GRNY vs. USD=X

Last updated Jun 14, 2026

GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) is Large Cap Blend Equities fund actively managed by Tidal ETFs, while USD=X (USD Cash) is a currency. Over the past year, GRNY returned 27.52% vs 0.00% for USD=X.

Performance

GRNY vs. USD=X - 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 USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GRNY

• 1D: 1.15%
• 1M: 1.57%
• YTD: 9.85%
• 6M: 8.71%
• 1Y: 27.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USD=X

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 0.00%
• 5Y*: 0.00%
• 10Y*: 0.00%

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

GRNY vs. USD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	9.85%	24.05%	-0.45%
USD=X USD Cash	0.00%	0.00%	0.00%

Return for Risk

GRNY vs. USD=X — 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: 49
GRNY Sortino Ratio Rank: 44
GRNY Omega Ratio Rank: 44
GRNY Calmar Ratio Rank: 52
GRNY Martin Ratio Rank: 48

USD=X

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. USD=X - 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 USD Cash (USD=X). 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	USD=X	Difference
Sharpe ratio: Return per unit of total volatility	1.48	—	—
Sortino ratio: Return per unit of downside risk	2.01	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.30	—	—
Martin ratio: Return relative to average drawdown	6.95	—	—

Drawdowns

GRNY vs. USD=X - Drawdown Comparison

The maximum GRNY drawdown since its inception was -24.18%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GRNY and USD=X.

Drawdown Indicators

	GRNY	USD=X	Difference
Max Drawdown Largest peak-to-trough decline	-24.18%	0.00%	-24.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	0.00%	-11.63%
Max Drawdown (3Y) Largest decline over 3 years	—	0.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	0.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	0.00%	—
Current Drawdown Current decline from peak	-2.02%	0.00%	-2.02%
Average Drawdown Average peak-to-trough decline	-3.99%	0.00%	-3.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	0.00%	+3.83%

Volatility

GRNY vs. USD=X - Volatility Comparison

Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) has a higher volatility of 5.55% compared to USD Cash (USD=X) at 0.00%. This indicates that GRNY's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRNY	USD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	0.00%	+5.55%
Volatility (6M) Calculated over the trailing 6-month period	13.31%	0.00%	+13.31%
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	0.00%	+18.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.21%	0.00%	+23.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.21%	0.00%	+23.21%

Frequently Asked Questions

Which is riskier, GRNY or USD=X?

GRNY has higher volatility (5.55%) compared to USD=X (0.00%). In terms of maximum drawdown, GRNY dropped -24.18% vs USD=X's 0.00%.