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

Key characteristics


ARKKQQQ
YTD Return-4.37%8.57%
1Y Return30.86%42.93%
3Y Return (Ann)-22.94%12.75%
5Y Return (Ann)2.13%20.69%
Sharpe Ratio0.972.83
Daily Std Dev36.93%16.06%
Max Drawdown-80.91%-82.98%
Current Drawdown-67.48%-0.53%

Correlation

0.73
-1.001.00

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 -4.37% return, which is significantly lower than QQQ's 8.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%150.00%200.00%250.00%300.00%350.00%OctoberNovemberDecember2024FebruaryMarch
172.30%
373.39%
ARKK
QQQ

Compare stocks, funds, or ETFs


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
0.50%1.00%1.50%2.00%0.75%
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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ARKK
ARK Innovation ETF
0.97
QQQ
Invesco QQQ
2.83

ARKK vs. QQQ - Sharpe Ratio Comparison

The current ARKK Sharpe Ratio is 0.97, which is lower than the QQQ Sharpe Ratio of 2.83. The chart below compares the 12-month rolling Sharpe Ratio of ARKK and QQQ.


Rolling 12-month Sharpe Ratio0.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
0.97
2.83
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 0.59%.


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
0.59%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%. The drawdown chart below compares losses from any high point along the way for ARKK and QQQ


-80.00%-60.00%-40.00%-20.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-67.48%
-0.53%
ARKK
QQQ

Volatility

ARKK vs. QQQ - Volatility Comparison

ARK Innovation ETF (ARKK) has a higher volatility of 7.28% compared to Invesco QQQ (QQQ) at 4.37%. 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%16.00%OctoberNovemberDecember2024FebruaryMarch
7.28%
4.37%
ARKK
QQQ