SCHA vs. ARKK
Compare and contrast key facts about Schwab U.S. Small-Cap ETF (SCHA) and ARK Innovation ETF (ARKK).
SCHA and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHA is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Small-Cap Total Stock Market Total Return Index. It was launched on Nov 3, 2009. 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: SCHA or ARKK.
Correlation
The correlation between SCHA and ARKK is 0.67, 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.
Performance
SCHA vs. ARKK - Performance Comparison
Key characteristics
SCHA:
-0.02
ARKK:
0.28
SCHA:
0.14
ARKK:
0.71
SCHA:
1.02
ARKK:
1.09
SCHA:
-0.01
ARKK:
0.17
SCHA:
-0.05
ARKK:
0.95
SCHA:
8.58%
ARKK:
13.16%
SCHA:
23.56%
ARKK:
43.93%
SCHA:
-42.41%
ARKK:
-80.91%
SCHA:
-18.28%
ARKK:
-67.04%
Returns By Period
The year-to-date returns for both investments are quite close, with SCHA having a -11.05% return and ARKK slightly higher at -10.57%. Over the past 10 years, SCHA has underperformed ARKK with an annualized return of 6.99%, while ARKK has yielded a comparatively higher 10.41% annualized return.
SCHA
-11.05%
-2.26%
-9.21%
1.26%
12.03%
6.99%
ARKK
-10.57%
6.21%
10.63%
15.86%
0.02%
10.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCHA vs. ARKK - Expense Ratio Comparison
SCHA has a 0.04% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
SCHA vs. ARKK — Risk-Adjusted Performance Rank
SCHA
ARKK
SCHA vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Small-Cap ETF (SCHA) 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
SCHA vs. ARKK - Dividend Comparison
SCHA's dividend yield for the trailing twelve months is around 1.71%, while ARKK has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHA Schwab U.S. Small-Cap ETF | 1.71% | 1.51% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.62% | 1.24% | 1.50% | 1.48% | 1.45% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% |
Drawdowns
SCHA vs. ARKK - Drawdown Comparison
The maximum SCHA drawdown since its inception was -42.41%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for SCHA and ARKK. For additional features, visit the drawdowns tool.
Volatility
SCHA vs. ARKK - Volatility Comparison
The current volatility for Schwab U.S. Small-Cap ETF (SCHA) is 14.72%, while ARK Innovation ETF (ARKK) has a volatility of 22.89%. This indicates that SCHA 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.