AOTG vs. ARKK

Last updated Jun 23, 2026

AOTG (AOT Growth and Innovation ETF) and ARKK (ARK Innovation ETF) are both Technology Equities funds. Both are actively managed. Over the past 3 years, AOTG returned 28.49%/yr vs 23.35%/yr for ARKK. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

AOTG vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AOT Growth and Innovation ETF (AOTG) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AOTG achieves a 15.45% return, which is significantly higher than ARKK's 1.96% return.

AOTG

• 1D: -0.16%
• 1M: 7.66%
• YTD: 15.45%
• 6M: 13.97%
• 1Y: 38.96%
• 3Y*: 28.49%
• 5Y*: —
• 10Y*: —

ARKK

• 1D: -2.19%
• 1M: 2.66%
• YTD: 1.96%
• 6M: -3.76%
• 1Y: 15.80%
• 3Y*: 23.35%
• 5Y*: -8.43%
• 10Y*: 16.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AOTG vs. ARKK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AOTG AOT Growth and Innovation ETF	15.45%	25.26%	32.20%	54.58%	-11.14%
ARKK ARK Innovation ETF	1.96%	35.49%	8.40%	69.04%	-25.92%

Correlation

The correlation between AOTG and ARKK is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022	0.82

The correlation between AOTG and ARKK has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.

AOTG vs. ARKK - Sectors Allocation Comparison

Sectors	AOTG	ARKK
Technology	67.4%	25.9%
Communication Services	15.0%	10.0%
Financial Services	9.7%	16.2%
Consumer Cyclical	7.0%	14.1%
Industrials	0.6%	5.7%
Healthcare	0.2%	28.1%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AOTG vs. ARKK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AOTG

AOTG Risk / Return Rank: 39
AOTG Sharpe Ratio Rank: 45
AOTG Sortino Ratio Rank: 41
AOTG Omega Ratio Rank: 42
AOTG Calmar Ratio Rank: 35
AOTG Martin Ratio Rank: 33

ARKK

ARKK Risk / Return Rank: 14
ARKK Sharpe Ratio Rank: 15
ARKK Sortino Ratio Rank: 15
ARKK Omega Ratio Rank: 15
ARKK Calmar Ratio Rank: 14
ARKK Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AOTG vs. ARKK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AOT Growth and Innovation ETF (AOTG) and ARK Innovation ETF (ARKK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AOTG	ARKK	Difference
Sharpe ratio: Return per unit of total volatility	1.53	0.44	+1.09
Sortino ratio: Return per unit of downside risk	2.04	0.85	+1.19
Omega ratio: Gain probability vs. loss probability	1.27	1.10	+0.17
Calmar ratio: Return relative to maximum drawdown	1.71	0.51	+1.21
Martin ratio: Return relative to average drawdown	4.85	1.09	+3.76

AOTG vs. ARKK - Sharpe Ratio Comparison

The current AOTG Sharpe Ratio is 1.53, which is higher than the ARKK Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of AOTG and ARKK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AOTG vs. ARKK - Drawdown Comparison

The maximum AOTG drawdown since its inception was -31.63%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for AOTG and ARKK.

Drawdown Indicators

	AOTG	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	-31.63%	-80.97%	+49.34%
Max Drawdown (1Y) Largest decline over 1 year	-22.85%	-31.35%	+8.50%
Max Drawdown (3Y) Largest decline over 3 years	-27.41%	-39.56%	+12.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-77.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.97%	—
Current Drawdown Current decline from peak	-3.39%	-49.21%	+45.82%
Average Drawdown Average peak-to-trough decline	-7.87%	-30.19%	+22.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.06%	14.53%	-6.47%

Volatility

AOTG vs. ARKK - Volatility Comparison

The current volatility for AOT Growth and Innovation ETF (AOTG) is 11.41%, while ARK Innovation ETF (ARKK) has a volatility of 12.34%. This indicates that AOTG experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AOTG	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.41%	12.34%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	20.89%	26.65%	-5.76%
Volatility (1Y) Calculated over the trailing 1-year period	25.61%	36.20%	-10.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.50%	46.46%	-16.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.50%	40.41%	-10.91%

AOTG vs. ARKK - Expense Ratio Comparison

Both AOTG and ARKK have an expense ratio of 0.75%.

Dividends

AOTG vs. ARKK - Dividend Comparison

Neither AOTG nor ARKK has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOTG AOT Growth and Innovation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ARKK ARK Innovation ETF	0.00%	0.00%	0.00%	0.70%	0.00%	0.55%	1.64%	0.38%	3.14%	1.32%	0.00%	2.27%

Frequently Asked Questions

Can I hold both AOTG and ARKK in my portfolio?

AOTG and ARKK have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AOTG or ARKK?

ARKK has higher volatility (12.34%) compared to AOTG (11.41%). In terms of maximum drawdown, AOTG dropped -31.63% vs ARKK's -80.97%.

Which ETF is better, AOTG or ARKK?

On 3-year performance, AOTG leads with 28.49% vs 23.35% for ARKK. Both ETFs have the same 0.75% expense ratio. On volatility, AOTG has been the lower-risk option at 11.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AOTG or ARKK?

Over the 3-year period, AOTG has performed better with a 28.49% return vs 23.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AOTG or ARKK?

AOTG and ARKK have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AOTG or ARKK?

AOTG and ARKK have nearly identical dividend yields, around 0.00%.

What is the main difference between AOTG and ARKK?

They also come from different issuers: AOT and ARK.

Which has better risk-adjusted returns?

AOTG currently has the higher Sharpe Ratio (1.53 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.