MVPS vs. ARKK
Compare and contrast key facts about Amplify Thematic All-Stars ETF (MVPS) and ARK Innovation ETF (ARKK).
MVPS and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MVPS is a passively managed fund by Amplify Investments that tracks the performance of the ETF All-Stars Thematic Composite Index - Benchmark TR Gross. It was launched on Jul 21, 2021. 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: MVPS or ARKK.
Key characteristics
| MVPS | ARKK | |
|---|---|---|
| YTD Return | 16.86% | 8.48% |
| 1Y Return | 40.57% | 42.35% |
| 3Y Return (Ann) | -6.06% | -21.38% |
| Sharpe Ratio | 1.82 | 1.20 |
| Sortino Ratio | 2.40 | 1.76 |
| Omega Ratio | 1.31 | 1.21 |
| Calmar Ratio | 1.00 | 0.58 |
| Martin Ratio | 8.78 | 2.99 |
| Ulcer Index | 4.69% | 14.36% |
| Daily Std Dev | 22.63% | 35.92% |
| Max Drawdown | -51.36% | -80.91% |
| Current Drawdown | -17.61% | -63.11% |
Correlation
The correlation between MVPS and ARKK is 0.90, 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
MVPS vs. ARKK - Performance Comparison
In the year-to-date period, MVPS achieves a 16.86% return, which is significantly higher than ARKK's 8.48% 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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MVPS vs. ARKK - Expense Ratio Comparison
MVPS has a 0.49% expense ratio, which is lower than ARKK's 0.75% expense ratio.
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.
Dividends
MVPS vs. ARKK - Dividend Comparison
Neither MVPS nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
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.
Volatility
MVPS vs. ARKK - Volatility Comparison
The current volatility for Amplify Thematic All-Stars ETF (MVPS) is 6.79%, while ARK Innovation ETF (ARKK) has a volatility of 13.50%. 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.