DFAU vs. ARKK
Compare and contrast key facts about Dimensional US Core Equity Market ETF (DFAU) and ARK Innovation ETF (ARKK).
DFAU and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFAU is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Nov 17, 2020. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAU or ARKK.
Key characteristics
| DFAU | ARKK | |
|---|---|---|
| YTD Return | 6.73% | -15.85% |
| 1Y Return | 24.60% | 24.47% |
| 3Y Return (Ann) | 7.50% | -29.23% |
| Sharpe Ratio | 2.25 | 0.72 |
| Daily Std Dev | 11.99% | 36.53% |
| Max Drawdown | -23.61% | -80.91% |
| Current Drawdown | -3.09% | -71.39% |
Correlation
The correlation between DFAU and ARKK is 0.70, 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
DFAU vs. ARKK - Performance Comparison
In the year-to-date period, DFAU achieves a 6.73% return, which is significantly higher than ARKK's -15.85% 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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DFAU vs. ARKK - Expense Ratio Comparison
DFAU has a 0.12% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
DFAU vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional US Core Equity Market ETF (DFAU) and ARK Innovation ETF (ARKK). 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
DFAU vs. ARKK - Dividend Comparison
DFAU's dividend yield for the trailing twelve months is around 1.18%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFAU Dimensional US Core Equity Market ETF | 1.18% | 1.29% | 1.40% | 1.00% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
DFAU vs. ARKK - Drawdown Comparison
The maximum DFAU drawdown since its inception was -23.61%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for DFAU and ARKK. For additional features, visit the drawdowns tool.
Volatility
DFAU vs. ARKK - Volatility Comparison
The current volatility for Dimensional US Core Equity Market ETF (DFAU) is 3.51%, while ARK Innovation ETF (ARKK) has a volatility of 8.91%. This indicates that DFAU experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.