GRNY vs. WSO
GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) is Large Cap Blend Equities fund actively managed by Tidal ETFs, while WSO (Watsco, Inc.) is a stock. Over the past year, GRNY returned 17.27% vs -18.61% for WSO. At a 0.38 correlation, their price movements are largely independent.
Performance
GRNY vs. WSO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GRNY achieves a 9.98% return, which is significantly lower than WSO's 12.76% return.
GRNY
- 1D
- -0.37%
- 1M
- -0.94%
- 6M
- 5.26%
- YTD
- 9.98%
- 1Y
- 17.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.76%
WSO
- 1D
- -0.31%
- 1M
- -6.75%
- 6M
- -1.21%
- YTD
- 12.76%
- 1Y
- -18.61%
- 3Y*
- 3.14%
- 5Y*
- 8.71%
- 10Y*
- 13.43%
- ALL TIME*
- 15.78%
GRNY vs. WSO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GRNY Fundstrat Granny Shots U.S. Large Cap ETF | 9.98% | 24.05% | -0.45% |
WSO Watsco, Inc. | 12.76% | -27.02% | -8.31% |
Correlation
The correlation between GRNY and WSO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024 | 0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GRNY vs. WSO — Risk / Return Rank
GRNY
WSO
GRNY vs. WSO - 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 Watsco, Inc. (WSO). 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 | WSO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.93 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | -0.56 | +2.05 |
| Martin ratioReturn relative to average drawdown | 4.48 | -0.91 | +5.39 |
Loading charts...
Drawdowns
GRNY vs. WSO - Drawdown Comparison
The maximum GRNY drawdown since its inception was -24.18%, smaller than the maximum WSO drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for GRNY and WSO.
Loading charts...
Drawdown Indicators
| GRNY | WSO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.18% | -64.30% | +40.12% |
Max Drawdown (1Y)Largest decline over 1 year | -11.63% | -33.42% | +21.79% |
Max Drawdown (3Y)Largest decline over 3 years | — | -41.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -41.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.62% | — |
Current DrawdownCurrent decline from peak | -2.68% | -31.43% | +28.75% |
Average DrawdownAverage peak-to-trough decline | -3.84% | -18.08% | +14.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 20.55% | -16.69% |
Volatility
GRNY vs. WSO - Volatility Comparison
The current volatility for Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) is 4.09%, while Watsco, Inc. (WSO) has a volatility of 9.77%. This indicates that GRNY experiences smaller price fluctuations and is considered to be less risky than WSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GRNY | WSO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 9.77% | -5.68% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 23.12% | -10.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.06% | 32.38% | -14.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 30.39% | -7.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 27.94% | -5.14% |
Dividends
GRNY vs. WSO - Dividend Comparison
GRNY's dividend yield for the trailing twelve months is around 0.07%, less than WSO's 3.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRNY Fundstrat Granny Shots U.S. Large Cap ETF | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WSO Watsco, Inc. | 3.40% | 3.47% | 2.23% | 2.29% | 3.43% | 2.44% | 3.06% | 3.55% | 4.02% | 2.71% | 2.43% | 2.39% |
Frequently Asked Questions
GRNY and WSO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WSO has higher volatility (9.77%) compared to GRNY (4.09%). In terms of maximum drawdown, GRNY dropped -24.18% vs WSO's -64.30%.
GRNY currently has the higher Sharpe Ratio (0.96 vs -0.58), 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.
Find the right allocation for GRNY and WSO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer