ARKW vs. ARKG
Compare and contrast key facts about ARK Next Generation Internet ETF (ARKW) and ARK Genomic Revolution Multi-Sector ETF (ARKG).
ARKW and ARKG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKW is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014. ARKG is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKW or ARKG.
Performance
ARKW vs. ARKG - Performance Comparison
Returns By Period
In the year-to-date period, ARKW achieves a 40.22% return, which is significantly higher than ARKG's -29.23% return. Over the past 10 years, ARKW has outperformed ARKG with an annualized return of 20.41%, while ARKG has yielded a comparatively lower 2.20% annualized return.
ARKW
40.22%
21.77%
40.09%
67.63%
15.14%
20.41%
ARKG
-29.23%
-3.53%
-9.51%
-15.87%
-5.83%
2.20%
Key characteristics
| ARKW | ARKG | |
|---|---|---|
| Sharpe Ratio | 2.21 | -0.36 |
| Sortino Ratio | 2.81 | -0.27 |
| Omega Ratio | 1.35 | 0.97 |
| Calmar Ratio | 1.07 | -0.18 |
| Martin Ratio | 10.60 | -0.64 |
| Ulcer Index | 6.59% | 22.65% |
| Daily Std Dev | 31.64% | 40.16% |
| Max Drawdown | -80.01% | -80.10% |
| Current Drawdown | -41.65% | -79.22% |
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ARKW vs. ARKG - Expense Ratio Comparison
ARKW has a 0.76% expense ratio, which is higher than ARKG's 0.75% expense ratio.
Correlation
The correlation between ARKW and ARKG is 0.73, 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
ARKW vs. ARKG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and ARK Genomic Revolution Multi-Sector ETF (ARKG). 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
ARKW vs. ARKG - Dividend Comparison
Neither ARKW nor ARKG has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARKW ARK Next Generation Internet ETF | 0.00% | 0.00% | 0.00% | 2.79% | 1.29% | 0.00% | 13.06% | 2.05% | 0.00% | 2.29% |
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% | 0.00% | 0.00% |
Drawdowns
ARKW vs. ARKG - Drawdown Comparison
The maximum ARKW drawdown since its inception was -80.01%, roughly equal to the maximum ARKG drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for ARKW and ARKG. For additional features, visit the drawdowns tool.
Volatility
ARKW vs. ARKG - Volatility Comparison
The current volatility for ARK Next Generation Internet ETF (ARKW) is 11.36%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 13.74%. This indicates that ARKW experiences smaller price fluctuations and is considered to be less risky than ARKG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.