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ARKK vs. AGG

ARK Innovation ETF

ARKK
$--
vs

iShares Core U.S. Aggregate Bond ETF

AGG
$--

Correlation

0.34
ARKKARK Innovation ETF
AGGiShares Core U.S. Aggregate Bond ETF

What is ARKK?

ARK will select investments for ARKK that represent its highest-conviction investment ideas within the theme of disruptive innovation, as described above, in constructing the Fund s portfolio. The Fund is an actively managed exchange-traded fund ( ETF ) that will invest under normal circumstances primarily (at least 65% of its assets) in domestic equity securities and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund s investment theme of disruptive innovation.

Snapshot
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ARKK ARK Innovation ETF
AGG iShares Core U.S. Aggregate Bond ETF
Inception date
Oct 31 2014
Sep 22 2003
Expense ratio
0.75%
0.03%
ARKK has a higher expense ratio than AGG by 0.72%. This can indicate that it’s more expensive to invest in ARKK than AGG.
Type
Global Equities
US Bonds
ARKK targets investing in Global Equities, while AGG targets investing in US Bonds.
Fund owner
ARK Funds
Blackrock (iShares)
ARKK is managed by ARK Funds, while AGG is managed by Blackrock (iShares).
Volume (1m avg. daily)
$529,712,420
$631,408,505
Both ARKK and AGG 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
$6,719,241,511
$91,680,069,240
ARKK has more assets under management than AGG by $84,960,827,729. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
None
Bloomberg US Aggregate Bond Index
ARKK is based off of the undefined, while AGG is based off of the Bloomberg US Aggregate Bond Index
Inverse/Leveraged
No
No
ARKK and AGG 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
ARKK uses a Active investing strategy, while AGG uses a Passive investing strategy.
Dividend
No
No
ARKK and AGG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither ARKK nor AGG require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

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.

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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.