ARKG vs. QQQ
Compare and contrast key facts about ARK Genomic Revolution Multi-Sector ETF (ARKG) and Invesco QQQ (QQQ).
ARKG and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKG or QQQ.
Performance
ARKG vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, ARKG achieves a -28.80% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, ARKG has underperformed QQQ with an annualized return of 2.34%, while QQQ has yielded a comparatively higher 18.08% annualized return.
ARKG
-28.80%
-4.11%
-11.14%
-13.96%
-5.72%
2.34%
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| ARKG | QQQ | |
|---|---|---|
| Sharpe Ratio | -0.42 | 1.71 |
| Sortino Ratio | -0.38 | 2.29 |
| Omega Ratio | 0.96 | 1.31 |
| Calmar Ratio | -0.21 | 2.19 |
| Martin Ratio | -0.76 | 7.95 |
| Ulcer Index | 22.56% | 3.73% |
| Daily Std Dev | 40.32% | 17.38% |
| Max Drawdown | -80.10% | -82.98% |
| Current Drawdown | -79.10% | -2.13% |
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ARKG vs. QQQ - Expense Ratio Comparison
ARKG has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between ARKG and QQQ 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.
Risk-Adjusted Performance
ARKG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
ARKG has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
ARKG vs. QQQ - Drawdown Comparison
The maximum ARKG drawdown since its inception was -80.10%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ARKG and QQQ. For additional features, visit the drawdowns tool.
Volatility
ARKG vs. QQQ - Volatility Comparison
ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 13.90% compared to Invesco QQQ (QQQ) at 5.66%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.