OAIM vs. GRNY

Last updated Jul 15, 2026

OAIM (OneAscent International Equity ETF) and GRNY (Fundstrat Granny Shots U.S. Large Cap ETF) are both exchange-traded funds - OAIM is a Foreign Large Cap Equities fund actively managed by Oneascent, while GRNY is a Large Cap Blend Equities fund actively managed by Tidal ETFs. Both are actively managed. Over the past year, OAIM returned 23.20% vs 21.68% for GRNY. A 0.66 correlation means they provide meaningful diversification when combined. OAIM charges 0.95%/yr vs 0.75%/yr for GRNY.

Performance

OAIM vs. GRNY - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with OAIM having a 12.77% return and GRNY slightly lower at 12.44%.

OAIM

• 1D: 1.24%
• 1M: -1.23%
• 6M: 9.77%
• YTD: 12.77%
• 1Y: 23.20%
• 3Y*: 16.16%
• 5Y*: —
• 10Y*: —

GRNY

• 1D: 0.72%
• 1M: 2.36%
• 6M: 7.79%
• YTD: 12.44%
• 1Y: 21.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OAIM vs. GRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OAIM OneAscent International Equity ETF	12.77%	30.12%	-1.25%
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	12.44%	24.05%	-0.45%

Correlation

The correlation between OAIM and GRNY is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Nov 7, 2024	0.66

The correlation between OAIM and GRNY has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.

Return for Risk

OAIM vs. GRNY — Risk / Return Rank

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

OAIM

OAIM Risk / Return Rank: 50
OAIM Sharpe Ratio Rank: 47
OAIM Sortino Ratio Rank: 45
OAIM Omega Ratio Rank: 49
OAIM Calmar Ratio Rank: 53
OAIM Martin Ratio Rank: 56

GRNY

GRNY Risk / Return Rank: 42
GRNY Sharpe Ratio Rank: 43
GRNY Sortino Ratio Rank: 40
GRNY Omega Ratio Rank: 38
GRNY Calmar Ratio Rank: 47
GRNY Martin Ratio Rank: 44

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.

OAIM vs. GRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent International Equity ETF (OAIM) 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.

	OAIM	GRNY	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.21	+0.12
Sortino ratio: Return per unit of downside risk	1.85	1.69	+0.16
Omega ratio: Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio: Return relative to maximum drawdown	2.14	1.87	+0.27
Martin ratio: Return relative to average drawdown	7.67	5.64	+2.03

OAIM vs. GRNY - Sharpe Ratio Comparison

The current OAIM Sharpe Ratio is 1.33, which is comparable to the GRNY Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of OAIM and GRNY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OAIM vs. GRNY - Drawdown Comparison

The maximum OAIM drawdown since its inception was -14.69%, smaller than the maximum GRNY drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for OAIM and GRNY.

Drawdown Indicators

	OAIM	GRNY	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-24.18%	+9.49%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-11.63%	+0.75%
Max Drawdown (3Y) Largest decline over 3 years	-14.69%	—	—
Current Drawdown Current decline from peak	-4.27%	-0.50%	-3.77%
Average Drawdown Average peak-to-trough decline	-2.80%	-3.86%	+1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	3.85%	-0.82%

Volatility

OAIM vs. GRNY - Volatility Comparison

OneAscent International Equity ETF (OAIM) has a higher volatility of 6.89% compared to Fundstrat Granny Shots U.S. Large Cap ETF (GRNY) at 4.31%. This indicates that OAIM's price experiences larger fluctuations and is considered to be riskier than GRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAIM	GRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.89%	4.31%	+2.58%
Volatility (6M) Calculated over the trailing 6-month period	15.78%	12.99%	+2.79%
Volatility (1Y) Calculated over the trailing 1-year period	17.52%	18.01%	-0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.24%	22.87%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.24%	22.87%	-5.63%

OAIM vs. GRNY - Expense Ratio Comparison

OAIM has a 0.95% expense ratio, which is higher than GRNY's 0.75% expense ratio.

Dividends

OAIM vs. GRNY - Dividend Comparison

OAIM's dividend yield for the trailing twelve months is around 0.87%, more than GRNY's 0.07% yield.

Position	TTM	2025	2024	2023	2022
GRNY Fundstrat Granny Shots U.S. Large Cap ETF	0.07%	0.00%	0.00%	0.00%	0.00%
OAIM OneAscent International Equity ETF	0.87%	0.98%	2.40%	1.94%	0.60%

Frequently Asked Questions

Can I hold both OAIM and GRNY in my portfolio?

OAIM and GRNY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OAIM or GRNY?

OAIM has higher volatility (6.89%) compared to GRNY (4.31%). In terms of maximum drawdown, OAIM dropped -14.69% vs GRNY's -24.18%.

Which ETF is better, OAIM or GRNY?

On 1-year performance, OAIM leads with 23.20% vs 21.68% for GRNY. On fees, GRNY is cheaper at 0.75% per year. On volatility, GRNY has been the lower-risk option at 4.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OAIM or GRNY?

Over the 1-year period, OAIM has performed better with a 23.20% return vs 21.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OAIM or GRNY?

GRNY is cheaper with a 0.75% expense ratio, compared with 0.95% for OAIM.

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

OAIM has the higher dividend yield at 0.87%, compared with 0.07% for GRNY.

What is the main difference between OAIM and GRNY?

OAIM is categorized as Foreign Large Cap Equities, while GRNY is Large Cap Blend Equities. They also come from different issuers: Oneascent and Tidal ETFs. Their fees differ too: 0.95% for OAIM and 0.75% for GRNY.

Which has better risk-adjusted returns?

OAIM currently has the higher Sharpe Ratio (1.33 vs 1.21), 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.