IDNA vs. ARKG
Compare and contrast key facts about iShares Genomics Immunology and Healthcare ETF Genomics Immunology and Healthcare Fund (IDNA) and ARK Genomic Revolution Multi-Sector ETF (ARKG).
IDNA and ARKG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDNA is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Genomics and Immuno Biopharma Index. It was launched on Jun 11, 2019. 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: IDNA or ARKG.
Performance
IDNA vs. ARKG - Performance Comparison
Returns By Period
In the year-to-date period, IDNA achieves a 0.94% return, which is significantly higher than ARKG's -28.80% return.
IDNA
0.94%
-4.54%
-5.92%
17.65%
-2.89%
N/A
ARKG
-28.80%
-4.11%
-11.14%
-13.96%
-5.72%
2.34%
Key characteristics
| IDNA | ARKG | |
|---|---|---|
| Sharpe Ratio | 0.65 | -0.42 |
| Sortino Ratio | 1.04 | -0.38 |
| Omega Ratio | 1.12 | 0.96 |
| Calmar Ratio | 0.22 | -0.21 |
| Martin Ratio | 2.66 | -0.76 |
| Ulcer Index | 5.28% | 22.56% |
| Daily Std Dev | 21.65% | 40.32% |
| Max Drawdown | -68.26% | -80.10% |
| Current Drawdown | -57.25% | -79.10% |
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IDNA vs. ARKG - Expense Ratio Comparison
IDNA has a 0.47% expense ratio, which is lower than ARKG's 0.75% expense ratio.
Correlation
The correlation between IDNA and ARKG is 0.88, 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
IDNA vs. ARKG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Genomics Immunology and Healthcare ETF Genomics Immunology and Healthcare Fund (IDNA) 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
IDNA vs. ARKG - Dividend Comparison
IDNA's dividend yield for the trailing twelve months is around 1.21%, while ARKG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IDNA iShares Genomics Immunology and Healthcare ETF Genomics Immunology and Healthcare Fund | 1.21% | 1.04% | 0.54% | 0.70% | 0.26% | 0.80% | 0.00% | 0.00% |
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% |
Drawdowns
IDNA vs. ARKG - Drawdown Comparison
The maximum IDNA drawdown since its inception was -68.26%, smaller than the maximum ARKG drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for IDNA and ARKG. For additional features, visit the drawdowns tool.
Volatility
IDNA vs. ARKG - Volatility Comparison
The current volatility for iShares Genomics Immunology and Healthcare ETF Genomics Immunology and Healthcare Fund (IDNA) is 6.80%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 13.90%. This indicates that IDNA 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.