PRNT vs. SPY
Compare and contrast key facts about ARK The 3D Printing ETF (PRNT) and SPDR S&P 500 ETF (SPY).
PRNT and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both PRNT and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRNT or SPY.
Performance
PRNT vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, PRNT achieves a -7.19% return, which is significantly lower than SPY's 26.08% return.
PRNT
-7.19%
5.89%
4.94%
4.91%
0.29%
N/A
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| PRNT | SPY | |
|---|---|---|
| Sharpe Ratio | 0.24 | 2.70 |
| Sortino Ratio | 0.49 | 3.60 |
| Omega Ratio | 1.06 | 1.50 |
| Calmar Ratio | 0.08 | 3.90 |
| Martin Ratio | 0.43 | 17.52 |
| Ulcer Index | 11.91% | 1.87% |
| Daily Std Dev | 21.67% | 12.14% |
| Max Drawdown | -65.08% | -55.19% |
| Current Drawdown | -56.84% | -0.85% |
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PRNT vs. SPY - Expense Ratio Comparison
PRNT has a 0.66% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between PRNT and SPY is 0.72, 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.
Risk-Adjusted Performance
PRNT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK The 3D Printing ETF (PRNT) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
PRNT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PRNT vs. SPY - Drawdown Comparison
The maximum PRNT drawdown since its inception was -65.08%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PRNT and SPY. For additional features, visit the drawdowns tool.
Volatility
PRNT vs. SPY - Volatility Comparison
ARK The 3D Printing ETF (PRNT) has a higher volatility of 7.26% compared to SPDR S&P 500 ETF (SPY) at 3.98%. This indicates that PRNT's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.