ARKK vs. ARKW
Compare and contrast key facts about ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW).
ARKK and ARKW 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. ARKW 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 ARKW.
Performance
ARKK vs. ARKW - Performance Comparison
Returns By Period
In the year-to-date period, ARKK achieves a 5.56% return, which is significantly lower than ARKW's 39.47% return. Over the past 10 years, ARKK has underperformed ARKW with an annualized return of 11.71%, while ARKW has yielded a comparatively higher 20.44% annualized return.
ARKK
5.56%
16.67%
22.87%
26.01%
3.44%
11.71%
ARKW
39.47%
20.56%
36.56%
68.94%
15.03%
20.44%
Key characteristics
| ARKK | ARKW | |
|---|---|---|
| Sharpe Ratio | 0.65 | 2.10 |
| Sortino Ratio | 1.12 | 2.70 |
| Omega Ratio | 1.13 | 1.33 |
| Calmar Ratio | 0.31 | 1.01 |
| Martin Ratio | 1.61 | 10.07 |
| Ulcer Index | 14.38% | 6.59% |
| Daily Std Dev | 35.60% | 31.68% |
| Max Drawdown | -80.91% | -80.01% |
| Current Drawdown | -64.11% | -41.97% |
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ARKK vs. ARKW - Expense Ratio Comparison
ARKK has a 0.75% expense ratio, which is lower than ARKW's 0.76% expense ratio.
Correlation
The correlation between ARKK and ARKW 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.
Risk-Adjusted Performance
ARKK vs. ARKW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). 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. ARKW - Dividend Comparison
Neither ARKK nor ARKW 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% |
ARKW ARK Next Generation Internet ETF | 0.00% | 0.00% | 0.00% | 2.79% | 1.29% | 0.00% | 13.06% | 2.05% | 0.00% | 2.29% |
Drawdowns
ARKK vs. ARKW - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.91%, roughly equal to the maximum ARKW drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for ARKK and ARKW. For additional features, visit the drawdowns tool.
Volatility
ARKK vs. ARKW - Volatility Comparison
ARK Innovation ETF (ARKK) has a higher volatility of 14.40% compared to ARK Next Generation Internet ETF (ARKW) at 11.84%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.