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.
Correlation
The correlation between PEZ and ARKK is 0.73, 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
PEZ vs. ARKK - Performance Comparison
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Key characteristics
PEZ:
-0.19
ARKK:
0.37
PEZ:
-0.07
ARKK:
0.71
PEZ:
0.99
ARKK:
1.09
PEZ:
-0.16
ARKK:
0.17
PEZ:
-0.44
ARKK:
0.94
PEZ:
11.59%
ARKK:
13.61%
PEZ:
27.52%
ARKK:
44.13%
PEZ:
-58.39%
ARKK:
-80.91%
PEZ:
-20.32%
ARKK:
-66.66%
Returns By Period
The year-to-date returns for both stocks are quite close, with PEZ having a -9.38% return and ARKK slightly lower at -9.55%. Over the past 10 years, PEZ has underperformed ARKK with an annualized return of 7.30%, while ARKK has yielded a comparatively higher 10.54% annualized return.
PEZ
-9.38%
10.58%
-17.55%
-4.99%
16.40%
7.30%
ARKK
-9.55%
15.32%
-5.03%
19.64%
-2.34%
10.54%
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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 Rank
PEZ
ARKK
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.
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Dividends
PEZ vs. ARKK - Dividend Comparison
Neither PEZ nor ARKK has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEZ Invesco DWA Consumer Cyclicals Momentum ETF | 0.00% | 0.12% | 0.61% | 0.41% | 0.22% | 0.39% | 0.01% | 0.40% | 0.42% | 0.83% | 0.64% | 0.15% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 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.
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Volatility
PEZ vs. ARKK - Volatility Comparison
The current volatility for Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) is 6.87%, while ARK Innovation ETF (ARKK) has a volatility of 12.51%. 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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