PTF vs. ARKK
Compare and contrast key facts about Invesco DWA Technology Momentum ETF (PTF) and ARK Innovation ETF (ARKK).
PTF and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTF is a passively managed fund by Invesco that tracks the performance of the DWA Technology Technical Leaders Index. It was launched on Oct 12, 2006. 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: PTF or ARKK.
Correlation
The correlation between PTF and ARKK is 0.75, 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
PTF vs. ARKK - Performance Comparison
Key characteristics
PTF:
1.31
ARKK:
0.26
PTF:
1.88
ARKK:
0.61
PTF:
1.23
ARKK:
1.07
PTF:
1.83
ARKK:
0.13
PTF:
7.84
ARKK:
0.65
PTF:
5.40%
ARKK:
14.40%
PTF:
32.41%
ARKK:
35.96%
PTF:
-55.38%
ARKK:
-80.91%
PTF:
-8.87%
ARKK:
-62.23%
Returns By Period
In the year-to-date period, PTF achieves a 45.18% return, which is significantly higher than ARKK's 11.08% return. Over the past 10 years, PTF has outperformed ARKK with an annualized return of 19.10%, while ARKK has yielded a comparatively lower 12.30% annualized return.
PTF
45.18%
1.28%
19.78%
46.40%
23.26%
19.10%
ARKK
11.08%
4.02%
34.12%
14.04%
3.43%
12.30%
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PTF vs. ARKK - Expense Ratio Comparison
PTF has a 0.60% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
PTF vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Technology Momentum ETF (PTF) 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
PTF vs. ARKK - Dividend Comparison
Neither PTF nor ARKK has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTF Invesco DWA Technology Momentum ETF | 0.00% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.04% | 0.26% | 0.00% | 0.68% | 0.17% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 0.00% |
Drawdowns
PTF vs. ARKK - Drawdown Comparison
The maximum PTF drawdown since its inception was -55.38%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for PTF and ARKK. For additional features, visit the drawdowns tool.
Volatility
PTF vs. ARKK - Volatility Comparison
The current volatility for Invesco DWA Technology Momentum ETF (PTF) is 8.95%, while ARK Innovation ETF (ARKK) has a volatility of 11.49%. This indicates that PTF 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.