PP vs. ARKK
Compare and contrast key facts about The Meet Kevin Pricing Power ETF (PP) and ARK Innovation ETF (ARKK).
PP and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PP is an actively managed fund by Meet Kevin. It was launched on Nov 16, 2022. 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: PP or ARKK.
Correlation
The correlation between PP 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
PP vs. ARKK - Performance Comparison
Key characteristics
Returns By Period
PP
N/A
N/A
N/A
N/A
N/A
N/A
ARKK
-10.16%
4.72%
6.99%
15.72%
-0.51%
10.50%
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PP vs. ARKK - Expense Ratio Comparison
PP has a 0.76% expense ratio, which is higher than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
PP vs. ARKK — Risk-Adjusted Performance Rank
PP
ARKK
PP vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Meet Kevin Pricing Power ETF (PP) 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
PP vs. ARKK - Dividend Comparison
Neither PP nor ARKK has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PP The Meet Kevin Pricing Power ETF | 99.96% | 0.77% | 0.02% | 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% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
PP vs. ARKK - Drawdown Comparison
Volatility
PP vs. ARKK - Volatility Comparison
The current volatility for The Meet Kevin Pricing Power ETF (PP) is 0.00%, while ARK Innovation ETF (ARKK) has a volatility of 23.46%. This indicates that PP 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.