PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
MVPS vs. ARKK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MVPS and ARKK is 0.89, 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.


-0.50.00.51.00.9

Performance

MVPS vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Thematic All-Stars ETF (MVPS) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
16.49%
36.73%
MVPS
ARKK

Key characteristics

Sharpe Ratio

MVPS:

0.91

ARKK:

0.37

Sortino Ratio

MVPS:

1.32

ARKK:

0.75

Omega Ratio

MVPS:

1.17

ARKK:

1.09

Calmar Ratio

MVPS:

0.59

ARKK:

0.18

Martin Ratio

MVPS:

4.38

ARKK:

0.92

Ulcer Index

MVPS:

4.74%

ARKK:

14.41%

Daily Std Dev

MVPS:

22.83%

ARKK:

35.74%

Max Drawdown

MVPS:

-51.36%

ARKK:

-80.91%

Current Drawdown

MVPS:

-15.15%

ARKK:

-61.54%

Returns By Period

In the year-to-date period, MVPS achieves a 20.35% return, which is significantly higher than ARKK's 13.12% return.


MVPS

YTD

20.35%

1M

2.55%

6M

17.10%

1Y

20.43%

5Y*

N/A

10Y*

N/A

ARKK

YTD

13.12%

1M

5.39%

6M

37.00%

1Y

11.75%

5Y*

3.46%

10Y*

12.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MVPS vs. ARKK - Expense Ratio Comparison

MVPS has a 0.49% expense ratio, which is lower than ARKK's 0.75% expense ratio.


ARKK
ARK Innovation ETF
Expense ratio chart for ARKK: 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 MVPS: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

MVPS vs. ARKK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Thematic All-Stars ETF (MVPS) 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.


Sharpe ratio
The chart of Sharpe ratio for MVPS, currently valued at 0.91, compared to the broader market0.002.004.000.910.37
The chart of Sortino ratio for MVPS, currently valued at 1.32, compared to the broader market-2.000.002.004.006.008.0010.001.320.75
The chart of Omega ratio for MVPS, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.09
The chart of Calmar ratio for MVPS, currently valued at 0.59, compared to the broader market0.005.0010.0015.000.590.19
The chart of Martin ratio for MVPS, currently valued at 4.38, compared to the broader market0.0020.0040.0060.0080.00100.004.380.92
MVPS
ARKK

The current MVPS Sharpe Ratio is 0.91, which is higher than the ARKK Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of MVPS and ARKK, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.91
0.37
MVPS
ARKK

Dividends

MVPS vs. ARKK - Dividend Comparison

Neither MVPS nor ARKK has paid dividends to shareholders.


TTM202320222021202020192018201720162015
MVPS
Amplify Thematic All-Stars ETF
0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ARKK
ARK Innovation ETF
0.00%0.00%0.00%0.83%1.31%0.38%3.14%1.32%0.00%2.27%

Drawdowns

MVPS vs. ARKK - Drawdown Comparison

The maximum MVPS drawdown since its inception was -51.36%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for MVPS and ARKK. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-15.15%
-52.04%
MVPS
ARKK

Volatility

MVPS vs. ARKK - Volatility Comparison

The current volatility for Amplify Thematic All-Stars ETF (MVPS) is 7.49%, while ARK Innovation ETF (ARKK) has a volatility of 11.49%. This indicates that MVPS 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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.49%
11.49%
MVPS
ARKK
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab