OARK vs. ARKF
Compare and contrast key facts about YieldMax Innovation Option Income Strategy ETF (OARK) and ARK Fintech Innovation ETF (ARKF).
OARK and ARKF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OARK is an actively managed fund by YieldMax. It was launched on Nov 22, 2022. ARKF is an actively managed fund by ARK Investment Management. It was launched on Feb 4, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OARK or ARKF.
Correlation
The correlation between OARK and ARKF is 0.87, 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
OARK vs. ARKF - Performance Comparison
Key characteristics
OARK:
0.56
ARKF:
1.46
OARK:
0.90
ARKF:
2.01
OARK:
1.12
ARKF:
1.25
OARK:
0.70
ARKF:
0.71
OARK:
1.76
ARKF:
5.86
OARK:
8.68%
ARKF:
7.43%
OARK:
27.07%
ARKF:
29.74%
OARK:
-27.24%
ARKF:
-78.63%
OARK:
-4.15%
ARKF:
-39.42%
Returns By Period
In the year-to-date period, OARK achieves a 11.21% return, which is significantly lower than ARKF's 39.70% return.
OARK
11.21%
5.92%
24.59%
13.24%
N/A
N/A
ARKF
39.70%
1.05%
39.70%
40.77%
10.11%
N/A
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OARK vs. ARKF - Expense Ratio Comparison
OARK has a 0.99% expense ratio, which is higher than ARKF's 0.75% expense ratio.
Risk-Adjusted Performance
OARK vs. ARKF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Innovation Option Income Strategy ETF (OARK) and ARK Fintech Innovation ETF (ARKF). 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
OARK vs. ARKF - Dividend Comparison
OARK's dividend yield for the trailing twelve months is around 41.78%, while ARKF has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
OARK YieldMax Innovation Option Income Strategy ETF | 41.78% | 45.04% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKF ARK Fintech Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% |
Drawdowns
OARK vs. ARKF - Drawdown Comparison
The maximum OARK drawdown since its inception was -27.24%, smaller than the maximum ARKF drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for OARK and ARKF. For additional features, visit the drawdowns tool.
Volatility
OARK vs. ARKF - Volatility Comparison
The current volatility for YieldMax Innovation Option Income Strategy ETF (OARK) is 8.03%, while ARK Fintech Innovation ETF (ARKF) has a volatility of 9.87%. This indicates that OARK experiences smaller price fluctuations and is considered to be less risky than ARKF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.