PRZO vs. ARKX
PRZO (ParaZero Technologies Ltd. Ordinary Shares) is a stock, while ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK. Over the past year, PRZO returned -49.14% vs 52.99% for ARKX. At a 0.26 correlation, their price movements are largely independent.
Performance
PRZO vs. ARKX - Performance Comparison
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Returns By Period
In the year-to-date period, PRZO achieves a -26.98% return, which is significantly lower than ARKX's 16.56% return.
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKX
- 1D
- -1.94%
- 1M
- -2.96%
- YTD
- 16.56%
- 6M
- 17.78%
- 1Y
- 52.99%
- 3Y*
- 31.55%
- 5Y*
- 10.38%
- 10Y*
- —
PRZO vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.59% | -82.62% |
ARKX ARK Space Exploration & Innovation ETF | 16.56% | 48.46% | 26.67% | 1.52% |
Correlation
The correlation between PRZO and ARKX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023 | 0.26 |
Over the past year, PRZO and ARKX have become more correlated (0.46) than their long-term average of 0.26, meaning their price movements have been converging.
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Return for Risk
PRZO vs. ARKX — Risk / Return Rank
PRZO
ARKX
PRZO vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ParaZero Technologies Ltd. Ordinary Shares (PRZO) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRZO | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.26 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 2.61 | -3.25 |
| Martin ratioReturn relative to average drawdown | -1.16 | 6.87 | -8.03 |
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Drawdowns
PRZO vs. ARKX - Drawdown Comparison
The maximum PRZO drawdown since its inception was -88.53%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for PRZO and ARKX.
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Drawdown Indicators
| PRZO | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.53% | -43.61% | -44.92% |
Max Drawdown (1Y)Largest decline over 1 year | -76.78% | -20.42% | -56.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -85.45% | -10.49% | -74.96% |
Average DrawdownAverage peak-to-trough decline | -74.24% | -19.92% | -54.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.41% | 7.74% | +34.67% |
Volatility
PRZO vs. ARKX - Volatility Comparison
ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a higher volatility of 50.24% compared to ARK Space Exploration & Innovation ETF (ARKX) at 12.77%. This indicates that PRZO'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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Volatility by Period
| PRZO | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 50.24% | 12.77% | +37.47% |
Volatility (6M)Calculated over the trailing 6-month period | 91.31% | 26.51% | +64.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.45% | 33.50% | +83.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 174.37% | 28.02% | +146.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 174.37% | 27.65% | +146.72% |
Dividends
PRZO vs. ARKX - Dividend Comparison
Neither PRZO nor ARKX has paid dividends to shareholders.
Frequently Asked Questions
PRZO and ARKX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to ARKX (12.77%). In terms of maximum drawdown, PRZO dropped -88.53% vs ARKX's -43.61%.
ARKX currently has the higher Sharpe Ratio (1.59 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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