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PRNT vs. ARKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRNT and ARKX is 0.76, 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. ARKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK The 3D Printing ETF (PRNT) and ARK Space Exploration & Innovation ETF (ARKX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PRNT:

0.16

ARKX:

1.09

Sortino Ratio

PRNT:

0.37

ARKX:

1.67

Omega Ratio

PRNT:

1.04

ARKX:

1.20

Calmar Ratio

PRNT:

0.05

ARKX:

0.94

Martin Ratio

PRNT:

0.36

ARKX:

4.06

Ulcer Index

PRNT:

8.80%

ARKX:

7.90%

Daily Std Dev

PRNT:

26.05%

ARKX:

30.24%

Max Drawdown

PRNT:

-66.10%

ARKX:

-43.61%

Current Drawdown

PRNT:

-56.67%

ARKX:

-5.68%

Returns By Period

In the year-to-date period, PRNT achieves a 2.06% return, which is significantly lower than ARKX's 3.79% return.


PRNT

YTD

2.06%

1M

19.31%

6M

0.39%

1Y

4.09%

5Y*

3.51%

10Y*

N/A

ARKX

YTD

3.79%

1M

14.53%

6M

12.49%

1Y

32.59%

5Y*

N/A

10Y*

N/A

*Annualized

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PRNT vs. ARKX - Expense Ratio Comparison

PRNT has a 0.66% expense ratio, which is lower than ARKX's 0.75% expense ratio.


Risk-Adjusted Performance

PRNT vs. ARKX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRNT
The Risk-Adjusted Performance Rank of PRNT is 2020
Overall Rank
The Sharpe Ratio Rank of PRNT is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of PRNT is 2121
Sortino Ratio Rank
The Omega Ratio Rank of PRNT is 2020
Omega Ratio Rank
The Calmar Ratio Rank of PRNT is 1717
Calmar Ratio Rank
The Martin Ratio Rank of PRNT is 2020
Martin Ratio Rank

ARKX
The Risk-Adjusted Performance Rank of ARKX is 8181
Overall Rank
The Sharpe Ratio Rank of ARKX is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of ARKX is 7979
Omega Ratio Rank
The Calmar Ratio Rank of ARKX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of ARKX is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PRNT vs. ARKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK The 3D Printing ETF (PRNT) and ARK Space Exploration & Innovation ETF (ARKX). 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.


The current PRNT Sharpe Ratio is 0.16, which is lower than the ARKX Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of PRNT and ARKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

PRNT vs. ARKX - Dividend Comparison

PRNT's dividend yield for the trailing twelve months is around 0.50%, while ARKX has not paid dividends to shareholders.


TTM202420232022202120202019201820172016
PRNT
ARK The 3D Printing ETF
0.50%0.51%0.00%0.00%0.00%0.00%0.07%0.80%2.16%0.00%
ARKX
ARK Space Exploration & Innovation ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PRNT vs. ARKX - Drawdown Comparison

The maximum PRNT drawdown since its inception was -66.10%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for PRNT and ARKX. For additional features, visit the drawdowns tool.


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Volatility

PRNT vs. ARKX - Volatility Comparison

ARK The 3D Printing ETF (PRNT) has a higher volatility of 8.81% compared to ARK Space Exploration & Innovation ETF (ARKX) at 7.71%. This indicates that PRNT's price experiences larger fluctuations and is considered to be riskier than ARKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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