SIXL vs. GRNJ

Last updated Apr 1, 2026

Compare and contrast key facts about ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ).

SIXL and GRNJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXL is an actively managed fund by Exchange Traded Concepts. It was launched on May 11, 2020. GRNJ is an actively managed fund by Fundstrat. It was launched on Nov 17, 2025.

Performance

SIXL vs. GRNJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ). The values are adjusted to include any dividend payments, if applicable.

SIXL vs. GRNJ - Yearly Performance Comparison

	2026 (YTD)	2025
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF	4.48%	-0.58%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	-2.11%	5.14%

Returns By Period

In the year-to-date period, SIXL achieves a 4.48% return, which is significantly higher than GRNJ's -2.11% return.

SIXL

• 1D: 0.42%
• 1M: -4.69%
• YTD: 4.48%
• 6M: 2.87%
• 1Y: 2.42%
• 3Y*: 7.20%
• 5Y*: 4.17%
• 10Y*: —

GRNJ

• 1D: 5.00%
• 1M: -7.92%
• YTD: -2.11%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIXL vs. GRNJ - Expense Ratio Comparison

SIXL has a 0.47% expense ratio, which is lower than GRNJ's 0.75% expense ratio.

GRNJ

Fundstrat Granny Shots US Small- & Mid-Cap ETF

SIXL

ETC 6 Meridian Low Beta Equity Strategy ETF

Return for Risk

SIXL vs. GRNJ — Risk / Return Rank

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

SIXL

SIXL Risk / Return Rank: 17
SIXL Sharpe Ratio Rank: 17
SIXL Sortino Ratio Rank: 15
SIXL Omega Ratio Rank: 15
SIXL Calmar Ratio Rank: 19
SIXL Martin Ratio Rank: 20

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.

SIXL vs. GRNJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) 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.

	SIXL	GRNJ	Difference
Sharpe ratio Return per unit of total volatility	0.20	—	—
Sortino ratio Return per unit of downside risk	0.36	—	—
Omega ratio Gain probability vs. loss probability	1.05	—	—
Calmar ratio Return relative to maximum drawdown	0.37	—	—
Martin ratio Return relative to average drawdown	1.19	—	—
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

	SIXL	GRNJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.27	+0.39

Correlation

The correlation between SIXL and GRNJ is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SIXL vs. GRNJ - Dividend Comparison

SIXL's dividend yield for the trailing twelve months is around 2.37%, while GRNJ has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
SIXL ETC 6 Meridian Low Beta Equity Strategy ETF	2.37%	2.31%	1.28%	1.48%	1.45%	0.67%	0.40%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SIXL vs. GRNJ - Drawdown Comparison

The maximum SIXL drawdown since its inception was -16.08%, smaller than the maximum GRNJ drawdown of -17.32%. Use the drawdown chart below to compare losses from any high point for SIXL and GRNJ.

Drawdown Indicators

	SIXL	GRNJ	Difference
Max Drawdown Largest peak-to-trough decline	-16.08%	-17.32%	+1.24%
Max Drawdown (1Y) Largest decline over 1 year	-8.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.08%	—	—
Current Drawdown Current decline from peak	-5.07%	-13.19%	+8.12%
Average Drawdown Average peak-to-trough decline	-4.60%	-4.81%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	—	—

Volatility

Volatility by Period

	SIXL	GRNJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.15%	31.70%	-19.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.14%	31.70%	-19.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.64%	31.70%	-19.06%