over 3 years | — | -43.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.94% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.13% | — |
Current DrawdownCurrent decline from peak | -2.59% | -37.62% | +35.03% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -23.55% | +19.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 15.45% | -11.64% |
Volatility
GRNY vs. NVR - Volatility Comparison
The current volatility for Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) is 5.02%, while NVR, Inc. (NVR) has a volatility of 6.50%. This indicates that GRNY experiences smaller price fluctuations and is considered to be less risky than NVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRNY | NVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 6.50% | -1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 19.81% | -6.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.86% | 27.21% | -9.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.25% | 27.54% | -4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.25% | 31.95% | -8.70% |
Dividends
GRNY vs. NVR - Dividend Comparison
Neither GRNY nor NVR has paid dividends to shareholders.
Frequently Asked Questions
GRNY and NVR have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVR has higher volatility (6.50%) compared to GRNY (5.02%). In terms of maximum drawdown, GRNY dropped -24.18% vs NVR's -96.47%.
GRNY currently has the higher Sharpe Ratio (1.50 vs -0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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