PCT.L vs. ARKK
Compare and contrast key facts about Polar Capital Technology Trust (PCT.L) and ARK Innovation ETF (ARKK).
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: PCT.L or ARKK.
Key characteristics
| PCT.L | ARKK | |
|---|---|---|
| YTD Return | 28.52% | 3.25% |
| 1Y Return | 43.13% | 38.32% |
| 3Y Return (Ann) | 7.97% | -23.09% |
| 5Y Return (Ann) | 18.00% | 4.11% |
| 10Y Return (Ann) | 20.20% | 11.50% |
| Sharpe Ratio | 1.97 | 0.96 |
| Sortino Ratio | 2.54 | 1.47 |
| Omega Ratio | 1.34 | 1.18 |
| Calmar Ratio | 2.09 | 0.46 |
| Martin Ratio | 5.87 | 2.37 |
| Ulcer Index | 7.24% | 14.36% |
| Daily Std Dev | 21.50% | 35.39% |
| Max Drawdown | -84.10% | -80.91% |
| Current Drawdown | -3.19% | -64.89% |
Correlation
The correlation between PCT.L 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
PCT.L vs. ARKK - Performance Comparison
In the year-to-date period, PCT.L achieves a 28.52% return, which is significantly higher than ARKK's 3.25% return. Over the past 10 years, PCT.L has outperformed ARKK with an annualized return of 20.20%, while ARKK has yielded a comparatively lower 11.50% annualized 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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Risk-Adjusted Performance
PCT.L vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polar Capital Technology Trust (PCT.L) 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
PCT.L vs. ARKK - Dividend Comparison
Neither PCT.L nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCT.L Polar Capital Technology Trust | 0.00% | 0.00% | 0.00% | 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
PCT.L vs. ARKK - Drawdown Comparison
The maximum PCT.L drawdown since its inception was -84.10%, roughly equal to the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for PCT.L and ARKK. For additional features, visit the drawdowns tool.
Volatility
PCT.L vs. ARKK - Volatility Comparison
The current volatility for Polar Capital Technology Trust (PCT.L) is 6.90%, while ARK Innovation ETF (ARKK) has a volatility of 11.77%. This indicates that PCT.L 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.