ARKF vs. VOO
Compare and contrast key facts about ARK Fintech Innovation ETF (ARKF) and Vanguard S&P 500 ETF (VOO).
ARKF and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKF or VOO.
Key characteristics
| ARKF | VOO | |
|---|---|---|
| YTD Return | -0.44% | 7.85% |
| 1Y Return | 48.92% | 25.52% |
| 3Y Return (Ann) | -20.16% | 9.04% |
| 5Y Return (Ann) | 4.56% | 13.89% |
| Sharpe Ratio | 1.51 | 2.32 |
| Daily Std Dev | 32.16% | 11.69% |
| Max Drawdown | -78.63% | -33.99% |
| Current Drawdown | -56.82% | -2.45% |
Correlation
The correlation between ARKF and VOO is 0.73, 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. VOO - Performance Comparison
In the year-to-date period, ARKF achieves a -0.44% return, which is significantly lower than VOO's 7.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
ARKF vs. VOO - Expense Ratio Comparison
Risk-Adjusted Performance
ARKF vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
ARKF has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.37% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ARKF vs. VOO - Drawdown Comparison
The maximum ARKF drawdown since its inception was -78.63%, which is greater than VOO's maximum drawdown of -33.99%. The drawdown chart below compares losses from any high point along the way for ARKF and VOO
Volatility
ARKF vs. VOO - Volatility Comparison
ARK Fintech Innovation ETF (ARKF) has a higher volatility of 7.90% compared to Vanguard S&P 500 ETF (VOO) at 3.26%. This indicates that ARKF's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.