DARP vs. DYNF

Last updated Aug 5, 2026

DARP (Grizzle Growth ETF) and DYNF (iShares U.S. Equity Factor Rotation Active ETF) are both exchange-traded funds - DARP is a Large Cap Growth Equities fund actively managed by Grizzle, while DYNF is a Large Cap Blend Equities fund actively managed by iShares. Both are actively managed. Over the past year, DARP returned 54.61% vs 25.96% for DYNF. Their correlation of 0.84 means they have usually moved in the same direction. DARP charges 0.75%/yr vs 0.26%/yr for DYNF.

Performance

DARP vs. DYNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grizzle Growth ETF (DARP) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DARP achieves a 27.36% return, which is significantly higher than DYNF's 15.02% return.

DARP

• 1D: 2.64%
• 1M: 1.10%
• 6M: 15.74%
• YTD: 27.36%
• 1Y: 54.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.07%

DYNF

• 1D: 1.87%
• 1M: 3.72%
• 6M: 13.48%
• YTD: 15.02%
• 1Y: 25.96%
• 3Y*: 25.17%
• 5Y*: 14.84%
• 10Y*: —
• ALL TIME*: 16.62%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DARP Grizzle Growth ETF	$444.32K	$313.93K	$438.54K
DYNF iShares U.S. Equity Factor Rotation Active ETF	$127.49M	$133.64M	$165.30M

DARP vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DARP Grizzle Growth ETF	27.36%	40.19%	24.63%	6.25%
DYNF iShares U.S. Equity Factor Rotation Active ETF	15.02%	20.00%	30.29%	11.00%

Correlation

The correlation between DARP and DYNF is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (All Time) Calculated using the full available price history since Aug 28, 2023	0.84

The correlation between DARP and DYNF has been stable across timeframes, ranging from 0.84 to 0.84 - a consistent structural relationship.

DARP vs. DYNF - Sectors Allocation Comparison

Sectors	DARP	DYNF
Technology	48.3%	40.1%
Communication Services	13.5%	10.3%
Energy	9.2%	4.4%
Consumer Cyclical	8.3%	7.0%
Industrials	8.2%	10.4%
Utilities	5.2%	2.2%
Basic Materials	4.2%	0.7%
Healthcare	1.4%	6.2%
Consumer Defensive	-	1.6%
Financial Services	-	15.0%
Real Estate	-	2.0%

Return for Risk

DARP vs. DYNF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DARP

DARP Risk / Return Rank: 77
DARP Sharpe Ratio Rank: 80
DARP Sortino Ratio Rank: 69
DARP Omega Ratio Rank: 67
DARP Calmar Ratio Rank: 84
DARP Martin Ratio Rank: 84

DYNF

DYNF Risk / Return Rank: 76
DYNF Sharpe Ratio Rank: 74
DYNF Sortino Ratio Rank: 73
DYNF Omega Ratio Rank: 71
DYNF Calmar Ratio Rank: 76
DYNF Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DARP vs. DYNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grizzle Growth ETF (DARP) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). 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.

	DARP	DYNF	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.89	+0.15
Sortino ratio: Return per unit of downside risk	2.53	2.63	-0.10
Omega ratio: Gain probability vs. loss probability	1.32	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	3.48	3.01	+0.47
Martin ratio: Return relative to average drawdown	13.14	13.69	-0.55

DARP vs. DYNF - Sharpe Ratio Comparison

The current DARP Sharpe Ratio is 2.04, which is comparable to the DYNF Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of DARP and DYNF, 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

DARP vs. DYNF - Drawdown Comparison

The maximum DARP drawdown since its inception was -30.27%, smaller than the maximum DYNF drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for DARP and DYNF.

Drawdown Indicators

	DARP	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-30.27%	-34.72%	+4.45%
Max Drawdown (1Y) Largest decline over 1 year	-15.76%	-8.67%	-7.09%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.65%	—
Current Drawdown Current decline from peak	-4.73%	0.00%	-4.73%
Average Drawdown Average peak-to-trough decline	-4.72%	-5.87%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	1.90%	+2.27%

Volatility

DARP vs. DYNF - Volatility Comparison

Grizzle Growth ETF (DARP) has a higher volatility of 10.12% compared to iShares U.S. Equity Factor Rotation Active ETF (DYNF) at 4.48%. This indicates that DARP's price experiences larger fluctuations and is considered to be riskier than DYNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DARP	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.12%	4.48%	+5.64%
Volatility (6M) Calculated over the trailing 6-month period	21.55%	11.30%	+10.25%
Volatility (1Y) Calculated over the trailing 1-year period	26.96%	13.84%	+13.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.86%	17.67%	+9.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.86%	19.85%	+7.01%

DARP vs. DYNF - Expense Ratio Comparison

DARP has a 0.75% expense ratio, which is higher than DYNF's 0.26% expense ratio.

Dividends

DARP vs. DYNF - Dividend Comparison

DARP's dividend yield for the trailing twelve months is around 0.34%, less than DYNF's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DARP Grizzle Growth ETF	0.34%	0.43%	1.93%	0.32%	0.00%	0.00%	0.00%	0.00%
DYNF iShares U.S. Equity Factor Rotation Active ETF	0.77%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%

Frequently Asked Questions

Can I hold both DARP and DYNF in my portfolio?

DARP and DYNF have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DARP or DYNF?

DARP has higher volatility (10.12%) compared to DYNF (4.48%). In terms of maximum drawdown, DARP dropped -30.27% vs DYNF's -34.72%.

Which ETF is better, DARP or DYNF?

On 1-year performance, DARP leads with 54.61% vs 25.96% for DYNF. On fees, DYNF is cheaper at 0.26% per year. On volatility, DYNF has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DARP or DYNF?

Over the 1-year period, DARP has performed better with a 54.61% return vs 25.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DARP or DYNF?

DYNF is cheaper with a 0.26% expense ratio, compared with 0.75% for DARP.

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

DYNF has the higher dividend yield at 0.77%, compared with 0.34% for DARP.

What is the main difference between DARP and DYNF?

DARP is categorized as Large Cap Growth Equities, while DYNF is Large Cap Blend Equities. They also come from different issuers: Grizzle and iShares. Their fees differ too: 0.75% for DARP and 0.26% for DYNF.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (2.04 vs 1.89), 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.