FCTR vs. DARP

Last updated Jun 4, 2026

FCTR (First Trust Lunt U.S. Factor Rotation ETF) and DARP (Grizzle Growth ETF) are both Large Cap Growth Equities funds. FCTR is passively managed, while DARP is actively managed. Over the past year, FCTR returned 23.34% vs 82.62% for DARP. A 0.73 correlation means they provide meaningful diversification when combined. FCTR charges 0.65%/yr vs 0.75%/yr for DARP.

Performance

FCTR vs. DARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Lunt U.S. Factor Rotation ETF (FCTR) 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, FCTR achieves a 15.16% return, which is significantly lower than DARP's 32.67% return.

FCTR

• 1D: -0.76%
• 1M: 8.63%
• YTD: 15.16%
• 6M: 15.25%
• 1Y: 23.34%
• 3Y*: 18.16%
• 5Y*: 4.29%
• 10Y*: —

DARP

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

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

FCTR vs. DARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FCTR First Trust Lunt U.S. Factor Rotation ETF	15.16%	8.63%	19.54%	11.21%
DARP Grizzle Growth ETF	32.67%	40.19%	24.63%	6.25%

Correlation

The correlation between FCTR and DARP is 0.71, 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	0.71
Correlation (All Time) Calculated using the full available price history since Aug 29, 2023	0.73

The correlation between FCTR and DARP has been stable across timeframes, ranging from 0.71 to 0.73 - a consistent structural relationship.

FCTR vs. DARP - Sectors Allocation Comparison

Sectors	FCTR	DARP
Technology	19.3%	45.8%
Financial Services	18.7%	-
Healthcare	9.4%	1.4%
Industrials	9.4%	12.0%
Consumer Cyclical	8.5%	6.6%
Consumer Defensive	8.1%	-
Real Estate	7.8%	-
Energy	6.5%	9.9%
Basic Materials	4.6%	4.7%
Utilities	4.3%	5.4%
Communication Services	3.5%	19.4%

Return for Risk

FCTR vs. DARP — Risk / Return Rank

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

FCTR

FCTR Risk / Return Rank: 40
FCTR Sharpe Ratio Rank: 37
FCTR Sortino Ratio Rank: 36
FCTR Omega Ratio Rank: 36
FCTR Calmar Ratio Rank: 43
FCTR Martin Ratio Rank: 47

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

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.

FCTR vs. DARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Lunt U.S. Factor Rotation ETF (FCTR) 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.

	FCTR	DARP	Difference
Sharpe ratio: Return per unit of total volatility	1.34	3.59	-2.25
Sortino ratio: Return per unit of downside risk	1.86	4.03	-2.17
Omega ratio: Gain probability vs. loss probability	1.24	1.54	-0.31
Calmar ratio: Return relative to maximum drawdown	2.10	7.03	-4.93
Martin ratio: Return relative to average drawdown	7.66	26.75	-19.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCTR vs. DARP - Sharpe Ratio Comparison

The current FCTR Sharpe Ratio is 1.34, which is lower than the DARP Sharpe Ratio of 3.59. The chart below compares the historical Sharpe Ratios of FCTR 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.

Sharpe Ratios by Period

	FCTR	DARP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	3.59	-2.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	1.49	-1.02

Drawdowns

FCTR vs. DARP - Drawdown Comparison

The maximum FCTR drawdown since its inception was -37.10%, which is greater than DARP's maximum drawdown of -30.27%. Use the drawdown chart below to compare losses from any high point for FCTR and DARP.

Drawdown Indicators

	FCTR	DARP	Difference
Max Drawdown Largest peak-to-trough decline	-37.10%	-30.27%	-6.83%
Max Drawdown (1Y) Largest decline over 1 year	-11.17%	-11.82%	+0.65%
Max Drawdown (3Y) Largest decline over 3 years	-22.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.10%	—	—
Current Drawdown Current decline from peak	-0.76%	-0.76%	0.00%
Average Drawdown Average peak-to-trough decline	-10.40%	-4.64%	-5.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	3.10%	-0.05%

Volatility

FCTR vs. DARP - Volatility Comparison

First Trust Lunt U.S. Factor Rotation ETF (FCTR) and Grizzle Growth ETF (DARP) have volatilities of 6.82% and 7.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCTR	DARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.82%	7.07%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	17.49%	-5.65%
Volatility (1Y) Calculated over the trailing 1-year period	17.53%	23.16%	-5.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.64%	26.11%	-6.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.94%	26.11%	-4.17%

FCTR vs. DARP - Expense Ratio Comparison

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

Dividends

FCTR vs. DARP - Dividend Comparison

FCTR's dividend yield for the trailing twelve months is around 0.35%, more than DARP's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DARP Grizzle Growth ETF	0.33%	0.43%	1.93%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%
FCTR First Trust Lunt U.S. Factor Rotation ETF	0.35%	0.30%	0.82%	1.04%	1.38%	0.46%	0.44%	0.98%	0.66%

Frequently Asked Questions

Can I hold both FCTR and DARP in my portfolio?

FCTR and DARP have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCTR or DARP?

DARP has higher volatility (7.07%) compared to FCTR (6.82%). In terms of maximum drawdown, FCTR dropped -37.10% vs DARP's -30.27%.

Which ETF is better, FCTR or DARP?

On 1-year performance, DARP leads with 82.62% vs 23.34% for FCTR. On fees, FCTR is cheaper at 0.65% per year. On volatility, FCTR has been the lower-risk option at 6.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FCTR or DARP?

Over the 1-year period, DARP has performed better with a 82.62% return vs 23.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FCTR or DARP?

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

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

FCTR has the higher dividend yield at 0.35%, compared with 0.33% for DARP.

What is the main difference between FCTR and DARP?

They also come from different issuers: First Trust and Grizzle. Their fees differ too: 0.65% for FCTR and 0.75% for DARP.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (3.59 vs 1.34), 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.