PREF vs ARKW

Comparison between PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF (PREF, ETF) and ARK NEXT GENERATION INTERNET ETF (ARKW, ETF).

5-Year PerformancePREF has outperformed ARKW, delivering a return of +3.1% compared to +1.7%

PREF vs ARKW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PREF(ETF)	ARKW(ETF)
Net Assets	$1.40B	$1.50B
Expense Ratio	0.55%	0.76%
Max Drawdown	23.28%	80.55%
Sharpe Ratio	1.30	1.18
5Y Beta	0.08	1.75
P/E Ratio	N/A	-59.25
Forward P/E	N/A	46.70
5Y Dividends CAGR	3.44%	N/A
P/S Ratio	N/A	3.95
P/B Ratio	N/A	6.71

Net Assets

PREF

$1.40B

Winner

ARKW

$1.50B

Expense Ratio

Winner

PREF

0.55%

ARKW

0.76%

Max Drawdown

Winner

PREF

23.28%

ARKW

80.55%

Sharpe Ratio

Winner

PREF

1.30

ARKW

1.18

5Y Beta

Winner

PREF

0.08

ARKW

1.75

P/E Ratio

PREF

N/A

ARKW

-59.25

Forward P/E

PREF

N/A

ARKW

46.70

5Y Dividends CAGR

PREF

3.44%

ARKW

N/A

P/S Ratio

PREF

N/A

ARKW

3.95

P/B Ratio

PREF

N/A

ARKW

6.71

PREF vs ARKW - Historical Returns

Returns include dividend reinvestment.

Period	PREF	ARKW
1 month	+0.52%	+17.62%
3 months	+0.83%	+14.83%
6 months	+2.63%	-8.19%
1 year	+7.57%	+40.74%
5 years(CAGR)	+3.15%	+1.71%
10 years(CAGR)	+4.17%	+23.96%
Max(CAGR)	+4.17%	+20.78%

PREF

+0.52%

Winner

ARKW

+17.62%

PREF

+0.83%

Winner

ARKW

+14.83%

Winner

PREF

+2.63%

ARKW

-8.19%

PREF

+7.57%

Winner

ARKW

+40.74%

5Y(CAGR)

Winner

PREF

+3.15%

ARKW

+1.71%

10Y(CAGR)

PREF

+4.17%

Winner

ARKW

+23.96%

Max(CAGR)

PREF

+4.17%

Winner

ARKW

+20.78%

PREF vs ARKW - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	PREF	ARKW
2026	+1.36%	-1.50%
2025	+7.58%	+37.47%
2024	+11.55%	+48.08%
2023	+6.79%	+101.17%
2022	-11.84%	-68.05%
2021	+2.13%	-18.52%
2020	+7.33%	+151.90%
2019	+17.66%	+35.63%
2018	-5.23%	+1.03%
2017	+2.04%	+84.89%
2016	N/A	+11.88%
2015	N/A	+16.62%
2014	N/A	+2.70%

PREF vs ARKW Drawdown Comparison

The maximum drawdown for PREF was -22.99%, occurring on Mar 19, 2020. Recovery took 129 trading sessions.

The maximum drawdown for ARKW was -80.52%, occurring on Dec 28, 2022. This drawdown has not yet recovered.

The current PREF drawdown is -0.06%. The current ARKW drawdown is -20.30%.

Rank	PREF	ARKW
#1	-22.99% Feb 21, 2020 - Aug 25, 2020	-80.52% Feb 12, 2021 - Dec 28, 2022
#2	-16.99% Sep 16, 2021 - Jul 12, 2024	-40.66% Feb 19, 2020 - May 19, 2020
#3	-6.42% Jan 16, 2018 - Mar 20, 2019	-31.62% Dec 2, 2015 - Jul 18, 2016
#4	-2.88% Feb 24, 2026 - Mar 27, 2026	-25.49% Aug 29, 2018 - Mar 21, 2019
#5	-2.56% Mar 20, 2025 - May 12, 2025	-14.72% May 3, 2019 - Jul 15, 2019
#6	-1.98% Feb 11, 2021 - Apr 21, 2021	-14.03% Sep 1, 2020 - Oct 8, 2020
#7	-1.50% Dec 5, 2017 - Dec 26, 2017	-13.41% Jul 24, 2019 - Nov 22, 2019
#8	-1.18% Sep 17, 2020 - Nov 5, 2020	-13.23% Jun 22, 2015 - Dec 1, 2015
#9	-0.98% Oct 17, 2024 - Nov 25, 2024	-12.00% Mar 12, 2018 - Jun 4, 2018
#10	-0.97% Oct 28, 2025 - Dec 22, 2025	-9.72% Nov 6, 2020 - Nov 20, 2020
#11	-0.91% Jan 6, 2025 - Jan 30, 2025	-9.07% Jan 26, 2018 - Feb 15, 2018
#12	-0.90% Aug 1, 2024 - Aug 16, 2024	-8.59% Oct 13, 2020 - Nov 5, 2020
#13	-0.86% Oct 30, 2017 - Nov 28, 2017	-8.44% Oct 3, 2014 - Oct 31, 2014
#14	-0.83% Dec 16, 2019 - Dec 19, 2019	-7.51% Jun 18, 2018 - Aug 27, 2018
#15	-0.72% Oct 3, 2017 - Oct 30, 2017	-7.49% Oct 3, 2016 - Nov 17, 2016

Correlation

Correlation between PREF and ARKW is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2015 - 2026)

PREF vs ARKW dividend yield comparison.

Year	PREF	ARKW
2026	1.75%	0.00%
2025	4.87%	1.59%
2024	4.65%	0.00%
2023	4.67%	0.00%
2022	4.63%	0.00%
2021	4.07%	0.17%
2020	4.35%	1.29%
2019	4.67%	0.00%
2018	5.49%	13.05%
2017	2.35%	2.05%
2015	0.00%	2.29%