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 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: PEZ or ARKK.
Key characteristics
| PEZ | ARKK | |
|---|---|---|
| YTD Return | 9.32% | -16.33% |
| 1Y Return | 31.71% | 26.61% |
| 3Y Return (Ann) | 0.64% | -28.31% |
| 5Y Return (Ann) | 10.07% | -1.26% |
| Sharpe Ratio | 1.39 | 0.64 |
| Daily Std Dev | 22.09% | 36.77% |
| Max Drawdown | -58.39% | -80.91% |
| Current Drawdown | -10.84% | -71.55% |
Correlation
The correlation between PEZ and ARKK is 0.65, 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
PEZ vs. ARKK - Performance Comparison
In the year-to-date period, PEZ achieves a 9.32% return, which is significantly higher than ARKK's -16.33% 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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PEZ vs. ARKK - Expense Ratio Comparison
PEZ has a 0.60% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
PEZ vs. ARKK - Risk-Adjusted Performance 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.
Dividends
PEZ vs. ARKK - Dividend Comparison
PEZ's dividend yield for the trailing twelve months is around 0.43%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | 0.43% | 0.60% | 0.41% | 0.22% | 0.39% | 0.01% | 0.40% | 0.42% | 0.83% | 0.64% | 0.15% | 0.46% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 0.00% |
Drawdowns
PEZ vs. ARKK - Drawdown Comparison
The maximum PEZ drawdown since its inception was -58.39%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for PEZ and ARKK. For additional features, visit the drawdowns tool.
Volatility
PEZ vs. ARKK - Volatility Comparison
The current volatility for Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) is 6.47%, while ARK Innovation ETF (ARKK) has a volatility of 9.64%. 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.