SMT.L vs. ARKK
Compare and contrast key facts about Scottish Mortgage Investment Trust plc (SMT.L) and ARK Innovation ETF (ARKK).
SMT.L and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMT.L is an actively managed fund by Baillie Gifford Funds. It was launched on Mar 31, 2023. ARKK is an actively managed fund by ARK. It was launched on Oct 31, 2014.
Performance
SMT.L vs. ARKK - Performance Comparison
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SMT.L vs. ARKK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMT.L Scottish Mortgage Investment Trust plc | 6.11% | 24.72% | 18.75% | 12.46% | -45.71% | 10.46% | 110.49% | 24.76% | 4.64% | 41.09% |
ARKK ARK Innovation ETF | -9.61% | 25.84% | 10.30% | 60.59% | -63.05% | -22.88% | 145.29% | 29.94% | 9.66% | 71.13% |
Different Trading Currencies
SMT.L is traded in GBp, while ARKK is traded in USD. To make them comparable, the ARKK values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SMT.L achieves a 6.11% return, which is significantly higher than ARKK's -9.61% return. Over the past 10 years, SMT.L has outperformed ARKK with an annualized return of 17.57%, while ARKK has yielded a comparatively lower 15.29% annualized return.
SMT.L
- 1D
- 5.67%
- 1M
- 4.09%
- YTD
- 6.11%
- 6M
- 10.71%
- 1Y
- 32.93%
- 3Y*
- 23.47%
- 5Y*
- 2.03%
- 10Y*
- 17.57%
ARKK
- 1D
- 0.97%
- 1M
- -6.80%
- YTD
- -9.61%
- 6M
- -19.98%
- 1Y
- 39.51%
- 3Y*
- 16.74%
- 5Y*
- -9.75%
- 10Y*
- 15.29%
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SMT.L vs. ARKK - Expense Ratio Comparison
SMT.L has a 0.31% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Return for Risk
SMT.L vs. ARKK — Risk / Return Rank
SMT.L
ARKK
SMT.L vs. ARKK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Scottish Mortgage Investment Trust plc (SMT.L) 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.
| SMT.L | ARKK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 0.94 | +0.52 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.56 | +0.55 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.19 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.78 | 1.33 | +1.45 |
Martin ratioReturn relative to average drawdown | 9.07 | 3.29 | +5.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMT.L | ARKK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 0.94 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | -0.22 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.39 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.38 | +0.16 |
Correlation
The correlation between SMT.L and ARKK is 0.48, 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.
Dividends
SMT.L vs. ARKK - Dividend Comparison
SMT.L's dividend yield for the trailing twelve months is around 0.35%, while ARKK has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMT.L Scottish Mortgage Investment Trust plc | 0.35% | 0.37% | 0.44% | 0.51% | 0.51% | 0.26% | 0.27% | 0.54% | 0.66% | 0.67% | 0.93% | 1.05% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.70% | 0.00% | 0.55% | 1.64% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
SMT.L vs. ARKK - Drawdown Comparison
The maximum SMT.L drawdown since its inception was -62.61%, smaller than the maximum ARKK drawdown of -78.06%. Use the drawdown chart below to compare losses from any high point for SMT.L and ARKK.
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Drawdown Indicators
| SMT.L | ARKK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.61% | -80.97% | +18.36% |
Max Drawdown (1Y)Largest decline over 1 year | -13.50% | -31.35% | +17.85% |
Max Drawdown (5Y)Largest decline over 5 years | -60.11% | -77.23% | +17.12% |
Max Drawdown (10Y)Largest decline over 10 years | -60.11% | -80.97% | +20.86% |
Current DrawdownCurrent decline from peak | -16.77% | -55.71% | +38.94% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -29.81% | +13.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 12.16% | -8.40% |
Volatility
SMT.L vs. ARKK - Volatility Comparison
The current volatility for Scottish Mortgage Investment Trust plc (SMT.L) is 9.24%, while ARK Innovation ETF (ARKK) has a volatility of 11.47%. This indicates that SMT.L 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.
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Volatility by Period
| SMT.L | ARKK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.24% | 11.47% | -2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 15.99% | 26.61% | -10.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.36% | 42.07% | -19.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.98% | 44.51% | -14.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.68% | 39.13% | -10.45% |