GGUS vs. DARP

Last updated Jun 4, 2026

GGUS (Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF) and DARP (Grizzle Growth ETF) are both Large Cap Growth Equities funds. GGUS is passively managed, while DARP is actively managed. Over the past year, GGUS returned 23.97% vs 82.62% for DARP. Their correlation of 0.83 suggests significant overlap in exposure. GGUS charges 0.12%/yr vs 0.75%/yr for DARP.

Performance

GGUS vs. DARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) 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, GGUS achieves a 7.56% return, which is significantly lower than DARP's 32.67% return.

GGUS

• 1D: -1.06%
• 1M: 6.20%
• YTD: 7.56%
• 6M: 7.02%
• 1Y: 23.97%
• 3Y*: —
• 5Y*: —
• 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)

GGUS vs. DARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GGUS Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF	7.56%	17.32%	30.88%	4.54%
DARP Grizzle Growth ETF	32.67%	40.19%	24.63%	4.90%

Correlation

The correlation between GGUS and DARP is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Dec 1, 2023	0.83

The correlation between GGUS and DARP has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

GGUS vs. DARP - Sectors Allocation Comparison

Sectors	GGUS	DARP
Technology	46.6%	45.8%
Consumer Cyclical	13.8%	6.6%
Communication Services	11.2%	19.4%
Healthcare	9.0%	1.4%
Industrials	7.2%	12.0%
Financial Services	6.9%	-
Consumer Defensive	3.4%	-
Real Estate	0.5%	-
Energy	0.5%	9.9%
Basic Materials	0.4%	4.7%
Utilities	0.3%	5.4%

Return for Risk

GGUS vs. DARP — Risk / Return Rank

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

GGUS

GGUS Risk / Return Rank: 41
GGUS Sharpe Ratio Rank: 46
GGUS Sortino Ratio Rank: 44
GGUS Omega Ratio Rank: 44
GGUS Calmar Ratio Rank: 33
GGUS Martin Ratio Rank: 36

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.

GGUS vs. DARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) 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.

	GGUS	DARP	Difference
Sharpe ratio: Return per unit of total volatility	1.61	3.59	-1.98
Sortino ratio: Return per unit of downside risk	2.22	4.03	-1.81
Omega ratio: Gain probability vs. loss probability	1.28	1.54	-0.26
Calmar ratio: Return relative to maximum drawdown	1.62	7.03	-5.41
Martin ratio: Return relative to average drawdown	5.55	26.75	-21.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGUS vs. DARP - Sharpe Ratio Comparison

The current GGUS Sharpe Ratio is 1.61, which is lower than the DARP Sharpe Ratio of 3.59. The chart below compares the historical Sharpe Ratios of GGUS 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

	GGUS	DARP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	3.59	-1.98
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	1.49	-0.19

Drawdowns

GGUS vs. DARP - Drawdown Comparison

The maximum GGUS drawdown since its inception was -22.59%, smaller than the maximum DARP drawdown of -30.27%. Use the drawdown chart below to compare losses from any high point for GGUS and DARP.

Drawdown Indicators

	GGUS	DARP	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-30.27%	+7.68%
Max Drawdown (1Y) Largest decline over 1 year	-14.91%	-11.82%	-3.09%
Current Drawdown Current decline from peak	-1.28%	-0.76%	-0.52%
Average Drawdown Average peak-to-trough decline	-3.20%	-4.64%	+1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.33%	3.10%	+1.23%

Volatility

GGUS vs. DARP - Volatility Comparison

The current volatility for Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is 3.41%, while Grizzle Growth ETF (DARP) has a volatility of 7.07%. This indicates that GGUS 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

	GGUS	DARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	7.07%	-3.66%
Volatility (6M) Calculated over the trailing 6-month period	11.30%	17.49%	-6.19%
Volatility (1Y) Calculated over the trailing 1-year period	15.00%	23.16%	-8.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.96%	26.11%	-7.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	26.11%	-7.15%

GGUS vs. DARP - Expense Ratio Comparison

GGUS has a 0.12% expense ratio, which is lower than DARP's 0.75% expense ratio.

Dividends

GGUS vs. DARP - Dividend Comparison

GGUS's dividend yield for the trailing twelve months is around 0.41%, more than DARP's 0.33% yield.

Position	TTM	2025	2024	2023
DARP Grizzle Growth ETF	0.33%	0.43%	1.93%	0.32%
GGUS Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF	0.41%	0.43%	0.68%	0.00%

Frequently Asked Questions

Can I hold both GGUS and DARP in my portfolio?

GGUS and DARP have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGUS or DARP?

DARP has higher volatility (7.07%) compared to GGUS (3.41%). In terms of maximum drawdown, GGUS dropped -22.59% vs DARP's -30.27%.

Which ETF is better, GGUS or DARP?

On 1-year performance, DARP leads with 82.62% vs 23.97% for GGUS. On fees, GGUS is cheaper at 0.12% per year. On volatility, GGUS has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GGUS or DARP?

Over the 1-year period, DARP has performed better with a 82.62% return vs 23.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GGUS or DARP?

GGUS is cheaper with a 0.12% expense ratio, compared with 0.75% for DARP.

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

GGUS has the higher dividend yield at 0.41%, compared with 0.33% for DARP.

What is the main difference between GGUS and DARP?

They also come from different issuers: Goldman Sachs and Grizzle. Their fees differ too: 0.12% for GGUS and 0.75% for DARP.

Which has better risk-adjusted returns?

DARP currently has the higher Sharpe Ratio (3.59 vs 1.61), 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.