MAEGX vs. ARKK
Compare and contrast key facts about BlackRock Unconstrained Equity Fund (MAEGX) and ARK Innovation ETF (ARKK).
MAEGX is managed by Blackrock. It was launched on Nov 3, 2005. 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: MAEGX or ARKK.
Performance
MAEGX vs. ARKK - Performance Comparison
Returns By Period
In the year-to-date period, MAEGX achieves a 9.01% return, which is significantly higher than ARKK's 7.33% return. Over the past 10 years, MAEGX has underperformed ARKK with an annualized return of -0.26%, while ARKK has yielded a comparatively higher 11.81% annualized return.
MAEGX
9.01%
1.58%
-0.77%
14.56%
-0.68%
-0.26%
ARKK
7.33%
22.84%
26.66%
26.83%
3.78%
11.81%
Key characteristics
| MAEGX | ARKK | |
|---|---|---|
| Sharpe Ratio | 0.95 | 0.75 |
| Sortino Ratio | 1.42 | 1.24 |
| Omega Ratio | 1.18 | 1.15 |
| Calmar Ratio | 0.50 | 0.36 |
| Martin Ratio | 4.16 | 1.86 |
| Ulcer Index | 3.50% | 14.39% |
| Daily Std Dev | 15.28% | 35.62% |
| Max Drawdown | -51.97% | -80.91% |
| Current Drawdown | -18.04% | -63.50% |
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MAEGX vs. ARKK - Expense Ratio Comparison
MAEGX has a 0.95% expense ratio, which is higher than ARKK's 0.75% expense ratio.
Correlation
The correlation between MAEGX and ARKK is 0.63, 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.
Risk-Adjusted Performance
MAEGX vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Unconstrained Equity Fund (MAEGX) 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
MAEGX vs. ARKK - Dividend Comparison
Neither MAEGX nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAEGX BlackRock Unconstrained Equity Fund | 0.00% | 0.00% | 0.00% | 0.57% | 0.26% | 0.84% | 0.89% | 0.61% | 0.93% | 1.08% | 1.46% | 1.27% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 0.00% |
Drawdowns
MAEGX vs. ARKK - Drawdown Comparison
The maximum MAEGX drawdown since its inception was -51.97%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for MAEGX and ARKK. For additional features, visit the drawdowns tool.
Volatility
MAEGX vs. ARKK - Volatility Comparison
The current volatility for BlackRock Unconstrained Equity Fund (MAEGX) is 3.83%, while ARK Innovation ETF (ARKK) has a volatility of 13.83%. This indicates that MAEGX 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.