IMCB vs. GRNJ
IMCB (iShares Morningstar Mid-Cap ETF) and GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) are both Mid Cap Blend Equities funds. IMCB is passively managed, while GRNJ is actively managed. A 0.78 correlation means they provide meaningful diversification when combined. IMCB charges 0.04%/yr vs 0.75%/yr for GRNJ.
Performance
IMCB vs. GRNJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IMCB achieves a 17.96% return, which is significantly higher than GRNJ's 11.94% return.
IMCB
- 1D
- 0.48%
- 1M
- 1.62%
- 6M
- 13.19%
- YTD
- 17.96%
- 1Y
- 23.04%
- 3Y*
- 16.05%
- 5Y*
- 9.76%
- 10Y*
- 11.29%
GRNJ
- 1D
- -2.56%
- 1M
- -9.29%
- 6M
- 0.63%
- YTD
- 11.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IMCB vs. GRNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IMCB iShares Morningstar Mid-Cap ETF | 17.96% | 3.50% |
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF | 11.94% | 6.02% |
Correlation
The correlation between IMCB and GRNJ is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.78 |
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
IMCB vs. GRNJ — Risk / Return Rank
IMCB
GRNJ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IMCB vs. GRNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Mid-Cap ETF (IMCB) and Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). 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.
| IMCB | GRNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | — | — |
| Martin ratioReturn relative to average drawdown | 11.29 | — | — |
Loading charts...
Drawdowns
IMCB vs. GRNJ - Drawdown Comparison
The maximum IMCB drawdown since its inception was -58.80%, which is greater than GRNJ's maximum drawdown of -17.32%. Use the drawdown chart below to compare losses from any high point for IMCB and GRNJ.
Loading charts...
Drawdown Indicators
| IMCB | GRNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.80% | -17.32% | -41.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.80% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | — | — |
Current DrawdownCurrent decline from peak | -0.16% | -12.27% | +12.11% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -4.42% | -3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | — | — |
Volatility
IMCB vs. GRNJ - Volatility Comparison
Loading charts...
Volatility by Period
| IMCB | GRNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.04% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.11% | 30.47% | -17.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.61% | 30.47% | -12.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.60% | 30.47% | -10.87% |
IMCB vs. GRNJ - Expense Ratio Comparison
IMCB has a 0.04% expense ratio, which is lower than GRNJ's 0.75% expense ratio.
Dividends
IMCB vs. GRNJ - Dividend Comparison
IMCB's dividend yield for the trailing twelve months is around 1.21%, while GRNJ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IMCB iShares Morningstar Mid-Cap ETF | 1.21% | 1.42% | 1.43% | 1.55% | 1.70% | 1.08% | 1.12% | 1.32% | 1.80% | 1.31% | 1.79% | 1.47% |
Frequently Asked Questions
IMCB and GRNJ have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMCB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMCB is cheaper with a 0.04% expense ratio, compared with 0.75% for GRNJ.
IMCB has the higher dividend yield at 1.21%, compared with 0.00% for GRNJ.
They also come from different issuers: iShares and Fundstrat. Their fees differ too: 0.04% for IMCB and 0.75% for GRNJ.
Find the right allocation for IMCB and GRNJ
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