Which is cheaper, GRNI or SDVD?

GRNI charges 0.99% a year and SDVD charges 0.85%, so SDVD is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

GRNI vs SDVD: Dividend Yield & Total Return

GRNI and SDVD both write options for income.

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Net assets: $55m on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap & Income ETF, and $903m on Nov 3, 2026 for FT Vest SMID Rising Dividend Achievers Target Income ETF.

GRNI on its own →SDVD on its own →

At a glance

9.5%

GRNI cash paid, since launch, Nov 18, 2025

9.7%

SDVD cash paid, 1 year

+9.0%

GRNI total return, since launch, Nov 18, 2025

+18.9%

SDVD total return, 1 year

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% of it arrived as cash. Total return, distributions reinvested. 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.

SDVD · 1 year to Nov 4, 2026 1.4 pts ahead of SDVY

SDVD

+18.9%

SDVY

+17.5%

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% of it arrived as cash

1.4 pts ahead of SDVY

Total return, distributions reinvested

1.4 pts ahead of SDVY

SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

SDVY

+17.5%

SDVD

+18.9%

9.7% cash

1.4 pts ahead of SDVY

9.7% of it arrived as cash. Both charts share one scale, with zero at the line. SDVD over 1 year: paid 9.7%, price +8.6%, total +18.9%, SDVY +17.5%, +1.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SDVD costs 0.14 points a year less.

Points (pts) are percentage points.

GRNI vs SDVD: Dividend Yield & Total Return
Measure	GRNI	SDVD
Paid and earned
Measure	GRNI	SDVD
Total return, 1 year	not published	+18.9%
Price change	fell 6.4% (6 months)	rose 8.6% (1 year)
Return of capital, issuer estimate		22% of the Oct 30, 2026 payment
Against its benchmark
Measure	GRNI	SDVD
Benchmark	its own stocks	First Trust SMID Cap Rising Dividend Achievers ETF, measured through SDVY
Against its benchmark, same days	behind by 0.8 pts	ahead by 1.4 pts
Cost and size
Measure	GRNI	SDVD
Expense ratio	0.99%	0.85%
Net assets, GRNI as of Jul 31, 2026 and SDVD as of Nov 3, 2026	$55m	$903m
Holdings
Measure	GRNI	SDVD
Holdings in common	1%

Method

What they share

By the books each fund has filed, GRNI and SDVD hold 1% 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

1% in common

Positions both hold · largest shared weight first GRNI SDVD

Texas Pacific Land Corp 2.34% 0.74%

CF Industries Holdings Inc 2.39% 0.20%

Only in one fund ↓

Only in GRNI

Arista Networks Inc 2.98%

General Electric Co 2.79%

JPMorgan Chase & Co 2.69%

Packaging Corp of America 2.69%

PNC Financial Services Group I 2.67%

Robinhood Markets Inc 2.65%

Bank of New York Mellon Corp 2.63%

Eli Lilly & Co 2.61%

Only in SDVD

The Hanover Insurance Group, Inc. 1.09%

Reinsurance Group of America, Incorporated 1.06%

Williams-Sonoma, Inc. 1.06%

Veralto Corporation 1.05%

Assurant, Inc. 1.02%

Interparfums, Inc. 1.02%

National HealthCare Corporation 1.02%

VeriSign, Inc. 1.02%

Check overlap with more funds →

Side by side

GRNI Fundstrat Granny Shots US Large Cap & Income ETF · Option income on its own stocks, paying monthly SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF · Writes calls on the Russell 2000, investing in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, paying monthly

Issuer Fundstrat First Trust

Strategy option income dividend stocks with call overlay

Benchmark GRNI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Pays monthly monthly

Payout rate, annualized 10.5% 8.2%

Expense ratio 0.99% 0.85%

Cash paid, 1 year 9.5% (since launch, Nov 18, 2025) 9.7%

Price change, 1 year −0.6% (since launch, Nov 18, 2025) +8.6%

Total return, 1 year +9.0% (since launch, Nov 18, 2025) +18.9%

Benchmark return, 1 year not published +17.5%

Ahead or behind not available +1.4 pts

Return of capital, latest estimate not published 22%

Age 351 days 3.2 years

Net assets, GRNI as of Jul 31, 2026 and SDVD as of Nov 3, 2026 $55m $903m

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: GRNI vs SDVD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	GRNI	SDVD	GRNI	SDVD	GRNI	SDVD
3 months	−3.9%	−2.3%	2.5%	2.0%	−0.6 pts	+0.5 pts
6 months	−1.6%	+3.3%	5.0%	4.1%	−0.8 pts	+0.9 pts
1 year	–	+18.9%	–	9.7%	–	+1.4 pts
3 years	–	+60.8%	–	31.3%	–	+1.0 pts
Since launchNot the same days: GRNI Nov 2025 · SDVD Aug 2023	+9.0%	+53.9%	9.5%	31.3%	not measured	+1.9 pts

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Alert

About each fund

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.

SDVD

Over the year to Nov 4, 2026, SDVD paid 9.7% of its starting value in cash distributions while its price rose 8.6%. With every distribution reinvested, the fund returned +18.9%. First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 22% 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.

Questions people ask

Which is cheaper, GRNI or SDVD?: GRNI charges 0.99% a year and SDVD charges 0.85%, so SDVD is cheaper. Fees come from each fund's prospectus.

Other comparisons

GRNI vs RDVI GRNI vs YLDE GRNI vs VAIE GRNI vs QVOL SDVD vs SCEP SDVD vs TCAL SDVD vs JUDO SDVD vs RNTY

Where to next

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →GRNI on its own →SDVD on its own →GRNI dividend history →GRNI holdings →SDVD dividend history →SDVD holdings →Method →Standards and sources →

Sources and dates

GRNI filings on SEC EDGAR ↗

GRNI prospectus with the expense ratio (SEC) ↗

Fundstrat website ↗

SDVD filings on SEC EDGAR ↗

SDVD prospectus with the expense ratio (SEC) ↗

SDVD 19a-1 distribution notice ↗

First Trust page for SDVD ↗

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

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