Correlation
The correlation between ARKK and KRO is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ARKK vs. KRO
Compare and contrast key facts about ARK Innovation ETF (ARKK) and Kronos Worldwide, Inc. (KRO).
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: ARKK or KRO.
Performance
ARKK vs. KRO - Performance Comparison
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Key characteristics
ARKK:
0.71
KRO:
-1.25
ARKK:
1.15
KRO:
-1.98
ARKK:
1.14
KRO:
0.75
ARKK:
0.38
KRO:
-0.79
ARKK:
2.00
KRO:
-1.73
ARKK:
14.01%
KRO:
31.28%
ARKK:
44.82%
KRO:
44.20%
ARKK:
-80.91%
KRO:
-87.14%
ARKK:
-63.70%
KRO:
-67.71%
Returns By Period
In the year-to-date period, ARKK achieves a -0.70% return, which is significantly higher than KRO's -34.63% return. Over the past 10 years, ARKK has outperformed KRO with an annualized return of 11.10%, while KRO has yielded a comparatively lower -1.19% annualized return.
ARKK
-0.70%
11.03%
-2.78%
32.79%
8.53%
-1.73%
11.10%
KRO
-34.63%
-14.80%
-43.65%
-54.10%
-26.51%
-2.95%
-1.19%
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Risk-Adjusted Performance
ARKK vs. KRO — Risk-Adjusted Performance Rank
ARKK
KRO
ARKK vs. KRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and Kronos Worldwide, Inc. (KRO). 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.
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Dividends
ARKK vs. KRO - Dividend Comparison
ARKK has not paid dividends to shareholders, while KRO's dividend yield for the trailing twelve months is around 5.37%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% |
KRO Kronos Worldwide, Inc. | 5.37% | 4.92% | 7.65% | 8.09% | 4.80% | 4.83% | 5.37% | 5.90% | 2.33% | 5.03% | 10.64% | 4.61% |
Drawdowns
ARKK vs. KRO - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.91%, smaller than the maximum KRO drawdown of -87.14%. Use the drawdown chart below to compare losses from any high point for ARKK and KRO.
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Volatility
ARKK vs. KRO - Volatility Comparison
ARK Innovation ETF (ARKK) has a higher volatility of 12.13% compared to Kronos Worldwide, Inc. (KRO) at 11.55%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than KRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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