GRNY vs. PLTR
GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) is Large Cap Blend Equities fund actively managed by Tidal ETFs, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, GRNY returned 26.59% vs 6.85% for PLTR. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
GRNY vs. PLTR - 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 PLTR's -23.22% return.
GRNY
- 1D
- 0.52%
- 1M
- 0.19%
- YTD
- 9.21%
- 6M
- 7.56%
- 1Y
- 26.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- 0.69%
- 1M
- -0.97%
- YTD
- -23.22%
- 6M
- -24.81%
- 1Y
- 6.85%
- 3Y*
- 108.67%
- 5Y*
- 41.37%
- 10Y*
- —
GRNY vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GRNY Fundstrat Granny Shots U.S. Large Cap ETF | 9.21% | 24.05% | -1.09% |
PLTR Palantir Technologies Inc. | -23.22% | 135.03% | 35.34% |
Correlation
The correlation between GRNY and PLTR is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2024 | 0.63 |
The correlation between GRNY and PLTR has been stable across timeframes, ranging from 0.58 to 0.63 - a consistent structural relationship.
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Return for Risk
GRNY vs. PLTR — Risk / Return Rank
GRNY
PLTR
GRNY vs. PLTR - 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 Palantir Technologies Inc. (PLTR). 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 | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.07 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 0.18 | +2.12 |
| Martin ratioReturn relative to average drawdown | 7.00 | 0.33 | +6.67 |
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 | PLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.14 | +1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.86 | +0.03 |
Drawdowns
GRNY vs. PLTR - Drawdown Comparison
The maximum GRNY drawdown since its inception was -24.18%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for GRNY and PLTR.
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Drawdown Indicators
| GRNY | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.18% | -84.62% | +60.44% |
Max Drawdown (1Y)Largest decline over 1 year | -11.63% | -38.19% | +26.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -40.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -79.14% | — |
Current DrawdownCurrent decline from peak | -2.59% | -34.13% | +31.54% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -40.29% | +36.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 20.71% | -16.90% |
Volatility
GRNY vs. PLTR - Volatility Comparison
The current volatility for Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) is 5.02%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.24%. This indicates that GRNY experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRNY | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 17.24% | -12.22% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 38.35% | -25.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.86% | 50.93% | -33.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.25% | 65.44% | -42.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.25% | 69.81% | -46.56% |
Dividends
GRNY vs. PLTR - Dividend Comparison
Neither GRNY nor PLTR has paid dividends to shareholders.
Frequently Asked Questions
GRNY and PLTR have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (17.24%) compared to GRNY (5.02%). In terms of maximum drawdown, GRNY dropped -24.18% vs PLTR's -84.62%.
GRNY currently has the higher Sharpe Ratio (1.50 vs 0.14), 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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