BUYZ vs. DARP

Last updated Jul 17, 2026

BUYZ (Franklin Disruptive Commerce ETF) and DARP (Grizzle Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Over the past year, BUYZ returned -12.72% vs 52.56% for DARP. A 0.63 correlation means they provide meaningful diversification when combined. BUYZ charges 0.50%/yr vs 0.75%/yr for DARP.

Performance

BUYZ vs. DARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Disruptive Commerce ETF (BUYZ) and Grizzle Growth ETF (DARP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUYZ achieves a -11.76% return, which is significantly lower than DARP's 22.80% return.

BUYZ

• 1D: -0.39%
• 1M: 2.92%
• 6M: -11.08%
• YTD: -11.76%
• 1Y: -12.72%
• 3Y*: 9.03%
• 5Y*: -7.03%
• 10Y*: —

DARP

• 1D: -2.89%
• 1M: -3.83%
• 6M: 16.21%
• YTD: 22.80%
• 1Y: 52.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUYZ vs. DARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BUYZ Franklin Disruptive Commerce ETF	-11.76%	8.70%	28.25%	16.00%
DARP Grizzle Growth ETF	22.80%	40.19%	24.63%	6.25%

Correlation

The correlation between BUYZ and DARP is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Aug 28, 2023	0.63

The correlation between BUYZ and DARP shifts across timeframes, from 0.45 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

BUYZ vs. DARP - Sectors Allocation Comparison

Sectors	BUYZ	DARP
Consumer Cyclical	33.9%	8.1%
Technology	27.0%	48.8%
Communication Services	17.0%	14.3%
Financial Services	6.7%	-
Consumer Defensive	5.4%	-
Industrials	5.1%	8.1%
Real Estate	2.8%	-
Healthcare	0.7%	1.5%
Basic Materials	-	3.9%
Energy	-	8.0%
Utilities	-	5.5%

Return for Risk

BUYZ vs. DARP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUYZ

BUYZ Risk / Return Rank: 5
BUYZ Sharpe Ratio Rank: 5
BUYZ Sortino Ratio Rank: 5
BUYZ Omega Ratio Rank: 5
BUYZ Calmar Ratio Rank: 6
BUYZ Martin Ratio Rank: 6

DARP

DARP Risk / Return Rank: 79
DARP Sharpe Ratio Rank: 81
DARP Sortino Ratio Rank: 69
DARP Omega Ratio Rank: 69
DARP Calmar Ratio Rank: 91
DARP Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUYZ vs. DARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Disruptive Commerce ETF (BUYZ) and Grizzle Growth ETF (DARP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BUYZ	DARP	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	2.05	-2.61
Sortino ratio: Return per unit of downside risk	-0.63	2.51	-3.14
Omega ratio: Gain probability vs. loss probability	0.92	1.33	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.41	4.47	-4.88
Martin ratio: Return relative to average drawdown	-0.74	14.84	-15.59

BUYZ vs. DARP - Sharpe Ratio Comparison

The current BUYZ Sharpe Ratio is -0.56, which is lower than the DARP Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of BUYZ and DARP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BUYZ vs. DARP - Drawdown Comparison

The maximum BUYZ drawdown since its inception was -68.04%, which is greater than DARP's maximum drawdown of -30.27%. Use the drawdown chart below to compare losses from any high point for BUYZ and DARP.

Drawdown Indicators

	BUYZ	DARP	Difference
Max Drawdown Largest peak-to-trough decline	-68.04%	-30.27%	-37.77%
Max Drawdown (1Y) Largest decline over 1 year	-30.85%	-11.82%	-19.03%
Max Drawdown (3Y) Largest decline over 3 years	-30.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.21%	—	—
Current Drawdown Current decline from peak	-43.05%	-8.14%	-34.91%
Average Drawdown Average peak-to-trough decline	-38.85%	-4.64%	-34.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.11%	3.55%	+13.56%

Volatility

BUYZ vs. DARP - Volatility Comparison

The current volatility for Franklin Disruptive Commerce ETF (BUYZ) is 6.64%, while Grizzle Growth ETF (DARP) has a volatility of 10.07%. This indicates that BUYZ experiences smaller price fluctuations and is considered to be less risky than DARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUYZ	DARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.64%	10.07%	-3.43%
Volatility (6M) Calculated over the trailing 6-month period	18.06%	20.22%	-2.16%
Volatility (1Y) Calculated over the trailing 1-year period	22.79%	25.76%	-2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.25%	26.61%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.81%	26.61%	+3.20%

BUYZ vs. DARP - Expense Ratio Comparison

BUYZ has a 0.50% expense ratio, which is lower than DARP's 0.75% expense ratio.

Dividends

BUYZ vs. DARP - Dividend Comparison

BUYZ has not paid dividends to shareholders, while DARP's dividend yield for the trailing twelve months is around 0.35%.

Position	TTM	2025	2024	2023	2022	2021
BUYZ Franklin Disruptive Commerce ETF	0.00%	0.00%	0.07%	0.00%	0.00%	0.77%
DARP Grizzle Growth ETF	0.35%	0.43%	1.93%	0.32%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BUYZ and DARP in my portfolio?

BUYZ and DARP have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUYZ or DARP?

DARP has higher volatility (10.07%) compared to BUYZ (6.64%). In terms of maximum drawdown, BUYZ dropped -68.04% vs DARP's -30.27%.

Which ETF is better, BUYZ or DARP?

On 1-year performance, DARP leads with 52.56% vs -12.72% for BUYZ. On fees, BUYZ is cheaper at 0.50% per year. On volatility, BUYZ has been the lower-risk option at 6.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BUYZ or DARP?

Over the 1-year period, DARP has performed better with a 52.56% return vs -12.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BUYZ or DARP?

BUYZ is cheaper with a 0.50% expense ratio, compared with 0.75% for DARP.

Which ETF pays a higher dividend yield, BUYZ or DARP?

DARP has the higher dividend yield at 0.35%, compared with 0.00% for BUYZ.

What is the main difference between BUYZ and DARP?

They also come from different issuers: Franklin Templeton and Grizzle. Their fees differ too: 0.50% for BUYZ and 0.75% for DARP.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (2.05 vs -0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.