Tidal Trust II Grizzle Growth ETF
$58.96−0.24 (−0.41%)
- 0.75%
- $44M
- +42.4%
- 0.33%
- 0M sh
- $59.15
- low $40.40high $61.76
The ETF.net DARP Grade
D
Score 39 out of 100
- 23 of 31
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D27 out of 100Rank 20 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.C46 out of 100Rank 9 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 11 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 16 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 25 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D25 out of 100Rank 28 of 31
Our read on DARP
DThe ticker is the thesis: disruption at a reasonable price. Two founder-managers run a concentrated global book of 30 to 60 innovation names screened on valuation, in a corner of the market where most rivals simply track a theme index.
The Fund seeks long-term capital appreciation through an actively managed portfolio of equity securities focused on growth, innovation, and disruption.
Why people hold it
- Valuation discipline is baked into the name: DARP targets disruption at a reasonable price, aiming at companies whose revenue and earnings can outgrow the broad market.etf.grizzle.com
- Genuinely active, not an index in costume: a non-diversified portfolio of 30 to 60 global stocks of any market cap, chosen by the two founders of the sub-adviser.etf.grizzle.com
- Spreads its bets across four themes (cloud and digitization, future media, health and wellness, energy transition) instead of living or dying by one sector.etf.grizzle.com
- The managers show their work: fund letters, a factsheet and a strategy whitepaper sit on the fund's own site.etf.grizzle.com
Worth knowing
- At 0.75% a year, it costs more than the 0.65% typical of its innovation peers, and well above index-based rivals like KOMP (0.20%) and XT (0.46%).
- A small fund that trades lightly, so bid-ask spreads can run wider than at the category's household names.
- Concentrated (roughly 40 holdings) and non-diversified, so individual positions carry real weight, and cash comes back once or twice a year rather than quarterly.etf.grizzle.com
DARP Holdings
- Stocks
- 45
- 57%
- GOOGL
Sectors
- Technology54.4%
- Communication11.9%
- Industrials9.6%
- Energy8.9%
- Consumer Discretionary8.3%
- Materials5.5%
- Health Care1.4%
Geography
- United States85.34%
- Taiwan3.22%
- United Kingdom2.86%
- Canada2.63%
- Netherlands2.15%
- Ireland1.29%
- Hong Kong1.27%
- China0.77%
- 0.47%
DARP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
DARP$14,238
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DARP |
|---|---|
| Year to date | +30.9% |
| 1 month | +2.8% |
| 3 months | +2.3% |
| 1 year | +42.4% |
| 3 years | +34.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DARP |
|---|---|---|
| 2026 YTD | +30.9% | |
| 2025 | +40.2% | |
| 2024 | +24.6% | |
| 2023 | +33.3% | |
| 2022 | −19.9% | |
| 2021 | +0.4% |
DARP in the news
DARP Dividends
- 0.33%
- $0.20
- $0.20 per share
- Annual
Distribution history
DARP Risk
- 21.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −30.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DARP Cost
0.75%
DARP0.75%
- The middle half of Disruptive Innovation funds
- Median 0.65%
19 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- CSOCLGlobal X - Social Media ETFExpense ratio 0.65%1 year return −22.2%
- CYNOTHorizon Digital Frontier ETFExpense ratio 0.75%1 year return +18.2%
- DARKWARK Next Generation Internet ETFExpense ratio 0.76%1 year return −1.3%
- DSPRXSpear Alpha ETFExpense ratio 0.75%1 year return +14.2%
- DKNOAXS Knowledge Leaders ETFExpense ratio 0.78%1 year return +27.5%