GRNY vs. SELV

Last updated Jul 15, 2026

GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, GRNY returned 21.68% vs 8.49% for SELV. At a 0.30 correlation, their price movements are largely independent. GRNY charges 0.75%/yr vs 0.15%/yr for SELV.

Performance

GRNY vs. SELV - 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 SEI Enhanced Low Volatility US Large Cap ETF (SELV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRNY achieves a 12.44% return, which is significantly higher than SELV's 2.97% return.

GRNY

• 1D: 0.72%
• 1M: 2.36%
• 6M: 7.79%
• YTD: 12.44%
• 1Y: 21.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SELV

• 1D: -1.61%
• 1M: 0.21%
• 6M: 2.08%
• YTD: 2.97%
• 1Y: 8.49%
• 3Y*: 10.83%
• 5Y*: —
• 10Y*: —

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

GRNY vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	12.44%	24.05%	-0.45%
SELV SEI Enhanced Low Volatility US Large Cap ETF	2.97%	12.86%	-2.02%

Correlation

The correlation between GRNY and SELV is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024	0.30

Over the past year, the correlation between GRNY and SELV has dropped to 0.10 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Return for Risk

GRNY vs. SELV — Risk / Return Rank

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

GRNY

GRNY Risk / Return Rank: 42
GRNY Sharpe Ratio Rank: 43
GRNY Sortino Ratio Rank: 40
GRNY Omega Ratio Rank: 38
GRNY Calmar Ratio Rank: 47
GRNY Martin Ratio Rank: 44

SELV

SELV Risk / Return Rank: 31
SELV Sharpe Ratio Rank: 30
SELV Sortino Ratio Rank: 29
SELV Omega Ratio Rank: 27
SELV Calmar Ratio Rank: 35
SELV Martin Ratio Rank: 32

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. SELV - 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 SEI Enhanced Low Volatility US Large Cap ETF (SELV). 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	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.21	0.91	+0.30
Sortino ratio: Return per unit of downside risk	1.69	1.34	+0.35
Omega ratio: Gain probability vs. loss probability	1.21	1.16	+0.05
Calmar ratio: Return relative to maximum drawdown	1.87	1.44	+0.43
Martin ratio: Return relative to average drawdown	5.64	3.84	+1.80

GRNY vs. SELV - Sharpe Ratio Comparison

The current GRNY Sharpe Ratio is 1.21, which is higher than the SELV Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of GRNY and SELV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GRNY vs. SELV - Drawdown Comparison

The maximum GRNY drawdown since its inception was -24.18%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for GRNY and SELV.

Drawdown Indicators

	GRNY	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-24.18%	-13.73%	-10.45%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	-5.92%	-5.71%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.94%	—
Current Drawdown Current decline from peak	-0.50%	-1.95%	+1.45%
Average Drawdown Average peak-to-trough decline	-3.86%	-2.37%	-1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.85%	2.22%	+1.63%

Volatility

GRNY vs. SELV - Volatility Comparison

Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) and SEI Enhanced Low Volatility US Large Cap ETF (SELV) have volatilities of 4.31% and 4.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRNY	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	4.22%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	12.99%	7.43%	+5.56%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	9.39%	+8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.87%	11.92%	+10.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.87%	11.92%	+10.95%

GRNY vs. SELV - Expense Ratio Comparison

GRNY has a 0.75% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

GRNY vs. SELV - Dividend Comparison

GRNY's dividend yield for the trailing twelve months is around 0.07%, less than SELV's 1.74% yield.

Position	TTM	2025	2024	2023	2022
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	0.07%	0.00%	0.00%	0.00%	0.00%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.74%	1.74%	1.77%	2.06%	1.26%

Frequently Asked Questions

Can I hold both GRNY and SELV in my portfolio?

GRNY and SELV have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GRNY or SELV?

GRNY has higher volatility (4.31%) compared to SELV (4.22%). In terms of maximum drawdown, GRNY dropped -24.18% vs SELV's -13.73%.

Which ETF is better, GRNY or SELV?

On 1-year performance, GRNY leads with 21.68% vs 8.49% for SELV. On fees, SELV is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GRNY or SELV?

Over the 1-year period, GRNY has performed better with a 21.68% return vs 8.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GRNY or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.75% for GRNY.

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

SELV has the higher dividend yield at 1.74%, compared with 0.07% for GRNY.

What is the main difference between GRNY and SELV?

They also come from different issuers: Tidal ETFs and SEI. Their fees differ too: 0.75% for GRNY and 0.15% for SELV.

Which has better risk-adjusted returns?

GRNY currently has the higher Sharpe Ratio (1.21 vs 0.91), 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.