ARKK vs. ARKQ
Compare and contrast key facts about ARK Innovation ETF (ARKK) and ARK Autonomous Technology & Robotics ETF (ARKQ).
ARKK and ARKQ 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. ARKQ is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKK or ARKQ.
Performance
ARKK vs. ARKQ - Performance Comparison
Returns By Period
In the year-to-date period, ARKK achieves a 5.56% return, which is significantly lower than ARKQ's 20.85% return. Over the past 10 years, ARKK has underperformed ARKQ with an annualized return of 11.71%, while ARKQ has yielded a comparatively higher 13.98% annualized return.
ARKK
5.56%
16.67%
22.87%
26.01%
3.44%
11.71%
ARKQ
20.85%
11.46%
24.07%
34.27%
15.74%
13.98%
Key characteristics
| ARKK | ARKQ | |
|---|---|---|
| Sharpe Ratio | 0.65 | 1.29 |
| Sortino Ratio | 1.12 | 1.83 |
| Omega Ratio | 1.13 | 1.22 |
| Calmar Ratio | 0.31 | 0.66 |
| Martin Ratio | 1.61 | 4.46 |
| Ulcer Index | 14.38% | 7.27% |
| Daily Std Dev | 35.60% | 25.19% |
| Max Drawdown | -80.91% | -59.89% |
| Current Drawdown | -64.11% | -29.15% |
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ARKK vs. ARKQ - Expense Ratio Comparison
Both ARKK and ARKQ have an expense ratio of 0.75%.
Correlation
The correlation between ARKK and ARKQ 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. ARKQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and ARK Autonomous Technology & Robotics ETF (ARKQ). 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. ARKQ - Dividend Comparison
Neither ARKK nor ARKQ 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% |
ARKQ ARK Autonomous Technology & Robotics ETF | 0.00% | 0.00% | 0.00% | 0.80% | 0.86% | 0.00% | 2.86% | 1.54% | 0.00% | 0.97% |
Drawdowns
ARKK vs. ARKQ - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.91%, which is greater than ARKQ's maximum drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for ARKK and ARKQ. For additional features, visit the drawdowns tool.
Volatility
ARKK vs. ARKQ - Volatility Comparison
ARK Innovation ETF (ARKK) has a higher volatility of 14.40% compared to ARK Autonomous Technology & Robotics ETF (ARKQ) at 9.70%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than ARKQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.