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

Performance

ARKQ vs. QQQ - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
26.05%
11.25%
ARKQ
QQQ

Returns By Period

In the year-to-date period, ARKQ achieves a 20.85% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, ARKQ has underperformed QQQ with an annualized return of 13.98%, while QQQ has yielded a comparatively higher 18.08% annualized return.


ARKQ

YTD

20.85%

1M

11.46%

6M

24.07%

1Y

34.27%

5Y (annualized)

15.74%

10Y (annualized)

13.98%

QQQ

YTD

23.40%

1M

1.56%

6M

10.75%

1Y

30.41%

5Y (annualized)

20.90%

10Y (annualized)

18.08%

Key characteristics


ARKQQQQ
Sharpe Ratio1.291.71
Sortino Ratio1.832.29
Omega Ratio1.221.31
Calmar Ratio0.662.19
Martin Ratio4.467.95
Ulcer Index7.27%3.73%
Daily Std Dev25.19%17.38%
Max Drawdown-59.89%-82.98%
Current Drawdown-29.15%-2.13%

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ARKQ vs. QQQ - Expense Ratio Comparison

ARKQ has a 0.75% expense ratio, which is higher than QQQ's 0.20% 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 QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.8

The correlation between ARKQ and QQQ is 0.77, 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. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Autonomous Technology & Robotics ETF (ARKQ) 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 ratio
The chart of Sharpe ratio for ARKQ, currently valued at 1.29, compared to the broader market0.002.004.001.291.71
The chart of Sortino ratio for ARKQ, currently valued at 1.83, compared to the broader market-2.000.002.004.006.008.0010.0012.001.832.29
The chart of Omega ratio for ARKQ, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.31
The chart of Calmar ratio for ARKQ, currently valued at 0.66, compared to the broader market0.005.0010.0015.000.662.19
The chart of Martin ratio for ARKQ, currently valued at 4.46, compared to the broader market0.0020.0040.0060.0080.00100.004.467.95
ARKQ
QQQ

The current ARKQ Sharpe Ratio is 1.29, which is comparable to the QQQ Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of ARKQ and QQQ, 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-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.29
1.71
ARKQ
QQQ

Dividends

ARKQ vs. QQQ - Dividend Comparison

ARKQ has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.


TTM20232022202120202019201820172016201520142013
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%0.00%0.00%
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

ARKQ vs. QQQ - Drawdown Comparison

The maximum ARKQ drawdown since its inception was -59.89%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ARKQ and QQQ. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-29.15%
-2.13%
ARKQ
QQQ

Volatility

ARKQ vs. QQQ - Volatility Comparison

ARK Autonomous Technology & Robotics ETF (ARKQ) has a higher volatility of 9.70% compared to Invesco QQQ (QQQ) at 5.66%. This indicates that ARKQ'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%JuneJulyAugustSeptemberOctoberNovember
9.70%
5.66%
ARKQ
QQQ