DARP ETF — Holdings & Analysis

The fund's expense ratio is 0.75%, and it maintains a concentrated portfolio of 41 holdings, emphasizing technology and communication services. Past performance does not guarantee future results.

Tidal Trust II Grizzle Growth ETF (DARP) ETF — Price, Holdings & Analysis

The Grizzle Growth ETF (DARP) is an actively managed equity ETF from Grizzle, focusing on growth through innovation and disruption. With $0.02B in assets under management, DARP targets companies with high revenue growth potential across various sectors. The fund's expense ratio is 0.75%, and it maintains a concentrated portfolio of 41 holdings, emphasizing technology and communication services. Past performance does not guarantee future results.

ETF Overview

The Grizzle Growth ETF invests in key growth themes across multiple sectors. The ETF is actively managed with a rigorous focus on investment process, portfolio construction, and risk management. The DARP ETF seeks growth through innovation and disruption, targeting companies with potential for attractive revenue growth.

The Grizzle Growth ETF (DARP) seeks to achieve capital appreciation by investing in companies demonstrating significant growth potential through innovation and disruption. This actively managed ETF employs a rigorous investment process, portfolio construction, and risk management approach. DARP's strategy involves identifying companies across multiple sectors poised for substantial revenue growth. The fund's portfolio is relatively concentrated, with its top ten holdings accounting for a significant portion of its assets. Key holdings include Alphabet Inc Class A (GOOGL) at 13.59%, NVIDIA Corp (NVDA) at 9.41%, and Vertiv Holdings Co Class A (VRT) at 7.44%. Sector allocation is heavily weighted towards Technology (48.9%) and Communication Services (15.7%), with additional exposure to Industrials (9.8%) and Consumer Cyclical (6.2%). This sector focus reflects the fund's emphasis on growth-oriented companies within these industries. The fund's investment strategy is geared towards investors seeking exposure to high-growth companies, although it is important to note that past performance does not guarantee future results.

Risk Metrics

DARP's concentrated portfolio of 41 holdings introduces concentration risk, as a significant portion of the fund's assets are allocated to a relatively small number of companies. For example, Alphabet Inc Class A and NVIDIA Corp together comprise over 23% of the fund. The fund's heavy allocation to the Technology sector (48.9%) also exposes it to sector-specific risks, meaning that any downturn in the technology industry could disproportionately impact DARP's performance. With a beta of 1.31, DARP exhibits higher volatility compared to the broader market. The expense ratio of 0.75% will create a drag on returns, especially when compared to passively managed ETFs with lower expense ratios. Investors should carefully consider these risks before investing in DARP. Past performance does not guarantee future results.

Expense Ratio

0.75%

What does DARP hold?

Holding	Weight
Alphabet Inc Class A (GOOGL)	13.59%
NVIDIA Corp (NVDA)	9.41%
Vertiv Holdings Co Class A (VRT)	7.44%
Micron Technology Inc (MU)	6.71%
GE Vernova Inc (GEV)	5.05%
Ciena Corp (CIEN)	4.43%
Coherent Corp (COHR)	4.31%
Amazon.com Inc (AMZN)	3.68%
Kinross Gold Corp (K.TO)	3.48%
Arista Networks Inc (ANET)	3.38%

How Is the Fund Allocated?

Sector	Weight
Technology	48.9%
Communication Services	15.7%
Industrials	9.8%
Consumer Cyclical	6.2%
Basic Materials	5.7%
Energy	4.6%
Utilities	4.4%
Cash & Others	3.8%
Healthcare	0.9%

Country	Weight
United States	80.4%
Canada	5.0%
Taiwan	2.9%
Netherlands	2.8%
United Kingdom	2.5%
China	2.4%
Australia	1.3%
Ireland	1.1%
Hong Kong	0.9%
Other	0.8%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Risk Metrics

Beta: 1.31

Questions & Answers

What is DARP and what does it track?

The Grizzle Growth ETF (DARP) is an actively managed equity ETF that seeks capital appreciation by investing in companies with high growth potential through innovation and disruption.

DARP does not track a specific index; instead, it employs a rigorous investment process, portfolio construction, and risk management approach to identify companies across multiple sectors poised for substantial revenue growth.

What is the expense ratio for DARP?

The expense ratio for the Grizzle Growth ETF (DARP) is 0.75%. This means that for every $10,000 invested in the fund, $75 is deducted annually to cover operating expenses.

While this is higher than some passively managed ETFs, it is important to consider that DARP is actively managed, which typically involves higher costs due to research and portfolio management activities.

What are the top holdings in DARP?

The Grizzle Growth ETF (DARP) has a concentrated portfolio, with its top holdings representing a significant portion of its assets.

As of 2026-03-15, the top three holdings in DARP are Alphabet Inc Class A (GOOGL) at 13.59%, NVIDIA Corp (NVDA) at 9.41%, and Vertiv Holdings Co Class A (VRT) at 7.44%.

Is DARP a good long-term investment?

Whether DARP is a suitable long-term investment depends on an individual's investment objectives, risk tolerance, and time horizon.

DARP's focus on growth stocks and its active management strategy could potentially lead to higher returns, but it also comes with increased volatility and risk. The fund's beta of 1.31 indicates that it is more volatile than the overall market.

How does DARP compare to similar ETFs?

DARP differentiates itself through its active management and focus on growth through innovation and disruption. Compared to passively managed growth ETFs, DARP has a higher expense ratio of 0.75%. Many passive growth ETFs have expense ratios below 0.20%.

DARP's AUM is $0.02B, which is smaller than many established growth ETFs.

Does DARP pay dividends?

As of 2026-03-15, the Grizzle Growth ETF (DARP) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders.

DARP's investment strategy focuses on capital appreciation through growth stocks, rather than income generation. Therefore, investors seeking dividend income may find other ETFs more suitable for their needs.