ARKK vs. ARKF
Compare and contrast key facts about ARK Innovation ETF (ARKK) and ARK Fintech Innovation ETF (ARKF).
ARKK and ARKF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014. ARKF is an actively managed fund by ARK Investment Management. It was launched on Feb 4, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKK or ARKF.
Key characteristics
| ARKK | ARKF | |
|---|---|---|
| YTD Return | -17.01% | -2.86% |
| 1Y Return | 22.61% | 53.17% |
| 3Y Return (Ann) | -28.54% | -20.01% |
| 5Y Return (Ann) | -0.85% | 4.01% |
| Sharpe Ratio | 0.60 | 1.60 |
| Daily Std Dev | 36.77% | 32.42% |
| Max Drawdown | -80.91% | -78.63% |
| Current Drawdown | -71.78% | -57.88% |
Correlation
The correlation between ARKK and ARKF is 0.92, 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
ARKK vs. ARKF - Performance Comparison
In the year-to-date period, ARKK achieves a -17.01% return, which is significantly lower than ARKF's -2.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ARKK vs. ARKF - Expense Ratio Comparison
Both ARKK and ARKF have an expense ratio of 0.75%.
Risk-Adjusted Performance
ARKK vs. ARKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and ARK Fintech Innovation ETF (ARKF). 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
ARKK vs. ARKF - Dividend Comparison
Neither ARKK nor ARKF has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
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% |
Drawdowns
ARKK vs. ARKF - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.91%, roughly equal to the maximum ARKF drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for ARKK and ARKF. For additional features, visit the drawdowns tool.
Volatility
ARKK vs. ARKF - Volatility Comparison
ARK Innovation ETF (ARKK) has a higher volatility of 9.89% compared to ARK Fintech Innovation ETF (ARKF) at 8.64%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than ARKF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.