SPNT vs. ARKW

Last updated Jun 4, 2026

SPNT (SiriusPoint Ltd.) is a stock, while ARKW (ARK Next Generation Internet ETF) is Mid Cap Growth Equities fund actively managed by ARK. Over the past 10 years, SPNT returned 5.68%/yr vs 22.99%/yr for ARKW. At a 0.29 correlation, their price movements are largely independent.

Performance

SPNT vs. ARKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SiriusPoint Ltd. (SPNT) and ARK Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPNT achieves a -6.67% return, which is significantly lower than ARKW's -0.79% return. Over the past 10 years, SPNT has underperformed ARKW with an annualized return of 5.68%, while ARKW has yielded a comparatively higher 22.99% annualized return.

SPNT

• 1D: -1.54%
• 1M: -10.28%
• YTD: -6.67%
• 6M: -4.22%
• 1Y: 4.82%
• 3Y*: 29.40%
• 5Y*: 14.24%
• 10Y*: 5.68%

ARKW

• 1D: -2.98%
• 1M: 2.53%
• YTD: -0.79%
• 6M: -3.36%
• 1Y: 19.55%
• 3Y*: 40.12%
• 5Y*: 1.89%
• 10Y*: 22.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPNT vs. ARKW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPNT SiriusPoint Ltd.	-6.67%	33.56%	41.29%	96.61%	-27.43%	-14.60%	-9.51%	9.13%	-34.20%	26.84%
ARKW ARK Next Generation Internet ETF	-0.79%	38.93%	42.27%	96.89%	-67.49%	-18.85%	157.44%	35.76%	4.24%	87.29%

Correlation

The correlation between SPNT and ARKW is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014	0.29

The correlation between SPNT and ARKW shifts across timeframes, from 0.10 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SPNT vs. ARKW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPNT

SPNT Risk / Return Rank: 44
SPNT Sharpe Ratio Rank: 47
SPNT Sortino Ratio Rank: 40
SPNT Omega Ratio Rank: 39
SPNT Calmar Ratio Rank: 48
SPNT Martin Ratio Rank: 47

ARKW

ARKW Risk / Return Rank: 17
ARKW Sharpe Ratio Rank: 18
ARKW Sortino Ratio Rank: 19
ARKW Omega Ratio Rank: 19
ARKW Calmar Ratio Rank: 15
ARKW Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPNT vs. ARKW - Risk-Adjusted Trends 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.

	SPNT	ARKW	Difference
Sharpe ratio Return per unit of total volatility	0.17	0.60	-0.42
Sortino ratio Return per unit of downside risk	0.44	1.01	-0.57
Omega ratio Gain probability vs. loss probability	1.05	1.12	-0.07
Calmar ratio Return relative to maximum drawdown	0.30	0.54	-0.24
Martin ratio Return relative to average drawdown	0.57	1.12	-0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPNT vs. ARKW - Sharpe Ratio Comparison

The current SPNT Sharpe Ratio is 0.17, which is lower than the ARKW Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of SPNT and ARKW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPNT	ARKW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	0.60	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.04	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.61	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.58	-0.46

Drawdowns

SPNT vs. ARKW - Drawdown Comparison

The maximum SPNT drawdown since its inception was -77.77%, roughly equal to the maximum ARKW drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for SPNT and ARKW.

Drawdown Indicators

	SPNT	ARKW	Difference
Max Drawdown Largest peak-to-trough decline	-77.77%	-80.52%	+2.75%
Max Drawdown (1Y) Largest decline over 1 year	-16.28%	-36.21%	+19.93%
Max Drawdown (3Y) Largest decline over 3 years	-16.28%	-36.21%	+19.93%
Max Drawdown (5Y) Largest decline over 5 years	-62.25%	-77.36%	+15.11%
Max Drawdown (10Y) Largest decline over 10 years	-75.53%	-80.52%	+4.99%
Current Drawdown Current decline from peak	-14.38%	-20.48%	+6.10%
Average Drawdown Average peak-to-trough decline	-34.90%	-23.98%	-10.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.48%	17.52%	-9.04%

Volatility

SPNT vs. ARKW - Volatility Comparison

SiriusPoint Ltd. (SPNT) and ARK Next Generation Internet ETF (ARKW) have volatilities of 7.89% and 7.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPNT	ARKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	7.95%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	19.83%	23.54%	-3.71%
Volatility (1Y) Calculated over the trailing 1-year period	28.09%	32.93%	-4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.84%	43.49%	-9.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.54%	37.69%	-4.15%

Dividends

SPNT vs. ARKW - Dividend Comparison

SPNT has not paid dividends to shareholders, while ARKW's dividend yield for the trailing twelve months is around 1.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.60%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
SPNT SiriusPoint Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPNT and ARKW in my portfolio?

SPNT and ARKW have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPNT or ARKW?

ARKW has higher volatility (7.95%) compared to SPNT (7.89%). In terms of maximum drawdown, SPNT dropped -77.77% vs ARKW's -80.52%.

Which has better risk-adjusted returns?

ARKW currently has the higher Sharpe Ratio (0.60 vs 0.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.