DIVP vs GRNY
Cullen Enhanced Equity Income ETF vs Fundstrat Granny Shots US Large Cap ETF
Which is better, DIVP or GRNY?
Each has led over a different period.
DIVP has a lower expense ratio. DIVP led over 1Y, GRNY over the full window. GRNY is less concentrated, with 27.6% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIVP | GRNY |
|---|---|---|
| Expense Ratio | 0.55%Best | 0.75% |
| AUM | $61M | $4.5B |
| Dividend Yield | 6.81% | 0.13% |
| Holdings | 47 | 86 |
| YTD Return | +9.06% | +10.83%Best |
| 1Y Return | +14.04%Best | +10.25% |
| Volatility (annualized) | 11.1%Best | 17.3% |
| Max Drawdown | -13.4%Best | -24.2% |
| $10,000 over 1.9 years | $11,141 | $13,651Best |
| Top 10 Weight | 36.4% | 27.6%Best |
| Fund Family | Cullen Funds | Fundstrat Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 6, 2024 | Nov 7, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 7, 2024 to Oct 14, 2026 (1.9 years).
DIVP vs GRNY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
DIVP vs GRNY Performance
Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds and Fundstrat Granny Shots US Large Cap ETF (GRNY) is an ETF from Fundstrat Capital. Over the past year DIVP returned +14.04% while GRNY returned +10.25%. Year to date, DIVP is up 9.06% versus a gain of 10.83% for GRNY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GRNY has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 11.1% for DIVP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.4% for DIVP and -24.2% for GRNY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.11. They move largely independently of each other.
Fees and Cost Over Time
DIVP charges 0.55% per year while GRNY charges 0.75%. On a $10,000 position that is $55 vs $75 annually, a gap of $20 per year that compounds over a long holding period. On income, DIVP currently yields 6.81% against 0.13% for GRNY.
Holdings Overlap
7.6% of DIVP's money is in holdings GRNY also owns. 6.5% of GRNY's money is in holdings DIVP also owns.
DIVP and GRNY share little of their money.
3 positions in common, counted across the 35 positions we hold weights for in DIVP and 42 in GRNY, against full books of 47 and 86.
What only one of them owns
Our book lists 39 positions for GRNY that do not appear in our book for DIVP (93.0% of the fund), and 30 for DIVP that do not appear in GRNY (86.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DIVP and GRNY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVP or GRNY?
DIVP has an expense ratio of 0.55% while GRNY charges 0.75%. DIVP is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, DIVP or GRNY?
Over the past year DIVP returned +14.04% vs +10.25% for GRNY, so DIVP leads on 1-year performance. Over the longest common window we track (2 years), DIVP annualized +5.85% vs +17.80% for GRNY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVP or GRNY?
GRNY has been the more volatile fund at 17.3% annualized versus 11.1% for DIVP. Worst drawdown: DIVP -13.4% vs GRNY -24.2%.
Should I hold both DIVP and GRNY?
DIVP and GRNY have a monthly-return correlation of 0.11, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DIVP and GRNY?
7.6% of DIVP's money is in holdings GRNY also owns. 6.5% of GRNY's is in holdings DIVP also owns. They hold 3 positions in common, counted across the 35 positions we hold weights for in DIVP and 42 in GRNY.
Which pays a higher dividend, DIVP or GRNY?
DIVP yields 6.81% while GRNY yields 0.13%, so DIVP currently pays the higher dividend yield.
Is GRNY better than DIVP?
DIVP has a lower expense ratio. DIVP led over 1Y, GRNY over the full window. GRNY is less concentrated, with 27.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.