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HBAN vs. ARKF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HBAN and ARKF is 0.39, 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.


-0.50.00.51.00.4

Performance

HBAN vs. ARKF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Huntington Bancshares Incorporated (HBAN) and ARK Fintech Innovation ETF (ARKF). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
61.71%
91.94%
HBAN
ARKF

Key characteristics

Sharpe Ratio

HBAN:

1.34

ARKF:

1.46

Sortino Ratio

HBAN:

2.07

ARKF:

2.01

Omega Ratio

HBAN:

1.26

ARKF:

1.25

Calmar Ratio

HBAN:

1.58

ARKF:

0.71

Martin Ratio

HBAN:

7.52

ARKF:

5.86

Ulcer Index

HBAN:

4.90%

ARKF:

7.43%

Daily Std Dev

HBAN:

27.46%

ARKF:

29.74%

Max Drawdown

HBAN:

-95.34%

ARKF:

-78.63%

Current Drawdown

HBAN:

-9.50%

ARKF:

-39.42%

Returns By Period

In the year-to-date period, HBAN achieves a 34.12% return, which is significantly lower than ARKF's 39.70% return.


HBAN

YTD

34.12%

1M

-5.72%

6M

31.81%

1Y

34.97%

5Y*

6.58%

10Y*

8.70%

ARKF

YTD

39.70%

1M

1.05%

6M

39.70%

1Y

40.77%

5Y*

10.11%

10Y*

N/A

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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.


Sharpe ratio
The chart of Sharpe ratio for HBAN, currently valued at 1.34, compared to the broader market-4.00-2.000.002.001.341.46
The chart of Sortino ratio for HBAN, currently valued at 2.07, compared to the broader market-4.00-2.000.002.004.002.072.01
The chart of Omega ratio for HBAN, currently valued at 1.26, compared to the broader market0.501.001.502.001.261.25
The chart of Calmar ratio for HBAN, currently valued at 1.58, compared to the broader market0.002.004.006.001.580.71
The chart of Martin ratio for HBAN, currently valued at 7.52, compared to the broader market-5.000.005.0010.0015.0020.0025.007.525.86
HBAN
ARKF

The current HBAN Sharpe Ratio is 1.34, which is comparable to the ARKF Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of HBAN and ARKF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.34
1.46
HBAN
ARKF

Dividends

HBAN vs. ARKF - Dividend Comparison

HBAN's dividend yield for the trailing twelve months is around 3.80%, while ARKF has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
HBAN
Huntington Bancshares Incorporated
3.80%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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.50%
-39.42%
HBAN
ARKF

Volatility

HBAN vs. ARKF - Volatility Comparison

The current volatility for Huntington Bancshares Incorporated (HBAN) is 7.46%, while ARK Fintech Innovation ETF (ARKF) has a volatility of 9.87%. 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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.46%
9.87%
HBAN
ARKF
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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