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.
Key characteristics
NVQ | ARKK |
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Correlation
The correlation between NVQ and ARKK is 0.01, 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
NVQ vs. ARKK - 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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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 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
QRAFT AI-Enhanced US Next Value ETF | 101.14% | 17,430.00% | 1,655.65% | 1,564.48% | 10.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARK Innovation ETF | 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 10.06%. 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.