PEZ vs. ARKK
Compare and contrast key facts about Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) and ARK Innovation ETF (ARKK).
PEZ and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PEZ is a passively managed fund by Invesco that tracks the performance of the DWA Consumer Cyclicals Technical Leaders Index. It was launched on Oct 12, 2006. ARKK is an actively managed fund by ARK. It was launched on Oct 31, 2014.
Performance
PEZ vs. ARKK - Performance Comparison
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PEZ vs. ARKK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | -7.13% | 5.40% | 20.06% | 29.55% | -29.59% | 20.35% | 38.97% | 18.05% | -6.85% | 19.87% |
ARKK ARK Innovation ETF | -12.13% | 35.49% | 8.40% | 69.04% | -66.97% | -23.60% | 152.71% | 35.08% | 3.52% | 87.33% |
Returns By Period
In the year-to-date period, PEZ achieves a -7.13% return, which is significantly higher than ARKK's -12.13% return. Over the past 10 years, PEZ has underperformed ARKK with an annualized return of 8.65%, while ARKK has yielded a comparatively higher 14.34% annualized return.
PEZ
- 1D
- 4.37%
- 1M
- -8.27%
- YTD
- -7.13%
- 6M
- -4.10%
- 1Y
- 12.39%
- 3Y*
- 12.23%
- 5Y*
- 2.05%
- 10Y*
- 8.65%
ARKK
- 1D
- 6.41%
- 1M
- -7.30%
- YTD
- -12.13%
- 6M
- -21.68%
- 1Y
- 42.06%
- 3Y*
- 19.10%
- 5Y*
- -10.73%
- 10Y*
- 14.34%
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PEZ vs. ARKK - Expense Ratio Comparison
PEZ has a 0.60% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Return for Risk
PEZ vs. ARKK — Risk / Return Rank
PEZ
ARKK
PEZ vs. ARKK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) 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.
| PEZ | ARKK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.52 | 0.99 | -0.47 |
Sortino ratioReturn per unit of downside risk | 0.91 | 1.63 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.19 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.81 | 1.24 | -0.43 |
Martin ratioReturn relative to average drawdown | 2.68 | 3.22 | -0.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PEZ | ARKK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.52 | 0.99 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | -0.23 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.36 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.32 | 0.00 |
Correlation
The correlation between PEZ and ARKK is 0.66, 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.
Dividends
PEZ vs. ARKK - Dividend Comparison
PEZ's dividend yield for the trailing twelve months is around 0.22%, while ARKK has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | 0.22% | 0.11% | 0.12% | 0.60% | 0.43% | 0.23% | 0.39% | 0.01% | 0.40% | 0.42% | 0.83% | 0.64% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.70% | 0.00% | 0.55% | 1.64% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
PEZ vs. ARKK - Drawdown Comparison
The maximum PEZ drawdown since its inception was -58.39%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for PEZ and ARKK.
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Drawdown Indicators
| PEZ | ARKK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.39% | -80.97% | +22.58% |
Max Drawdown (1Y)Largest decline over 1 year | -15.83% | -31.35% | +15.52% |
Max Drawdown (5Y)Largest decline over 5 years | -41.72% | -77.23% | +35.51% |
Max Drawdown (10Y)Largest decline over 10 years | -52.05% | -80.97% | +28.92% |
Current DrawdownCurrent decline from peak | -13.94% | -56.23% | +42.29% |
Average DrawdownAverage peak-to-trough decline | -13.88% | -29.80% | +15.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.78% | 12.05% | -7.27% |
Volatility
PEZ vs. ARKK - Volatility Comparison
The current volatility for Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) is 8.66%, while ARK Innovation ETF (ARKK) has a volatility of 12.71%. This indicates that PEZ 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.
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Volatility by Period
| PEZ | ARKK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.66% | 12.71% | -4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 16.56% | 27.59% | -11.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 42.61% | -18.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.97% | 46.38% | -21.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.00% | 40.12% | -15.12% |