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Data as of .

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

GRNI and PBP both write options for income.

Fundstrat Granny Shots US Large Cap & Income ETF and Invesco S&P 500 BuyWrite ETF.

7.8%GRNI cash paid, 1 year
11.8%PBP cash paid, 1 year
+14.5%GRNI total return, 1 year
+18.5%PBP 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
PBP1.9 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%PBP+18.5%11.8% of it arrived as cash1.9 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%PBP+18.5%11.8% cash1.9 pts ahead of SPY

What they hold in common

By the books each fund has filed, GRNI and PBP hold 30% of their money in the same securities at the same weight.

Positions GRNI and PBP both hold, largest shared weight first
HoldingGRNIPBP
Amazon.com Inc2.99%3.77%
Alphabet Inc2.96%3.11%
Broadcom Inc2.90%2.57%
NVIDIA Corp2.46%8.18%
Apple Inc2.39%7.50%
Microsoft Corp2.37%5.57%
Meta Platforms Inc2.23%2.22%
Tesla Inc2.14%1.56%
JPMorgan Chase & Co2.35%1.42%
Advanced Micro Devices Inc4.11%1.39%
Palantir Technologies Inc2.36%0.62%
Costco Wholesale Corp2.37%0.60%
Only in each
Only in GRNIOnly in PBP
Strategy Inc 3.04%Alphabet Inc 2.47%
Bank of New York Mellon Corp/T 2.61%Micron Technology Inc 1.74%
Berkshire Hathaway Inc 1.42%
Eli Lilly & Co 1.38%
ExxonMobil Holdings Corp 1.03%
Johnson & Johnson 0.99%
Visa Inc 0.93%
Intel Corp 0.81%

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 19, 2026.

Performance, window by window

GRNI and PBP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GRNIPBPGRNIPBPGRNIPBP
3 months+2.1%+5.0%2.5%2.8%−0.2 pts+2.7 pts
6 months+16.3%+13.0%5.4%5.7%−1.8 pts−5.0 pts
1 yearnot published+18.5%not published11.8%not published+1.9 pts
3 yearsnot published+46.1%not published31.8%not published−32.3 pts
Since launch+14.5%+199.0%7.8%101.2%−2.1 pts−604.5 pts
Open the live comparison on ETFIQ
GRNI and PBP 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
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
IssuerFundstratInvesco
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized10.0%11.3%
Expense ratio0.99%0.29%
Cash paid, 1 year7.8% (since launch on Nov 18, 2025)11.8%
Price change, 1 year+6.2%+5.5%
Total return, 1 year+14.5% (since launch on Nov 18, 2025)+18.5%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−2.1 pts+1.9 pts
Return of capital, latest estimatenot publishednot published
Age304 days6101 days
Net assets$49m$386m

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.

PBP in plain words

Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.

Questions people ask

Which is cheaper, GRNI or PBP?
GRNI charges 0.99% a year and PBP charges 0.29%, so PBP 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 PBP, 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 PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-pbp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources