ADVM vs. ARKK
Compare and contrast key facts about Adverum Biotechnologies, Inc. (ADVM) and ARK Innovation ETF (ARKK).
ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADVM or ARKK.
Correlation
The correlation between ADVM and ARKK is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ADVM vs. ARKK - Performance Comparison
Key characteristics
ADVM:
-0.44
ARKK:
0.46
ADVM:
-0.20
ARKK:
0.86
ADVM:
0.98
ARKK:
1.10
ADVM:
-0.40
ARKK:
0.22
ADVM:
-0.63
ARKK:
1.14
ADVM:
63.39%
ARKK:
14.41%
ADVM:
90.67%
ARKK:
35.78%
ADVM:
-99.22%
ARKK:
-80.91%
ADVM:
-99.21%
ARKK:
-61.43%
Returns By Period
In the year-to-date period, ADVM achieves a -37.04% return, which is significantly lower than ARKK's 13.42% return. Over the past 10 years, ADVM has underperformed ARKK with an annualized return of -37.11%, while ARKK has yielded a comparatively higher 12.53% annualized return.
ADVM
-37.04%
-23.18%
-29.57%
-38.52%
-46.39%
-37.11%
ARKK
13.42%
7.45%
37.12%
13.55%
3.87%
12.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ADVM vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adverum Biotechnologies, Inc. (ADVM) and ARK Innovation ETF (ARKK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ADVM vs. ARKK - Dividend Comparison
Neither ADVM nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADVM Adverum Biotechnologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
ADVM vs. ARKK - Drawdown Comparison
The maximum ADVM drawdown since its inception was -99.22%, which is greater than ARKK's maximum drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for ADVM and ARKK. For additional features, visit the drawdowns tool.
Volatility
ADVM vs. ARKK - Volatility Comparison
Adverum Biotechnologies, Inc. (ADVM) has a higher volatility of 19.51% compared to ARK Innovation ETF (ARKK) at 11.55%. This indicates that ADVM's price experiences larger fluctuations and is considered to be riskier than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.