Grizzle Growth ETF (DARP) Performance
DARP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.4% since Dec 31, 2025
- 1 year
- +26.5% total return
- 3 years
- +31.9% a year
- Since first price
- +18.1% a year since 2021
DARP trailing returns vs SPY, QQQ, AGG
| Period | DARP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.2% | −7.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.6% | −3.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.0% | +2.0% | +7.8% | +8.4% | −1.5% |
| YTD | +19.4% | +19.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +26.5% | +26.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +129.6%+31.9%/yr | +123.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionDec 17, 2021 | +123.7%+18.1%/yr | +114.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DARP vs SPY
From Dec 17, 2021: DARP grew to $22,368, SPY to $17,607.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DARP returns by calendar year
3 of 4 full years positive. Best 2025 (+40.2%), worst 2022 (−19.9%). 2026 is year to date.
DARP annual returns table
| Year | DARP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.4% | −15.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +40.2% | −30.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.6% | −18.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +33.3% | −12.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.9% | −24.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DARP largest drawdowns
Now 10.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 22, 2025 | −30.3% | Apr 8, 2025 | Jun 27, 2025 | 2 months | 5 months |
| Apr 4, 2022 | −24.4% | Dec 28, 2022 | Jul 13, 2023 | 9 months | 1.3 years |
| Jul 10, 2024 | −18.5% | Aug 5, 2024 | Nov 7, 2024 | 26 days | 4 months |
| Jun 2, 2026 | −15.8% | Jul 29, 2026 | Oct 6, 2026 | 57 days | 4 months |
| Dec 27, 2021 | −14.3% | Mar 14, 2022 | Mar 29, 2022 | 3 months | 3 months |
| Jul 31, 2023 | −12.0% | Oct 26, 2023 | Dec 19, 2023 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DARP risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +34.5% | +20.2% |
| Volatility (annualized) | 21.5% | 23.6% |
| Sharpe ratio | 1.30 | 0.74 |
| Sortino ratio | 2.68 | 1.20 |
| Best month | +16.0% | +16.0% |
| Worst month | −8.7% | −16.3% |
| Best 12 months | +94.6% | +94.6% |
| Worst 12 months | −0.7% | −19.9% |
| Positive months | 64% | 61% |
| Beta vs S&P 500 | 1.38 | — |
| Correlation with S&P 500 | 0.80 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DARP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 47 | −19.9% | +26.3% | +94.6% | 85% |
| 3-year (a year) | 23 | +5.5% | +28.6% | +36.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
DARP performance overview
Grizzle Growth ETF (DARP) returned +26.5% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +18.1% a year, turning $10,000 into about $22,368. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.3%, from Jan 22, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. DARP finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+40.2%) and the worst 2022 (−19.9%). Volatility has been 23.6% a year.
Related: DARP chart, DARP holdings, DARP dividends, DARP valuation. See the DARP overview for the latest quote and fund facts.
DARP performance FAQ
What is the DARP return over the past year?
DARP returned +26.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 26.0%.
How much would $10,000 invested in DARP be worth?
$10,000 invested in DARP at its first recorded close on December 17, 2021 would be worth about $22,368 on October 23, 2026 with distributions reinvested.
What was the worst year for DARP?
The worst calendar year was 2022, with a total return of −19.9%. The best was 2025 at +40.2%.
What is the biggest drawdown of DARP?
The largest peak-to-trough decline was −30.3% between January 22, 2025 and April 8, 2025. It recovered to the old high on June 27, 2025, 3 months after the bottom.
How volatile is DARP?
Over the past 3 years DARP had an annualized volatility of 21.5% and a Sharpe ratio of 1.30 (excess return over 1–3 month T-bills per unit of risk).