GRNI vs SPY
GRNI vs SPY
Fundstrat Granny Shots US Large Cap & Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | GRNI | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.09% | |
| AUM | $55M | $789.1B | |
| Dividend Yield | 6.48% | 1.01% | |
| Holdings | 124 | 505 | |
| YTD Return | +9.70% | +13.28% | |
| 1Y Return | - | +23.94% | |
| 3Y Return (annualized) | - | +21.07% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -9.6% | -56.5% | |
| Fund Family | Fundstrat Capital | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 17, 2025 | Jan 22, 1993 |
GRNI vs SPY Performance
Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) is a ETF from Fundstrat Capital and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, GRNI is up 9.70% versus a gain of 13.28% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -9.6% for GRNI and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
GRNI charges 0.99% per year while SPY charges 0.09%. On a $10,000 position that is $99 vs $9 annually, a gap of $90 per year that compounds over a long holding period. On income, GRNI currently yields 6.48% against 1.01% for SPY.
Holdings Overlap
GRNI and SPY share 41 holdings out of 506 unique holdings combined, representing a 27.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GRNI | Weight in SPY | Difference |
|---|---|---|---|
| AAPL | 2.42% | 7.09% | 4.67% |
| NVDA | 2.14% | 7.31% | 5.17% |
| AMZN | 2.01% | 3.69% | 1.68% |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
See all 10 holdings GRNI shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, GRNI or SPY?
GRNI has an expense ratio of 0.99% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $90 per year of difference.
What is the holdings overlap between GRNI and SPY?
GRNI and SPY share 41 common holdings with a 27.1% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, GRNI or SPY?
GRNI yields 6.48% while SPY yields 1.01%, so GRNI currently pays the higher dividend yield.
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