ARKQ vs. ARKW
Compare and contrast key facts about ARK Autonomous Technology & Robotics ETF (ARKQ) and ARK Next Generation Internet ETF (ARKW).
ARKQ and ARKW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKQ is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 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: ARKQ or ARKW.
Correlation
The correlation between ARKQ and ARKW is 0.69, 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
ARKQ vs. ARKW - Performance Comparison
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Key characteristics
ARKQ:
1.19
ARKW:
1.46
ARKQ:
1.90
ARKW:
2.11
ARKQ:
1.24
ARKW:
1.28
ARKQ:
0.95
ARKW:
0.98
ARKQ:
4.45
ARKW:
5.48
ARKQ:
10.39%
ARKW:
11.23%
ARKQ:
35.64%
ARKW:
39.64%
ARKQ:
-59.89%
ARKW:
-80.01%
ARKQ:
-19.52%
ARKW:
-34.53%
Returns By Period
In the year-to-date period, ARKQ achieves a 2.54% return, which is significantly lower than ARKW's 10.60% return. Over the past 10 years, ARKQ has underperformed ARKW with an annualized return of 15.68%, while ARKW has yielded a comparatively higher 20.49% annualized return.
ARKQ
2.54%
20.05%
12.77%
41.98%
15.01%
15.68%
ARKW
10.60%
28.68%
14.17%
57.23%
11.91%
20.49%
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ARKQ vs. ARKW - Expense Ratio Comparison
ARKQ has a 0.75% expense ratio, which is lower than ARKW's 0.76% expense ratio.
Risk-Adjusted Performance
ARKQ vs. ARKW — Risk-Adjusted Performance Rank
ARKQ
ARKW
ARKQ vs. ARKW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Autonomous Technology & Robotics ETF (ARKQ) 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.
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Dividends
ARKQ vs. ARKW - Dividend Comparison
Neither ARKQ nor ARKW has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
ARKQ ARK Autonomous Technology & Robotics ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.80% | 0.86% | 0.00% | 2.86% | 1.54% | 0.00% | 0.97% |
ARKW ARK Next Generation Internet ETF | 0.00% | 0.00% | 0.00% | 0.00% | 2.79% | 1.29% | 0.00% | 13.06% | 2.05% | 0.00% | 2.29% |
Drawdowns
ARKQ vs. ARKW - Drawdown Comparison
The maximum ARKQ drawdown since its inception was -59.89%, smaller than the maximum ARKW drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for ARKQ and ARKW. For additional features, visit the drawdowns tool.
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Volatility
ARKQ vs. ARKW - Volatility Comparison
The current volatility for ARK Autonomous Technology & Robotics ETF (ARKQ) is 9.48%, while ARK Next Generation Internet ETF (ARKW) has a volatility of 10.31%. This indicates that ARKQ experiences smaller price fluctuations and is considered to be less risky than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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