Data as of .
FGSI vs GRNI: which paid, and which earned it?
FGSI and GRNI both write options for income.
What they hold in common
By the books each fund has filed, FGSI and GRNI hold 22% of their money in the same securities at the same weight.
| Holding | FGSI | GRNI |
|---|---|---|
| Microsoft Corporation | 2.45% | 2.37% |
| Palantir Technologies Inc. (Class A) | 2.63% | 2.36% |
| Arista Networks, Inc. | 2.32% | 2.86% |
| NVIDIA Corporation | 2.15% | 2.46% |
| Netflix, Inc. | 2.04% | 2.79% |
| Meta Platforms, Inc. (Class A) | 2.03% | 2.23% |
| Broadcom Inc. | 1.90% | 2.90% |
| Northrop Grumman Corporation | 1.97% | 1.88% |
| Costco Wholesale Corporation | 1.85% | 2.37% |
| Monster Beverage Corporation | 1.80% | 2.15% |
| Cadence Design Systems, Inc. | 1.68% | 2.47% |
| Only in FGSI | Only in GRNI |
|---|---|
| Newmont Corporation 2.70% | Advanced Micro Devices Inc 4.11% |
| Marvell Technology, Inc. 2.53% | Quanta Services Inc 3.23% |
| DexCom, Inc. 2.28% | GE Vernova Inc 3.08% |
| Intuitive Surgical, Inc. 2.22% | Strategy Inc 3.04% |
| Target Corporation 2.22% | Amazon.com Inc 2.99% |
| CME Group Inc. 2.21% | Alphabet Inc 2.96% |
| ResMed Inc. 2.21% | KLA Corp 2.75% |
| Garmin Ltd. 2.15% | Caterpillar Inc 2.73% |
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 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FGSI | GRNI | FGSI | GRNI | FGSI | GRNI | |
| 3 months | +2.4% | +2.1% | 2.1% | 2.5% | +0.2 pts | −0.2 pts |
| 6 months | +10.0% | +16.3% | 4.4% | 5.4% | −8.0 pts | −1.8 pts |
| 1 year | +5.3% | not published | 8.1% | not published | −11.3 pts | not published |
| Since launch | +11.9% | +14.5% | 9.8% | 7.8% | −14.3 pts | −2.1 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Fundstrat |
| Strategy | option income | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.6% | 10.0% |
| Expense ratio | 0.85% | 0.99% |
| Cash paid, 1 year | 8.1% | 7.8% (since launch on Nov 18, 2025) |
| Price change, 1 year | −3.2% | +6.2% |
| Total return, 1 year | +5.3% | +14.5% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.3 pts | −2.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 449 days | 304 days |
| Net assets | $2m | $49m |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, paid monthly.
Questions people ask
- Which is cheaper, FGSI or GRNI?
- FGSI charges 0.85% a year and GRNI charges 0.99%, so FGSI is cheaper. Fees come from each fund's prospectus.
Other comparisons
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, FGSI against GRNI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-grni Free to use with attribution; the underlying files are at Open data.