XSW vs. ARKK
Compare and contrast key facts about SPDR S&P Software & Services ETF (XSW) and ARK Innovation ETF (ARKK).
XSW and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSW is a passively managed fund by State Street that tracks the performance of the S&P Software & Services Select Industry Index. It was launched on Sep 28, 2011. 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: XSW or ARKK.
Key characteristics
| XSW | ARKK | |
|---|---|---|
| YTD Return | 24.82% | 6.63% |
| 1Y Return | 41.69% | 33.11% |
| 3Y Return (Ann) | 0.70% | -21.80% |
| 5Y Return (Ann) | 13.86% | 4.09% |
| 10Y Return (Ann) | 15.33% | 11.78% |
| Sharpe Ratio | 2.15 | 1.11 |
| Sortino Ratio | 2.83 | 1.66 |
| Omega Ratio | 1.37 | 1.20 |
| Calmar Ratio | 1.61 | 0.54 |
| Martin Ratio | 11.34 | 2.78 |
| Ulcer Index | 4.17% | 14.36% |
| Daily Std Dev | 22.03% | 35.97% |
| Max Drawdown | -45.38% | -80.91% |
| Current Drawdown | -1.41% | -63.74% |
Correlation
The correlation between XSW and ARKK is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XSW vs. ARKK - Performance Comparison
In the year-to-date period, XSW achieves a 24.82% return, which is significantly higher than ARKK's 6.63% return. Over the past 10 years, XSW has outperformed ARKK with an annualized return of 15.33%, while ARKK has yielded a comparatively lower 11.78% annualized 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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XSW vs. ARKK - Expense Ratio Comparison
XSW has a 0.35% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
XSW vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Software & Services ETF (XSW) 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
XSW vs. ARKK - Dividend Comparison
XSW's dividend yield for the trailing twelve months is around 0.09%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSW SPDR S&P Software & Services ETF | 0.09% | 0.20% | 0.09% | 0.13% | 0.26% | 0.12% | 0.31% | 0.46% | 0.87% | 0.54% | 0.53% | 2.07% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% | 0.00% |
Drawdowns
XSW vs. ARKK - Drawdown Comparison
The maximum XSW drawdown since its inception was -45.38%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for XSW and ARKK. For additional features, visit the drawdowns tool.
Volatility
XSW vs. ARKK - Volatility Comparison
The current volatility for SPDR S&P Software & Services ETF (XSW) is 7.72%, while ARK Innovation ETF (ARKK) has a volatility of 13.71%. This indicates that XSW 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.