Monday, January 3, 2022

Ark Innovation ETF vs. The S&P SPY ETF

The Ark Innovation ETF continues to way underperform

The Ark Innovation ETF (ARKK) when compared to the SPDR Sector ETFs, on a relative strength basis, over a 200 day moving average, where the S&P 500 SPDR ETF (SPY) is the benchmark, continues to drastically underperform. Here are the numbers:

Sym ETF % Diff
XLK SPDRs Select Sector Technology ETF 5.8
XLY SPDRs Select Sector Cons. Discr. ETF 4.5
XLRE Real Estate Select Sector SPDR Fund 3
SPY SPDRs S&P 500 Trust Series ETF 0
XLE SPDRs Select Sector Energy ETF -0.4
XLV SPDRs Select Sector Health Care ETF -0.8
XLP SPDRs Select Sector Cons Staples ETF -1.2
XLU SPDRs Select Sector Utilities ETF -2.5
XLB SPDRs Select Sector Materials ETF -2.8
XLF SPDRs Select Sector Financial ETF -3.9
XLI SPDRs Select Sector Industrial ETF -6.6
XLC Comm. Serv. Sector SPDR Fund -9.9
ARKK ARK Innovation ETF -23.2

 

 

No comments:

Post a Comment