OARK vs. FLJH
Compare and contrast key facts about YieldMax Innovation Option Income Strategy ETF (OARK) and Franklin FTSE Japan Hedged ETF (FLJH).
OARK and FLJH 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. FLJH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Hedged to USD Net Tax Index. It was launched on Nov 2, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OARK or FLJH.
Performance
OARK vs. FLJH - Performance Comparison
Returns By Period
In the year-to-date period, OARK achieves a 5.00% return, which is significantly lower than FLJH's 22.21% return.
OARK
5.00%
6.67%
12.64%
22.23%
N/A
N/A
FLJH
22.21%
1.20%
2.04%
22.65%
16.04%
N/A
Key characteristics
| OARK | FLJH | |
|---|---|---|
| Sharpe Ratio | 0.79 | 1.15 |
| Sortino Ratio | 1.19 | 1.53 |
| Omega Ratio | 1.15 | 1.22 |
| Calmar Ratio | 0.97 | 1.09 |
| Martin Ratio | 2.44 | 3.92 |
| Ulcer Index | 8.65% | 5.70% |
| Daily Std Dev | 26.85% | 19.40% |
| Max Drawdown | -27.24% | -31.36% |
| Current Drawdown | -3.95% | -6.18% |
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OARK vs. FLJH - Expense Ratio Comparison
OARK has a 0.99% expense ratio, which is higher than FLJH's 0.09% expense ratio.
Correlation
The correlation between OARK and FLJH is 0.33, 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.
Risk-Adjusted Performance
OARK vs. FLJH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Innovation Option Income Strategy ETF (OARK) and Franklin FTSE Japan Hedged ETF (FLJH). 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. FLJH - Dividend Comparison
OARK's dividend yield for the trailing twelve months is around 40.24%, more than FLJH's 22.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
OARK YieldMax Innovation Option Income Strategy ETF | 40.24% | 45.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLJH Franklin FTSE Japan Hedged ETF | 22.84% | 25.59% | 26.67% | 1.29% | 0.00% | 0.00% | 5.92% | 0.05% |
Drawdowns
OARK vs. FLJH - Drawdown Comparison
The maximum OARK drawdown since its inception was -27.24%, smaller than the maximum FLJH drawdown of -31.36%. Use the drawdown chart below to compare losses from any high point for OARK and FLJH. For additional features, visit the drawdowns tool.
Volatility
OARK vs. FLJH - Volatility Comparison
YieldMax Innovation Option Income Strategy ETF (OARK) has a higher volatility of 11.07% compared to Franklin FTSE Japan Hedged ETF (FLJH) at 4.70%. This indicates that OARK's price experiences larger fluctuations and is considered to be riskier than FLJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.