ARKK vs DIVP
ARK Innovation ETF vs Cullen Enhanced Equity Income ETF
Which is better, ARKK or DIVP?
Each has led over a different period.
DIVP has a lower expense ratio. ARKK led over the full window, DIVP over 1Y. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 50.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ARKK | DIVP |
|---|---|---|
| Expense Ratio | 0.75% | 0.55%Best |
| AUM | $7.9B | $61M |
| Dividend Yield | 0.00% | 6.81% |
| Holdings | 84 | 47 |
| YTD Return | +7.88% | +9.06%Best |
| 1Y Return | -2.74% | +14.04%Best |
| 3Y Return (annualized) | +29.97% | - |
| 5Y Return (annualized) | -5.92% | - |
| Volatility (annualized) | 36.4% | 10.4%Best |
| Max Drawdown | -39.6% | -13.4%Best |
| $10,000 over 2.6 years | $16,799Best | $12,357 |
| Top 10 Weight | 50.3% | 36.4%Best |
| Fund Family | Ark Invest | Cullen Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 31, 2014 | Mar 6, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
ARKK vs DIVP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
ARKK vs DIVP Performance
ARK Innovation ETF (ARKK) is an ETF from Ark Invest and Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds. Over the past year ARKK returned -2.74% while DIVP returned +14.04%. Year to date, ARKK is up 7.88% versus a gain of 9.06% for DIVP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKK has been the more volatile fund, with annualized monthly volatility of 36.4% compared with 10.4% for DIVP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -39.6% for ARKK and -13.4% for DIVP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.08. They move largely independently of each other.
Fees and Cost Over Time
ARKK charges 0.75% per year while DIVP charges 0.55%. On a $10,000 position that is $75 vs $55 annually, a gap of $20 per year that compounds over a long holding period. On income, ARKK currently yields 0.00% against 6.81% for DIVP.
Holdings Overlap
We hold position weights for 41 holdings in ARKK and 35 in DIVP, totalling 100.0% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 41 positions we hold weights for in ARKK and 35 in DIVP, against full books of 84 and 47.
What only one of them owns
Our book lists 33 positions for DIVP that do not appear in our book for ARKK (94.5% of the fund), and 37 for ARKK that do not appear in DIVP (90.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ARKK and DIVP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ARKK or DIVP?
ARKK has an expense ratio of 0.75% while DIVP charges 0.55%. DIVP is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, ARKK or DIVP?
Over the past year ARKK returned -2.74% vs +14.04% for DIVP, so DIVP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARKK or DIVP?
ARKK has been the more volatile fund at 36.4% annualized versus 10.4% for DIVP. Worst drawdown: ARKK -39.6% vs DIVP -13.4%.
Should I hold both ARKK and DIVP?
ARKK and DIVP have a monthly-return correlation of 0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ARKK or DIVP?
ARKK yields 0.00% while DIVP yields 6.81%, so DIVP currently pays the higher dividend yield.
Is DIVP better than ARKK?
DIVP has a lower expense ratio. ARKK led over the full window, DIVP over 1Y. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 50.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.