ARKG vs. HTEC
Compare and contrast key facts about ARK Genomic Revolution Multi-Sector ETF (ARKG) and ROBO Global Healthcare Technology and Innovation ETF (HTEC).
ARKG and HTEC 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. HTEC is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global® Healthcare Technology and Innovation Index. It was launched on Jun 25, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKG or HTEC.
Correlation
The correlation between ARKG and HTEC is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ARKG vs. HTEC - Performance Comparison
Key characteristics
ARKG:
-0.14
HTEC:
0.04
ARKG:
0.11
HTEC:
0.21
ARKG:
1.01
HTEC:
1.03
ARKG:
-0.08
HTEC:
0.02
ARKG:
-0.49
HTEC:
0.13
ARKG:
13.33%
HTEC:
6.25%
ARKG:
45.73%
HTEC:
22.49%
ARKG:
-83.59%
HTEC:
-57.53%
ARKG:
-79.96%
HTEC:
-48.11%
Returns By Period
In the year-to-date period, ARKG achieves a -4.86% return, which is significantly higher than HTEC's -6.53% return.
ARKG
-4.86%
-0.40%
-3.86%
-2.65%
-10.75%
0.49%
HTEC
-6.53%
-3.45%
-4.44%
3.22%
-0.23%
N/A
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ARKG vs. HTEC - Expense Ratio Comparison
ARKG has a 0.75% expense ratio, which is higher than HTEC's 0.68% expense ratio.
Risk-Adjusted Performance
ARKG vs. HTEC — Risk-Adjusted Performance Rank
ARKG
HTEC
ARKG vs. HTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and ROBO Global Healthcare Technology and Innovation ETF (HTEC). 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. HTEC - Dividend Comparison
Neither ARKG nor HTEC has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% |
HTEC ROBO Global Healthcare Technology and Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARKG vs. HTEC - Drawdown Comparison
The maximum ARKG drawdown since its inception was -83.59%, which is greater than HTEC's maximum drawdown of -57.53%. Use the drawdown chart below to compare losses from any high point for ARKG and HTEC. For additional features, visit the drawdowns tool.
Volatility
ARKG vs. HTEC - Volatility Comparison
ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 20.18% compared to ROBO Global Healthcare Technology and Innovation ETF (HTEC) at 13.90%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than HTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.