ARKF vs. QQQM
Compare and contrast key facts about ARK Fintech Innovation ETF (ARKF) and Invesco NASDAQ 100 ETF (QQQM).
ARKF and QQQM 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. 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: ARKF or QQQM.
Performance
ARKF vs. QQQM - Performance Comparison
Returns By Period
In the year-to-date period, ARKF achieves a 38.25% return, which is significantly higher than QQQM's 23.51% return.
ARKF
38.25%
20.36%
36.57%
73.40%
10.58%
N/A
QQQM
23.51%
1.58%
10.79%
30.54%
N/A
N/A
Key characteristics
| ARKF | QQQM | |
|---|---|---|
| Sharpe Ratio | 2.43 | 1.72 |
| Sortino Ratio | 3.06 | 2.30 |
| Omega Ratio | 1.38 | 1.31 |
| Calmar Ratio | 1.09 | 2.20 |
| Martin Ratio | 9.71 | 7.99 |
| Ulcer Index | 7.36% | 3.73% |
| Daily Std Dev | 29.48% | 17.35% |
| Max Drawdown | -78.63% | -35.05% |
| Current Drawdown | -40.05% | -2.13% |
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ARKF vs. QQQM - Expense Ratio Comparison
ARKF has a 0.75% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Correlation
The correlation between ARKF and QQQM is 0.76, 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.
Risk-Adjusted Performance
ARKF vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) 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.
Dividends
ARKF vs. QQQM - Dividend Comparison
ARKF has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.65%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% |
QQQM Invesco NASDAQ 100 ETF | 0.65% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% |
Drawdowns
ARKF vs. QQQM - Drawdown Comparison
The maximum ARKF drawdown since its inception was -78.63%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for ARKF and QQQM. For additional features, visit the drawdowns tool.
Volatility
ARKF vs. QQQM - Volatility Comparison
ARK Fintech Innovation ETF (ARKF) has a higher volatility of 11.07% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.65%. This indicates that ARKF'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.