SWPPX vs. ARKK
Compare and contrast key facts about Schwab S&P 500 Index Fund (SWPPX) and ARK Innovation ETF (ARKK).
SWPPX is managed by Charles Schwab. 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: SWPPX or ARKK.
Correlation
The correlation between SWPPX 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
SWPPX vs. ARKK - Performance Comparison
Key characteristics
SWPPX:
0.55
ARKK:
0.36
SWPPX:
0.90
ARKK:
0.65
SWPPX:
1.13
ARKK:
1.08
SWPPX:
0.58
ARKK:
0.14
SWPPX:
2.23
ARKK:
0.79
SWPPX:
4.82%
ARKK:
13.53%
SWPPX:
19.34%
ARKK:
44.21%
SWPPX:
-55.06%
ARKK:
-80.91%
SWPPX:
-7.58%
ARKK:
-66.58%
Returns By Period
In the year-to-date period, SWPPX achieves a -3.30% return, which is significantly higher than ARKK's -9.34% return. Over the past 10 years, SWPPX has outperformed ARKK with an annualized return of 12.14%, while ARKK has yielded a comparatively lower 10.57% annualized return.
SWPPX
-3.30%
13.73%
-4.57%
10.62%
15.87%
12.14%
ARKK
-9.34%
27.06%
-2.32%
15.85%
-1.83%
10.57%
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SWPPX vs. ARKK - Expense Ratio Comparison
SWPPX has a 0.02% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
SWPPX vs. ARKK — Risk-Adjusted Performance Rank
SWPPX
ARKK
SWPPX vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab S&P 500 Index Fund (SWPPX) 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
SWPPX vs. ARKK - Dividend Comparison
SWPPX's dividend yield for the trailing twelve months is around 1.27%, while ARKK has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWPPX Schwab S&P 500 Index Fund | 1.27% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
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
SWPPX vs. ARKK - Drawdown Comparison
The maximum SWPPX drawdown since its inception was -55.06%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for SWPPX and ARKK. For additional features, visit the drawdowns tool.
Volatility
SWPPX vs. ARKK - Volatility Comparison
The current volatility for Schwab S&P 500 Index Fund (SWPPX) is 11.18%, while ARK Innovation ETF (ARKK) has a volatility of 19.49%. This indicates that SWPPX 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.