ARKW vs. P

Last updated Jun 13, 2026

ARKW (ARK Next Generation Internet ETF) is Mid Cap Growth Equities fund actively managed by ARK, while P (Everpure, Inc.) is a stock. Over the past 10 years, ARKW returned 22.51%/yr vs 21.03%/yr for P. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

ARKW vs. P - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Next Generation Internet ETF (ARKW) and Everpure, Inc. (P). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKW achieves a -4.37% return, which is significantly lower than P's 7.91% return. Over the past 10 years, ARKW has outperformed P with an annualized return of 22.51%, while P has yielded a comparatively lower 21.03% annualized return.

ARKW

• 1D: 0.87%
• 1M: -3.08%
• YTD: -4.37%
• 6M: -7.45%
• 1Y: 10.46%
• 3Y*: 36.42%
• 5Y*: 0.46%
• 10Y*: 22.51%

P

• 1D: 4.28%
• 1M: -14.36%
• YTD: 7.91%
• 6M: 1.39%
• 1Y: 32.70%
• 3Y*: 25.48%
• 5Y*: 30.55%
• 10Y*: 21.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKW vs. P - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARKW ARK Next Generation Internet ETF	-4.37%	38.93%	42.27%	96.89%	-67.49%	-18.85%	157.44%	35.76%	4.24%	87.29%
P Everpure, Inc.	7.91%	9.08%	72.27%	33.26%	-17.79%	43.96%	32.14%	6.41%	1.39%	40.23%

Correlation

The correlation between ARKW and P is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Oct 7, 2015	0.56

The correlation between ARKW and P has been stable across timeframes, ranging from 0.56 to 0.61 - a consistent structural relationship.

Return for Risk

ARKW vs. P — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARKW

ARKW Risk / Return Rank: 14
ARKW Sharpe Ratio Rank: 15
ARKW Sortino Ratio Rank: 15
ARKW Omega Ratio Rank: 15
ARKW Calmar Ratio Rank: 13
ARKW Martin Ratio Rank: 12

P

P Risk / Return Rank: 60
P Sharpe Ratio Rank: 59
P Sortino Ratio Rank: 59
P Omega Ratio Rank: 62
P Calmar Ratio Rank: 60
P Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARKW vs. P - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and Everpure, Inc. (P). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARKW	P	Difference
Sharpe ratio: Return per unit of total volatility	0.32	0.48	-0.16
Sortino ratio: Return per unit of downside risk	0.65	1.12	-0.47
Omega ratio: Gain probability vs. loss probability	1.08	1.16	-0.08
Calmar ratio: Return relative to maximum drawdown	0.29	0.78	-0.49
Martin ratio: Return relative to average drawdown	0.59	1.50	-0.91

ARKW vs. P - Sharpe Ratio Comparison

The current ARKW Sharpe Ratio is 0.32, which is lower than the P Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of ARKW and P, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARKW vs. P - Drawdown Comparison

The maximum ARKW drawdown since its inception was -80.52%, which is greater than P's maximum drawdown of -69.43%. Use the drawdown chart below to compare losses from any high point for ARKW and P.

Drawdown Indicators

	ARKW	P	Difference
Max Drawdown Largest peak-to-trough decline	-80.52%	-69.43%	-11.09%
Max Drawdown (1Y) Largest decline over 1 year	-36.21%	-42.26%	+6.05%
Max Drawdown (3Y) Largest decline over 3 years	-36.21%	-48.63%	+12.42%
Max Drawdown (5Y) Largest decline over 5 years	-77.36%	-48.63%	-28.73%
Max Drawdown (10Y) Largest decline over 10 years	-80.52%	-69.43%	-11.09%
Current Drawdown Current decline from peak	-23.35%	-26.74%	+3.39%
Average Drawdown Average peak-to-trough decline	-23.97%	-24.44%	+0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.89%	21.89%	-4.00%

Volatility

ARKW vs. P - Volatility Comparison

The current volatility for ARK Next Generation Internet ETF (ARKW) is 10.38%, while Everpure, Inc. (P) has a volatility of 26.95%. This indicates that ARKW experiences smaller price fluctuations and is considered to be less risky than P based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKW	P	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.38%	26.95%	-16.57%
Volatility (6M) Calculated over the trailing 6-month period	24.57%	45.02%	-20.45%
Volatility (1Y) Calculated over the trailing 1-year period	32.92%	68.32%	-35.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.59%	52.74%	-9.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.73%	51.15%	-13.42%

Dividends

ARKW vs. P - Dividend Comparison

ARKW's dividend yield for the trailing twelve months is around 1.66%, while P has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.66%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
P Everpure, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKW and P in my portfolio?

ARKW and P have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKW or P?

P has higher volatility (26.95%) compared to ARKW (10.38%). In terms of maximum drawdown, ARKW dropped -80.52% vs P's -69.43%.

Which has better risk-adjusted returns?

P currently has the higher Sharpe Ratio (0.48 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.