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ARKK vs. ARKQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ARKKARKQ
YTD Return-4.37%-5.18%
1Y Return30.86%12.27%
3Y Return (Ann)-22.94%-11.87%
5Y Return (Ann)2.13%10.34%
Sharpe Ratio0.970.65
Daily Std Dev36.93%23.53%
Max Drawdown-80.91%-59.89%
Current Drawdown-67.48%-44.41%

Correlation

0.86
-1.001.00

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.

Performance

ARKK vs. ARKQ - Performance Comparison

In the year-to-date period, ARKK achieves a -4.37% return, which is significantly higher than ARKQ's -5.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


80.00%100.00%120.00%140.00%160.00%180.00%200.00%220.00%OctoberNovemberDecember2024FebruaryMarch
172.30%
192.42%
ARKK
ARKQ

Compare stocks, funds, or ETFs


ARK Innovation ETF

ARK Autonomous Technology & Robotics ETF

ARKK vs. ARKQ - Expense Ratio Comparison

Both ARKK and ARKQ have an expense ratio of 0.75%.

ARKK
ARK Innovation ETF
0.50%1.00%1.50%2.00%0.75%
0.50%1.00%1.50%2.00%0.75%

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ARKK
ARK Innovation ETF
0.97
ARKQ
ARK Autonomous Technology & Robotics ETF
0.65

ARKK vs. ARKQ - Sharpe Ratio Comparison

The current ARKK Sharpe Ratio is 0.97, which is higher than the ARKQ Sharpe Ratio of 0.65. The chart below compares the 12-month rolling Sharpe Ratio of ARKK and ARKQ.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00OctoberNovemberDecember2024FebruaryMarch
0.97
0.65
ARKK
ARKQ

Dividends

ARKK vs. ARKQ - Dividend Comparison

Neither ARKK nor ARKQ has paid dividends to shareholders.


TTM202320222021202020192018201720162015
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%0.98%

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%. The drawdown chart below compares losses from any high point along the way for ARKK and ARKQ


-80.00%-70.00%-60.00%-50.00%-40.00%OctoberNovemberDecember2024FebruaryMarch
-67.48%
-44.41%
ARKK
ARKQ

Volatility

ARKK vs. ARKQ - Volatility Comparison

ARK Innovation ETF (ARKK) has a higher volatility of 7.28% compared to ARK Autonomous Technology & Robotics ETF (ARKQ) at 4.96%. 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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%OctoberNovemberDecember2024FebruaryMarch
7.28%
4.96%
ARKK
ARKQ