MLPO vs. ARKG
Compare and contrast key facts about Credit Suisse S&P MLP Index ETN (MLPO) and ARK Genomic Revolution Multi-Sector ETF (ARKG).
MLPO and ARKG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPO is a passively managed fund by Credit Suisse Group AG that tracks the performance of the S&P MLP. It was launched on Dec 3, 2014. 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: MLPO or ARKG.
Key characteristics
| MLPO | ARKG |
|---|
Correlation
The correlation between MLPO and ARKG is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MLPO vs. ARKG - Performance Comparison
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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MLPO vs. ARKG - Expense Ratio Comparison
MLPO has a 0.95% expense ratio, which is higher than ARKG's 0.75% expense ratio.
Risk-Adjusted Performance
MLPO vs. ARKG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credit Suisse S&P MLP Index ETN (MLPO) 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
MLPO vs. ARKG - Dividend Comparison
Neither MLPO nor ARKG has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLPO Credit Suisse S&P MLP Index ETN | 3.18% | 6.21% | 5.94% | 7.42% | 12.37% | 7.68% | 8.10% | 6.79% | 6.62% | 4.83% |
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 1.94% | 1.34% | 0.00% | 0.00% |
Drawdowns
MLPO vs. ARKG - Drawdown Comparison
Volatility
MLPO vs. ARKG - Volatility Comparison
The current volatility for Credit Suisse S&P MLP Index ETN (MLPO) is 0.00%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 10.82%. This indicates that MLPO 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.