DARP vs. OUSA

Last updated Aug 5, 2026

DARP (Grizzle Growth ETF) and OUSA (OShares U.S. Quality Dividend ETF) are both exchange-traded funds - DARP is a Large Cap Growth Equities fund actively managed by Grizzle, while OUSA is a Quality Factor fund tracking the O'Shares US Quality Dividend Index. DARP is actively managed, while OUSA is passively managed. Over the past year, DARP returned 54.61% vs 16.10% for OUSA. Their 0.36 correlation means their historical movements had little consistent relationship. DARP charges 0.75%/yr vs 0.48%/yr for OUSA.

Performance

DARP vs. OUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grizzle Growth ETF (DARP) and OShares U.S. Quality Dividend ETF (OUSA). 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 OUSA's 8.45% return.

DARP

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

OUSA

• 1D: 1.27%
• 1M: 3.71%
• 6M: 5.67%
• YTD: 8.45%
• 1Y: 16.10%
• 3Y*: 14.04%
• 5Y*: 9.18%
• 10Y*: 10.54%
• ALL TIME*: 10.85%

*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
OUSA OShares U.S. Quality Dividend ETF	$880.04K	$1.30M	$1.44M

DARP vs. OUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DARP Grizzle Growth ETF	27.36%	40.19%	24.63%	6.25%
OUSA OShares U.S. Quality Dividend ETF	8.45%	10.23%	17.09%	6.25%

Correlation

The correlation between DARP and OUSA is 0.11, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.11
Correlation (All Time) Calculated using the full available price history since Aug 28, 2023	0.36

Over the past year, the correlation between DARP and OUSA has dropped to 0.11 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

DARP vs. OUSA - Sectors Allocation Comparison

Sectors	DARP	OUSA
Technology	48.3%	23.7%
Communication Services	13.5%	10.3%
Energy	9.2%	-
Consumer Cyclical	8.3%	13.1%
Industrials	8.2%	11.9%
Utilities	5.2%	-
Basic Materials	4.2%	-
Healthcare	1.4%	15.1%
Consumer Defensive	-	7.4%
Financial Services	-	18.6%
Real Estate	-	-

Return for Risk

DARP vs. OUSA — 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

OUSA

OUSA Risk / Return Rank: 56
OUSA Sharpe Ratio Rank: 59
OUSA Sortino Ratio Rank: 64
OUSA Omega Ratio Rank: 57
OUSA Calmar Ratio Rank: 48
OUSA Martin Ratio Rank: 52

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. OUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grizzle Growth ETF (DARP) and OShares U.S. Quality Dividend ETF (OUSA). 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	OUSA	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.58	+0.46
Sortino ratio: Return per unit of downside risk	2.53	2.40	+0.13
Omega ratio: Gain probability vs. loss probability	1.32	1.28	+0.04
Calmar ratio: Return relative to maximum drawdown	3.48	1.93	+1.55
Martin ratio: Return relative to average drawdown	13.14	6.75	+6.39

DARP vs. OUSA - Sharpe Ratio Comparison

The current DARP Sharpe Ratio is 2.04, which is comparable to the OUSA Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of DARP and OUSA, 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. OUSA - Drawdown Comparison

The maximum DARP drawdown since its inception was -30.27%, smaller than the maximum OUSA drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for DARP and OUSA.

Drawdown Indicators

	DARP	OUSA	Difference
Max Drawdown Largest peak-to-trough decline	-30.27%	-33.12%	+2.85%
Max Drawdown (1Y) Largest decline over 1 year	-15.76%	-8.36%	-7.40%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.12%	—
Current Drawdown Current decline from peak	-4.73%	0.00%	-4.73%
Average Drawdown Average peak-to-trough decline	-4.72%	-3.50%	-1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	2.39%	+1.78%

Volatility

DARP vs. OUSA - Volatility Comparison

Grizzle Growth ETF (DARP) has a higher volatility of 10.12% compared to OShares U.S. Quality Dividend ETF (OUSA) at 3.81%. This indicates that DARP's price experiences larger fluctuations and is considered to be riskier than OUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DARP	OUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.12%	3.81%	+6.31%
Volatility (6M) Calculated over the trailing 6-month period	21.55%	8.12%	+13.43%
Volatility (1Y) Calculated over the trailing 1-year period	26.96%	10.31%	+16.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.86%	13.39%	+13.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.86%	15.20%	+11.66%

DARP vs. OUSA - Expense Ratio Comparison

DARP has a 0.75% expense ratio, which is higher than OUSA's 0.48% expense ratio.

Dividends

DARP vs. OUSA - Dividend Comparison

DARP's dividend yield for the trailing twelve months is around 0.34%, less than OUSA's 1.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DARP Grizzle Growth ETF	0.34%	0.43%	1.93%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OUSA OShares U.S. Quality Dividend ETF	1.33%	1.39%	1.50%	1.81%	1.92%	1.56%	2.03%	2.31%	3.06%	2.15%	2.32%	1.17%

Frequently Asked Questions

Can I hold both DARP and OUSA in my portfolio?

DARP and OUSA have a correlation of 0.11, 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 OUSA?

DARP has higher volatility (10.12%) compared to OUSA (3.81%). In terms of maximum drawdown, DARP dropped -30.27% vs OUSA's -33.12%.

Which ETF is better, DARP or OUSA?

On 1-year performance, DARP leads with 54.61% vs 16.10% for OUSA. On fees, OUSA is cheaper at 0.48% per year. On volatility, OUSA has been the lower-risk option at 3.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DARP or OUSA?

Over the 1-year period, DARP has performed better with a 54.61% return vs 16.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DARP or OUSA?

OUSA is cheaper with a 0.48% expense ratio, compared with 0.75% for DARP.

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

OUSA has the higher dividend yield at 1.33%, compared with 0.34% for DARP.

What is the main difference between DARP and OUSA?

DARP is categorized as Large Cap Growth Equities, while OUSA is Quality Factor. They also come from different issuers: Grizzle and O'Shares Investments. Their fees differ too: 0.75% for DARP and 0.48% for OUSA.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (2.04 vs 1.58), 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.