ZECP vs. ARKK
Compare and contrast key facts about Zacks Earnings Consistent Portfolio ETF (ZECP) and ARK Innovation ETF (ARKK).
ZECP and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZECP is an actively managed fund by Zacks Investment Management. It was launched on Aug 24, 2021. 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: ZECP or ARKK.
Performance
ZECP vs. ARKK - Performance Comparison
Returns By Period
In the year-to-date period, ZECP achieves a 19.56% return, which is significantly higher than ARKK's 6.78% return.
ZECP
19.56%
-0.10%
9.08%
25.09%
N/A
N/A
ARKK
6.78%
16.43%
23.72%
24.60%
3.80%
11.84%
Key characteristics
| ZECP | ARKK | |
|---|---|---|
| Sharpe Ratio | 2.54 | 0.78 |
| Sortino Ratio | 3.48 | 1.28 |
| Omega Ratio | 1.47 | 1.15 |
| Calmar Ratio | 3.99 | 0.38 |
| Martin Ratio | 16.82 | 1.94 |
| Ulcer Index | 1.48% | 14.38% |
| Daily Std Dev | 9.79% | 35.67% |
| Max Drawdown | -21.85% | -80.91% |
| Current Drawdown | -1.57% | -63.69% |
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ZECP vs. ARKK - Expense Ratio Comparison
ZECP has a 0.55% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Correlation
The correlation between ZECP and ARKK is 0.60, 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.
Risk-Adjusted Performance
ZECP vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zacks Earnings Consistent Portfolio ETF (ZECP) 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
ZECP vs. ARKK - Dividend Comparison
ZECP's dividend yield for the trailing twelve months is around 0.61%, while ARKK has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZECP Zacks Earnings Consistent Portfolio ETF | 0.61% | 0.73% | 0.91% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
Drawdowns
ZECP vs. ARKK - Drawdown Comparison
The maximum ZECP drawdown since its inception was -21.85%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for ZECP and ARKK. For additional features, visit the drawdowns tool.
Volatility
ZECP vs. ARKK - Volatility Comparison
The current volatility for Zacks Earnings Consistent Portfolio ETF (ZECP) is 3.44%, while ARK Innovation ETF (ARKK) has a volatility of 14.32%. This indicates that ZECP 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.