HBAN vs. ARKF
Compare and contrast key facts about Huntington Bancshares Incorporated (HBAN) and ARK Fintech Innovation ETF (ARKF).
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: HBAN or ARKF.
Key characteristics
| HBAN | ARKF | |
|---|---|---|
| YTD Return | 18.65% | 4.57% |
| 1Y Return | 44.21% | 41.65% |
| 3Y Return (Ann) | 4.06% | -18.34% |
| 5Y Return (Ann) | 5.17% | 5.99% |
| Sharpe Ratio | 1.55 | 1.30 |
| Daily Std Dev | 27.52% | 30.62% |
| Max Drawdown | -95.34% | -78.63% |
| Current Drawdown | -5.45% | -54.65% |
Correlation
The correlation between HBAN and ARKF is 0.38, 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.
Performance
HBAN vs. ARKF - Performance Comparison
In the year-to-date period, HBAN achieves a 18.65% return, which is significantly higher than ARKF's 4.57% 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
HBAN vs. ARKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Huntington Bancshares Incorporated (HBAN) 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
HBAN vs. ARKF - Dividend Comparison
HBAN's dividend yield for the trailing twelve months is around 4.26%, while ARKF has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBAN Huntington Bancshares Incorporated | 4.26% | 4.87% | 4.40% | 3.92% | 4.75% | 3.85% | 5.12% | 2.40% | 2.19% | 2.26% | 2.00% | 1.97% |
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HBAN vs. ARKF - Drawdown Comparison
The maximum HBAN drawdown since its inception was -95.34%, which is greater than ARKF's maximum drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for HBAN and ARKF. For additional features, visit the drawdowns tool.
Volatility
HBAN vs. ARKF - Volatility Comparison
The current volatility for Huntington Bancshares Incorporated (HBAN) is 6.50%, while ARK Fintech Innovation ETF (ARKF) has a volatility of 8.33%. This indicates that HBAN 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.