NVQ vs. ARKK
Compare and contrast key facts about QRAFT AI-Enhanced US Next Value ETF (NVQ) and ARK Innovation ETF (ARKK).
NVQ and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVQ is an actively managed fund by Exchange Traded Concepts. It was launched on Dec 2, 2020. 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: NVQ or ARKK.
Correlation
The correlation between NVQ and ARKK 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.
Performance
NVQ vs. ARKK - Performance Comparison
Key characteristics
Returns By Period
NVQ
N/A
N/A
N/A
N/A
N/A
N/A
ARKK
17.10%
11.52%
49.26%
32.09%
2.78%
13.09%
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NVQ vs. ARKK - Expense Ratio Comparison
Both NVQ and ARKK have an expense ratio of 0.75%.
Risk-Adjusted Performance
NVQ vs. ARKK — Risk-Adjusted Performance Rank
NVQ
ARKK
NVQ vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for QRAFT AI-Enhanced US Next Value ETF (NVQ) 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
NVQ vs. ARKK - Dividend Comparison
Neither NVQ nor ARKK has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NVQ QRAFT AI-Enhanced US Next Value ETF | 0.00% | 100.00% | 1.58% | 1.21% | 1.60% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Drawdowns
NVQ vs. ARKK - Drawdown Comparison
Volatility
NVQ vs. ARKK - Volatility Comparison
The current volatility for QRAFT AI-Enhanced US Next Value ETF (NVQ) is 0.00%, while ARK Innovation ETF (ARKK) has a volatility of 8.58%. This indicates that NVQ 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.