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IDRV vs. ARKQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IDRV vs. ARKQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Self-driving EV & Tech ETF (IDRV) and ARK Autonomous Technology & Robotics ETF (ARKQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
-2.10%
26.05%
IDRV
ARKQ

Returns By Period

In the year-to-date period, IDRV achieves a -17.03% return, which is significantly lower than ARKQ's 20.85% return.


IDRV

YTD

-17.03%

1M

-1.52%

6M

-4.60%

1Y

-11.02%

5Y (annualized)

3.90%

10Y (annualized)

N/A

ARKQ

YTD

20.85%

1M

11.46%

6M

24.07%

1Y

34.27%

5Y (annualized)

15.74%

10Y (annualized)

13.98%

Key characteristics


IDRVARKQ
Sharpe Ratio-0.491.29
Sortino Ratio-0.551.83
Omega Ratio0.941.22
Calmar Ratio-0.260.66
Martin Ratio-0.884.46
Ulcer Index14.95%7.27%
Daily Std Dev26.88%25.19%
Max Drawdown-50.37%-59.89%
Current Drawdown-45.01%-29.15%

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IDRV vs. ARKQ - Expense Ratio Comparison

IDRV has a 0.47% expense ratio, which is lower than ARKQ's 0.75% expense ratio.


ARKQ
ARK Autonomous Technology & Robotics ETF
Expense ratio chart for ARKQ: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for IDRV: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Correlation

-0.50.00.51.00.8

The correlation between IDRV and ARKQ is 0.82, 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

IDRV vs. ARKQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Self-driving EV & Tech ETF (IDRV) and ARK Autonomous Technology & Robotics ETF (ARKQ). 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 IDRV, currently valued at -0.49, compared to the broader market0.002.004.00-0.491.29
The chart of Sortino ratio for IDRV, currently valued at -0.55, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.551.83
The chart of Omega ratio for IDRV, currently valued at 0.94, compared to the broader market0.501.001.502.002.503.000.941.22
The chart of Calmar ratio for IDRV, currently valued at -0.26, compared to the broader market0.005.0010.0015.00-0.260.66
The chart of Martin ratio for IDRV, currently valued at -0.88, compared to the broader market0.0020.0040.0060.0080.00100.00-0.884.46
IDRV
ARKQ

The current IDRV Sharpe Ratio is -0.49, which is lower than the ARKQ Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of IDRV and ARKQ, 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 Ratio-1.50-1.00-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
-0.49
1.29
IDRV
ARKQ

Dividends

IDRV vs. ARKQ - Dividend Comparison

IDRV's dividend yield for the trailing twelve months is around 2.54%, while ARKQ has not paid dividends to shareholders.


TTM202320222021202020192018201720162015
IDRV
iShares Self-driving EV & Tech ETF
2.54%2.17%2.29%1.12%0.69%1.29%0.00%0.00%0.00%0.00%
ARKQ
ARK Autonomous Technology & Robotics ETF
0.00%0.00%0.00%0.80%0.86%0.00%2.86%1.54%0.00%0.97%

Drawdowns

IDRV vs. ARKQ - Drawdown Comparison

The maximum IDRV drawdown since its inception was -50.37%, smaller than the maximum ARKQ drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for IDRV and ARKQ. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%JuneJulyAugustSeptemberOctoberNovember
-45.01%
-29.15%
IDRV
ARKQ

Volatility

IDRV vs. ARKQ - Volatility Comparison

The current volatility for iShares Self-driving EV & Tech ETF (IDRV) is 8.44%, while ARK Autonomous Technology & Robotics ETF (ARKQ) has a volatility of 9.70%. This indicates that IDRV experiences smaller price fluctuations and is considered to be less risky than ARKQ 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%JuneJulyAugustSeptemberOctoberNovember
8.44%
9.70%
IDRV
ARKQ