AMOM vs ARKK
Qraft AI-Enhanced US Large Cap Momentum ETF vs ARK Innovation ETF
Which is better, AMOM or ARKK?
Each has led over a different period.
AMOM led over 1Y, 5Y and the full window, ARKK over 3Y. AMOM is less concentrated, with 36.9% 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 | AMOM | ARKK |
|---|---|---|
| Expense Ratio | 0.75%Tie | 0.75%Tie |
| AUM | $23M | $7.9B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 102 | 84 |
| YTD Return | +19.96%Best | +7.88% |
| 1Y Return | +21.68%Best | -2.74% |
| 3Y Return (annualized) | +24.92% | +29.97%Best |
| 5Y Return (annualized) | +11.23%Best | -5.92% |
| Volatility (annualized) | 21.6%Best | 41.8% |
| Max Drawdown | -39.7%Best | -80.9% |
| $10,000 over 5 years | $17,026Best | $7,370 |
| Top 10 Weight | 36.9%Best | 50.3% |
| Fund Family | QRAFT AI ETFs | Ark Invest |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 20, 2019 | Oct 31, 2014 |
Volatility and max drawdown are measured over the window both funds cover: May 21, 2019 to Oct 14, 2026 (7.4 years).
AMOM 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 7.4 years both funds cover.
AMOM vs ARKK Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is an ETF from QRAFT AI ETFs and ARK Innovation ETF (ARKK) is an ETF from Ark Invest. Over the past year AMOM returned +21.68% while ARKK returned -2.74%. Year to date, AMOM is up 19.96% versus a gain of 7.88% for ARKK.
Over three years, AMOM compounded at +24.92% per year against +29.97% for ARKK; over five years the annualized figures are +11.23% and -5.92% respectively. Across the full 7-year window we track, AMOM has the edge at +16.76% annualized vs +9.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKK has been the more volatile fund, with annualized monthly volatility of 41.8% compared with 21.6% for AMOM. 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 -39.7% for AMOM 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMOM charges 0.75% per year while ARKK charges 0.75%. On a $10,000 position that is $75 vs $75 annually. On income, AMOM currently yields 0.00% against 0.00% for ARKK.
Holdings Overlap
20.5% of AMOM's money is in holdings ARKK also owns. 16.5% of ARKK's money is in holdings AMOM also owns.
AMOM and ARKK share little of their money.
6 positions in common, counted across the 50 positions we hold weights for in AMOM and 41 in ARKK, against full books of 102 and 84.
What only one of them owns
Our book lists 31 positions for ARKK that do not appear in our book for AMOM (73.6% of the fund), and 44 for AMOM that do not appear in ARKK (79.1%).
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.
20.5% of AMOM is already inside ARKK.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AMOM or ARKK?
AMOM 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, AMOM or ARKK?
Over the past year AMOM returned +21.68% vs -2.74% for ARKK, so AMOM leads on 1-year performance. Over the longest common window we track (7 years), AMOM annualized +16.76% vs +9.66% for ARKK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMOM or ARKK?
ARKK has been the more volatile fund at 41.8% annualized versus 21.6% for AMOM. Worst drawdown: AMOM -39.7% vs ARKK -80.9%.
Should I hold both AMOM and ARKK?
AMOM and ARKK have a monthly-return correlation of 0.72, 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 AMOM and ARKK?
20.5% of AMOM's money is in holdings ARKK also owns. 16.5% of ARKK's is in holdings AMOM also owns. They hold 6 positions in common, counted across the 50 positions we hold weights for in AMOM and 41 in ARKK.
Which pays a higher dividend, AMOM or ARKK?
AMOM yields 0.00% while ARKK yields 0.00%, so ARKK currently pays the higher dividend yield.
Is ARKK better than AMOM?
AMOM led over 1Y, 5Y and the full window, ARKK over 3Y. AMOM is less concentrated, with 36.9% 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.