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ARKX vs. ROKT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ARKX and ROKT is 0.83, 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. ROKT - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
31.17%
25.71%
ARKX
ROKT

Key characteristics

Sharpe Ratio

ARKX:

1.41

ROKT:

1.69

Sortino Ratio

ARKX:

2.00

ROKT:

2.33

Omega Ratio

ARKX:

1.24

ROKT:

1.31

Calmar Ratio

ARKX:

0.88

ROKT:

3.61

Martin Ratio

ARKX:

5.90

ROKT:

9.44

Ulcer Index

ARKX:

5.12%

ROKT:

3.23%

Daily Std Dev

ARKX:

21.46%

ROKT:

18.08%

Max Drawdown

ARKX:

-43.61%

ROKT:

-43.16%

Current Drawdown

ARKX:

-8.07%

ROKT:

-6.65%

Returns By Period

The year-to-date returns for both stocks are quite close, with ARKX having a 26.74% return and ROKT slightly lower at 26.01%.


ARKX

YTD

26.74%

1M

8.56%

6M

30.99%

1Y

27.73%

5Y*

N/A

10Y*

N/A

ROKT

YTD

26.01%

1M

0.77%

6M

25.53%

1Y

28.83%

5Y*

10.25%

10Y*

N/A

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. ROKT - Expense Ratio Comparison

ARKX has a 0.75% expense ratio, which is higher than ROKT's 0.45% expense ratio.


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 ROKT: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

ARKX vs. ROKT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and SPDR S&P Kensho Final Frontiers ETF (ROKT). 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 market0.002.004.001.411.69
The chart of Sortino ratio for ARKX, currently valued at 2.00, compared to the broader market-2.000.002.004.006.008.0010.002.002.33
The chart of Omega ratio for ARKX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.31
The chart of Calmar ratio for ARKX, currently valued at 0.88, compared to the broader market0.005.0010.0015.000.883.61
The chart of Martin ratio for ARKX, currently valued at 5.90, compared to the broader market0.0020.0040.0060.0080.00100.005.909.44
ARKX
ROKT

The current ARKX Sharpe Ratio is 1.41, which is comparable to the ROKT Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of ARKX and ROKT, 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
1.69
ARKX
ROKT

Dividends

ARKX vs. ROKT - Dividend Comparison

ARKX has not paid dividends to shareholders, while ROKT's dividend yield for the trailing twelve months is around 0.34%.


TTM202320222021202020192018
ARKX
ARK Space Exploration & Innovation ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ROKT
SPDR S&P Kensho Final Frontiers ETF
0.34%0.62%0.54%1.79%0.48%0.74%0.16%

Drawdowns

ARKX vs. ROKT - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, roughly equal to the maximum ROKT drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for ARKX and ROKT. 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%
-6.65%
ARKX
ROKT

Volatility

ARKX vs. ROKT - Volatility Comparison

ARK Space Exploration & Innovation ETF (ARKX) has a higher volatility of 9.50% compared to SPDR S&P Kensho Final Frontiers ETF (ROKT) at 8.02%. This indicates that ARKX's price experiences larger fluctuations and is considered to be riskier than ROKT 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%
8.02%
ARKX
ROKT
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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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