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AXSM vs. ARKW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AXSM and ARKW is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

AXSM vs. ARKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axsome Therapeutics, Inc. (AXSM) and ARK Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AXSM:

0.91

ARKW:

1.35

Sortino Ratio

AXSM:

1.75

ARKW:

1.90

Omega Ratio

AXSM:

1.20

ARKW:

1.25

Calmar Ratio

AXSM:

1.29

ARKW:

0.85

Martin Ratio

AXSM:

4.03

ARKW:

4.73

Ulcer Index

AXSM:

10.58%

ARKW:

11.24%

Daily Std Dev

AXSM:

45.88%

ARKW:

39.62%

Max Drawdown

AXSM:

-86.65%

ARKW:

-80.01%

Current Drawdown

AXSM:

-21.38%

ARKW:

-34.40%

Returns By Period

In the year-to-date period, AXSM achieves a 28.00% return, which is significantly higher than ARKW's 10.82% return.


AXSM

YTD

28.00%

1M

3.68%

6M

17.14%

1Y

41.49%

3Y*

50.69%

5Y*

4.98%

10Y*

N/A

ARKW

YTD

10.82%

1M

30.80%

6M

14.24%

1Y

53.04%

3Y*

30.07%

5Y*

10.94%

10Y*

20.21%

*Annualized

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Axsome Therapeutics, Inc.

ARK Next Generation Internet ETF

Risk-Adjusted Performance

AXSM vs. ARKW — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AXSM
The Risk-Adjusted Performance Rank of AXSM is 8282
Overall Rank
The Sharpe Ratio Rank of AXSM is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of AXSM is 8282
Sortino Ratio Rank
The Omega Ratio Rank of AXSM is 7676
Omega Ratio Rank
The Calmar Ratio Rank of AXSM is 8787
Calmar Ratio Rank
The Martin Ratio Rank of AXSM is 8383
Martin Ratio Rank

ARKW
The Risk-Adjusted Performance Rank of ARKW is 8484
Overall Rank
The Sharpe Ratio Rank of ARKW is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKW is 8888
Sortino Ratio Rank
The Omega Ratio Rank of ARKW is 8686
Omega Ratio Rank
The Calmar Ratio Rank of ARKW is 7575
Calmar Ratio Rank
The Martin Ratio Rank of ARKW is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AXSM vs. ARKW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Axsome Therapeutics, Inc. (AXSM) and ARK Next Generation Internet ETF (ARKW). 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.


The current AXSM Sharpe Ratio is 0.91, which is lower than the ARKW Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of AXSM and ARKW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AXSM vs. ARKW - Dividend Comparison

Neither AXSM nor ARKW has paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
AXSM
Axsome Therapeutics, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ARKW
ARK Next Generation Internet ETF
0.00%0.00%0.00%0.00%2.79%1.29%0.00%13.06%2.05%0.00%2.29%

Drawdowns

AXSM vs. ARKW - Drawdown Comparison

The maximum AXSM drawdown since its inception was -86.65%, which is greater than ARKW's maximum drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for AXSM and ARKW. For additional features, visit the drawdowns tool.


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Volatility

AXSM vs. ARKW - Volatility Comparison

Axsome Therapeutics, Inc. (AXSM) and ARK Next Generation Internet ETF (ARKW) have volatilities of 9.58% and 10.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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