EFAV vs. ARKK
Compare and contrast key facts about iShares Edge MSCI Min Vol EAFE ETF (EFAV) and ARK Innovation ETF (ARKK).
EFAV and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFAV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Minimum Volatility Index. It was launched on Oct 18, 2011. 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: EFAV or ARKK.
Key characteristics
| EFAV | ARKK | |
|---|---|---|
| YTD Return | 8.56% | 10.46% |
| 1Y Return | 17.05% | 45.61% |
| 3Y Return (Ann) | 1.12% | -20.92% |
| 5Y Return (Ann) | 2.55% | 5.30% |
| 10Y Return (Ann) | 4.48% | 12.19% |
| Sharpe Ratio | 1.80 | 1.34 |
| Sortino Ratio | 2.55 | 1.90 |
| Omega Ratio | 1.31 | 1.23 |
| Calmar Ratio | 1.27 | 0.65 |
| Martin Ratio | 9.79 | 3.34 |
| Ulcer Index | 1.79% | 14.36% |
| Daily Std Dev | 9.77% | 35.94% |
| Max Drawdown | -27.56% | -80.91% |
| Current Drawdown | -4.60% | -62.44% |
Correlation
The correlation between EFAV and ARKK is 0.49, 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
EFAV vs. ARKK - Performance Comparison
In the year-to-date period, EFAV achieves a 8.56% return, which is significantly lower than ARKK's 10.46% return. Over the past 10 years, EFAV has underperformed ARKK with an annualized return of 4.48%, while ARKK has yielded a comparatively higher 12.19% 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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EFAV vs. ARKK - Expense Ratio Comparison
EFAV has a 0.20% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
EFAV vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Min Vol EAFE ETF (EFAV) 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
EFAV vs. ARKK - Dividend Comparison
EFAV's dividend yield for the trailing twelve months is around 3.04%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAV iShares Edge MSCI Min Vol EAFE ETF | 3.04% | 3.07% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% | 3.57% | 2.53% |
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
EFAV vs. ARKK - Drawdown Comparison
The maximum EFAV drawdown since its inception was -27.56%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for EFAV and ARKK. For additional features, visit the drawdowns tool.
Volatility
EFAV vs. ARKK - Volatility Comparison
The current volatility for iShares Edge MSCI Min Vol EAFE ETF (EFAV) is 3.02%, while ARK Innovation ETF (ARKK) has a volatility of 13.21%. This indicates that EFAV 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.