DXYZ vs. ARKX
Compare and contrast key facts about Destiny Tech100 Inc (DXYZ) and ARK Space Exploration & Innovation ETF (ARKX).
ARKX is an actively managed fund by ARK Investment Management. It was launched on Mar 30, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXYZ or ARKX.
Correlation
The correlation between DXYZ and ARKX is 0.42, 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
DXYZ vs. ARKX - Performance Comparison
Key characteristics
DXYZ:
227.08%
ARKX:
23.40%
DXYZ:
-90.35%
ARKX:
-43.61%
DXYZ:
-49.06%
ARKX:
-4.66%
Returns By Period
In the year-to-date period, DXYZ achieves a -13.64% return, which is significantly lower than ARKX's 4.92% return.
DXYZ
-13.64%
-17.05%
304.38%
N/A
N/A
N/A
ARKX
4.92%
-3.80%
35.72%
40.66%
N/A
N/A
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Risk-Adjusted Performance
DXYZ vs. ARKX — Risk-Adjusted Performance Rank
DXYZ
ARKX
DXYZ vs. ARKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Destiny Tech100 Inc (DXYZ) and ARK Space Exploration & Innovation ETF (ARKX). 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.
Not enough dataDividends
DXYZ vs. ARKX - Dividend Comparison
Neither DXYZ nor ARKX has paid dividends to shareholders.
Drawdowns
DXYZ vs. ARKX - Drawdown Comparison
The maximum DXYZ drawdown since its inception was -90.35%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for DXYZ and ARKX. For additional features, visit the drawdowns tool.
Volatility
DXYZ vs. ARKX - Volatility Comparison
Destiny Tech100 Inc (DXYZ) has a higher volatility of 21.41% compared to ARK Space Exploration & Innovation ETF (ARKX) at 7.17%. This indicates that DXYZ's price experiences larger fluctuations and is considered to be riskier than ARKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.