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ARKX vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ARKX and BRK-B is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

ARKX vs. BRK-B - Performance Comparison

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

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
-3.79%
75.53%
ARKX
BRK-B

Key characteristics

Sharpe Ratio

ARKX:

1.41

BRK-B:

1.90

Sortino Ratio

ARKX:

2.00

BRK-B:

2.69

Omega Ratio

ARKX:

1.24

BRK-B:

1.34

Calmar Ratio

ARKX:

0.88

BRK-B:

3.63

Martin Ratio

ARKX:

5.90

BRK-B:

8.89

Ulcer Index

ARKX:

5.12%

BRK-B:

3.10%

Daily Std Dev

ARKX:

21.46%

BRK-B:

14.48%

Max Drawdown

ARKX:

-43.61%

BRK-B:

-53.86%

Current Drawdown

ARKX:

-8.07%

BRK-B:

-6.19%

Returns By Period

The year-to-date returns for both investments are quite close, with ARKX having a 26.74% return and BRK-B slightly higher at 27.07%.


ARKX

YTD

26.74%

1M

8.56%

6M

30.99%

1Y

27.73%

5Y*

N/A

10Y*

N/A

BRK-B

YTD

27.07%

1M

-3.33%

6M

10.64%

1Y

27.25%

5Y*

14.92%

10Y*

11.59%

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

ARKX vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and Berkshire Hathaway Inc. (BRK-B). 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 market0.002.004.001.411.90
The chart of Sortino ratio for ARKX, currently valued at 2.00, compared to the broader market-2.000.002.004.006.008.0010.002.002.69
The chart of Omega ratio for ARKX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.34
The chart of Calmar ratio for ARKX, currently valued at 0.88, compared to the broader market0.005.0010.0015.000.883.63
The chart of Martin ratio for ARKX, currently valued at 5.90, compared to the broader market0.0020.0040.0060.0080.00100.005.908.89
ARKX
BRK-B

The current ARKX Sharpe Ratio is 1.41, which is comparable to the BRK-B Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of ARKX and BRK-B, 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-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.41
1.90
ARKX
BRK-B

Dividends

ARKX vs. BRK-B - Dividend Comparison

Neither ARKX nor BRK-B has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ARKX vs. BRK-B - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for ARKX and BRK-B. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.07%
-6.19%
ARKX
BRK-B

Volatility

ARKX vs. BRK-B - Volatility Comparison

ARK Space Exploration & Innovation ETF (ARKX) has a higher volatility of 9.50% compared to Berkshire Hathaway Inc. (BRK-B) at 3.82%. This indicates that ARKX's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
9.50%
3.82%
ARKX
BRK-B
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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.

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