LOGO vs. GRNJ

Last updated Jun 4, 2026

LOGO (Alpha Brands Consumption Leaders ETF) and GRNJ (Fundstrat Granny Shots US Small- & Mid-Cap ETF) are both Mid Cap Blend Equities funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. LOGO charges 0.69%/yr vs 0.75%/yr for GRNJ.

Performance

LOGO vs. GRNJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Brands Consumption Leaders ETF (LOGO) and Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LOGO achieves a -4.57% return, which is significantly lower than GRNJ's 26.11% return.

LOGO

• 1D: -5.22%
• 1M: -2.53%
• YTD: -4.57%
• 6M: -5.00%
• 1Y: -0.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRNJ

• 1D: -1.17%
• 1M: 8.92%
• YTD: 26.11%
• 6M: 25.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LOGO vs. GRNJ - Yearly Performance Comparison

	2026 (YTD)	2025
LOGO Alpha Brands Consumption Leaders ETF	-4.57%	2.43%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	26.11%	5.14%

Correlation

The correlation between LOGO and GRNJ is 0.66, 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 19, 2025	0.66

Return for Risk

LOGO vs. GRNJ — Risk / Return Rank

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

LOGO

LOGO Risk / Return Rank: 9
LOGO Sharpe Ratio Rank: 9
LOGO Sortino Ratio Rank: 8
LOGO Omega Ratio Rank: 8
LOGO Calmar Ratio Rank: 9
LOGO Martin Ratio Rank: 9

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.

LOGO vs. GRNJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Brands Consumption Leaders ETF (LOGO) 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.

	LOGO	GRNJ	Difference
Sharpe ratio: Return per unit of total volatility	-0.04	—	—
Sortino ratio: Return per unit of downside risk	0.05	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	-0.03	—	—
Martin ratio: Return relative to average drawdown	-0.08	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LOGO	GRNJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	2.35	-2.31

Drawdowns

LOGO vs. GRNJ - Drawdown Comparison

The maximum LOGO drawdown since its inception was -18.34%, which is greater than GRNJ's maximum drawdown of -17.32%. Use the drawdown chart below to compare losses from any high point for LOGO and GRNJ.

Drawdown Indicators

	LOGO	GRNJ	Difference
Max Drawdown Largest peak-to-trough decline	-18.34%	-17.32%	-1.02%
Max Drawdown (1Y) Largest decline over 1 year	-18.34%	—	—
Current Drawdown Current decline from peak	-11.04%	-1.17%	-9.87%
Average Drawdown Average peak-to-trough decline	-5.75%	-4.13%	-1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.36%	—	—

Volatility

Volatility by Period

	LOGO	GRNJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.91%	29.93%	-15.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.86%	29.93%	-15.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.86%	29.93%	-15.07%

LOGO vs. GRNJ - Expense Ratio Comparison

LOGO has a 0.69% expense ratio, which is lower than GRNJ's 0.75% expense ratio.

Dividends

LOGO vs. GRNJ - Dividend Comparison

Neither LOGO nor GRNJ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LOGO and GRNJ in my portfolio?

LOGO and GRNJ have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LOGO or GRNJ?

On fees, LOGO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LOGO or GRNJ?

LOGO is cheaper with a 0.69% expense ratio, compared with 0.75% for GRNJ.

Which ETF pays a higher dividend yield, LOGO or GRNJ?

LOGO and GRNJ have nearly identical dividend yields, around 0.00%.

What is the main difference between LOGO and GRNJ?

They also come from different issuers: Alpha Brands and Fundstrat. Their fees differ too: 0.69% for LOGO and 0.75% for GRNJ.