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
15.4 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 +
NVIDIA CORP | 20.6 % |
MICROSOFT CORP | 7.7 % |
APPLE INC | 7.6 % |
ALPHABET INC. CLASS A | 5.7 % |
META PLATFORMS INC | 5.4 % |
MICRON TECHNOLOGY INC | 5.1 % |
AMAZON.COM INC | 4.1 % |
GALAXY DIGITAL HOLDINGS LTD. | 3.8 % |
TAIWAN SEMICONDUCTOR-SP ADR | 3.4 % |
RANGE RESOURCES CORP | 3.1 % |
Constituent Breakdown
Number of holdings | 26 |
Herfindahl-Hirschman Index | 746 |
Wgt avg mkt cap (mns) | $980,249 |
Large cap (>$10bn) | 88.2% |
Mid cap ($2-10bn) | 7.7% |
Small cap (<$2bn) | 4.0% |
Developed mkts. | 96.2% |
Emerging mkts. | 3.8% |
Country Exposure
UNITED STATES | 81.1 % | |
TAIWAN | 3.4 % | |
NETHERLANDS | 2.9 % | |
CANADA | 1.7 % | |
IRELAND | 0.9 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 21.9% | 27.9% | -- | -- | -- | -- | 27.2% | Volatility | 24.1% | 23.2% | 22.1% | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.18 | 66% |
MSCI EAFE | 0.64 | 29% |
MSCI Emg Mkts | 0.80 | 35% |
Liquidity Measures
Avg. volume (000) | 3 |
Turnover | 0.7% |
Avg. Bid/Ask (% of price) | 0.62% |
ADV of underlying (mns) | $84,311 |
Technical Indicators
Recent close | $34.17 |
30d moving avg. | $32.20 |
Annualized volatility | 17.3% |
Relative strength (RSI) | 52 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. DARP |
Expenses vs. DARP |
ALTAR Score™ vs. DARP |
---|---|---|---|---|
BGRO | iShares Large Cap Growth Active ETF | 50.2% | -20 bp | +0.1% |
FFOG | Franklin Focused Growth ETF FOCUSED GROWTH ETF | 45.5% | -14 bp | -0.6% |
QGRW | WisdomTree U.S. Quality Growth Fund | 45.1% | -47 bp | +1.2% |
IWY | iShares Russell Top 200 Growth ETF | 44.9% | -55 bp | +1.2% |
TOPT | iShares Top 20 U.S. Stocks ETF | 44.4% | -55 bp | +0.8% |
MGK | Vanguard Mega Cap Growth ETF | 43.6% | -68 bp | +0.8% |
VOOG | Vanguard S&P 500 Growth ETF | 43.1% | -65 bp | +1.1% |
IVW | iShares S&P 500 Growth ETF | 43.1% | -57 bp | +1.1% |
SPYG | SPDR Portfolio S&P 500 Growth ETF | 43.1% | -71 bp | +1.2% |
IWF | iShares Russell 1000 Growth ETF | 42.8% | -56 bp | +1.0% |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 12/12/2024
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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
DARP
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
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
DARP
3.3%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. DARP's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places DARP in the 44th 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
Expense Analysis
Peer Group | Active Global Equity ETFs |
# of ETFs | 118 |
Avg. Expense Ratio | 73.5 bp |
Std. Deviation | 29.8 bp |
DARP (75 bp) Percentile rank | 55 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
DARP | 75.0 | 61.6 | 136.6 |
Peer Avg. | 74.3 | 39.1 | 113.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .