Data as of Oct 28, 2026.
GRNY vs XLG: Differences, Returns & Fees
Over the year to Oct 28, 2026, GRNY returned +6.5% to XLG's +6.4%; 32% of their weight is in the same names.
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Net assets: $4.3bn on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap ETF, and $11.9bn on Oct 27, 2026 for Invesco S&P 500 Top 50 ETF.
Pair scorecard
XLG costs 0.55 points a year less; their one-year returns differ by 0.1 points.
| Measure | GRNY | XLG |
|---|---|---|
| Return | ||
| Total return, 1 year | +6.5% | +6.4% |
| Drawdown | ||
| Below its high | 3.5%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | No index, actively managed | S&P 500 Top 50 Index |
| Cost and size | ||
| Expense ratio | 0.75% | 0.20% |
| Net assets, GRNY as of Jul 31, 2026 and XLG as of Oct 27, 2026 | $4.3bn | $11.9bn |
| Holdings | ||
| Holdings in common | 32% | |
| Top ten holdings, share of the fund | 26.5% | 60.3% |
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 returnsGRNY returned more: +34.7% to +30.0%. XLG swung less: 17.1% to 19.6%. XLG fell less at its worst: −19.3% to −23.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | GRNY | XLG | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +34.7% | +30.0% | GRNY | Price change plus distributions, reinvested. |
| Annualized | +16.6% | +14.5% | GRNY | Total return as a yearly rate. |
| Price return | +34.5% | +28.2% | GRNY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.6% | 17.1% | XLG | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.5% | 11.2% | XLG | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −23.1% | −19.3% | XLG | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.68 | 0.64 | GRNY (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.05 | 0.97 | GRNY (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.72 | 0.75 | XLG (slight) | 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 XLG hold 32% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.
half
32% in common
Only in one fund ↓
Side by side
GRNY and XLG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
GRNY and XLG are built for the same job. How do they differ in cost, holdings and results?
- What each follows. GRNY follows No index, actively managed and XLG follows S&P 500 Top 50 Index.
- Holdings in common. 32% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
- Cost. GRNY charges 0.75% of assets a year and XLG 0.20%, a gap of 0.55 points.
Data as of Oct 28, 2026.
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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.
XLG
XLG tracks the S&P 500 top 50. Over the year to Oct 28, 2026 it returned +6.4% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 53 positions, with the top ten at 60.3%.
Questions people ask
- Which returned more over the last year, GRNY or XLG?
- In the year to Oct 28, 2026, with distributions reinvested, GRNY returned +6.5% and XLG +6.4%.
- Which is cheaper, GRNY or XLG?
- XLG is cheaper, by 0.55 percentage points a year. That is about $55 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.
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ETFIQ, GRNY against XLG, data as of Oct 28, 2026. https://etfiq.com/compare/any/grny-vs-xlg
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