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Data as of .

GRNI vs LAPR: which paid, and which earned it?

GRNI and LAPR both write options for income.

Fundstrat Granny Shots US Large Cap & Income ETF and Innovator Premium Income 15 Buffer ETF - April.

7.8%GRNI cash paid, 1 year
5.9%LAPR cash paid, 1 year
+14.5%GRNI total return, 1 year
+6.1%LAPR total return, 1 year
GRNI2.1 pts behind SPY · since launch to Sep 18, 2026
SPY+16.6%GRNI+14.5%7.8% of it arrived as cash2.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%GRNI+14.5%2.1 pts behind SPY
LAPR10.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%LAPR+6.1%5.9% of it arrived as cash10.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%LAPR+6.1%10.5 pts behind SPY

What they hold in common

By the books each fund has filed, GRNI and LAPR hold 0% of their money in the same securities at the same weight.

Only in each
Only in GRNIOnly in LAPR
Advanced Micro Devices Inc 4.11%TREASURY BILL 94.62%
Quanta Services Inc 3.23%TREASURY BILL 0.54%
GE Vernova Inc 3.08%TREASURY BILL 0.54%
Strategy Inc 3.04%TREASURY BILL 0.54%
Amazon.com Inc 2.99%TREASURY BILL 0.54%
Alphabet Inc 2.96%TREASURY BILL 0.54%
Broadcom Inc 2.90%TREASURY BILL 0.54%
Arista Networks Inc 2.86%TREASURY BILL 0.54%

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.

Performance, window by window

GRNI and LAPR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GRNILAPRGRNILAPRGRNILAPR
3 months+2.1%+1.3%2.5%1.7%−0.2 pts−0.9 pts
6 months+16.3%+3.8%5.4%3.3%−1.8 pts−14.2 pts
1 yearnot published+6.1%not published5.9%not published−10.5 pts
Since launch+14.5%+16.1%7.8%13.8%−2.1 pts−34.1 pts
Open the live comparison on ETFIQ
GRNI and LAPR on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GRNI
Fundstrat Granny Shots US Large Cap & Income ETF
Option income on SPY, paying monthly
LAPR
Innovator Premium Income 15 Buffer ETF - April
Buffer with income on SPY, paying monthly
IssuerFundstratInnovator
Strategyoption incomebuffer with income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized10.0%6.7%
Expense ratio0.99%0.79%
Cash paid, 1 year7.8% (since launch on Nov 18, 2025)5.9%
Price change, 1 year+6.2%0.0%
Total return, 1 year+14.5% (since launch on Nov 18, 2025)+6.1%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−2.1 pts−10.5 pts
Return of capital, latest estimatenot publishednot published
Age304 days900 days
Net assets$49m$11m

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.

LAPR in plain words

Over the year to Sep 18, 2026, LAPR paid 5.9% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +6.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.7%, paid monthly.

Questions people ask

Which is cheaper, GRNI or LAPR?
GRNI charges 0.99% a year and LAPR charges 0.79%, so LAPR 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.

GRNI against LAPR, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GRNI against LAPR, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-lapr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources