CAML vs. DARP

Last updated Jun 25, 2026

CAML (Congress Large Cap Growth ETF) and DARP (Grizzle Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Over the past year, CAML returned 10.28% vs 64.67% for DARP. Their correlation of 0.80 suggests significant overlap in exposure. CAML charges 0.65%/yr vs 0.75%/yr for DARP.

Performance

CAML vs. DARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Congress Large Cap Growth ETF (CAML) 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, CAML achieves a 3.12% return, which is significantly lower than DARP's 26.29% return.

CAML

• 1D: 0.15%
• 1M: -0.76%
• YTD: 3.12%
• 6M: 1.68%
• 1Y: 10.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DARP

• 1D: 0.07%
• 1M: -1.69%
• YTD: 26.29%
• 6M: 25.20%
• 1Y: 64.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CAML vs. DARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CAML Congress Large Cap Growth ETF	3.12%	12.43%	23.24%	9.57%
DARP Grizzle Growth ETF	26.29%	40.19%	24.63%	6.25%

Correlation

The correlation between CAML and DARP is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Aug 28, 2023	0.80

The correlation between CAML and DARP has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.

CAML vs. DARP - Sectors Allocation Comparison

Sectors	CAML	DARP
Technology	44.7%	49.5%
Industrials	11.8%	7.7%
Consumer Cyclical	10.0%	5.6%
Communication Services	9.6%	17.2%
Financial Services	8.7%	-
Healthcare	6.2%	1.4%
Utilities	3.4%	4.6%
Real Estate	2.4%	-
Consumer Defensive	2.4%	-
Energy	2.2%	8.2%
Basic Materials	2.0%	3.2%

Return for Risk

CAML vs. DARP — Risk / Return Rank

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

CAML

CAML Risk / Return Rank: 20
CAML Sharpe Ratio Rank: 21
CAML Sortino Ratio Rank: 20
CAML Omega Ratio Rank: 19
CAML Calmar Ratio Rank: 18
CAML Martin Ratio Rank: 21

DARP

DARP Risk / Return Rank: 86
DARP Sharpe Ratio Rank: 89
DARP Sortino Ratio Rank: 78
DARP Omega Ratio Rank: 79
DARP Calmar Ratio Rank: 92
DARP Martin Ratio Rank: 91

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.

CAML vs. DARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Congress Large Cap Growth ETF (CAML) 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.

	CAML	DARP	Difference
Sharpe ratio: Return per unit of total volatility	0.68	2.63	-1.95
Sortino ratio: Return per unit of downside risk	1.04	3.05	-2.02
Omega ratio: Gain probability vs. loss probability	1.13	1.41	-0.29
Calmar ratio: Return relative to maximum drawdown	0.70	5.50	-4.81
Martin ratio: Return relative to average drawdown	2.27	19.42	-17.16

CAML vs. DARP - Sharpe Ratio Comparison

The current CAML Sharpe Ratio is 0.68, which is lower than the DARP Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of CAML 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

CAML vs. DARP - Drawdown Comparison

The maximum CAML drawdown since its inception was -21.06%, smaller than the maximum DARP drawdown of -30.27%. Use the drawdown chart below to compare losses from any high point for CAML and DARP.

Drawdown Indicators

	CAML	DARP	Difference
Max Drawdown Largest peak-to-trough decline	-21.06%	-30.27%	+9.21%
Max Drawdown (1Y) Largest decline over 1 year	-14.86%	-11.82%	-3.04%
Current Drawdown Current decline from peak	-3.39%	-5.53%	+2.14%
Average Drawdown Average peak-to-trough decline	-3.07%	-4.64%	+1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.55%	3.34%	+1.21%

Volatility

CAML vs. DARP - Volatility Comparison

The current volatility for Congress Large Cap Growth ETF (CAML) is 5.98%, while Grizzle Growth ETF (DARP) has a volatility of 10.70%. This indicates that CAML 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

	CAML	DARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	10.70%	-4.72%
Volatility (6M) Calculated over the trailing 6-month period	12.19%	19.06%	-6.87%
Volatility (1Y) Calculated over the trailing 1-year period	15.38%	24.83%	-9.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.87%	26.47%	-8.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.87%	26.47%	-8.60%

CAML vs. DARP - Expense Ratio Comparison

CAML has a 0.65% expense ratio, which is lower than DARP's 0.75% expense ratio.

Dividends

CAML vs. DARP - Dividend Comparison

CAML has not paid dividends to shareholders, while DARP's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025	2024	2023
CAML Congress Large Cap Growth ETF	0.00%	0.00%	0.06%	0.15%
DARP Grizzle Growth ETF	0.34%	0.43%	1.93%	0.32%

Frequently Asked Questions

Can I hold both CAML and DARP in my portfolio?

CAML and DARP have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAML or DARP?

DARP has higher volatility (10.70%) compared to CAML (5.98%). In terms of maximum drawdown, CAML dropped -21.06% vs DARP's -30.27%.

Which ETF is better, CAML or DARP?

On 1-year performance, DARP leads with 64.67% vs 10.28% for CAML. On fees, CAML is cheaper at 0.65% per year. On volatility, CAML has been the lower-risk option at 5.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CAML or DARP?

Over the 1-year period, DARP has performed better with a 64.67% return vs 10.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CAML or DARP?

CAML is cheaper with a 0.65% expense ratio, compared with 0.75% for DARP.

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

DARP has the higher dividend yield at 0.34%, compared with 0.00% for CAML.

What is the main difference between CAML and DARP?

They also come from different issuers: Congress and Grizzle. Their fees differ too: 0.65% for CAML and 0.75% for DARP.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (2.63 vs 0.68), 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.