IBB vs. ARKG
Compare and contrast key facts about iShares Nasdaq Biotechnology ETF (IBB) and ARK Genomic Revolution Multi-Sector ETF (ARKG).
IBB and ARKG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBB is a passively managed fund by iShares that tracks the performance of the NASDAQ Biotechnology Index. It was launched on Feb 5, 2001. ARKG 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: IBB or ARKG.
Performance
IBB vs. ARKG - Performance Comparison
Returns By Period
In the year-to-date period, IBB achieves a -1.59% return, which is significantly higher than ARKG's -30.94% return. Over the past 10 years, IBB has outperformed ARKG with an annualized return of 3.32%, while ARKG has yielded a comparatively lower 2.11% annualized return.
IBB
-1.59%
-8.89%
-2.29%
14.34%
3.93%
3.32%
ARKG
-30.94%
-8.56%
-14.59%
-17.81%
-6.35%
2.11%
Key characteristics
| IBB | ARKG | |
|---|---|---|
| Sharpe Ratio | 0.75 | -0.36 |
| Sortino Ratio | 1.13 | -0.28 |
| Omega Ratio | 1.14 | 0.97 |
| Calmar Ratio | 0.40 | -0.19 |
| Martin Ratio | 3.54 | -0.67 |
| Ulcer Index | 3.77% | 22.28% |
| Daily Std Dev | 17.93% | 40.79% |
| Max Drawdown | -62.85% | -80.10% |
| Current Drawdown | -23.59% | -79.73% |
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IBB vs. ARKG - Expense Ratio Comparison
IBB has a 0.47% expense ratio, which is lower than ARKG's 0.75% expense ratio.
Correlation
The correlation between IBB and ARKG is 0.79, 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.
Risk-Adjusted Performance
IBB vs. ARKG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Biotechnology ETF (IBB) and ARK Genomic Revolution Multi-Sector ETF (ARKG). 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
IBB vs. ARKG - Dividend Comparison
IBB's dividend yield for the trailing twelve months is around 0.34%, while ARKG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBB iShares Nasdaq Biotechnology ETF | 0.34% | 0.26% | 0.31% | 0.21% | 0.20% | 0.17% | 0.19% | 0.30% | 0.19% | 0.03% | 0.15% | 0.03% |
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBB vs. ARKG - Drawdown Comparison
The maximum IBB drawdown since its inception was -62.85%, smaller than the maximum ARKG drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for IBB and ARKG. For additional features, visit the drawdowns tool.
Volatility
IBB vs. ARKG - Volatility Comparison
The current volatility for iShares Nasdaq Biotechnology ETF (IBB) is 7.08%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 13.87%. This indicates that IBB experiences smaller price fluctuations and is considered to be less risky than ARKG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.