GOOS vs. ARKW
Compare and contrast key facts about Canada Goose Holdings Inc. (GOOS) and ARK Next Generation Internet ETF (ARKW).
ARKW is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOOS or ARKW.
Correlation
The correlation between GOOS and ARKW is 0.48, 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
GOOS vs. ARKW - Performance Comparison
Key characteristics
GOOS:
-0.47
ARKW:
2.19
GOOS:
-0.44
ARKW:
2.75
GOOS:
0.95
ARKW:
1.35
GOOS:
-0.24
ARKW:
1.11
GOOS:
-0.91
ARKW:
11.31
GOOS:
23.29%
ARKW:
6.17%
GOOS:
45.42%
ARKW:
31.90%
GOOS:
-86.70%
ARKW:
-80.01%
GOOS:
-86.30%
ARKW:
-33.64%
Returns By Period
In the year-to-date period, GOOS achieves a -4.29% return, which is significantly lower than ARKW's 12.10% return.
GOOS
-4.29%
-5.33%
-6.25%
-21.38%
-21.37%
N/A
ARKW
12.10%
9.06%
64.05%
62.24%
13.48%
21.56%
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Risk-Adjusted Performance
GOOS vs. ARKW — Risk-Adjusted Performance Rank
GOOS
ARKW
GOOS vs. ARKW - Risk-Adjusted Performance 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.
Dividends
GOOS vs. ARKW - Dividend Comparison
Neither GOOS nor ARKW has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
GOOS vs. ARKW - Drawdown Comparison
The maximum GOOS drawdown since its inception was -86.70%, which is greater than ARKW's maximum drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for GOOS and ARKW. For additional features, visit the drawdowns tool.
Volatility
GOOS vs. ARKW - Volatility Comparison
Canada Goose Holdings Inc. (GOOS) has a higher volatility of 17.50% compared to ARK Next Generation Internet ETF (ARKW) at 7.49%. This indicates that GOOS's price experiences larger fluctuations and is considered to be riskier than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.