DARP
Grizzle Growth ETF
DARP is an actively managed fund of global stocks involved in four key growth themes: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition.
Global
EQUITY
Active
MANAGEMENT STYLE
15.0 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | Tidal |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 17, 2021 |
| Assets (mns) | $15 |
| Expense ratio | 75 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ALPHABET INC. CLASS A | 15.8 % |
| NVIDIA CORP | 10.3 % |
| VERTIV HOLDINGS CO. CLASS A | 7.4 % |
| MICRON TECHNOLOGY INC | 4.8 % |
| AMAZON.COM INC | 4.6 % |
| GE VERONA | 4.4 % |
| TRANE TECHNOLOGIES PLC | 3.8 % |
| ARISTA NETWORKS, INC. | 3.7 % |
| COMSTOCK RESOURCES INC | 3.6 % |
| APPLE INC | 3.4 % |
Constituent Breakdown
| Number of holdings | 29 |
| Herfindahl-Hirschman Index | 606 |
| Wgt avg mkt cap (mns) | $1,599,659 |
| Large cap (>$10bn) | 89.0% |
| Mid cap ($2-10bn) | 5.2% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 91.2% |
| Emerging mkts. | 3.5% |
Country Exposure
 |
UNITED STATES | 79.4 % |
 |
IRELAND | 3.8 % |
 |
CANADA | 3.4 % |
 |
TAIWAN | 3.3 % |
 |
NETHERLANDS | 2.4 % |
 |
CHINA | 1.8 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 38.1% | 34.4% | 32.9% | 26.5% | -- | -- | -- | 15.7% |
| Dividend Yield | 0.0% | 2.6% | 1.5% | 1.5% | -- | -- | -- | 1.1% |
| Total Returns | 38.1% | 37.0% | 34.4% | 28.0% | -- | -- | -- | 16.8% | Ann. Volatility | 31.7% | 30.9% | 27.4% | 25.0% | -- | -- | -- | 26.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.38 | 77% |
| MSCI EAFE | 1.19 | 41% |
| MSCI Emg Mkts | 1.25 | 52% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.42% |
Technical Indicators
| 30d moving avg. (EMA) | $43.24 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.13/0.12 |
| Bollinger Bands (Upper/Lower) | $45.91/$41.53 |
| Short interest (% of AUM) | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. DARP |
Expenses vs. DARP |
ALTAR Score™ vs. DARP |
|---|---|---|---|---|
| QGRW | WisdomTree U.S. Quality Growth Fund | 37.1% | -47 bp | +4.2% |
| RND | First Trust Bloomberg R&D Leaders ETF | 36.6% | -15 bp | +3.0% |
| FBCG | Fidelity Blue Chip Growth ETF | 36.6% | -16 bp | +2.8% |
| PJFG | PGIM Jennison Focused Growth ETF | 36.1% | 0 bp | +2.7% |
| FDCF | Fidelity Disruptive Communications ETF | 35.9% | -25 bp | +3.9% |
| FSST | Fidelity Sustainable U.S. Equity ETF | 35.3% | -16 bp | +4.3% |
| LRGE | ClearBridge Large Cap Growth ESG ETF | 34.5% | -16 bp | +4.2% |
| SEMG | Suncoast Select Growth ETF | 34.5% | -15 bp | +4.3% |
| FFLC | Fidelity Fundamental Large Cap Core ETF | 34.3% | -37 bp | +4.5% |
| SGLC | SGI U.S. Large Cap Core ETF | 34.3% | +10 bp | +4.1% |
Risk and Returns: DARP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/7/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
DARP
2.7%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 382 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
3.1%. DARP's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places DARP in the 32nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DARPSELL
U/W
HOLD
O/W
BUY
Bid/Ask Spreads
42 bp
AVG SPREAD
20 —
277 bp
RANGE