ARKC vs. SPY
Compare and contrast key facts about ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and SPDR S&P 500 ETF (SPY).
ARKC and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKC or SPY.
Key characteristics
| ARKC | SPY | |
|---|---|---|
| YTD Return | 47.62% | 23.66% |
| Daily Std Dev | 46.71% | 12.40% |
| Max Drawdown | -24.29% | -55.19% |
| Current Drawdown | -9.48% | -0.35% |
Correlation
The correlation between ARKC and SPY is 0.29, 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. SPY - Performance Comparison
In the year-to-date period, ARKC achieves a 47.62% return, which is significantly higher than SPY's 23.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ARKC vs. SPY - Expense Ratio Comparison
ARKC has a 0.93% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
ARKC vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
ARKC's dividend yield for the trailing twelve months is around 29.68%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKC ARK 21Shares Active On-Chain Bitcoin Strategy ETF | 29.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ARKC vs. SPY - Drawdown Comparison
The maximum ARKC drawdown since its inception was -24.29%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARKC and SPY. For additional features, visit the drawdowns tool.
Volatility
ARKC vs. SPY - Volatility Comparison
ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) has a higher volatility of 9.97% compared to SPDR S&P 500 ETF (SPY) at 2.97%. This indicates that ARKC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.