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DARPGrizzle Growth ETF

Get incomeTake a bet4y track recordRanked #412 of 775 in this goal

Seeks capital appreciation.

By Grizzle ETF · Launched 2021

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$32M

#3,978 of 5,562 · small

Dividend YieldGoal

0.33%

Track Record

4 years

#2,567 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$17,554+75.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Option income

Factor

Growth

What it actually holds

By weight

Concentration

Top 10 holdings = 61.2% of fundconcentrated

Alphabet Inc
15.0%
NVIDIA Corp
10.3%
Micron Technology Inc
7.6%
Vertiv Holdings Co
6.2%
GE Vernova Inc
4.3%
Amazon.com Inc
4.3%
Arista Networks Inc
3.6%
Coherent Corp
3.6%
Ciena Corp
3.2%
Meta Platforms Inc
3.1%

Asset allocation

Stocks
98.9%
Cash
1.2%

By sector

Technology
51.5%
Communication
17.9%
Industrials
10.5%
Energy
8.2%
Consumer Cyclical
6.2%
Basic Materials
4.3%
Healthcare
1.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
24.4%High

Year-on-year price swings

Max drawdown
-30.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.16Strong risk-adjusted returns
Sortino (3Y)
1.66Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation.
Strategy
Actively managed ETF investing primarily in equity securities focused on growth, innovation, and disruption. Targets sectors like digitization, health, and renewable energy, using fundamental and quantitative analysis to select 30 to 60 securities.
Inception date
December 15, 2021
Fund family
Grizzle ETF

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19