Data as of .
GRNI vs SPUT: which paid, and which earned it?
GRNI and SPUT both write options for income.
What they hold in common
By the books each fund has filed, GRNI and SPUT hold 20% of their money in the same securities at the same weight.
| Holding | GRNI | SPUT |
|---|---|---|
| NVIDIA Corp | 2.46% | 3.85% |
| Apple Inc | 2.39% | 3.22% |
| Microsoft Corp | 2.37% | 2.47% |
| Amazon.com Inc | 2.99% | 2.09% |
| Alphabet Inc | 2.96% | 1.84% |
| Broadcom Inc | 2.90% | 1.60% |
| Meta Platforms Inc | 2.23% | 1.10% |
| Tesla Inc | 2.14% | 0.91% |
| JPMorgan Chase & Co | 2.35% | 0.70% |
| Advanced Micro Devices Inc | 4.11% | 0.47% |
| Costco Wholesale Corp | 2.37% | 0.37% |
| Netflix Inc | 2.79% | 0.35% |
| Only in GRNI | Only in SPUT |
|---|---|
| Goldman Sachs Group Inc/The 2.31% | TREASURY BILL 49.24% |
| Alphabet Inc 1.59% | |
| Eli Lilly & Co 0.65% | |
| Exxon Mobil Corp 0.54% | |
| Berkshire Hathaway Inc 0.54% | |
| Micron Technology Inc 0.48% | |
| Walmart Inc 0.47% | |
| Visa Inc 0.46% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GRNI | SPUT | GRNI | SPUT | GRNI | SPUT | |
| 3 months | +2.1% | +2.4% | 2.5% | 1.1% | −0.2 pts | +0.1 pts |
| 6 months | +16.3% | +11.5% | 5.4% | 2.5% | −1.8 pts | −6.5 pts |
| 1 year | not published | +11.5% | not published | 5.2% | not published | −5.1 pts |
| Since launch | +14.5% | +22.4% | 7.8% | 8.5% | −2.1 pts | −15.6 pts |
| GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | SPUT Innovator Equity Premium Income - Daily PutWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Fundstrat | Innovator |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.0% | 4.7% |
| Expense ratio | 0.99% | 0.79% |
| Cash paid, 1 year | 7.8% (since launch on Nov 18, 2025) | 5.2% |
| Price change, 1 year | +6.2% | +6.0% |
| Total return, 1 year | +14.5% (since launch on Nov 18, 2025) | +11.5% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −2.1 pts | −5.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 304 days | 553 days |
| Net assets | $49m | $17m |
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.
SPUT in plain words
Over the year to Sep 18, 2026, SPUT paid 5.2% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +11.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.7%, paid monthly.
Questions people ask
- Which is cheaper, GRNI or SPUT?
- GRNI charges 0.99% a year and SPUT charges 0.79%, so SPUT 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, GRNI against SPUT, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-sput Free to use with attribution; the underlying files are at Open data.