ARKG vs AWF
ARK Genomic Revolution ETF vs AllianceBernstein Global High Income Fund
Quick Verdict
ARKG has a lower expense ratio. ARKG delivered stronger 1-year returns. AWF offers more diversification with 707 holdings.
Side-by-Side Comparison
| Metric | ARKG | AWF | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 1.00% | |
| AUM | $1.6B | $969M | |
| Dividend Yield | 0.00% | 6.92% | |
| Holdings | 33 | 1,273 | |
| YTD Return | +53.15% | -1.03% | |
| 1Y Return | +85.59% | -2.56% | |
| 3Y Return (annualized) | +11.98% | +8.42% | |
| 5Y Return (annualized) | -11.67% | +3.62% | |
| Volatility (annualized) | 36.4% | 18.2% | |
| Max Drawdown | -83.6% | -60.0% | |
| Fund Family | Ark Invest | AllianceBernstein L.P. | |
| Category | Equity | Fixed Income | |
| Inception | Oct 31, 2014 | Jul 28, 1993 |
ARKG vs AWF Performance
ARK Genomic Revolution ETF (ARKG) is a ETF from Ark Invest and AllianceBernstein Global High Income Fund (AWF) is a ETF from AllianceBernstein L.P.. Over the past year ARKG returned +85.59% while AWF returned -2.56%. Year to date, ARKG is up 53.15% versus a loss of 1.03% for AWF.
Over three years, ARKG compounded at +11.98% per year against +8.42% for AWF; over five years the annualized figures are -11.67% and +3.62% respectively. Across the full 12-year window we track, ARKG has the edge at +7.99% annualized vs +0.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKG has been the more volatile fund, with annualized monthly volatility of 36.4% compared with 18.2% for AWF. 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 -83.6% for ARKG and -60.0% for AWF. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ARKG charges 0.75% per year while AWF charges 1.00%. On a $10,000 position that is $75 vs $100 annually, a gap of $25 per year that compounds over a long holding period. On income, ARKG currently yields 0.00% against 6.92% for AWF.
Holdings Overlap
ARKG and AWF share 0 holdings out of 738 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ARKG or AWF?
ARKG has an expense ratio of 0.75% while AWF charges 1.00%. ARKG is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, ARKG or AWF?
Over the past year ARKG returned +85.59% vs -2.56% for AWF, so ARKG leads on 1-year performance. Over the longest common window we track (12 years), ARKG annualized +7.99% vs +0.91% for AWF. Past performance does not guarantee future results.
Which is riskier, ARKG or AWF?
ARKG has been the more volatile fund at 36.4% annualized versus 18.2% for AWF. Worst drawdown: ARKG -83.6% vs AWF -60.0%.
Should I hold both ARKG and AWF?
ARKG and AWF have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ARKG and AWF?
ARKG and AWF share 0 common holdings with a 0.0% weight overlap. Combined, they hold 738 unique securities.
Which pays a higher dividend, ARKG or AWF?
ARKG yields 0.00% while AWF yields 6.92%, so AWF currently pays the higher dividend yield.
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