DGEIX vs. ARKK
Compare and contrast key facts about DFA Global Equity Portfolio Institutional Class (DGEIX) and ARK Innovation ETF (ARKK).
DGEIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 24, 2003. 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: DGEIX or ARKK.
Key characteristics
| DGEIX | ARKK | |
|---|---|---|
| YTD Return | 15.34% | -7.98% |
| 1Y Return | 27.55% | 21.17% |
| 3Y Return (Ann) | 5.95% | -26.37% |
| 5Y Return (Ann) | 11.57% | 2.02% |
| 10Y Return (Ann) | 9.61% | 10.31% |
| Sharpe Ratio | 2.45 | 0.55 |
| Sortino Ratio | 3.35 | 0.97 |
| Omega Ratio | 1.45 | 1.11 |
| Calmar Ratio | 3.28 | 0.26 |
| Martin Ratio | 16.05 | 1.33 |
| Ulcer Index | 1.81% | 14.36% |
| Daily Std Dev | 11.81% | 34.54% |
| Max Drawdown | -59.77% | -80.91% |
| Current Drawdown | -2.74% | -68.71% |
Correlation
The correlation between DGEIX and ARKK is 0.65, 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
DGEIX vs. ARKK - Performance Comparison
In the year-to-date period, DGEIX achieves a 15.34% return, which is significantly higher than ARKK's -7.98% return. Over the past 10 years, DGEIX has underperformed ARKK with an annualized return of 9.61%, while ARKK has yielded a comparatively higher 10.31% annualized 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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DGEIX vs. ARKK - Expense Ratio Comparison
DGEIX has a 0.25% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
DGEIX vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Global Equity Portfolio Institutional Class (DGEIX) 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
DGEIX vs. ARKK - Dividend Comparison
DGEIX's dividend yield for the trailing twelve months is around 3.34%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGEIX DFA Global Equity Portfolio Institutional Class | 3.34% | 3.82% | 4.92% | 4.31% | 2.37% | 2.22% | 2.62% | 2.15% | 1.90% | 1.98% | 1.88% | 1.70% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 0.00% |
Drawdowns
DGEIX vs. ARKK - Drawdown Comparison
The maximum DGEIX drawdown since its inception was -59.77%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for DGEIX and ARKK. For additional features, visit the drawdowns tool.
Volatility
DGEIX vs. ARKK - Volatility Comparison
The current volatility for DFA Global Equity Portfolio Institutional Class (DGEIX) is 2.52%, while ARK Innovation ETF (ARKK) has a volatility of 8.95%. This indicates that DGEIX 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.