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

Performance

ARKQ vs. IRBO - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
26.05%
-1.33%
ARKQ
IRBO

Returns By Period


ARKQ

YTD

20.85%

1M

11.46%

6M

24.07%

1Y

34.27%

5Y (annualized)

15.74%

10Y (annualized)

13.98%

IRBO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


ARKQIRBO

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ARKQ vs. IRBO - Expense Ratio Comparison

ARKQ has a 0.75% expense ratio, which is higher than IRBO's 0.47% expense ratio.


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 IRBO: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Correlation

-0.50.00.51.00.9

The correlation between ARKQ and IRBO is 0.88, 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. IRBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Autonomous Technology & Robotics ETF (ARKQ) and iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). 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 market0.002.004.001.290.09
The chart of Sortino ratio for ARKQ, currently valued at 1.83, compared to the broader market-2.000.002.004.006.008.0010.0012.001.830.24
The chart of Omega ratio for ARKQ, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.03
The chart of Calmar ratio for ARKQ, currently valued at 0.66, compared to the broader market0.005.0010.0015.000.660.04
The chart of Martin ratio for ARKQ, currently valued at 4.46, compared to the broader market0.0020.0040.0060.0080.00100.004.460.33
ARKQ
IRBO

Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
1.29
0.09
ARKQ
IRBO

Dividends

ARKQ vs. IRBO - Dividend Comparison

Neither ARKQ nor IRBO 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%
IRBO
iShares Robotics and Artificial Intelligence Multisector ETF
0.54%0.62%0.13%1.14%0.53%0.69%0.34%0.00%0.00%0.00%

Drawdowns

ARKQ vs. IRBO - Drawdown Comparison


-50.00%-45.00%-40.00%-35.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-29.15%
-32.91%
ARKQ
IRBO

Volatility

ARKQ vs. IRBO - Volatility Comparison

ARK Autonomous Technology & Robotics ETF (ARKQ) has a higher volatility of 9.70% compared to iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) at 0.00%. This indicates that ARKQ's price experiences larger fluctuations and is considered to be riskier than IRBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
9.70%
0
ARKQ
IRBO