Correlation
The correlation between DRUP 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.
DRUP vs. ARKK
Compare and contrast key facts about GraniteShares Nasdaq Select Disruptors ETF (DRUP) and ARK Innovation ETF (ARKK).
DRUP and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRUP is a passively managed fund by GraniteShares that tracks the performance of the Nasdaq US Large Cap Select Disruptors Index - Benchmark TR Gross. It was launched on Oct 7, 2019. 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: DRUP or ARKK.
Performance
DRUP vs. ARKK - Performance Comparison
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Key characteristics
DRUP:
0.61
ARKK:
0.68
DRUP:
0.95
ARKK:
1.14
DRUP:
1.13
ARKK:
1.14
DRUP:
0.59
ARKK:
0.37
DRUP:
1.95
ARKK:
1.97
DRUP:
7.18%
ARKK:
13.98%
DRUP:
25.41%
ARKK:
44.84%
DRUP:
-31.29%
ARKK:
-80.91%
DRUP:
-4.75%
ARKK:
-63.54%
Returns By Period
In the year-to-date period, DRUP achieves a 2.98% return, which is significantly higher than ARKK's -0.26% return.
DRUP
2.98%
7.16%
2.01%
15.38%
17.88%
15.81%
N/A
ARKK
-0.26%
9.88%
-0.93%
30.22%
7.63%
-1.65%
11.17%
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DRUP vs. ARKK - Expense Ratio Comparison
DRUP has a 0.60% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
DRUP vs. ARKK — Risk-Adjusted Performance Rank
DRUP
ARKK
DRUP vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Nasdaq Select Disruptors ETF (DRUP) 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.
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Dividends
DRUP vs. ARKK - Dividend Comparison
Neither DRUP nor ARKK has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DRUP GraniteShares Nasdaq Select Disruptors ETF | 0.00% | 0.00% | 0.40% | 0.52% | 0.28% | 0.53% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
DRUP vs. ARKK - Drawdown Comparison
The maximum DRUP drawdown since its inception was -31.29%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for DRUP and ARKK.
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Volatility
DRUP vs. ARKK - Volatility Comparison
The current volatility for GraniteShares Nasdaq Select Disruptors ETF (DRUP) is 6.02%, while ARK Innovation ETF (ARKK) has a volatility of 12.24%. This indicates that DRUP 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.
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