GXLC vs. GRNY

Last updated Jun 13, 2026

GXLC (Global X U.S. 500 ETF) and GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) are both Large Cap Blend Equities funds. GXLC is passively managed, while GRNY is actively managed. Their correlation of 0.91 suggests significant overlap in exposure. GXLC charges 0.02%/yr vs 0.75%/yr for GRNY.

Performance

GXLC vs. GRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 ETF (GXLC) and Fundstrat Granny Shots U.S. Large Cap ETF (GRNY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXLC achieves a 9.00% return, which is significantly lower than GRNY's 9.85% return.

GXLC

• 1D: 0.44%
• 1M: 0.02%
• YTD: 9.00%
• 6M: 9.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRNY

• 1D: 1.15%
• 1M: 0.85%
• YTD: 9.85%
• 6M: 8.71%
• 1Y: 26.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXLC vs. GRNY - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	9.00%	3.22%
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	9.85%	-1.16%

Correlation

The correlation between GXLC and GRNY is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.91

Return for Risk

GXLC vs. GRNY — Risk / Return Rank

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

GXLC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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

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.

GXLC vs. GRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and Fundstrat Granny Shots U.S. Large Cap ETF (GRNY). 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.

	GXLC	GRNY	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

GXLC vs. GRNY - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, smaller than the maximum GRNY drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for GXLC and GRNY.

Drawdown Indicators

	GXLC	GRNY	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-24.18%	+15.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.63%	—
Current Drawdown Current decline from peak	-2.43%	-2.02%	-0.41%
Average Drawdown Average peak-to-trough decline	-1.53%	-3.99%	+2.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.83%	—

Volatility

Volatility by Period

	GXLC	GRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.67%	18.03%	-4.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.67%	23.21%	-9.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.67%	23.21%	-9.54%

GXLC vs. GRNY - Expense Ratio Comparison

GXLC has a 0.02% expense ratio, which is lower than GRNY's 0.75% expense ratio.

Dividends

GXLC vs. GRNY - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.64%, while GRNY has not paid dividends to shareholders.

Position	TTM	2025
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	0.00%	0.00%
GXLC Global X U.S. 500 ETF	0.64%	0.30%

Frequently Asked Questions

Can I hold both GXLC and GRNY in my portfolio?

With a correlation of 0.91, GXLC and GRNY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GXLC or GRNY?

On fees, GXLC is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXLC or GRNY?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.75% for GRNY.

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

GXLC has the higher dividend yield at 0.64%, compared with 0.00% for GRNY.

What is the main difference between GXLC and GRNY?

They also come from different issuers: Global X and Tidal ETFs. Their fees differ too: 0.02% for GXLC and 0.75% for GRNY.