ARKG vs PHDG
ARK Genomic Revolution ETF vs Invesco S&P 500 Downside Hedged ETF
Quick Verdict
PHDG has a lower expense ratio. ARKG delivered stronger 1-year returns. PHDG offers more diversification with 494 holdings.
Side-by-Side Comparison
| Metric | ARKG | PHDG | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.39% | |
| AUM | $1.6B | $61M | |
| Dividend Yield | 0.00% | 1.68% | |
| Holdings | 33 | 514 | |
| YTD Return | +53.15% | +12.47% | |
| 1Y Return | +85.59% | +16.44% | |
| 3Y Return (annualized) | +11.98% | +9.60% | |
| 5Y Return (annualized) | -11.67% | +4.60% | |
| Volatility (annualized) | 36.4% | 9.9% | |
| Max Drawdown | -83.6% | -23.6% | |
| Fund Family | Ark Invest | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 31, 2014 | Dec 5, 2012 |
ARKG vs PHDG Performance
ARK Genomic Revolution ETF (ARKG) is a ETF from Ark Invest and Invesco S&P 500 Downside Hedged ETF (PHDG) is a ETF from Invesco (US). Over the past year ARKG returned +85.59% while PHDG returned +16.44%. Year to date, ARKG is up 53.15% versus a gain of 12.47% for PHDG.
Over three years, ARKG compounded at +11.98% per year against +9.60% for PHDG; over five years the annualized figures are -11.67% and +4.60% respectively. Across the full 12-year window we track, ARKG has the edge at +7.99% annualized vs +4.41%. 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 9.9% for PHDG. 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 -23.6% for PHDG. 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ARKG charges 0.75% per year while PHDG charges 0.39%. On a $10,000 position that is $75 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, ARKG currently yields 0.00% against 1.68% for PHDG.
Holdings Overlap
ARKG and PHDG share 1 holdings out of 524 unique holdings combined, representing a 1.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ARKG | Weight in PHDG | Difference |
|---|---|---|---|
| LLY | 4.82% | 1.17% | 3.65% |
Frequently Asked Questions
Which is cheaper, ARKG or PHDG?
ARKG has an expense ratio of 0.75% while PHDG charges 0.39%. PHDG is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, ARKG or PHDG?
Over the past year ARKG returned +85.59% vs +16.44% for PHDG, so ARKG leads on 1-year performance. Over the longest common window we track (12 years), ARKG annualized +7.99% vs +4.41% for PHDG. Past performance does not guarantee future results.
Which is riskier, ARKG or PHDG?
ARKG has been the more volatile fund at 36.4% annualized versus 9.9% for PHDG. Worst drawdown: ARKG -83.6% vs PHDG -23.6%.
Should I hold both ARKG and PHDG?
ARKG and PHDG have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ARKG and PHDG?
ARKG and PHDG share 1 common holdings with a 1.2% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, ARKG or PHDG?
ARKG yields 0.00% while PHDG yields 1.68%, so PHDG currently pays the higher dividend yield.
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