ARKD vs. AAPL
Compare and contrast key facts about ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and Apple Inc (AAPL).
ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKD or AAPL.
Correlation
The correlation between ARKD and AAPL is 0.15, 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
ARKD vs. AAPL - Performance Comparison
Key characteristics
ARKD:
1.69
AAPL:
1.21
ARKD:
2.34
AAPL:
1.82
ARKD:
1.28
AAPL:
1.23
ARKD:
2.93
AAPL:
1.64
ARKD:
6.91
AAPL:
4.00
ARKD:
11.91%
AAPL:
6.81%
ARKD:
48.77%
AAPL:
22.53%
ARKD:
-28.08%
AAPL:
-81.80%
ARKD:
-8.63%
AAPL:
-2.14%
Returns By Period
In the year-to-date period, ARKD achieves a 73.83% return, which is significantly higher than AAPL's 29.47% return.
ARKD
73.83%
1.68%
34.48%
77.31%
N/A
N/A
AAPL
29.47%
8.78%
16.02%
26.57%
29.75%
25.91%
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Risk-Adjusted Performance
ARKD vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and Apple Inc (AAPL). 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
ARKD vs. AAPL - Dividend Comparison
ARKD's dividend yield for the trailing twelve months is around 6.30%, more than AAPL's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF | 6.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
ARKD vs. AAPL - Drawdown Comparison
The maximum ARKD drawdown since its inception was -28.08%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ARKD and AAPL. For additional features, visit the drawdowns tool.
Volatility
ARKD vs. AAPL - Volatility Comparison
ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) has a higher volatility of 14.56% compared to Apple Inc (AAPL) at 3.78%. This indicates that ARKD's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.