ARCK.L vs. HDGB.L
ARCK.L (ARK Innovation UCITS ETF USD Accumulating) and HDGB.L (VanEck Hydrogen Economy UCITS ETF USD (Acc)) are both exchange-traded funds - ARCK.L is a Global Equities fund actively managed by ARK Invest, while HDGB.L is a Hydrogen Economy fund tracking the MVIS Global Hydrogen Economy ESG Index. ARCK.L is actively managed, while HDGB.L is passively managed. Over the past year, ARCK.L returned 8.77% vs 55.48% for HDGB.L. A 0.56 correlation means they provide meaningful diversification when combined. ARCK.L charges 0.78%/yr vs 0.55%/yr for HDGB.L.
Performance
ARCK.L vs. HDGB.L - Performance Comparison
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Different Trading Currencies
ARCK.L is traded in GBp, while HDGB.L is traded in GBP. To make them comparable, the HDGB.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ARCK.L achieves a 6.05% return, which is significantly lower than HDGB.L's 32.72% return.
ARCK.L
- 1D
- 0.00%
- 1M
- -3.88%
- 6M
- -1.18%
- YTD
- 6.05%
- 1Y
- 8.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDGB.L
- 1D
- -1.51%
- 1M
- -13.74%
- 6M
- 14.76%
- YTD
- 32.72%
- 1Y
- 55.48%
- 3Y*
- -8.38%
- 5Y*
- -12.94%
- 10Y*
- —
ARCK.L vs. HDGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ARCK.L ARK Innovation UCITS ETF USD Accumulating | 6.05% | 27.55% | 10,578.66% |
HDGB.L VanEck Hydrogen Economy UCITS ETF USD (Acc) | 32.72% | 10.07% | -10.96% |
Correlation
The correlation between ARCK.L and HDGB.L is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.56 |
The correlation between ARCK.L and HDGB.L has been stable across timeframes, ranging from 0.56 to 0.57 - a consistent structural relationship.
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Return for Risk
ARCK.L vs. HDGB.L — Risk / Return Rank
ARCK.L
HDGB.L
ARCK.L vs. HDGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation UCITS ETF USD Accumulating (ARCK.L) and VanEck Hydrogen Economy UCITS ETF USD (Acc) (HDGB.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARCK.L | HDGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.24 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | 1.81 | -1.61 |
| Martin ratioReturn relative to average drawdown | 0.30 | 4.15 | -3.85 |
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Drawdowns
ARCK.L vs. HDGB.L - Drawdown Comparison
The maximum ARCK.L drawdown since its inception was -44.34%, smaller than the maximum HDGB.L drawdown of -80.00%. Use the drawdown chart below to compare losses from any high point for ARCK.L and HDGB.L.
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Drawdown Indicators
| ARCK.L | HDGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.34% | -80.00% | +35.66% |
Max Drawdown (1Y)Largest decline over 1 year | -44.34% | -30.53% | -13.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -80.00% | — |
Current DrawdownCurrent decline from peak | -31.09% | -59.70% | +28.61% |
Average DrawdownAverage peak-to-trough decline | -16.36% | -51.61% | +35.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.14% | 13.34% | +15.80% |
Volatility
ARCK.L vs. HDGB.L - Volatility Comparison
The current volatility for ARK Innovation UCITS ETF USD Accumulating (ARCK.L) is 8.62%, while VanEck Hydrogen Economy UCITS ETF USD (Acc) (HDGB.L) has a volatility of 10.38%. This indicates that ARCK.L experiences smaller price fluctuations and is considered to be less risky than HDGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARCK.L | HDGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.62% | 10.38% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 24.34% | 27.41% | -3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.91% | 39.12% | +16.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5,468.56% | 34.53% | +5,434.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,468.56% | 34.61% | +5,433.95% |
ARCK.L vs. HDGB.L - Expense Ratio Comparison
ARCK.L has a 0.78% expense ratio, which is higher than HDGB.L's 0.55% expense ratio.
Dividends
ARCK.L vs. HDGB.L - Dividend Comparison
Neither ARCK.L nor HDGB.L has paid dividends to shareholders.
Frequently Asked Questions
ARCK.L and HDGB.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HDGB.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HDGB.L is cheaper with a 0.55% expense ratio, compared with 0.78% for ARCK.L.
ARCK.L is categorized as Global Equities, while HDGB.L is Hydrogen Economy. They also come from different issuers: ARK Invest and VanEck. Their fees differ too: 0.78% for ARCK.L and 0.55% for HDGB.L.
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