ARKK vs. ARKG
Compare and contrast key facts about ARK Innovation ETF (ARKK) and ARK Genomic Revolution Multi-Sector ETF (ARKG).
ARKK and ARKG 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. ARKG is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKK or ARKG.
Performance
ARKK vs. ARKG - Performance Comparison
Returns By Period
In the year-to-date period, ARKK achieves a 5.56% return, which is significantly higher than ARKG's -28.80% return. Over the past 10 years, ARKK has outperformed ARKG with an annualized return of 11.71%, while ARKG has yielded a comparatively lower 2.34% annualized return.
ARKK
5.56%
16.67%
22.87%
26.01%
3.44%
11.71%
ARKG
-28.80%
-4.11%
-11.14%
-13.96%
-5.72%
2.34%
Key characteristics
| ARKK | ARKG | |
|---|---|---|
| Sharpe Ratio | 0.65 | -0.42 |
| Sortino Ratio | 1.12 | -0.38 |
| Omega Ratio | 1.13 | 0.96 |
| Calmar Ratio | 0.31 | -0.21 |
| Martin Ratio | 1.61 | -0.76 |
| Ulcer Index | 14.38% | 22.56% |
| Daily Std Dev | 35.60% | 40.32% |
| Max Drawdown | -80.91% | -80.10% |
| Current Drawdown | -64.11% | -79.10% |
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ARKK vs. ARKG - Expense Ratio Comparison
Both ARKK and ARKG have an expense ratio of 0.75%.
Correlation
The correlation between ARKK and ARKG is 0.86, 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
ARKK vs. ARKG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and ARK Genomic Revolution Multi-Sector ETF (ARKG). 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. ARKG - Dividend Comparison
Neither ARKK nor ARKG 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% |
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% |
Drawdowns
ARKK vs. ARKG - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.91%, roughly equal to the maximum ARKG drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for ARKK and ARKG. For additional features, visit the drawdowns tool.
Volatility
ARKK vs. ARKG - Volatility Comparison
ARK Innovation ETF (ARKK) and ARK Genomic Revolution Multi-Sector ETF (ARKG) have volatilities of 14.40% and 13.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.