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ETFs

DARP
$--
Today’s Change
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Snapshot
*

Inception Date
Dec 17 2021
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Grizzle
Volume (1m avg. daily)
$2,459
AUM
$1,240,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

MSFT
Microsoft Corporation
10.46%
NVDA
NVIDIA Corp
10.34%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
9.76%
META
Meta Platforms Inc - Ordinary Shares - Class A
9.33%
CHRD
Chord Energy Corp - Ordinary Shares - New
5.09%
ADBE
Adobe Inc
4.89%
AMD
Advanced Micro Devices Inc.
4.56%
ABNB
Airbnb Inc - Ordinary Shares - Class A
4.44%
ARG
Amerigo Resources Ltd
4.14%
ALB
Albemarle Corp.
3.91%
Invest with DARP

What is DARP?

The Fund is an actively-managed exchange-traded fund ( ETF ) that invests primarily in equity securities of companies, with a focus in growth, innovation and disruption. The Fund will seek to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition.

ETFs related toDARP

ETFs correlated to DARP include ONEQ, JGRO, FBCG

DARP
Tidal Trust II - Grizzle Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
TMFC
Rbb Fund Inc - Motley Fool 100 Index ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

GRZZ is a Global Equities ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that invests primarily in equity securities of companies, with a focus in growth, innovation and disruption. The Fund will seek to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition.

Yes, GRZZ is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, GRZZ is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GRZZ is -0.0576%. This is the percent change in the value of GRZZ over the most recent 1-month period. The 3-month return on GRZZ is 0.0494%. This is the percent change in the value of GRZZ over the most recent 3-month period.

The standard deviation of GRZZ for the past year is 0.2337%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GRZZ include ICLN, EFV, and EFG.

ETFs correlated to GRZZ include ONEQ, JGRO, and FBCG.

ETFs that are inversely correlated to GRZZ include QID, PSQ, and SQQQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.