ARKW vs MTAW
ARK Next Generation Technology ETF vs Meta AI Lab Ecosystem ETF
Which is better, ARKW or MTAW?
MTAW costs less.
MTAW has a lower expense ratio. ARKW is less concentrated, with 44.6% 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 | ARKW | MTAW |
|---|---|---|
| Expense Ratio | 0.76% | 0.59%Best |
| AUM | $2.0B | $2M |
| Dividend Yield | 1.47% | 0.00% |
| Holdings | 88 | 25 |
| YTD Return | +8.61%Best | -1.81% |
| 1Y Return | -5.69% | - |
| 3Y Return (annualized) | +44.94% | - |
| 5Y Return (annualized) | +2.51% | - |
| Top 10 Weight | 44.6%Best | 54.5% |
| Fund Family | Ark Invest | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 30, 2014 | Aug 12, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ARKW 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.
ARKW vs MTAW Performance
ARK Next Generation Technology ETF (ARKW) is an ETF from Ark Invest and Meta AI Lab Ecosystem ETF (MTAW) is an ETF from Harbor Funds. Year to date, ARKW is up 8.61% versus a loss of 1.81% for MTAW.
Past performance does not guarantee future results.
Fees and Cost Over Time
ARKW charges 0.76% per year while MTAW charges 0.59%. On a $10,000 position that is $76 vs $59 annually, a gap of $17 per year that compounds over a long holding period. On income, ARKW currently yields 1.47% against 0.00% for MTAW.
Holdings Overlap
23.8% of ARKW's money is in holdings MTAW also owns. 39.0% of MTAW's money is in holdings ARKW also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 40 positions we hold weights for in ARKW and 25 in MTAW, against full books of 88 and 25.
What only one of them owns
Our book lists 14 positions for MTAW that do not appear in our book for ARKW (44.6% of the fund), and 30 for ARKW that do not appear in MTAW (68.0%).
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 ARKW | Weight in MTAW | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 4.26% | 19.11% | 14.85% |
| NVDANvidia Corp | 4.34% | 3.50% | 0.84% |
| CRWVCoreweave, Inc. | 3.96% | 3.68% | 0.28% |
| GOOGAlphabet Inc. C | 3.31% | 3.17% | 0.14% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.26% | 3.90% | 1.64% |
| AMDAdvanced Micro Devices Inc | 3.11% | 2.73% | 0.38% |
| AVGOBroadcom Inc | 2.59% | 2.92% | 0.33% |
39.0% of MTAW is already inside ARKW.
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, ARKW or MTAW?
ARKW has an expense ratio of 0.76% while MTAW charges 0.59%. MTAW is the cheaper option, by $17 a year on a $10,000 investment.
What is the holdings overlap between ARKW and MTAW?
39.0% of MTAW's money is in holdings ARKW also owns. 39.0% of MTAW's is in holdings ARKW also owns. They hold 7 positions in common, counted across the 40 positions we hold weights for in ARKW and 25 in MTAW.
Which pays a higher dividend, ARKW or MTAW?
ARKW yields 1.47% while MTAW yields 0.00%, so ARKW currently pays the higher dividend yield.
Is MTAW better than ARKW?
MTAW has a lower expense ratio. ARKW is less concentrated, with 44.6% 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.