DARP vs. IUSG

Last updated Jun 4, 2026

DARP (Grizzle Growth ETF) and IUSG (iShares Core S&P U.S. Growth ETF) are both Large Cap Growth Equities funds. DARP is actively managed, while IUSG is passively managed. Over the past year, DARP returned 82.62% vs 33.89% for IUSG. Their correlation of 0.87 suggests significant overlap in exposure. DARP charges 0.75%/yr vs 0.04%/yr for IUSG.

Performance

DARP vs. IUSG - Performance Comparison

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

Returns By Period

In the year-to-date period, DARP achieves a 32.67% return, which is significantly higher than IUSG's 14.08% return.

DARP

• 1D: -0.76%
• 1M: 8.18%
• YTD: 32.67%
• 6M: 34.22%
• 1Y: 82.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUSG

• 1D: -0.89%
• 1M: 7.35%
• YTD: 14.08%
• 6M: 13.91%
• 1Y: 33.89%
• 3Y*: 27.59%
• 5Y*: 15.69%
• 10Y*: 17.88%

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

DARP vs. IUSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DARP Grizzle Growth ETF	32.67%	40.19%	24.63%	6.25%
IUSG iShares Core S&P U.S. Growth ETF	14.08%	21.23%	34.70%	6.98%

Correlation

The correlation between DARP and IUSG is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Aug 29, 2023	0.87

The correlation between DARP and IUSG has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

DARP vs. IUSG - Sectors Allocation Comparison

Sectors	DARP	IUSG
Technology	45.8%	48.0%
Communication Services	19.4%	17.1%
Industrials	12.0%	7.5%
Energy	9.9%	0.2%
Consumer Cyclical	6.6%	9.3%
Utilities	5.4%	0.5%
Basic Materials	4.7%	0.5%
Healthcare	1.4%	6.2%
Consumer Defensive	-	1.0%
Financial Services	-	8.8%
Real Estate	-	0.9%

Return for Risk

DARP vs. IUSG — Risk / Return Rank

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

DARP

DARP Risk / Return Rank: 91
DARP Sharpe Ratio Rank: 94
DARP Sortino Ratio Rank: 88
DARP Omega Ratio Rank: 87
DARP Calmar Ratio Rank: 93
DARP Martin Ratio Rank: 94

IUSG

IUSG Risk / Return Rank: 59
IUSG Sharpe Ratio Rank: 64
IUSG Sortino Ratio Rank: 61
IUSG Omega Ratio Rank: 60
IUSG Calmar Ratio Rank: 52
IUSG Martin Ratio Rank: 61

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.

DARP vs. IUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grizzle Growth ETF (DARP) and iShares Core S&P U.S. Growth ETF (IUSG). 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.

	DARP	IUSG	Difference
Sharpe ratio: Return per unit of total volatility	3.59	2.17	+1.42
Sortino ratio: Return per unit of downside risk	4.03	2.93	+1.11
Omega ratio: Gain probability vs. loss probability	1.54	1.37	+0.17
Calmar ratio: Return relative to maximum drawdown	7.03	2.61	+4.42
Martin ratio: Return relative to average drawdown	26.75	11.09	+15.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DARP vs. IUSG - Sharpe Ratio Comparison

The current DARP Sharpe Ratio is 3.59, which is higher than the IUSG Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of DARP and IUSG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DARP	IUSG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.59	2.17	+1.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	0.38	+1.10

Drawdowns

DARP vs. IUSG - Drawdown Comparison

The maximum DARP drawdown since its inception was -30.27%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for DARP and IUSG.

Drawdown Indicators

	DARP	IUSG	Difference
Max Drawdown Largest peak-to-trough decline	-30.27%	-63.41%	+33.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.82%	-13.07%	+1.25%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.35%	—
Current Drawdown Current decline from peak	-0.76%	-0.98%	+0.22%
Average Drawdown Average peak-to-trough decline	-4.64%	-21.44%	+16.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	3.06%	+0.04%

Volatility

DARP vs. IUSG - Volatility Comparison

Grizzle Growth ETF (DARP) has a higher volatility of 7.07% compared to iShares Core S&P U.S. Growth ETF (IUSG) at 4.23%. This indicates that DARP's price experiences larger fluctuations and is considered to be riskier than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DARP	IUSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	4.23%	+2.84%
Volatility (6M) Calculated over the trailing 6-month period	17.49%	12.23%	+5.26%
Volatility (1Y) Calculated over the trailing 1-year period	23.16%	15.72%	+7.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.11%	20.87%	+5.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.11%	20.40%	+5.71%

DARP vs. IUSG - Expense Ratio Comparison

DARP has a 0.75% expense ratio, which is higher than IUSG's 0.04% expense ratio.

Dividends

DARP vs. IUSG - Dividend Comparison

DARP's dividend yield for the trailing twelve months is around 0.33%, less than IUSG's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DARP Grizzle Growth ETF	0.33%	0.43%	1.93%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSG iShares Core S&P U.S. Growth ETF	0.47%	0.53%	0.59%	1.12%	1.07%	0.59%	0.93%	1.64%	1.32%	1.28%	1.48%	1.29%

Frequently Asked Questions

Can I hold both DARP and IUSG in my portfolio?

DARP and IUSG 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 IUSG?

DARP has higher volatility (7.07%) compared to IUSG (4.23%). In terms of maximum drawdown, DARP dropped -30.27% vs IUSG's -63.41%.

Which ETF is better, DARP or IUSG?

On 1-year performance, DARP leads with 82.62% vs 33.89% for IUSG. On fees, IUSG is cheaper at 0.04% per year. On volatility, IUSG has been the lower-risk option at 4.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DARP or IUSG?

Over the 1-year period, DARP has performed better with a 82.62% return vs 33.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DARP or IUSG?

IUSG is cheaper with a 0.04% expense ratio, compared with 0.75% for DARP.

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

IUSG has the higher dividend yield at 0.47%, compared with 0.33% for DARP.

What is the main difference between DARP and IUSG?

They also come from different issuers: Grizzle and iShares. Their fees differ too: 0.75% for DARP and 0.04% for IUSG.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (3.59 vs 2.17), 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.