PRNT vs. ARKK
Compare and contrast key facts about ARK The 3D Printing ETF (PRNT) and ARK Innovation ETF (ARKK).
PRNT and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRNT is a passively managed fund by ARK Investment Management that tracks the performance of the Total 3D-Printing Index. It was launched on Jul 19, 2016. 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: PRNT or ARKK.
Key characteristics
| PRNT | ARKK | |
|---|---|---|
| YTD Return | -10.76% | -17.01% |
| 1Y Return | -6.52% | 22.61% |
| 3Y Return (Ann) | -18.52% | -28.54% |
| 5Y Return (Ann) | -1.69% | -0.85% |
| Sharpe Ratio | -0.27 | 0.60 |
| Daily Std Dev | 22.47% | 36.77% |
| Max Drawdown | -65.08% | -80.91% |
| Current Drawdown | -58.50% | -71.78% |
Correlation
The correlation between PRNT and ARKK is 0.74, 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
PRNT vs. ARKK - Performance Comparison
In the year-to-date period, PRNT achieves a -10.76% return, which is significantly higher than ARKK's -17.01% 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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PRNT vs. ARKK - Expense Ratio Comparison
PRNT has a 0.66% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
PRNT vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK The 3D Printing ETF (PRNT) 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
PRNT vs. ARKK - Dividend Comparison
Neither PRNT nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRNT ARK The 3D Printing ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.80% | 2.16% | 0.01% | 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
PRNT vs. ARKK - Drawdown Comparison
The maximum PRNT drawdown since its inception was -65.08%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for PRNT and ARKK. For additional features, visit the drawdowns tool.
Volatility
PRNT vs. ARKK - Volatility Comparison
The current volatility for ARK The 3D Printing ETF (PRNT) is 5.95%, while ARK Innovation ETF (ARKK) has a volatility of 9.89%. This indicates that PRNT 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.