GS vs. ARKK
Compare and contrast key facts about The Goldman Sachs Group, Inc. (GS) and ARK Innovation ETF (ARKK).
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: GS or ARKK.
Key characteristics
| GS | ARKK | |
|---|---|---|
| YTD Return | 22.10% | -13.21% |
| 1Y Return | 46.40% | 17.15% |
| 3Y Return (Ann) | 11.53% | -23.91% |
| 5Y Return (Ann) | 21.78% | 1.40% |
| Sharpe Ratio | 2.13 | 0.51 |
| Daily Std Dev | 21.66% | 36.57% |
| Max Drawdown | -78.84% | -80.91% |
| Current Drawdown | 0.00% | -70.49% |
Correlation
The correlation between GS and ARKK is 0.43, 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
GS vs. ARKK - Performance Comparison
In the year-to-date period, GS achieves a 22.10% return, which is significantly higher than ARKK's -13.21% 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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Risk-Adjusted Performance
GS vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Goldman Sachs Group, Inc. (GS) 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
GS vs. ARKK - Dividend Comparison
GS's dividend yield for the trailing twelve months is around 2.30%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GS The Goldman Sachs Group, Inc. | 2.30% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% | 1.16% | 1.16% |
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
GS vs. ARKK - Drawdown Comparison
The maximum GS drawdown since its inception was -78.84%, roughly equal to the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for GS and ARKK. For additional features, visit the drawdowns tool.
Volatility
GS vs. ARKK - Volatility Comparison
The current volatility for The Goldman Sachs Group, Inc. (GS) is 4.74%, while ARK Innovation ETF (ARKK) has a volatility of 9.53%. This indicates that GS 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.