Correlation
The correlation between BPAY and ARKF is 0.77, 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.
BPAY vs. ARKF
Compare and contrast key facts about BlackRock Future Financial and Technology ETF (BPAY) and ARK Fintech Innovation ETF (ARKF).
BPAY and ARKF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BPAY is an actively managed fund by BlackRock. It was launched on Aug 16, 2022. ARKF is an actively managed fund by ARK Investment Management. It was launched on Feb 4, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BPAY or ARKF.
Performance
BPAY vs. ARKF - Performance Comparison
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Key characteristics
BPAY:
0.72
ARKF:
1.36
BPAY:
1.08
ARKF:
1.86
BPAY:
1.15
ARKF:
1.25
BPAY:
0.67
ARKF:
0.78
BPAY:
2.30
ARKF:
4.25
BPAY:
7.36%
ARKF:
11.32%
BPAY:
26.05%
ARKF:
37.28%
BPAY:
-26.17%
ARKF:
-78.63%
BPAY:
-3.39%
ARKF:
-35.64%
Returns By Period
In the year-to-date period, BPAY achieves a 4.55% return, which is significantly lower than ARKF's 10.47% return.
BPAY
4.55%
9.87%
1.03%
18.73%
N/A
N/A
N/A
ARKF
10.47%
12.38%
4.33%
50.26%
28.81%
7.72%
N/A
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BPAY vs. ARKF - Expense Ratio Comparison
BPAY has a 0.70% expense ratio, which is lower than ARKF's 0.75% expense ratio.
Risk-Adjusted Performance
BPAY vs. ARKF — Risk-Adjusted Performance Rank
BPAY
ARKF
BPAY vs. ARKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Future Financial and Technology ETF (BPAY) and ARK Fintech Innovation ETF (ARKF). 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.
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Dividends
BPAY vs. ARKF - Dividend Comparison
BPAY's dividend yield for the trailing twelve months is around 0.46%, while ARKF has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|---|
BPAY BlackRock Future Financial and Technology ETF | 0.46% | 0.48% | 1.18% | 0.18% | 0.00% | 0.00% | 0.00% |
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% |
Drawdowns
BPAY vs. ARKF - Drawdown Comparison
The maximum BPAY drawdown since its inception was -26.17%, smaller than the maximum ARKF drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for BPAY and ARKF.
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Volatility
BPAY vs. ARKF - Volatility Comparison
The current volatility for BlackRock Future Financial and Technology ETF (BPAY) is 6.19%, while ARK Fintech Innovation ETF (ARKF) has a volatility of 8.44%. This indicates that BPAY experiences smaller price fluctuations and is considered to be less risky than ARKF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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