SPNT vs. ARKW
Compare and contrast key facts about SiriusPoint Ltd. (SPNT) and ARK Next Generation Internet ETF (ARKW).
ARKW 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: SPNT or ARKW.
Key characteristics
| SPNT | ARKW | |
|---|---|---|
| YTD Return | 7.67% | -1.33% |
| 1Y Return | 37.86% | 54.54% |
| 3Y Return (Ann) | 7.53% | -15.78% |
| 5Y Return (Ann) | 4.19% | 8.46% |
| Sharpe Ratio | 0.86 | 1.49 |
| Daily Std Dev | 28.25% | 33.06% |
| Max Drawdown | -76.58% | -80.01% |
| Current Drawdown | -29.69% | -58.94% |
Correlation
The correlation between SPNT and ARKW is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPNT vs. ARKW - Performance Comparison
In the year-to-date period, SPNT achieves a 7.67% return, which is significantly higher than ARKW's -1.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SPNT vs. ARKW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SiriusPoint Ltd. (SPNT) and ARK Next Generation Internet ETF (ARKW). 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
SPNT vs. ARKW - Dividend Comparison
Neither SPNT nor ARKW has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPNT SiriusPoint Ltd. | 0.00% | 0.00% | 0.00% | 6.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKW ARK Next Generation Internet ETF | 0.00% | 0.00% | 0.00% | 2.79% | 1.29% | 0.00% | 13.06% | 2.05% | 0.00% | 2.29% |
Drawdowns
SPNT vs. ARKW - Drawdown Comparison
The maximum SPNT drawdown since its inception was -76.58%, roughly equal to the maximum ARKW drawdown of -80.01%. Use the drawdown chart below to compare losses from any high point for SPNT and ARKW. For additional features, visit the drawdowns tool.
Volatility
SPNT vs. ARKW - Volatility Comparison
The current volatility for SiriusPoint Ltd. (SPNT) is 7.37%, while ARK Next Generation Internet ETF (ARKW) has a volatility of 9.23%. This indicates that SPNT experiences smaller price fluctuations and is considered to be less risky than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.