Data as of Oct 28, 2026.
GRNY vs XBI: Differences, Returns & Fees
Over the year to Oct 28, 2026, GRNY returned +6.5% to XBI's +41.2%, and XBI charges 0.35% to GRNY's 0.75%.
askIQ about this page
askIQ about GRNY and XBI
Net assets: $4.3bn on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap ETF, and $10.3bn on Oct 27, 2026 for State Street SPDR S&P Biotech ETF.
Pair scorecard
XBI costs 0.40 points a year less; their one-year returns differ by 34.7 points.
| Measure | GRNY | XBI |
|---|---|---|
| Return | ||
| Total return, 1 year | +6.5% | +41.2% |
| Drawdown | ||
| Below its high | 3.5%, high on Oct 6, 2026 | |
| Below its all-time high | 8.9%, high on Feb 8, 2021 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Biotech |
| Cost and size | ||
| Expense ratio | 0.75% | 0.35% |
| Net assets, GRNY as of Jul 31, 2026 and XBI as of Oct 27, 2026 | $4.3bn | $10.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 26.5% | 18% |
Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method
Risk and return
Nov 15, 2024 to Oct 23, 2026 · 101 weekly returnsXBI returned more: +63.6% to +34.7%. GRNY swung less: 19.6% to 25.9%. GRNY fell less at its worst: −23.1% to −26.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | GRNY | XBI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +34.7% | +63.6% | XBI | Price change plus distributions, reinvested. |
| Annualized | +16.6% | +28.8% | XBI | Total return as a yearly rate. |
| Price return | +34.5% | +62.8% | XBI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.6% | 25.9% | GRNY | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.5% | 16.5% | GRNY | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −23.1% | −26.1% | GRNY | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.68 | 0.95 | XBI | Return above Treasury bills per unit of volatility. |
| Sortino | 1.05 | 1.50 | XBI | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.72 | 1.11 | XBI | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 101 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GRNY and XBI hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
GRNY and XBI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
GRNY and XBI do different jobs. What does each one do in a portfolio?
- What each follows. GRNY follows No index, actively managed and XBI follows Biotech.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 GRNY returned +6.5% and XBI +41.2% with distributions reinvested, a gap of 34.7 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
GRNY
GRNY is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +6.5% with distributions reinvested. The prospectus expense ratio is 0.75% a year. By its holdings filed for Jul 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 43 positions, with the top ten at 26.5%. It sat 3.5% below its high of Oct 6, 2026 on Oct 28, 2026.
XBI
By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.
Questions people ask
- Are GRNY and XBI in the same category?
- GRNY is a stock ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, GRNY or XBI?
- In the year to Oct 28, 2026, with distributions reinvested, GRNY returned +6.5% and XBI +41.2%.
- Which is cheaper, GRNY or XBI?
- XBI is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, GRNY against XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/grny-vs-xbi
ETFIQ. (Oct 28, 2026). GRNY against XBI. Retrieved from https://etfiq.com/compare/any/grny-vs-xbi
[GRNY against XBI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/grny-vs-xbi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.