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EKWAX vs. ARKW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EKWAX and ARKW is 0.15, 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.


-0.50.00.51.00.2

Performance

EKWAX vs. ARKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Precious Metals Fund (EKWAX) and ARK Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%AugustSeptemberOctoberNovemberDecember2025
2.32%
29.01%
EKWAX
ARKW

Key characteristics

Sharpe Ratio

EKWAX:

1.33

ARKW:

1.65

Sortino Ratio

EKWAX:

1.85

ARKW:

2.22

Omega Ratio

EKWAX:

1.23

ARKW:

1.27

Calmar Ratio

EKWAX:

0.68

ARKW:

0.84

Martin Ratio

EKWAX:

5.31

ARKW:

8.58

Ulcer Index

EKWAX:

7.05%

ARKW:

6.16%

Daily Std Dev

EKWAX:

28.09%

ARKW:

32.00%

Max Drawdown

EKWAX:

-77.82%

ARKW:

-80.01%

Current Drawdown

EKWAX:

-32.49%

ARKW:

-40.17%

Returns By Period

In the year-to-date period, EKWAX achieves a 6.73% return, which is significantly higher than ARKW's 1.07% return. Over the past 10 years, EKWAX has underperformed ARKW with an annualized return of 5.97%, while ARKW has yielded a comparatively higher 21.26% annualized return.


EKWAX

YTD

6.73%

1M

0.37%

6M

2.32%

1Y

34.14%

5Y*

7.96%

10Y*

5.97%

ARKW

YTD

1.07%

1M

-6.81%

6M

29.01%

1Y

55.52%

5Y*

12.54%

10Y*

21.26%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EKWAX vs. ARKW - Expense Ratio Comparison

EKWAX has a 1.09% expense ratio, which is higher than ARKW's 0.76% expense ratio.


EKWAX
Allspring Precious Metals Fund
Expense ratio chart for EKWAX: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for ARKW: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Risk-Adjusted Performance

EKWAX vs. ARKW — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EKWAX
The Risk-Adjusted Performance Rank of EKWAX is 7575
Overall Rank
The Sharpe Ratio Rank of EKWAX is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of EKWAX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of EKWAX is 7777
Omega Ratio Rank
The Calmar Ratio Rank of EKWAX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of EKWAX is 7373
Martin Ratio Rank

ARKW
The Risk-Adjusted Performance Rank of ARKW is 6767
Overall Rank
The Sharpe Ratio Rank of ARKW is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKW is 7373
Sortino Ratio Rank
The Omega Ratio Rank of ARKW is 7070
Omega Ratio Rank
The Calmar Ratio Rank of ARKW is 4646
Calmar Ratio Rank
The Martin Ratio Rank of ARKW is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EKWAX vs. ARKW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Precious Metals Fund (EKWAX) and ARK Next Generation Internet ETF (ARKW). 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
The chart of Sharpe ratio for EKWAX, currently valued at 1.33, compared to the broader market-1.000.001.002.003.004.001.331.65
The chart of Sortino ratio for EKWAX, currently valued at 1.85, compared to the broader market0.002.004.006.008.0010.001.852.22
The chart of Omega ratio for EKWAX, currently valued at 1.23, compared to the broader market1.002.003.001.231.27
The chart of Calmar ratio for EKWAX, currently valued at 0.98, compared to the broader market0.005.0010.0015.000.980.84
The chart of Martin ratio for EKWAX, currently valued at 5.31, compared to the broader market0.0020.0040.0060.005.318.58
EKWAX
ARKW

The current EKWAX Sharpe Ratio is 1.33, which is comparable to the ARKW Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of EKWAX and ARKW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50AugustSeptemberOctoberNovemberDecember2025
1.33
1.65
EKWAX
ARKW

Dividends

EKWAX vs. ARKW - Dividend Comparison

Neither EKWAX nor ARKW has paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
EKWAX
Allspring Precious Metals Fund
0.00%0.00%0.00%2.01%1.35%1.45%0.11%0.00%1.34%1.11%0.00%
ARKW
ARK Next Generation Internet ETF
0.00%0.00%0.00%0.00%2.79%1.29%0.00%13.06%2.05%0.00%2.29%

Drawdowns

EKWAX vs. ARKW - Drawdown Comparison

The maximum EKWAX drawdown since its inception was -77.82%, roughly equal to the maximum ARKW drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for EKWAX and ARKW. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-12.49%
-40.17%
EKWAX
ARKW

Volatility

EKWAX vs. ARKW - Volatility Comparison

The current volatility for Allspring Precious Metals Fund (EKWAX) is 8.17%, while ARK Next Generation Internet ETF (ARKW) has a volatility of 10.83%. This indicates that EKWAX experiences smaller price fluctuations and is considered to be less risky than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%AugustSeptemberOctoberNovemberDecember2025
8.17%
10.83%
EKWAX
ARKW
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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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