ARKK vs ARKW
ARK Innovation ETF vs ARK Next Generation Technology ETF
Which is better, ARKK or ARKW?
Nearly the same fund. ARKK costs less.
ARKK has a lower expense ratio. ARKK led over 1Y, ARKW over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. ARKW is less concentrated, with 44.6% 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 | ARKK | ARKW |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.76% |
| AUM | $7.9B | $2.0B |
| Dividend Yield | 0.00% | 1.47% |
| Holdings | 84 | 88 |
| YTD Return | +7.88%Best | +7.08% |
| 1Y Return | -2.74%Best | -5.81% |
| 3Y Return (annualized) | +29.97% | +44.31%Best |
| 5Y Return (annualized) | -5.92% | +2.38%Best |
| Volatility (annualized) | 36.0% | 33.7%Best |
| Max Drawdown | -80.9% | -80.0%Best |
| $10,000 over 5 years | $7,370 | $11,248Best |
| Top 10 Weight | 50.3% | 44.6%Best |
| Fund Family | Ark Invest | Ark Invest |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 31, 2014 | Sep 30, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Oct 31, 2014 to Oct 14, 2026 (12 years).
ARKK vs ARKW 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 12 years both funds cover.
ARKK vs ARKW Performance
ARK Innovation ETF (ARKK) is an ETF from Ark Invest and ARK Next Generation Technology ETF (ARKW) is an ETF from Ark Invest. Over the past year ARKK returned -2.74% while ARKW returned -5.81%. Year to date, ARKK is up 7.88% versus a gain of 7.08% for ARKW.
Over three years, ARKK compounded at +29.97% per year against +44.31% for ARKW; over five years the annualized figures are -5.92% and +2.38% respectively. Across the full 12-year window we track, ARKW has the edge at +21.23% annualized vs +13.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKK has been the more volatile fund, with annualized monthly volatility of 36.0% compared with 33.7% for ARKW. 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 -80.9% for ARKK and -80.0% for ARKW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ARKK charges 0.75% per year while ARKW charges 0.76%. On a $10,000 position that is $75 vs $76 annually, a gap of $1 per year that compounds over a long holding period. On income, ARKK currently yields 0.00% against 1.47% for ARKW.
Holdings Overlap
62.6% of ARKK's money is in holdings ARKW also owns. 70.2% of ARKW's money is in holdings ARKK also owns.
Most of ARKW is already inside ARKK. Owning both mostly buys the same companies twice.
20 positions in common, counted across the 41 positions we hold weights for in ARKK and 40 in ARKW, against full books of 84 and 88.
What only one of them owns
Our book lists 18 positions for ARKW that do not appear in our book for ARKK (25.7% of the fund), and 19 for ARKK that do not appear in ARKW (31.5%).
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 ARKK | Weight in ARKW | Difference |
|---|---|---|---|
| TSLATesla Inc | 8.78% | 7.27% | 1.51% |
| SPCXSpace Exploration Technologies | 6.02% | 4.50% | 1.52% |
| HOODRobinhood Markets Inc - A | 5.13% | 4.47% | 0.66% |
| CRCLCircle Internet Group In | 4.47% | 4.17% | 0.30% |
| COINCoinbase Global, Inc. | 4.29% | 3.84% | 0.45% |
| NVDANvidia Corp | 3.47% | 4.34% | 0.87% |
| METAMeta Platforms Inc | 2.85% | 4.26% | 1.41% |
| SHOP:CAShopify Inc | 2.87% | 4.07% | 1.20% |
| CRWVCoreweave, Inc. | 2.92% | 3.96% | 1.04% |
| AMDAdvanced Micro Devices Inc | 3.09% | 3.11% | 0.02% |
70.2% of ARKW 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ARKK or ARKW?
ARKK has an expense ratio of 0.75% while ARKW charges 0.76%. ARKK is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, ARKK or ARKW?
Over the past year ARKK returned -2.74% vs -5.81% for ARKW, so ARKK leads on 1-year performance. Over the longest common window we track (12 years), ARKK annualized +13.62% vs +21.23% for ARKW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARKK or ARKW?
ARKK has been the more volatile fund at 36.0% annualized versus 33.7% for ARKW. Worst drawdown: ARKK -80.9% vs ARKW -80.0%.
Should I hold both ARKK and ARKW?
ARKK and ARKW have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ARKK and ARKW?
70.2% of ARKW's money is in holdings ARKK also owns. 70.2% of ARKW's is in holdings ARKK also owns. They hold 20 positions in common, counted across the 41 positions we hold weights for in ARKK and 40 in ARKW.
Which pays a higher dividend, ARKK or ARKW?
ARKK yields 0.00% while ARKW yields 1.47%, so ARKW currently pays the higher dividend yield.
Is ARKW better than ARKK?
ARKK has a lower expense ratio. ARKK led over 1Y, ARKW over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. ARKW is less concentrated, with 44.6% 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.