ARKF vs. ARKG
Compare and contrast key facts about ARK Fintech Innovation ETF (ARKF) and ARK Genomic Revolution Multi-Sector ETF (ARKG).
ARKF and ARKG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKF is an actively managed fund by ARK Investment Management. It was launched on Feb 4, 2019. ARKG is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKF or ARKG.
Correlation
The correlation between ARKF and ARKG is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ARKF vs. ARKG - Performance Comparison
Key characteristics
ARKF:
1.46
ARKG:
-0.59
ARKF:
2.01
ARKG:
-0.66
ARKF:
1.25
ARKG:
0.93
ARKF:
0.71
ARKG:
-0.30
ARKF:
5.86
ARKG:
-1.00
ARKF:
7.43%
ARKG:
23.85%
ARKF:
29.74%
ARKG:
40.25%
ARKF:
-78.63%
ARKG:
-80.10%
ARKF:
-39.42%
ARKG:
-78.81%
Returns By Period
In the year-to-date period, ARKF achieves a 39.70% return, which is significantly higher than ARKG's -27.83% return.
ARKF
39.70%
1.05%
39.70%
40.77%
10.11%
N/A
ARKG
-27.83%
1.37%
-2.83%
-26.09%
-7.08%
1.96%
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ARKF vs. ARKG - Expense Ratio Comparison
Both ARKF and ARKG have an expense ratio of 0.75%.
Risk-Adjusted Performance
ARKF vs. ARKG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and ARK Genomic Revolution Multi-Sector ETF (ARKG). 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
ARKF vs. ARKG - Dividend Comparison
Neither ARKF nor ARKG has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% | 0.00% | 0.00% |
ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% |
Drawdowns
ARKF vs. ARKG - Drawdown Comparison
The maximum ARKF drawdown since its inception was -78.63%, roughly equal to the maximum ARKG drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for ARKF and ARKG. For additional features, visit the drawdowns tool.
Volatility
ARKF vs. ARKG - Volatility Comparison
The current volatility for ARK Fintech Innovation ETF (ARKF) is 9.87%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 14.47%. This indicates that ARKF experiences smaller price fluctuations and is considered to be less risky than ARKG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.