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Data as of .

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

GRNI and XSHP both write options for income.

Fundstrat Granny Shots US Large Cap & Income ETF and Kurv SpaceX (SPAX) Enhanced Income ETF.

7.8%GRNI cash paid, 1 year
7.3%XSHP cash paid, 1 year
+14.5%GRNI total return, 1 year
−13.1%XSHP total return, 1 year
GRNI2.1 pts behind SPY · since launch to Sep 18, 2026
SPY+16.6%GRNI+14.5%7.8% as cash2.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%GRNI+14.5%2.1 pts behind SPY
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY

Performance, window by window

GRNI and XSHP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GRNIXSHPGRNIXSHPGRNIXSHP
3 months+2.1%−11.0%2.5%7.4%−0.2 pts−13.3 pts
6 months+16.3%not published5.4%not published−1.8 ptsnot published
Since launch+14.5%−13.1%7.8%7.3%−2.1 pts−16.4 pts
Open the live comparison on ETFIQ
GRNI and XSHP 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
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerFundstratKurv
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as the proxy
Paysmonthlymonthly
Payout rate, annualized10.0%33.5%
Expense ratio0.99%0.99%
Cash paid, 1 year7.8% (since launch on Nov 18, 2025)7.3% (since launch on Jun 17, 2026)
Price change, 1 year+6.2%−21.8%
Total return, 1 year+14.5% (since launch on Nov 18, 2025)−13.1% (since launch on Jun 17, 2026)
Benchmark return, 1 year+16.6%+3.3%
Ahead or behind−2.1 pts−16.4 pts
Return of capital, latest estimatenot published94%
Age304 days93 days
Net assets$49m$7m

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.

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 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 XSHP?
GRNI charges 0.99% a year and XSHP charges 0.99%, 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.

GRNI against XSHP, 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 XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-xshp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources