WDH vs. ARKF
WDH (Waterdrop Inc.) is a stock, while ARKF (ARK Fintech Innovation ETF) is Blockchain fund actively managed by ARK. Over the past 5 years, WDH returned -27.99%/yr vs -5.06%/yr for ARKF. At a 0.22 correlation, their price movements are largely independent.
Performance
WDH vs. ARKF - Performance Comparison
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Returns By Period
In the year-to-date period, WDH achieves a -24.98% return, which is significantly lower than ARKF's -18.31% return.
WDH
- 1D
- -0.71%
- 1M
- -11.39%
- YTD
- -24.98%
- 6M
- -20.37%
- 1Y
- 4.96%
- 3Y*
- -14.35%
- 5Y*
- -27.99%
- 10Y*
- —
ARKF
- 1D
- 0.00%
- 1M
- -5.76%
- YTD
- -18.31%
- 6M
- -21.31%
- 1Y
- -11.87%
- 3Y*
- 23.97%
- 5Y*
- -5.06%
- 10Y*
- —
WDH vs. ARKF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDH Waterdrop Inc. | -24.98% | 66.25% | 19.17% | -68.77% | 141.30% | -86.54% |
ARKF ARK Fintech Innovation ETF | -18.31% | 28.67% | 34.34% | 93.27% | -65.07% | -16.31% |
Correlation
The correlation between WDH and ARKF is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 7, 2021 | 0.22 |
The correlation between WDH and ARKF shifts across timeframes, from 0.18 (3 years) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WDH vs. ARKF — Risk / Return Rank
WDH
ARKF
WDH vs. ARKF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waterdrop Inc. (WDH) and ARK Fintech Innovation ETF (ARKF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WDH | ARKF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.97 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | -0.31 | +0.48 |
| Martin ratioReturn relative to average drawdown | 0.36 | -0.57 | +0.93 |
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Drawdowns
WDH vs. ARKF - Drawdown Comparison
The maximum WDH drawdown since its inception was -91.12%, which is greater than ARKF's maximum drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for WDH and ARKF.
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Drawdown Indicators
| WDH | ARKF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.12% | -78.63% | -12.49% |
Max Drawdown (1Y)Largest decline over 1 year | -29.00% | -38.50% | +9.50% |
Max Drawdown (3Y)Largest decline over 3 years | -62.60% | -38.50% | -24.10% |
Max Drawdown (5Y)Largest decline over 5 years | -88.67% | -75.30% | -13.37% |
Current DrawdownCurrent decline from peak | -84.92% | -38.77% | -46.15% |
Average DrawdownAverage peak-to-trough decline | -81.15% | -34.95% | -46.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.81% | 21.00% | -7.19% |
Volatility
WDH vs. ARKF - Volatility Comparison
Waterdrop Inc. (WDH) has a higher volatility of 13.33% compared to ARK Fintech Innovation ETF (ARKF) at 10.36%. This indicates that WDH's price experiences larger fluctuations and is considered to be riskier than ARKF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDH | ARKF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.33% | 10.36% | +2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 24.40% | 25.14% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.58% | 33.69% | +10.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.87% | 42.87% | +19.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.73% | 39.77% | +22.96% |
Dividends
WDH vs. ARKF - Dividend Comparison
WDH's dividend yield for the trailing twelve months is around 4.29%, more than ARKF's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
ARKF ARK Fintech Innovation ETF | 0.11% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 1.25% |
WDH Waterdrop Inc. | 4.29% | 2.63% | 5.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDH and ARKF have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDH has higher volatility (13.33%) compared to ARKF (10.36%). In terms of maximum drawdown, WDH dropped -91.12% vs ARKF's -78.63%.
WDH currently has the higher Sharpe Ratio (0.11 vs -0.35), 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.
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