ARKC vs. QQQM
Compare and contrast key facts about ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and Invesco NASDAQ 100 ETF (QQQM).
ARKC and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKC is an actively managed fund by ARK. It was launched on Nov 14, 2023. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKC or QQQM.
Key characteristics
| ARKC | QQQM | |
|---|---|---|
| YTD Return | 34.63% | 16.05% |
| Daily Std Dev | 47.90% | 17.67% |
| Max Drawdown | -24.29% | -35.05% |
| Current Drawdown | -17.44% | -5.85% |
Correlation
The correlation between ARKC and QQQM is 0.25, 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
ARKC vs. QQQM - Performance Comparison
In the year-to-date period, ARKC achieves a 34.63% return, which is significantly higher than QQQM's 16.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ARKC vs. QQQM - Expense Ratio Comparison
ARKC has a 0.93% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
ARKC vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and Invesco NASDAQ 100 ETF (QQQM). 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.
Not enough dataDividends
ARKC vs. QQQM - Dividend Comparison
ARKC's dividend yield for the trailing twelve months is around 1.50%, more than QQQM's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
ARKC ARK 21Shares Active On-Chain Bitcoin Strategy ETF | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.54% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
ARKC vs. QQQM - Drawdown Comparison
The maximum ARKC drawdown since its inception was -24.29%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for ARKC and QQQM. For additional features, visit the drawdowns tool.
Volatility
ARKC vs. QQQM - Volatility Comparison
ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) has a higher volatility of 10.81% compared to Invesco NASDAQ 100 ETF (QQQM) at 6.06%. This indicates that ARKC's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.