PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AMZA vs. ARKK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

AMZA vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InfraCap MLP ETF (AMZA) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
20.25%
26.65%
AMZA
ARKK

Returns By Period

In the year-to-date period, AMZA achieves a 38.19% return, which is significantly higher than ARKK's 7.33% return. Over the past 10 years, AMZA has underperformed ARKK with an annualized return of -2.45%, while ARKK has yielded a comparatively higher 11.81% annualized return.


AMZA

YTD

38.19%

1M

14.02%

6M

20.25%

1Y

36.58%

5Y (annualized)

13.53%

10Y (annualized)

-2.45%

ARKK

YTD

7.33%

1M

22.84%

6M

26.66%

1Y

26.83%

5Y (annualized)

3.78%

10Y (annualized)

11.81%

Key characteristics


AMZAARKK
Sharpe Ratio1.930.75
Sortino Ratio2.611.24
Omega Ratio1.321.15
Calmar Ratio0.800.36
Martin Ratio9.081.86
Ulcer Index4.03%14.39%
Daily Std Dev18.92%35.62%
Max Drawdown-91.46%-80.91%
Current Drawdown-22.61%-63.50%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AMZA vs. ARKK - Expense Ratio Comparison

AMZA has a 2.01% expense ratio, which is higher than ARKK's 0.75% expense ratio.


AMZA
InfraCap MLP ETF
Expense ratio chart for AMZA: current value at 2.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.01%
Expense ratio chart for ARKK: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Correlation

-0.50.00.51.00.3

The correlation between AMZA and ARKK is 0.31, 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.

Risk-Adjusted Performance

AMZA vs. ARKK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for InfraCap MLP ETF (AMZA) 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.


Sharpe ratio
The chart of Sharpe ratio for AMZA, currently valued at 1.93, compared to the broader market0.002.004.006.001.930.75
The chart of Sortino ratio for AMZA, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.0012.002.611.24
The chart of Omega ratio for AMZA, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.321.15
The chart of Calmar ratio for AMZA, currently valued at 0.80, compared to the broader market0.005.0010.0015.000.800.36
The chart of Martin ratio for AMZA, currently valued at 9.08, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.081.86
AMZA
ARKK

The current AMZA Sharpe Ratio is 1.93, which is higher than the ARKK Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of AMZA and ARKK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.93
0.75
AMZA
ARKK

Dividends

AMZA vs. ARKK - Dividend Comparison

AMZA's dividend yield for the trailing twelve months is around 6.82%, while ARKK has not paid dividends to shareholders.


TTM202320222021202020192018201720162015
AMZA
InfraCap MLP ETF
6.82%9.40%7.65%10.24%22.13%19.47%34.46%24.16%18.36%18.21%
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

AMZA vs. ARKK - Drawdown Comparison

The maximum AMZA drawdown since its inception was -91.46%, which is greater than ARKK's maximum drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for AMZA and ARKK. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-22.36%
-63.50%
AMZA
ARKK

Volatility

AMZA vs. ARKK - Volatility Comparison

The current volatility for InfraCap MLP ETF (AMZA) is 5.51%, while ARK Innovation ETF (ARKK) has a volatility of 13.83%. This indicates that AMZA experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
5.51%
13.83%
AMZA
ARKK