GOOS vs. ARKW

Last updated Jun 23, 2026

GOOS (Canada Goose Holdings Inc.) is a stock, while ARKW (ARK Next Generation Internet ETF) is Mid Cap Growth Equities fund actively managed by ARK. Over the past 5 years, GOOS returned -25.74%/yr vs -0.42%/yr for ARKW. At a 0.46 correlation, their price movements are largely independent.

Performance

GOOS vs. ARKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canada Goose Holdings Inc. (GOOS) and ARK Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOS achieves a -28.73% return, which is significantly lower than ARKW's -3.02% return.

GOOS

• 1D: -5.72%
• 1M: -5.91%
• YTD: -28.73%
• 6M: -27.04%
• 1Y: -17.59%
• 3Y*: -16.51%
• 5Y*: -25.74%
• 10Y*: —

ARKW

• 1D: -2.29%
• 1M: -1.38%
• YTD: -3.02%
• 6M: -6.61%
• 1Y: 2.85%
• 3Y*: 37.56%
• 5Y*: -0.42%
• 10Y*: 22.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOS vs. ARKW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOOS Canada Goose Holdings Inc.	-28.73%	29.11%	-15.36%	-33.46%	-51.94%	24.49%	-17.85%	-17.11%	38.53%	75.33%
ARKW ARK Next Generation Internet ETF	-3.02%	38.93%	42.27%	96.89%	-67.49%	-18.85%	157.44%	35.76%	4.24%	63.71%

Correlation

The correlation between GOOS and ARKW is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Mar 16, 2017	0.46

The correlation between GOOS and ARKW shifts across timeframes, from 0.34 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GOOS vs. ARKW — Risk / Return Rank

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

GOOS

GOOS Risk / Return Rank: 27
GOOS Sharpe Ratio Rank: 27
GOOS Sortino Ratio Rank: 28
GOOS Omega Ratio Rank: 27
GOOS Calmar Ratio Rank: 26
GOOS Martin Ratio Rank: 25

ARKW

ARKW Risk / Return Rank: 9
ARKW Sharpe Ratio Rank: 9
ARKW Sortino Ratio Rank: 10
ARKW Omega Ratio Rank: 10
ARKW Calmar Ratio Rank: 9
ARKW Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOOS vs. ARKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canada Goose Holdings Inc. (GOOS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GOOS	ARKW	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	0.09	-0.43
Sortino ratio: Return per unit of downside risk	-0.15	0.34	-0.49
Omega ratio: Gain probability vs. loss probability	0.98	1.04	-0.06
Calmar ratio: Return relative to maximum drawdown	-0.45	0.08	-0.53
Martin ratio: Return relative to average drawdown	-0.85	0.16	-1.01

GOOS vs. ARKW - Sharpe Ratio Comparison

The current GOOS Sharpe Ratio is -0.34, which is lower than the ARKW Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of GOOS and ARKW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOOS vs. ARKW - Drawdown Comparison

The maximum GOOS drawdown since its inception was -90.18%, which is greater than ARKW's maximum drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for GOOS and ARKW.

Drawdown Indicators

	GOOS	ARKW	Difference
Max Drawdown Largest peak-to-trough decline	-90.18%	-80.52%	-9.66%
Max Drawdown (1Y) Largest decline over 1 year	-39.44%	-36.21%	-3.23%
Max Drawdown (3Y) Largest decline over 3 years	-62.28%	-36.21%	-26.07%
Max Drawdown (5Y) Largest decline over 5 years	-87.04%	-77.36%	-9.68%
Max Drawdown (10Y) Largest decline over 10 years	—	-80.52%	—
Current Drawdown Current decline from peak	-86.82%	-22.27%	-64.55%
Average Drawdown Average peak-to-trough decline	-55.29%	-23.97%	-31.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.77%	18.09%	+2.68%

Volatility

GOOS vs. ARKW - Volatility Comparison

Canada Goose Holdings Inc. (GOOS) and ARK Next Generation Internet ETF (ARKW) have volatilities of 11.21% and 10.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOS	ARKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.21%	10.95%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	36.13%	24.71%	+11.42%
Volatility (1Y) Calculated over the trailing 1-year period	52.03%	32.83%	+19.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.30%	43.66%	+9.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.94%	37.79%	+17.15%

Dividends

GOOS vs. ARKW - Dividend Comparison

GOOS has not paid dividends to shareholders, while ARKW's dividend yield for the trailing twelve months is around 1.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.64%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
GOOS Canada Goose Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOS and ARKW in my portfolio?

GOOS and ARKW have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOS or ARKW?

GOOS has higher volatility (11.21%) compared to ARKW (10.95%). In terms of maximum drawdown, GOOS dropped -90.18% vs ARKW's -80.52%.

Which has better risk-adjusted returns?

ARKW currently has the higher Sharpe Ratio (0.09 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.