ARKQ vs. SWPPX
Compare and contrast key facts about ARK Autonomous Technology & Robotics ETF (ARKQ) and Schwab S&P 500 Index Fund (SWPPX).
ARKQ is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKQ or SWPPX.
Key characteristics
| ARKQ | SWPPX | |
|---|---|---|
| YTD Return | -10.40% | 6.77% |
| 1Y Return | 14.05% | 26.48% |
| 3Y Return (Ann) | -14.99% | 8.31% |
| 5Y Return (Ann) | 8.80% | 13.41% |
| Sharpe Ratio | 0.47 | 2.05 |
| Daily Std Dev | 23.49% | 11.94% |
| Max Drawdown | -59.89% | -55.06% |
| Current Drawdown | -47.47% | -3.42% |
Correlation
The correlation between ARKQ and SWPPX is 0.74, 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.
Performance
ARKQ vs. SWPPX - Performance Comparison
In the year-to-date period, ARKQ achieves a -10.40% return, which is significantly lower than SWPPX's 6.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ARKQ vs. SWPPX - Expense Ratio Comparison
ARKQ has a 0.75% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
ARKQ vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Autonomous Technology & Robotics ETF (ARKQ) and Schwab S&P 500 Index Fund (SWPPX). 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.
Dividends
ARKQ vs. SWPPX - Dividend Comparison
ARKQ has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKQ ARK Autonomous Technology & Robotics ETF | 0.00% | 0.00% | 0.00% | 0.80% | 0.86% | 0.00% | 2.86% | 1.54% | 0.00% | 0.98% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.34% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
ARKQ vs. SWPPX - Drawdown Comparison
The maximum ARKQ drawdown since its inception was -59.89%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for ARKQ and SWPPX. For additional features, visit the drawdowns tool.
Volatility
ARKQ vs. SWPPX - Volatility Comparison
ARK Autonomous Technology & Robotics ETF (ARKQ) has a higher volatility of 6.04% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.58%. This indicates that ARKQ's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.