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

Key characteristics


ARKKSPY
YTD Return-4.32%10.41%
1Y Return35.86%34.16%
3Y Return (Ann)-23.57%11.38%
5Y Return (Ann)2.15%14.99%
Sharpe Ratio0.912.93
Daily Std Dev36.97%11.54%
Max Drawdown-80.91%-55.19%
Current Drawdown-67.46%0.00%

Correlation

0.66
-1.001.00

The correlation between ARKK and SPY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ARKK vs. SPY - Performance Comparison

In the year-to-date period, ARKK achieves a -4.32% return, which is significantly lower than SPY's 10.41% 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%OctoberNovemberDecember2024FebruaryMarch
172.46%
207.52%
ARKK
SPY

Compare stocks, funds, or ETFs


ARK Innovation ETF

SPDR S&P 500 ETF

ARKK vs. SPY - Expense Ratio Comparison

ARKK has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.

ARKK
ARK Innovation ETF
0.50%1.00%1.50%2.00%0.75%
0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

ARKK vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and SPDR S&P 500 ETF (SPY). 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
0.91
SPY
SPDR S&P 500 ETF
2.93

ARKK vs. SPY - Sharpe Ratio Comparison

The current ARKK Sharpe Ratio is 0.91, which is lower than the SPY Sharpe Ratio of 2.93. The chart below compares the 12-month rolling Sharpe Ratio of ARKK and SPY.


Rolling 12-month Sharpe Ratio0.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
0.91
2.93
ARKK
SPY

Dividends

ARKK vs. SPY - Dividend Comparison

ARKK has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.28%.


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%
SPY
SPDR S&P 500 ETF
1.28%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

ARKK vs. SPY - Drawdown Comparison

The maximum ARKK drawdown since its inception was -80.91%, which is greater than SPY's maximum drawdown of -55.19%. The drawdown chart below compares losses from any high point along the way for ARKK and SPY


-80.00%-60.00%-40.00%-20.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-67.46%
0
ARKK
SPY

Volatility

ARKK vs. SPY - Volatility Comparison

ARK Innovation ETF (ARKK) has a higher volatility of 7.30% compared to SPDR S&P 500 ETF (SPY) at 2.75%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%OctoberNovemberDecember2024FebruaryMarch
7.30%
2.75%
ARKK
SPY