ARKG vs. SWPPX
Compare and contrast key facts about ARK Genomic Revolution Multi-Sector ETF (ARKG) and Schwab S&P 500 Index Fund (SWPPX).
ARKG is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKG or SWPPX.
Key characteristics
ARKG | SWPPX | |
---|---|---|
YTD Return | -12.34% | 10.55% |
1Y Return | -0.45% | 32.49% |
3Y Return (Ann) | -29.66% | 11.50% |
5Y Return (Ann) | -1.79% | 15.05% |
Sharpe Ratio | 0.07 | 2.94 |
Daily Std Dev | 40.03% | 11.70% |
Max Drawdown | -80.10% | -55.06% |
Current Drawdown | -74.27% | 0.00% |
Correlation
The correlation between ARKG and SWPPX is 0.59, 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. SWPPX - Performance Comparison
In the year-to-date period, ARKG achieves a -12.34% return, which is significantly lower than SWPPX's 10.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
ARKG vs. SWPPX - Expense Ratio Comparison
Risk-Adjusted Performance
ARKG vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and Schwab S&P 500 Index Fund (SWPPX). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
ARK Genomic Revolution Multi-Sector ETF | 0.07 | ||||
Schwab S&P 500 Index Fund | 2.94 |
Dividends
ARKG vs. SWPPX - Dividend Comparison
ARKG has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.29%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Schwab S&P 500 Index Fund | 1.29% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
ARKG vs. SWPPX - Drawdown Comparison
The maximum ARKG drawdown since its inception was -80.10%, which is greater than SWPPX's maximum drawdown of -55.06%. The drawdown chart below compares losses from any high point along the way for ARKG and SWPPX
Volatility
ARKG vs. SWPPX - Volatility Comparison
ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 7.31% compared to Schwab S&P 500 Index Fund (SWPPX) at 2.80%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.