HOOD vs. ARKF
Compare and contrast key facts about Robinhood Markets, Inc. (HOOD) 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: HOOD or ARKF.
Key characteristics
| HOOD | ARKF | |
|---|---|---|
| YTD Return | 38.23% | 0.07% |
| 1Y Return | 110.14% | 62.64% |
| Sharpe Ratio | 2.18 | 1.89 |
| Daily Std Dev | 49.50% | 32.41% |
| Max Drawdown | -90.21% | -78.63% |
| Current Drawdown | -74.98% | -56.60% |
Correlation
The correlation between HOOD and ARKF is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HOOD vs. ARKF - Performance Comparison
In the year-to-date period, HOOD achieves a 38.23% return, which is significantly higher than ARKF's 0.07% 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
HOOD vs. ARKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Robinhood Markets, Inc. (HOOD) 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
HOOD vs. ARKF - Dividend Comparison
Neither HOOD nor ARKF has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% |
Drawdowns
HOOD vs. ARKF - Drawdown Comparison
The maximum HOOD drawdown since its inception was -90.21%, which is greater than ARKF's maximum drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for HOOD and ARKF. For additional features, visit the drawdowns tool.
Volatility
HOOD vs. ARKF - Volatility Comparison
Robinhood Markets, Inc. (HOOD) has a higher volatility of 14.33% compared to ARK Fintech Innovation ETF (ARKF) at 9.16%. This indicates that HOOD's price experiences larger fluctuations and is considered to be riskier than ARKF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.