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

Performance

ARKQ vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Autonomous Technology & Robotics ETF (ARKQ) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
24.08%
22.87%
ARKQ
ARKK

Returns By Period

In the year-to-date period, ARKQ achieves a 20.85% return, which is significantly higher than ARKK's 5.56% return. Over the past 10 years, ARKQ has outperformed ARKK with an annualized return of 13.98%, while ARKK has yielded a comparatively lower 11.71% annualized return.


ARKQ

YTD

20.85%

1M

11.46%

6M

24.07%

1Y

34.27%

5Y (annualized)

15.74%

10Y (annualized)

13.98%

ARKK

YTD

5.56%

1M

16.67%

6M

22.87%

1Y

26.01%

5Y (annualized)

3.44%

10Y (annualized)

11.71%

Key characteristics


ARKQARKK
Sharpe Ratio1.290.65
Sortino Ratio1.831.12
Omega Ratio1.221.13
Calmar Ratio0.660.31
Martin Ratio4.461.61
Ulcer Index7.27%14.38%
Daily Std Dev25.19%35.60%
Max Drawdown-59.89%-80.91%
Current Drawdown-29.15%-64.11%

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ARKQ vs. ARKK - Expense Ratio Comparison

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


ARKQ
ARK Autonomous Technology & Robotics ETF
Expense ratio chart for ARKQ: 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 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%

Correlation

-0.50.00.51.00.9

The correlation between ARKQ and ARKK 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.

Risk-Adjusted Performance

ARKQ vs. ARKK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Autonomous Technology & Robotics ETF (ARKQ) and ARK Innovation ETF (ARKK). 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 ratio
The chart of Sharpe ratio for ARKQ, currently valued at 1.29, compared to the broader market0.002.004.001.290.65
The chart of Sortino ratio for ARKQ, currently valued at 1.83, compared to the broader market-2.000.002.004.006.008.0010.0012.001.831.12
The chart of Omega ratio for ARKQ, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.13
The chart of Calmar ratio for ARKQ, currently valued at 0.66, compared to the broader market0.005.0010.0015.000.660.31
The chart of Martin ratio for ARKQ, currently valued at 4.46, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.461.61
ARKQ
ARKK

The current ARKQ Sharpe Ratio is 1.29, which is higher than the ARKK Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of ARKQ and ARKK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
1.29
0.65
ARKQ
ARKK

Dividends

ARKQ vs. ARKK - Dividend Comparison

Neither ARKQ nor ARKK has paid dividends to shareholders.


TTM202320222021202020192018201720162015
ARKQ
ARK Autonomous Technology & Robotics ETF
0.00%0.00%0.00%0.80%0.86%0.00%2.86%1.54%0.00%0.97%
ARKK
ARK Innovation ETF
0.00%0.00%0.00%0.83%1.31%0.38%3.14%1.32%0.00%2.27%

Drawdowns

ARKQ vs. ARKK - Drawdown Comparison

The maximum ARKQ drawdown since its inception was -59.89%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for ARKQ and ARKK. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-29.15%
-64.11%
ARKQ
ARKK

Volatility

ARKQ vs. ARKK - Volatility Comparison

The current volatility for ARK Autonomous Technology & Robotics ETF (ARKQ) is 9.70%, while ARK Innovation ETF (ARKK) has a volatility of 14.40%. This indicates that ARKQ experiences smaller price fluctuations and is considered to be less risky than ARKK 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%JuneJulyAugustSeptemberOctoberNovember
9.70%
14.40%
ARKQ
ARKK