ROBO vs. ARKQ
Compare and contrast key facts about ROBO Global Robotics & Automation Index ETF (ROBO) and ARK Autonomous Technology & Robotics ETF (ARKQ).
ROBO and ARKQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROBO is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Robotics and Automation TR Index. It was launched on Oct 22, 2013. ARKQ is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROBO or ARKQ.
Performance
ROBO vs. ARKQ - Performance Comparison
Returns By Period
In the year-to-date period, ROBO achieves a -3.14% return, which is significantly lower than ARKQ's 17.04% return. Over the past 10 years, ROBO has underperformed ARKQ with an annualized return of 7.98%, while ARKQ has yielded a comparatively higher 13.73% annualized return.
ROBO
-3.14%
-1.19%
-2.73%
10.09%
6.40%
7.98%
ARKQ
17.04%
7.79%
20.18%
29.24%
14.79%
13.73%
Key characteristics
| ROBO | ARKQ | |
|---|---|---|
| Sharpe Ratio | 0.50 | 1.11 |
| Sortino Ratio | 0.80 | 1.61 |
| Omega Ratio | 1.10 | 1.19 |
| Calmar Ratio | 0.31 | 0.57 |
| Martin Ratio | 1.67 | 3.84 |
| Ulcer Index | 5.62% | 7.27% |
| Daily Std Dev | 18.61% | 25.19% |
| Max Drawdown | -43.65% | -59.89% |
| Current Drawdown | -22.89% | -31.39% |
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ROBO vs. ARKQ - Expense Ratio Comparison
ROBO has a 0.95% expense ratio, which is higher than ARKQ's 0.75% expense ratio.
Correlation
The correlation between ROBO and ARKQ is 0.81, 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
ROBO vs. ARKQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Robotics & Automation Index ETF (ROBO) and ARK Autonomous Technology & Robotics ETF (ARKQ). 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
ROBO vs. ARKQ - Dividend Comparison
ROBO's dividend yield for the trailing twelve months is around 0.05%, while ARKQ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ROBO ROBO Global Robotics & Automation Index ETF | 0.05% | 0.05% | 0.00% | 0.18% | 0.20% | 0.37% | 0.37% | 0.02% | 0.19% | 0.28% | 0.28% |
ARKQ ARK Autonomous Technology & Robotics ETF | 0.00% | 0.00% | 0.00% | 0.80% | 0.86% | 0.00% | 2.86% | 1.54% | 0.00% | 0.97% | 0.00% |
Drawdowns
ROBO vs. ARKQ - Drawdown Comparison
The maximum ROBO drawdown since its inception was -43.65%, smaller than the maximum ARKQ drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for ROBO and ARKQ. For additional features, visit the drawdowns tool.
Volatility
ROBO vs. ARKQ - Volatility Comparison
The current volatility for ROBO Global Robotics & Automation Index ETF (ROBO) is 5.28%, while ARK Autonomous Technology & Robotics ETF (ARKQ) has a volatility of 9.59%. This indicates that ROBO experiences smaller price fluctuations and is considered to be less risky than ARKQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.