ARKG vs. GNOM
Compare and contrast key facts about ARK Genomic Revolution Multi-Sector ETF (ARKG) and Global X Genomics & Biotechnology ETF (GNOM).
ARKG and GNOM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKG is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014. GNOM is a passively managed fund by Global X that tracks the performance of the Solactive Genomics Index. It was launched on Apr 5, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKG or GNOM.
Performance
ARKG vs. GNOM - Performance Comparison
Returns By Period
In the year-to-date period, ARKG achieves a -28.80% return, which is significantly lower than GNOM's -15.04% return.
ARKG
-28.80%
-4.11%
-11.14%
-13.96%
-5.72%
2.34%
GNOM
-15.04%
-8.82%
-9.33%
-4.66%
-7.55%
N/A
Key characteristics
| ARKG | GNOM | |
|---|---|---|
| Sharpe Ratio | -0.42 | -0.24 |
| Sortino Ratio | -0.38 | -0.16 |
| Omega Ratio | 0.96 | 0.98 |
| Calmar Ratio | -0.21 | -0.10 |
| Martin Ratio | -0.76 | -0.63 |
| Ulcer Index | 22.56% | 10.79% |
| Daily Std Dev | 40.32% | 28.18% |
| Max Drawdown | -80.10% | -68.54% |
| Current Drawdown | -79.10% | -64.78% |
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ARKG vs. GNOM - Expense Ratio Comparison
ARKG has a 0.75% expense ratio, which is higher than GNOM's 0.50% expense ratio.
Correlation
The correlation between ARKG and GNOM is 0.90, 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
ARKG vs. GNOM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and Global X Genomics & Biotechnology ETF (GNOM). 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
ARKG vs. GNOM - Dividend Comparison
Neither ARKG nor GNOM has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% |
GNOM Global X Genomics & Biotechnology ETF | 0.00% | 0.00% | 0.00% | 0.04% | 0.14% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARKG vs. GNOM - Drawdown Comparison
The maximum ARKG drawdown since its inception was -80.10%, which is greater than GNOM's maximum drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for ARKG and GNOM. For additional features, visit the drawdowns tool.
Volatility
ARKG vs. GNOM - Volatility Comparison
ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 13.90% compared to Global X Genomics & Biotechnology ETF (GNOM) at 8.51%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than GNOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.