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

Key characteristics


ARKKQQQ
YTD Return-17.28%17.41%
1Y Return3.66%31.83%
3Y Return (Ann)-29.55%12.07%
5Y Return (Ann)0.20%21.41%
Sharpe Ratio0.072.13
Daily Std Dev36.05%15.64%
Max Drawdown-80.91%-82.98%
Current Drawdown-71.87%-1.04%

Correlation

-0.50.00.51.00.7

The correlation between ARKK and QQQ is 0.73, 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. QQQ - Performance Comparison

In the year-to-date period, ARKK achieves a -17.28% return, which is significantly lower than QQQ's 17.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


150.00%200.00%250.00%300.00%350.00%400.00%2024FebruaryMarchAprilMayJune
135.54%
411.95%
ARKK
QQQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ARK Innovation ETF

Invesco QQQ

ARKK vs. QQQ - Expense Ratio Comparison

ARKK has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.


ARKK
ARK Innovation ETF
Expense ratio chart for ARKK: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

ARKK vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and Invesco QQQ (QQQ). 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.


ARKK
Sharpe ratio
The chart of Sharpe ratio for ARKK, currently valued at 0.07, compared to the broader market0.002.004.006.000.07
Sortino ratio
The chart of Sortino ratio for ARKK, currently valued at 0.36, compared to the broader market0.005.0010.000.36
Omega ratio
The chart of Omega ratio for ARKK, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.003.501.04
Calmar ratio
The chart of Calmar ratio for ARKK, currently valued at 0.03, compared to the broader market0.005.0010.0015.0020.000.03
Martin ratio
The chart of Martin ratio for ARKK, currently valued at 0.16, compared to the broader market0.0020.0040.0060.0080.00100.000.16
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.13, compared to the broader market0.002.004.006.002.13
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.92, compared to the broader market0.005.0010.002.92
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.003.501.37
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 2.41, compared to the broader market0.005.0010.0015.0020.002.41
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 10.07, compared to the broader market0.0020.0040.0060.0080.00100.0010.07

ARKK vs. QQQ - Sharpe Ratio Comparison

The current ARKK Sharpe Ratio is 0.07, which is lower than the QQQ Sharpe Ratio of 2.13. The chart below compares the 12-month rolling Sharpe Ratio of ARKK and QQQ.


Rolling 12-month Sharpe Ratio0.001.002.003.002024FebruaryMarchAprilMayJune
0.07
2.13
ARKK
QQQ

Dividends

ARKK vs. QQQ - Dividend Comparison

ARKK has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.44%.


TTM20232022202120202019201820172016201520142013
ARKK
ARK Innovation ETF
0.00%0.00%0.00%0.83%1.31%0.38%3.14%1.32%0.00%2.27%0.00%0.00%
QQQ
Invesco QQQ
0.44%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

ARKK vs. QQQ - Drawdown Comparison

The maximum ARKK drawdown since its inception was -80.91%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ARKK and QQQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%2024FebruaryMarchAprilMayJune
-71.87%
-1.04%
ARKK
QQQ

Volatility

ARKK vs. QQQ - Volatility Comparison

ARK Innovation ETF (ARKK) has a higher volatility of 6.56% compared to Invesco QQQ (QQQ) at 3.40%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%2024FebruaryMarchAprilMayJune
6.56%
3.40%
ARKK
QQQ