IQM vs. ARKQ
Compare and contrast key facts about Franklin Intelligent Machines ETF (IQM) and ARK Autonomous Technology & Robotics ETF (ARKQ).
IQM and ARKQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQM is an actively managed fund by Franklin Templeton. It was launched on Feb 25, 2020. ARKQ is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQM or ARKQ.
Key characteristics
| IQM | ARKQ | |
|---|---|---|
| YTD Return | 30.63% | 17.85% |
| 1Y Return | 41.48% | 28.79% |
| 3Y Return (Ann) | 5.85% | -7.77% |
| Sharpe Ratio | 1.71 | 1.22 |
| Sortino Ratio | 2.26 | 1.75 |
| Omega Ratio | 1.30 | 1.21 |
| Calmar Ratio | 2.25 | 0.62 |
| Martin Ratio | 7.32 | 4.24 |
| Ulcer Index | 5.72% | 7.26% |
| Daily Std Dev | 24.50% | 25.22% |
| Max Drawdown | -44.91% | -59.89% |
| Current Drawdown | -1.78% | -30.91% |
Correlation
The correlation between IQM and ARKQ is 0.85, 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
IQM vs. ARKQ - Performance Comparison
In the year-to-date period, IQM achieves a 30.63% return, which is significantly higher than ARKQ's 17.85% 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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IQM vs. ARKQ - Expense Ratio Comparison
IQM has a 0.50% expense ratio, which is lower than ARKQ's 0.75% expense ratio.
Risk-Adjusted Performance
IQM vs. ARKQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Intelligent Machines ETF (IQM) 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.
Dividends
IQM vs. ARKQ - Dividend Comparison
Neither IQM nor ARKQ has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQM Franklin Intelligent Machines ETF | 0.00% | 0.00% | 0.00% | 0.17% | 0.01% | 0.00% | 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
IQM vs. ARKQ - Drawdown Comparison
The maximum IQM drawdown since its inception was -44.91%, smaller than the maximum ARKQ drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for IQM and ARKQ. For additional features, visit the drawdowns tool.
Volatility
IQM vs. ARKQ - Volatility Comparison
The current volatility for Franklin Intelligent Machines ETF (IQM) is 5.89%, while ARK Autonomous Technology & Robotics ETF (ARKQ) has a volatility of 9.53%. This indicates that IQM 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.