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

Correlation

The correlation between PRNT and ITA is 0.54, 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.


-0.50.00.51.00.5

Performance

PRNT vs. ITA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK The 3D Printing ETF (PRNT) and iShares U.S. Aerospace & Defense ETF (ITA). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
7.92%
10.43%
PRNT
ITA

Key characteristics

Sharpe Ratio

PRNT:

-0.29

ITA:

1.15

Sortino Ratio

PRNT:

-0.27

ITA:

1.61

Omega Ratio

PRNT:

0.97

ITA:

1.22

Calmar Ratio

PRNT:

-0.10

ITA:

2.05

Martin Ratio

PRNT:

-0.51

ITA:

6.66

Ulcer Index

PRNT:

12.11%

ITA:

2.71%

Daily Std Dev

PRNT:

21.30%

ITA:

15.68%

Max Drawdown

PRNT:

-65.08%

ITA:

-59.72%

Current Drawdown

PRNT:

-57.16%

ITA:

-6.59%

Returns By Period

In the year-to-date period, PRNT achieves a -7.88% return, which is significantly lower than ITA's 16.74% return.


PRNT

YTD

-7.88%

1M

-1.72%

6M

7.92%

1Y

-7.72%

5Y*

-0.85%

10Y*

N/A

ITA

YTD

16.74%

1M

-4.90%

6M

10.42%

1Y

17.37%

5Y*

6.55%

10Y*

10.87%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PRNT vs. ITA - Expense Ratio Comparison

PRNT has a 0.66% expense ratio, which is higher than ITA's 0.42% expense ratio.


PRNT
ARK The 3D Printing ETF
Expense ratio chart for PRNT: current value at 0.66% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.66%
Expense ratio chart for ITA: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

PRNT vs. ITA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK The 3D Printing ETF (PRNT) and iShares U.S. Aerospace & Defense ETF (ITA). 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.


Sharpe ratio
The chart of Sharpe ratio for PRNT, currently valued at -0.29, compared to the broader market0.002.004.00-0.291.15
The chart of Sortino ratio for PRNT, currently valued at -0.27, compared to the broader market-2.000.002.004.006.008.0010.00-0.271.61
The chart of Omega ratio for PRNT, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.971.22
The chart of Calmar ratio for PRNT, currently valued at -0.10, compared to the broader market0.005.0010.0015.00-0.102.05
The chart of Martin ratio for PRNT, currently valued at -0.51, compared to the broader market0.0020.0040.0060.0080.00100.00-0.516.66
PRNT
ITA

The current PRNT Sharpe Ratio is -0.29, which is lower than the ITA Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of PRNT and ITA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.29
1.15
PRNT
ITA

Dividends

PRNT vs. ITA - Dividend Comparison

PRNT has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.84%.


TTM20232022202120202019201820172016201520142013
PRNT
ARK The 3D Printing ETF
0.00%0.00%0.00%0.00%0.00%0.07%0.80%2.16%0.00%0.00%0.00%0.00%
ITA
iShares U.S. Aerospace & Defense ETF
0.84%0.93%0.95%0.82%1.07%1.54%1.13%0.91%1.07%1.04%1.21%1.13%

Drawdowns

PRNT vs. ITA - Drawdown Comparison

The maximum PRNT drawdown since its inception was -65.08%, which is greater than ITA's maximum drawdown of -59.72%. Use the drawdown chart below to compare losses from any high point for PRNT and ITA. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-57.16%
-6.59%
PRNT
ITA

Volatility

PRNT vs. ITA - Volatility Comparison

ARK The 3D Printing ETF (PRNT) and iShares U.S. Aerospace & Defense ETF (ITA) have volatilities of 5.70% and 5.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.70%
5.72%
PRNT
ITA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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