PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ARKX vs. ARKK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ARKX and ARKK is 0.80, 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.


-0.50.00.51.00.8

Performance

ARKX vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Space Exploration & Innovation ETF (ARKX) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.79%
-47.22%
ARKX
ARKK

Key characteristics

Sharpe Ratio

ARKX:

1.41

ARKK:

0.46

Sortino Ratio

ARKX:

2.00

ARKK:

0.86

Omega Ratio

ARKX:

1.24

ARKK:

1.10

Calmar Ratio

ARKX:

0.88

ARKK:

0.22

Martin Ratio

ARKX:

5.90

ARKK:

1.14

Ulcer Index

ARKX:

5.12%

ARKK:

14.41%

Daily Std Dev

ARKX:

21.46%

ARKK:

35.78%

Max Drawdown

ARKX:

-43.61%

ARKK:

-80.91%

Current Drawdown

ARKX:

-8.07%

ARKK:

-61.43%

Returns By Period

In the year-to-date period, ARKX achieves a 26.74% return, which is significantly higher than ARKK's 13.42% return.


ARKX

YTD

26.74%

1M

8.56%

6M

30.99%

1Y

27.73%

5Y*

N/A

10Y*

N/A

ARKK

YTD

13.42%

1M

7.45%

6M

37.12%

1Y

13.55%

5Y*

3.87%

10Y*

12.53%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ARKX vs. ARKK - Expense Ratio Comparison

Both ARKX and ARKK have an expense ratio of 0.75%.


ARKX
ARK Space Exploration & Innovation ETF
Expense ratio chart for ARKX: 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 ARKK: 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%

Risk-Adjusted Performance

ARKX vs. ARKK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and ARK Innovation ETF (ARKK). 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 ARKX, currently valued at 1.41, compared to the broader market0.002.004.001.410.46
The chart of Sortino ratio for ARKX, currently valued at 2.00, compared to the broader market-2.000.002.004.006.008.0010.002.000.86
The chart of Omega ratio for ARKX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.10
The chart of Calmar ratio for ARKX, currently valued at 0.88, compared to the broader market0.005.0010.0015.000.880.24
The chart of Martin ratio for ARKX, currently valued at 5.90, compared to the broader market0.0020.0040.0060.0080.00100.005.901.14
ARKX
ARKK

The current ARKX Sharpe Ratio is 1.41, which is higher than the ARKK Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of ARKX and ARKK, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.41
0.46
ARKX
ARKK

Dividends

ARKX vs. ARKK - Dividend Comparison

Neither ARKX nor ARKK has paid dividends to shareholders.


TTM202320222021202020192018201720162015
ARKX
ARK Space Exploration & Innovation ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ARKK
ARK Innovation ETF
0.00%0.00%0.00%0.83%1.31%0.38%3.14%1.32%0.00%2.27%

Drawdowns

ARKX vs. ARKK - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for ARKX and ARKK. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-8.07%
-53.86%
ARKX
ARKK

Volatility

ARKX vs. ARKK - Volatility Comparison

The current volatility for ARK Space Exploration & Innovation ETF (ARKX) is 9.50%, while ARK Innovation ETF (ARKK) has a volatility of 11.55%. This indicates that ARKX experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
9.50%
11.55%
ARKX
ARKK
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab