ARKW vs OAIW
ARK Next Generation Technology ETF vs OpenAI Lab Ecosystem ETF
Which is better, ARKW or OAIW?
OAIW costs less.
OAIW has a lower expense ratio. ARKW is less concentrated, with 44.6% of the fund in its ten largest positions against 60.5%.
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 | OAIW |
|---|---|---|
| Expense Ratio | 0.76% | 0.59%Best |
| AUM | $2.0B | $6M |
| Dividend Yield | 1.47% | 0.00% |
| Holdings | 88 | 25 |
| YTD Return | +7.08%Best | -10.04% |
| 1Y Return | -5.81% | - |
| 3Y Return (annualized) | +44.31% | - |
| 5Y Return (annualized) | +2.38% | - |
| Top 10 Weight | 44.6%Best | 60.5% |
| 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 OAIW 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 OAIW Performance
ARK Next Generation Technology ETF (ARKW) is an ETF from Ark Invest and OpenAI Lab Ecosystem ETF (OAIW) is an ETF from Harbor Funds. Year to date, ARKW is up 7.08% versus a loss of 10.04% for OAIW.
Past performance does not guarantee future results.
Fees and Cost Over Time
ARKW charges 0.76% per year while OAIW 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 OAIW.
Holdings Overlap
22.2% of ARKW's money is in holdings OAIW also owns. 31.0% of OAIW'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 26 in OAIW, against full books of 88 and 25.
What only one of them owns
Our book lists 13 positions for OAIW that do not appear in our book for ARKW (43.5% of the fund), and 30 for ARKW that do not appear in OAIW (69.6%).
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 OAIW | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.34% | 5.11% | 0.77% |
| AMZNAmazon.Com Inc | 3.62% | 5.62% | 2.00% |
| CBRSCerebras Systems Inc - A | 2.29% | 5.71% | 3.42% |
| AVGOBroadcom Inc | 2.59% | 4.38% | 1.79% |
| CRWVCoreweave, Inc. | 3.96% | 2.84% | 1.12% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.26% | 4.33% | 2.07% |
| AMDAdvanced Micro Devices Inc | 3.11% | 3.05% | 0.06% |
31.0% of OAIW 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.
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Frequently Asked Questions
Which is cheaper, ARKW or OAIW?
ARKW has an expense ratio of 0.76% while OAIW charges 0.59%. OAIW is the cheaper option, by $17 a year on a $10,000 investment.
What is the holdings overlap between ARKW and OAIW?
31.0% of OAIW's money is in holdings ARKW also owns. 31.0% of OAIW'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 26 in OAIW.
Which pays a higher dividend, ARKW or OAIW?
ARKW yields 1.47% while OAIW yields 0.00%, so ARKW currently pays the higher dividend yield.
Is OAIW better than ARKW?
OAIW has a lower expense ratio. ARKW is less concentrated, with 44.6% of the fund in its ten largest positions against 60.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.