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DXYZ vs. ARKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DXYZ and ARKX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

DXYZ vs. ARKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destiny Tech100 Inc (DXYZ) and ARK Space Exploration & Innovation ETF (ARKX). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
568.00%
31.96%
DXYZ
ARKX

Key characteristics

Daily Std Dev

DXYZ:

245.99%

ARKX:

21.46%

Max Drawdown

DXYZ:

-90.35%

ARKX:

-43.61%

Current Drawdown

DXYZ:

-39.75%

ARKX:

-8.07%

Returns By Period


DXYZ

YTD

N/A

1M

58.84%

6M

377.14%

1Y

N/A

5Y*

N/A

10Y*

N/A

ARKX

YTD

26.74%

1M

8.56%

6M

30.99%

1Y

27.73%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

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.


Sharpe ratio
No data
DXYZ
ARKX


Chart placeholderNot enough data

Dividends

DXYZ vs. ARKX - Dividend Comparison

Neither DXYZ nor ARKX has paid dividends to shareholders.


Tickers have no history of dividend payments

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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-39.75%
-3.17%
DXYZ
ARKX

Volatility

DXYZ vs. ARKX - Volatility Comparison

Destiny Tech100 Inc (DXYZ) has a higher volatility of 38.60% compared to ARK Space Exploration & Innovation ETF (ARKX) at 9.50%. 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.


0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
38.60%
9.50%
DXYZ
ARKX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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