IBUY vs. ARKK
Compare and contrast key facts about Amplify Online Retail ETF (IBUY) and ARK Innovation ETF (ARKK).
IBUY and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBUY is a passively managed fund by Amplify Investments that tracks the performance of the EQM Online Retail Index. It was launched on Apr 20, 2016. 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: IBUY or ARKK.
Correlation
The correlation between IBUY and ARKK is 0.81, 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
IBUY vs. ARKK - Performance Comparison
Key characteristics
IBUY:
1.03
ARKK:
0.46
IBUY:
1.53
ARKK:
0.86
IBUY:
1.19
ARKK:
1.10
IBUY:
0.36
ARKK:
0.22
IBUY:
4.41
ARKK:
1.14
IBUY:
5.19%
ARKK:
14.41%
IBUY:
22.19%
ARKK:
35.78%
IBUY:
-73.00%
ARKK:
-80.91%
IBUY:
-52.99%
ARKK:
-61.43%
Returns By Period
In the year-to-date period, IBUY achieves a 21.54% return, which is significantly higher than ARKK's 13.42% return.
IBUY
21.54%
1.22%
19.78%
20.17%
4.98%
N/A
ARKK
13.42%
7.45%
37.12%
13.55%
3.87%
12.53%
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IBUY vs. ARKK - Expense Ratio Comparison
IBUY has a 0.65% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
IBUY vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Online Retail ETF (IBUY) 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
IBUY vs. ARKK - Dividend Comparison
Neither IBUY nor ARKK has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Amplify Online Retail ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.54% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% |
ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
IBUY vs. ARKK - Drawdown Comparison
The maximum IBUY drawdown since its inception was -73.00%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for IBUY and ARKK. For additional features, visit the drawdowns tool.
Volatility
IBUY vs. ARKK - Volatility Comparison
The current volatility for Amplify Online Retail ETF (IBUY) is 7.33%, while ARK Innovation ETF (ARKK) has a volatility of 11.55%. This indicates that IBUY 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.