Which is cheaper, FTQI or GRNI?

FTQI charges 0.75% a year and GRNI charges 0.99%, so FTQI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs GRNI: Dividend Yield & Total Return

FTQI and GRNI both write options for income.

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Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, and $55m on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap & Income ETF.

FTQI on its own →GRNI on its own →

At a glance

12.1%

FTQI cash paid, 1 year

9.5%

GRNI cash paid, since launch, Nov 18, 2025

+16.5%

FTQI total return, 1 year

+9.0%

GRNI total return, since launch, Nov 18, 2025

FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ

FTQI

+16.5%

QQQ

+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% as cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

GRNI · since launch to Nov 4, 2026 Not measured

GRNI

+9.0%

none

Not measured

GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.

GRNI

+9.0%

9.5% of it arrived as cash

Total return, distributions reinvested

Not measured

GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.

GRNI

+9.0%

9.5% cash

9.5% of it arrived as cash. Both charts share one scale, with zero at the line. GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FTQI costs 0.24 points a year less.

Points (pts) are percentage points.

FTQI vs GRNI: Dividend Yield & Total Return
Measure	FTQI	GRNI
Paid and earned
Measure	FTQI	GRNI
Total return, 1 year	+16.5%	not published
Price change	rose 3.5% (1 year)	fell 6.4% (6 months)
Return of capital, issuer estimate	99% of the Oct 30, 2026 payment
Against its benchmark
Measure	FTQI	GRNI
Benchmark	Nasdaq-100, measured through QQQ	its own stocks
Against its benchmark, same days	ahead by 4.2 pts	behind by 0.8 pts
Cost and size
Measure	FTQI	GRNI
Expense ratio	0.75%	0.99%
Net assets, FTQI as of Nov 3, 2026 and GRNI as of Jul 31, 2026	$997m	$55m
Holdings
Measure	FTQI	GRNI
Holdings in common	27%

Method

What they share

27%

By the books each fund has filed, FTQI and GRNI hold 27% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

27% in common

Positions both hold · largest shared weight first FTQI GRNI

Advanced Micro Devices, Inc. 4.73% 2.48%

Amazon.com, Inc. 4.23% 2.38%

Apple Inc. 8.98% 2.36%

Meta Platforms, Inc. (Class A) 2.67% 2.12%

NVIDIA Corporation 6.22% 2.09%

Palantir Technologies Inc. (Class A) 2.60% 2.08%

Tesla, Inc. 3.05% 1.74%

Alphabet Inc. (Class A) 1.72% 2.13%

Broadcom Inc. 1.64% 2.15%

Microsoft Corporation 1.55% 2.56%

Costco Wholesale Corporation 1.54% 2.04%

KLA Corporation 1.16% 2.33%

Only in one fund ↓

Only in FTQI

Cisco Systems, Inc. 3.10%

Micron Technology, Inc. 2.01%

Alphabet Inc. (Class C) 1.72%

Seagate Technology Holdings Plc 1.59%

AbbVie Inc. 1.48%

Palo Alto Networks, Inc. 1.43%

Gilead Sciences, Inc. 1.41%

CME Group Inc. 1.10%

Only in GRNI

Arista Networks Inc 2.98%

JPMorgan Chase & Co 2.69%

Bank of New York Mellon Corp 2.63%

Eli Lilly & Co 2.61%

Monster Beverage Corp 2.56%

Eaton Corp PLC 2.53%

ServiceNow Inc 2.53%

Union Pacific Corp 2.52%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly GRNI Fundstrat Granny Shots US Large Cap & Income ETF · Option income on its own stocks, paying monthly

Issuer First Trust Fundstrat

Strategy covered call option income

Benchmark Nasdaq-100 (QQQ) GRNI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026)

Pays monthly monthly

Payout rate, annualized 12.3% 10.5%

Expense ratio 0.75% 0.99%

Cash paid, 1 year 12.1% 9.5% (since launch, Nov 18, 2025)

Price change, 1 year +3.5% −0.6% (since launch, Nov 18, 2025)

Total return, 1 year +16.5% +9.0% (since launch, Nov 18, 2025)

Benchmark return, 1 year +12.3% not published

Ahead or behind +4.2 pts not available

Return of capital, latest estimate 99% not published

Age 12.8 years 351 days

Net assets, FTQI as of Nov 3, 2026 and GRNI as of Jul 31, 2026 $997m $55m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FTQI vs GRNI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	GRNI	FTQI	GRNI	FTQI	GRNI
3 months	+0.4%	−3.9%	3.0%	2.5%	+3.8 pts	−0.6 pts
6 months	+6.6%	−1.6%	6.0%	5.0%	+6.9 pts	−0.8 pts
1 year	+16.5%	–	12.1%	–	+4.3 pts	–
3 years	+60.8%	–	38.1%	–	−30.5 pts	–
Since launchNot the same days: FTQI Jan 2014 · GRNI Nov 2025	+138.8%	+9.0%	81.1%	9.5%	−641.3 pts	not measured

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Alert

About each fund

FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

GRNI

GRNI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −0.8% over the same days, so a holder was behind by 0.8 pts.

Over the 6 months to Nov 4, 2026, GRNI paid 5.0% of its starting value in cash distributions while its price fell 6.4%. With every distribution reinvested, the fund returned −1.6%. At its price on Nov 4, 2026 the latest distribution annualizes to 10.5%, paid monthly.

Questions people ask

Which is cheaper, FTQI or GRNI?: FTQI charges 0.75% a year and GRNI charges 0.99%, so FTQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs SCEP FTQI vs TCAL FTQI vs JUDO FTQI vs RNTY GRNI vs GPIQ GRNI vs QYLD GRNI vs QQQI GRNI vs QLDY

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FTQI on its own →GRNI on its own →FTQI dividend history →FTQI holdings →GRNI dividend history →GRNI holdings →Method →Standards and sources →

Sources and dates

FTQI filings on SEC EDGAR ↗

FTQI prospectus with the expense ratio (SEC) ↗

FTQI 19a-1 distribution notice ↗

First Trust page for FTQI ↗

GRNI filings on SEC EDGAR ↗

GRNI prospectus with the expense ratio (SEC) ↗

Fundstrat website ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FTQI against GRNI, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-grni

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.