Data as of .
GRNI vs ULTY: which paid, and which earned it?
GRNI and ULTY both write options for income.
What they hold in common
By the books each fund has filed, GRNI and ULTY hold 22% of their money in the same securities at the same weight.
| Holding | GRNI | ULTY |
|---|---|---|
| Advanced Micro Devices Inc | 4.11% | 5.23% |
| Strategy Inc | 3.04% | 4.66% |
| Alphabet Inc | 2.96% | 4.39% |
| Caterpillar Inc | 2.73% | 3.07% |
| Quanta Services Inc | 3.23% | 2.67% |
| NVIDIA Corp | 2.46% | 2.36% |
| Palantir Technologies Inc | 2.36% | 4.27% |
| Robinhood Markets Inc | 2.23% | 4.07% |
| Only in GRNI | Only in ULTY |
|---|---|
| GE Vernova Inc 3.08% | MercadoLibre Inc 4.99% |
| Amazon.com Inc 2.99% | Lumentum Holdings Inc 4.75% |
| Broadcom Inc 2.90% | Comfort Systems USA Inc 4.61% |
| Arista Networks Inc 2.86% | Lam Research Corp 4.34% |
| Netflix Inc 2.79% | Coherent Corp 4.30% |
| KLA Corp 2.75% | Analog Devices Inc 4.11% |
| Eaton Corp PLC 2.64% | Space Exploration Technologies Corp 4.11% |
| Bank of New York Mellon Corp/T 2.61% | Alibaba Group Holding Ltd 4.07% |
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 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GRNI | ULTY | GRNI | ULTY | GRNI | ULTY | |
| 3 months | +2.1% | −1.1% | 2.5% | 13.7% | −0.2 pts | −3.3 pts |
| 6 months | +16.3% | +14.0% | 5.4% | 30.1% | −1.8 pts | −4.0 pts |
| 1 year | not published | −7.8% | not published | 44.9% | not published | −24.3 pts |
| Since launch | +14.5% | +10.7% | 7.8% | 86.9% | −2.1 pts | −44.1 pts |
| GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | Fundstrat | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 10.0% | 59.8% |
| Expense ratio | 0.99% | 1.30% |
| Cash paid, 1 year | 7.8% (since launch on Nov 18, 2025) | 44.9% |
| Price change, 1 year | +6.2% | −54.1% |
| Total return, 1 year | +14.5% (since launch on Nov 18, 2025) | −7.8% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −2.1 pts | −24.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 304 days | 932 days |
| Net assets | $49m | $721m |
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.
ULTY in plain words
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, GRNI or ULTY?
- GRNI charges 0.99% a year and ULTY charges 1.30%, so GRNI 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 ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-ulty Free to use with attribution; the underlying files are at Open data.