Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GRNY vs USMV: how they differ
GRNY and USMV hold 11% of their weight in the same names, and GRNY returned more over the year.
Fundstrat Granny Shots US Large Cap ETF and iShares MSCI USA Min Vol Factor ETF.
What they hold in common
By the books each fund has filed, GRNY and USMV hold 11% of their money in the same securities at the same weight.
| Holding | GRNY | USMV |
|---|---|---|
| NVIDIA Corp | 2.46% | 1.64% |
| Microsoft Corp | 2.38% | 1.56% |
| TJX Cos Inc/The | 2.33% | 1.15% |
| Northrop Grumman Corp | 1.92% | 0.85% |
| Apple Inc | 2.40% | 0.82% |
| Monster Beverage Corp | 2.17% | 0.72% |
| Advanced Micro Devices Inc | 4.17% | 0.53% |
| Arista Networks Inc | 2.88% | 0.52% |
| Broadcom Inc | 2.94% | 0.50% |
| Palantir Technologies Inc | 2.33% | 0.50% |
| Chevron Corp | 2.46% | 0.41% |
| Costco Wholesale Corp | 2.33% | 0.32% |
| Only in GRNY | Only in USMV |
|---|---|
| Quanta Services Inc 3.20% | CISCO SYSTEMS, INC. 1.81% |
| Strategy Inc 3.01% | EXXON MOBIL CORPORATION 1.60% |
| Alphabet Inc 2.96% | DUKE ENERGY CORPORATION 1.55% |
| KLA Corp 2.75% | THE SOUTHERN COMPANY 1.53% |
| Caterpillar Inc 2.69% | AMPHENOL CORPORATION 1.51% |
| Bank of New York Mellon Corp/T 2.59% | Chubb Limited 1.50% |
| Eaton Corp PLC 2.56% | VERIZON COMMUNICATIONS INC. 1.49% |
| ONEOK Inc 2.49% | WASTE MANAGEMENT, INC. 1.48% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
| GRNY Fundstrat Granny Shots US Large Cap ETF | USMV iShares MSCI USA Min Vol Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fundstrat | iShares |
| What it is | Fundstrat Granny Shots US Large Cap | MSCI USA Min Vol Factor |
| Total return, 1 year | +13.8% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.7 pts | −10.9 pts |
| Expense ratio | 0.75% | 0.15% |
| Already in the S&P 500 | 97.0% | 94.8% |
| Holdings | 40 | 170 |
GRNY in plain words
GRNY is an index equity fund tracking the Fundstrat Granny Shots US Large Cap. Over the year to Sep 11, 2026 it returned +13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.75% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 40 positions, with the top ten at 30.8%.
USMV in plain words
USMV is an index equity fund tracking the MSCI USA Min Vol Factor. Over the year to Sep 11, 2026 it returned +6.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 15.7%.
Questions people ask
- Which returned more over the last year, GRNY or USMV?
- In the year to Sep 12, 2026, with distributions reinvested, GRNY returned +13.8% and USMV returned +6.6%, so GRNY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GRNY or USMV?
- GRNY charges 0.75% a year and USMV charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.
- How much do GRNY and USMV overlap with the S&P 500?
- By their latest filed holdings, 97% of GRNY and 95% of USMV by weight is stocks the S&P 500 already holds. Between the two funds, 11% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GRNY against USMV, data as of Sep 12, 2026. https://etfiq.com/compare/any/GRNY-USMV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources