GRW vs. DARP

Last updated Jun 4, 2026

GRW (TCW Durable Growth ETF) and DARP (Grizzle Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a correlation of -0.20, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

GRW vs. DARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Durable Growth ETF (GRW) and Grizzle Growth ETF (DARP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GRW

• 1D: -0.32%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 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)

GRW vs. DARP - Yearly Performance Comparison

	2026 (YTD)
GRW TCW Durable Growth ETF	1.29%
DARP Grizzle Growth ETF	1.82%

Correlation

The correlation between GRW and DARP is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-0.20

GRW vs. DARP - Sectors Allocation Comparison

Sectors	GRW	DARP
Industrials	38.1%	12.0%
Technology	26.6%	45.8%
Financial Services	9.8%	-
Communication Services	9.1%	19.4%
Consumer Cyclical	8.3%	6.6%
Healthcare	4.1%	1.4%
Basic Materials	4.0%	4.7%
Consumer Defensive	-	-
Energy	-	9.9%
Real Estate	-	-
Utilities	-	5.4%

Return for Risk

GRW vs. DARP — 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

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.

GRW vs. DARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Durable Growth ETF (GRW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GRW	DARP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	14.00	1.49	+12.51

Drawdowns

GRW vs. DARP - Drawdown Comparison

The maximum GRW drawdown since its inception was -0.45%, smaller than the maximum DARP drawdown of -30.27%. Use the drawdown chart below to compare losses from any high point for GRW and DARP.

Drawdown Indicators

	GRW	DARP	Difference
Max Drawdown Largest peak-to-trough decline	-0.45%	-30.27%	+29.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.82%	—
Current Drawdown Current decline from peak	-0.45%	-0.76%	+0.31%
Average Drawdown Average peak-to-trough decline	-0.14%	-4.64%	+4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.10%	—

Volatility

Volatility by Period

	GRW	DARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.19%	23.16%	-12.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	26.11%	-15.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.19%	26.11%	-15.92%

GRW vs. DARP - Expense Ratio Comparison

Both GRW and DARP have an expense ratio of 0.75%.

Dividends

GRW vs. DARP - Dividend Comparison

GRW has not paid dividends to shareholders, while DARP's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023
DARP Grizzle Growth ETF	0.33%	0.43%	1.93%	0.32%
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GRW and DARP in my portfolio?

GRW and DARP have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRW or DARP?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRW or DARP?

GRW and DARP have the same expense ratio: 0.75% per year.

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

DARP has the higher dividend yield at 0.33%, compared with 0.00% for GRW.

What is the main difference between GRW and DARP?

They also come from different issuers: TCW and Grizzle.