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ARKX vs. ITA

Last updated Jan 28, 2023

Compare and contrast key facts about ARK Space Exploration & Innovation ETF (ARKX) and iShares U.S. Aerospace & Defense ETF (ITA).

ARKX and ITA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKX is an actively managed fund by ARK Investment Management. It was launched on Mar 30, 2021. ITA is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index. It was launched on May 5, 2006. ARKX has a 0.75% expense ratio, which is higher than ITA's 0.42% expense ratio.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKX or ITA.

Key characteristics


ARKXITA
YTD Return12.07%1.65%
1Y Return-13.16%14.01%
5Y Return (Ann)-18.75%3.37%
10Y Return (Ann)-18.75%13.73%
Sharpe Ratio-0.400.60
Daily Std Dev32.83%23.50%
Max Drawdown-43.61%-51.00%

ARKX vs. ITA - Performance Comparison

The chart shows the growth of $10,000 invested in ARKX and ITA. Since Mar 31, 2021, ARKX has shown a total return of -31.60%, lower than ITA's total return of 11.19%. All prices are adjusted for splits and dividends.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2023
-7.74%
9.41%
ARKX
ITA

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ARKX vs. ITA - Dividend Comparison

ARKX has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.93%.


PeriodTTM2022202120202019201820172016201520142013201220112010
ARKX0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ITA0.93%0.95%0.83%1.09%1.59%1.18%0.97%1.15%1.12%1.32%1.25%2.28%1.26%1.04%

ARKX vs. ITA - Sharpe Ratio Comparison

The current ARKX Sharpe Ratio is -0.40, which is lower than the ITA Sharpe Ratio of 0.60. The chart below compares the 12-month rolling Sharpe Ratio of ARKX and ITA.


-1.00-0.500.000.50SeptemberOctoberNovemberDecember2023
-0.40
0.60
ARKX
ITA

ARKX vs. ITA - Drawdown Comparison

The maximum ARKX drawdown for the period was -43.61%, lower than the maximum ITA drawdown of -18.72%. The drawdown chart below compares losses from any high point along the way for ARKX and ITA


-40.00%-30.00%-20.00%-10.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-34.64%
-0.14%
ARKX
ITA

ARKX vs. ITA - Volatility Comparison

The volatility of ARKX is currently 19.43%, which is higher than the volatility of ITA at 17.64%. The chart below compares the 10-day rolling volatility of ARKX and ITA.


10.00%20.00%30.00%40.00%50.00%SeptemberOctoberNovemberDecember2023
19.43%
17.64%
ARKX
ITA