ARKK vs MTAW
ARK Innovation ETF vs Meta AI Lab Ecosystem ETF
Which is better, ARKK or MTAW?
MTAW costs less.
MTAW has a lower expense ratio. ARKK is less concentrated, with 50.3% of the fund in its ten largest positions against 54.5%.
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 | MTAW |
|---|---|---|
| Expense Ratio | 0.75% | 0.59%Best |
| AUM | $7.9B | $2M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 84 | 25 |
| YTD Return | +7.88%Best | -1.65% |
| 1Y Return | -2.74% | - |
| 3Y Return (annualized) | +29.97% | - |
| 5Y Return (annualized) | -5.92% | - |
| Top 10 Weight | 50.3%Best | 54.5% |
| Fund Family | Ark Invest | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 31, 2014 | Aug 12, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ARKK vs MTAW 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ARKK vs MTAW Performance
ARK Innovation ETF (ARKK) is an ETF from Ark Invest and Meta AI Lab Ecosystem ETF (MTAW) is an ETF from Harbor Funds. Year to date, ARKK is up 7.88% versus a loss of 1.65% for MTAW.
Past performance does not guarantee future results.
Fees and Cost Over Time
ARKK charges 0.75% per year while MTAW charges 0.59%. On a $10,000 position that is $75 vs $59 annually, a gap of $16 per year that compounds over a long holding period. On income, ARKK currently yields 0.00% against 0.00% for MTAW.
Holdings Overlap
16.8% of ARKK's money is in holdings MTAW also owns. 39.0% of MTAW's money is in holdings ARKK also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 41 positions we hold weights for in ARKK and 25 in MTAW, against full books of 84 and 25.
What only one of them owns
Our book lists 14 positions for MTAW that do not appear in our book for ARKK (44.6% of the fund), and 31 for ARKK that do not appear in MTAW (74.5%).
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 MTAW | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 2.85% | 19.11% | 16.26% |
| NVDANvidia Corp | 3.47% | 3.50% | 0.03% |
| CRWVCoreweave, Inc. | 2.92% | 3.68% | 0.76% |
| AMDAdvanced Micro Devices Inc | 3.09% | 2.73% | 0.36% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 1.29% | 3.90% | 2.61% |
| AVGOBroadcom Inc | 1.74% | 2.92% | 1.18% |
| GOOGAlphabet Inc. C | 1.40% | 3.17% | 1.77% |
39.0% of MTAW 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 MTAW?
ARKK has an expense ratio of 0.75% while MTAW charges 0.59%. MTAW is the cheaper option, by $16 a year on a $10,000 investment.
What is the holdings overlap between ARKK and MTAW?
39.0% of MTAW's money is in holdings ARKK also owns. 39.0% of MTAW's is in holdings ARKK also owns. They hold 7 positions in common, counted across the 41 positions we hold weights for in ARKK and 25 in MTAW.
Which pays a higher dividend, ARKK or MTAW?
ARKK yields 0.00% while MTAW yields 0.00%, so MTAW currently pays the higher dividend yield.
Is MTAW better than ARKK?
MTAW has a lower expense ratio. ARKK is less concentrated, with 50.3% of the fund in its ten largest positions against 54.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.