FINX vs. ARKF
Compare and contrast key facts about Global X FinTech ETF (FINX) and ARK Fintech Innovation ETF (ARKF).
FINX and ARKF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FINX is a passively managed fund by Global X that tracks the performance of the Indxx Global FinTech Thematic Index. It was launched on Sep 12, 2016. ARKF is an actively managed fund by ARK Investment Management. It was launched on Feb 4, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FINX or ARKF.
Key characteristics
| FINX | ARKF | |
|---|---|---|
| YTD Return | 27.28% | 36.29% |
| 1Y Return | 56.64% | 74.35% |
| 3Y Return (Ann) | -12.27% | -10.72% |
| 5Y Return (Ann) | 2.91% | 10.51% |
| Sharpe Ratio | 2.71 | 2.75 |
| Sortino Ratio | 3.54 | 3.38 |
| Omega Ratio | 1.43 | 1.43 |
| Calmar Ratio | 1.07 | 1.23 |
| Martin Ratio | 10.99 | 11.10 |
| Ulcer Index | 5.69% | 7.36% |
| Daily Std Dev | 23.12% | 29.69% |
| Max Drawdown | -63.53% | -78.63% |
| Current Drawdown | -34.74% | -40.90% |
Correlation
The correlation between FINX and ARKF is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FINX vs. ARKF - Performance Comparison
In the year-to-date period, FINX achieves a 27.28% return, which is significantly lower than ARKF's 36.29% 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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FINX vs. ARKF - Expense Ratio Comparison
FINX has a 0.68% expense ratio, which is lower than ARKF's 0.75% expense ratio.
Risk-Adjusted Performance
FINX vs. ARKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) and ARK Fintech Innovation ETF (ARKF). 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
FINX vs. ARKF - Dividend Comparison
FINX's dividend yield for the trailing twelve months is around 0.18%, while ARKF has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FINX Global X FinTech ETF | 0.18% | 0.21% | 0.27% | 5.40% | 0.00% | 0.00% | 0.18% | 0.11% |
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% | 0.00% | 0.00% |
Drawdowns
FINX vs. ARKF - Drawdown Comparison
The maximum FINX drawdown since its inception was -63.53%, smaller than the maximum ARKF drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for FINX and ARKF. For additional features, visit the drawdowns tool.
Volatility
FINX vs. ARKF - Volatility Comparison
The current volatility for Global X FinTech ETF (FINX) is 7.67%, while ARK Fintech Innovation ETF (ARKF) has a volatility of 10.98%. This indicates that FINX experiences smaller price fluctuations and is considered to be less risky than ARKF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.