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ARKG vs. IEMG

ARK Genomic Revolution ETF

ARKG
$--
vs

iShares Core MSCI Emerging Markets ETF

IEMG
$--

Correlation

0.57
ARKGARK Genomic Revolution ETF
IEMGiShares Core MSCI Emerging Markets ETF

What is ARKG?

The Fund is concentrated in any industry or group of industries in the health care sector, including, in particular, issuers having their principal business activities in the biotechnology industry. Other industries in the health care sector include medical laboratories and research, drug manufacturers and agricultural chemicals.

Snapshot
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ARKG ARK Genomic Revolution ETF
IEMG iShares Core MSCI Emerging Markets ETF
Inception date
Oct 31 2014
Oct 18 2012
Expense ratio
0.75%
0.09%
ARKG has a higher expense ratio than IEMG by 0.66%. This can indicate that it’s more expensive to invest in ARKG than IEMG.
Type
Global Equities
Global Ex. US Equities
ARKG targets investing in Global Equities, while IEMG targets investing in Global Ex. US Equities.
Fund owner
ARK Funds
Blackrock (iShares)
ARKG is managed by ARK Funds, while IEMG is managed by Blackrock (iShares).
Volume (1m avg. daily)
$36,384,198
$497,040,322
Both ARKG and IEMG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$1,743,388,571
$70,028,258,238
ARKG has more assets under management than IEMG by $68,284,869,667. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
None
MSCI Emerging Markets Investable Market Index
ARKG is based off of the undefined, while IEMG is based off of the MSCI Emerging Markets Investable Market Index
Inverse/Leveraged
No
No
ARKG and IEMG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Active
Passive
ARKG uses a Active investing strategy, while IEMG uses a Passive investing strategy.
Dividend
No
No
ARKG and IEMG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither ARKG nor IEMG require a K1.
ARKG and IEMG’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toARKG

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Automated Strategies
Related toIEMG

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.