AIEQ vs ARKK
Amplify AI Powered Equity ETF vs ARK Innovation ETF
Which is better, AIEQ or ARKK?
Each has led over a different period.
AIEQ led over 1Y and 5Y, ARKK over 3Y and the full window. AIEQ is less concentrated, with 41.1% 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 | AIEQ | ARKK |
|---|---|---|
| Expense Ratio | 0.75%Tie | 0.75%Tie |
| AUM | $116M | $7.9B |
| Dividend Yield | 0.40% | 0.00% |
| Holdings | 326 | 84 |
| YTD Return | +9.72%Best | +7.88% |
| 1Y Return | +10.97%Best | -2.74% |
| 3Y Return (annualized) | +18.64% | +29.97%Best |
| 5Y Return (annualized) | +3.86%Best | -5.92% |
| Volatility (annualized) | 20.9%Best | 39.7% |
| Max Drawdown | -39.0%Best | -80.9% |
| $10,000 over 5 years | $12,085Best | $7,370 |
| Top 10 Weight | 41.1%Best | 50.3% |
| Fund Family | Amplify ETFs | Ark Invest |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 17, 2017 | Oct 31, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Oct 18, 2017 to Oct 14, 2026 (9 years).
AIEQ vs ARKK 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 9 years both funds cover.
AIEQ vs ARKK Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and ARK Innovation ETF (ARKK) is an ETF from Ark Invest. Over the past year AIEQ returned +10.97% while ARKK returned -2.74%. Year to date, AIEQ is up 9.72% versus a gain of 7.88% for ARKK.
Over three years, AIEQ compounded at +18.64% per year against +29.97% for ARKK; over five years the annualized figures are +3.86% and -5.92% respectively. Across the full 9-year window we track, ARKK has the edge at +11.43% annualized vs +9.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKK has been the more volatile fund, with annualized monthly volatility of 39.7% compared with 20.9% for AIEQ. 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 -39.0% for AIEQ and -80.9% for ARKK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIEQ charges 0.75% per year while ARKK charges 0.75%. On a $10,000 position that is $75 vs $75 annually. On income, AIEQ currently yields 0.40% against 0.00% for ARKK.
Holdings Overlap
19.9% of AIEQ's money is in holdings ARKK also owns. 17.6% of ARKK's money is in holdings AIEQ also owns.
AIEQ and ARKK share little of their money.
8 positions in common, counted across the 163 positions we hold weights for in AIEQ and 41 in ARKK, against full books of 326 and 84.
What only one of them owns
Our book lists 29 positions for ARKK that do not appear in our book for AIEQ (72.4% of the fund), and 151 for AIEQ that do not appear in ARKK (79.5%).
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.
Top Shared Holdings
| Stock | Weight in AIEQ | Weight in ARKK | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 9.13% | 1.74% | 7.39% |
| NVDANvidia Corp | 3.99% | 3.47% | 0.52% |
| AMDAdvanced Micro Devices Inc | 1.19% | 3.09% | 1.90% |
| GOOGAlphabet Inc. C | 2.76% | 1.40% | 1.36% |
| METAMeta Platforms Inc | 0.99% | 2.85% | 1.86% |
| AMZNAmazon.Com Inc | 1.27% | 2.36% | 1.09% |
| PLTRPalantir Technologies Inc | 0.51% | 2.23% | 1.72% |
| LLYEli Lilly & Co. | 0.05% | 0.46% | 0.41% |
You are not choosing between two funds in isolation.
Whichever of AIEQ and ARKK 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, AIEQ or ARKK?
AIEQ has an expense ratio of 0.75% while ARKK charges 0.75%. At the precision these are quoted to, they cost the same.
Which performed better, AIEQ or ARKK?
Over the past year AIEQ returned +10.97% vs -2.74% for ARKK, so AIEQ leads on 1-year performance. Over the longest common window we track (9 years), AIEQ annualized +9.53% vs +11.43% for ARKK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or ARKK?
ARKK has been the more volatile fund at 39.7% annualized versus 20.9% for AIEQ. Worst drawdown: AIEQ -39.0% vs ARKK -80.9%.
Should I hold both AIEQ and ARKK?
AIEQ and ARKK have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AIEQ and ARKK?
19.9% of AIEQ's money is in holdings ARKK also owns. 17.6% of ARKK's is in holdings AIEQ also owns. They hold 8 positions in common, counted across the 163 positions we hold weights for in AIEQ and 41 in ARKK.
Which pays a higher dividend, AIEQ or ARKK?
AIEQ yields 0.40% while ARKK yields 0.00%, so AIEQ currently pays the higher dividend yield.
Is ARKK better than AIEQ?
AIEQ led over 1Y and 5Y, ARKK over 3Y and the full window. AIEQ is less concentrated, with 41.1% 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.