Tidal Trust II Grizzle Growth ETF
$58.23−0.67 (−1.15%)
- Expense ratio
- 0.75%
- Fund size
- $46M
- 1Y return
- +42.6%
- Yield · Last 12 months
- 0.33%
- Holdings
- 46
- Volume · 30D
- 0M sh
- NAV per share
- $58.70
- 52W range
The ETF.net DARP Grade
Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 27Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 45Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 37Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 24Category rank
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
- 46
- 57%
- GOOGL
Sectors
- Technology51.3%
- Communication11.5%
- Energy10.2%
- Industrials9.9%
- Consumer Discr.8.8%
- Materials7.0%
- Health Care1.4%
Geography
- United States84.55%
- Canada3.36%
- United Kingdom3.30%
- Taiwan3.05%
- Netherlands2.03%
- Ireland1.22%
- Hong Kong1.18%
- China0.81%
- 0.50%
DARP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +30.3% |
| 1 month | +2.1% |
| 3 months | −1.4% |
| 1 year | +42.6% |
| 3 years | +35.6% |
| 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 | +30.3% | |
| 2025 | +40.2% | |
| 2024 | +24.6% | |
| 2023 | +33.3% | |
| 2022 | −19.9% | |
| 2021 | +0.4% |
DARP in the news
ETF.net Research hasn’t filed on DARP yet — coverage lands here as it’s written.
DARP Dividends
- 0.33%
- $0.20
- $0.20 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 29, 2025 | Dec 30, 2025 | $0.20 |
| Dec 23, 2024 | Dec 26, 2024 | $0.62 |
| Dec 22, 2023 | Dec 27, 2023 | $0.09 |
| Dec 23, 2022 | Dec 28, 2022 | $0.29 |
DARP Risk
- 21.9%
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.
- 1.16
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
- The middle half of Disruptive Innovation funds
- Median 0.65%
19 of the 31 Disruptive Innovation funds charge less.