ARKX vs. BRK-B
Compare and contrast key facts about ARK Space Exploration & Innovation ETF (ARKX) and Berkshire Hathaway Inc. (BRK-B).
ARKX is an actively managed fund by ARK Investment Management. It was launched on Mar 30, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKX or BRK-B.
Key characteristics
| ARKX | BRK-B | |
|---|---|---|
| YTD Return | -8.18% | 11.29% |
| 1Y Return | 4.16% | 22.59% |
| 3Y Return (Ann) | -12.32% | 13.45% |
| Sharpe Ratio | 0.22 | 1.96 |
| Daily Std Dev | 19.80% | 12.34% |
| Max Drawdown | -43.61% | -53.86% |
| Current Drawdown | -33.40% | -5.61% |
Correlation
The correlation between ARKX and BRK-B is 0.49, 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.
Performance
ARKX vs. BRK-B - Performance Comparison
In the year-to-date period, ARKX achieves a -8.18% return, which is significantly lower than BRK-B's 11.29% 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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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.
Dividends
ARKX vs. BRK-B - Dividend Comparison
Neither ARKX nor BRK-B has paid dividends to shareholders.
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.
Volatility
ARKX vs. BRK-B - Volatility Comparison
ARK Space Exploration & Innovation ETF (ARKX) has a higher volatility of 4.95% compared to Berkshire Hathaway Inc. (BRK-B) at 3.52%. 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.