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Data as of .

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

GRNI and TSPY both write options for income.

Fundstrat Granny Shots US Large Cap & Income ETF and TappAlpha S&P 500 Growth & Daily Income ETF.

7.8%GRNI cash paid, 1 year
14.1%TSPY cash paid, 1 year
+14.5%GRNI total return, 1 year
+15.1%TSPY 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
TSPY1.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%TSPY+15.1%14.1% of it arrived as cash1.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%TSPY+15.1%14.1% as cash1.5 pts behind SPY

What they hold in common

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

Only in each
Only in GRNIOnly in TSPY
Advanced Micro Devices Inc 4.11%Vanguard S&P 500 ETF 100.00%
Quanta Services Inc 3.23%
GE Vernova Inc 3.08%
Strategy Inc 3.04%
Amazon.com Inc 2.99%
Alphabet Inc 2.96%
Broadcom Inc 2.90%
Arista Networks Inc 2.86%

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 Jun 30, 2026.

Performance, window by window

GRNI and TSPY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GRNITSPYGRNITSPYGRNITSPY
3 months+2.1%+2.3%2.5%3.5%−0.2 pts0.0 pts
6 months+16.3%+16.4%5.4%7.6%−1.8 pts−1.6 pts
1 yearnot published+15.1%not published14.1%not published−1.5 pts
Since launch+14.5%+37.3%7.8%28.7%−2.1 pts−4.0 pts
Open the live comparison on ETFIQ
GRNI and TSPY 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
TSPY
TappAlpha S&P 500 Growth & Daily Income ETF
Option income on SPY, paying monthly
IssuerFundstratTappAlpha
Strategyoption incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized10.0%14.0%
Expense ratio0.99%0.77%
Cash paid, 1 year7.8% (since launch on Nov 18, 2025)14.1%
Price change, 1 year+6.2%−0.1%
Total return, 1 year+14.5% (since launch on Nov 18, 2025)+15.1%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−2.1 pts−1.5 pts
Return of capital, latest estimatenot publishednot published
Age304 days764 days
Net assets$49m$311m

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.

TSPY in plain words

Over the year to Sep 18, 2026, TSPY paid 14.1% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +15.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly.

Questions people ask

Which is cheaper, GRNI or TSPY?
GRNI charges 0.99% a year and TSPY charges 0.77%, so TSPY 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 TSPY, 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 TSPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-tspy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources