ARKF vs. MPWR

Last updated Jun 13, 2026

ARKF (ARK Fintech Innovation ETF) is Blockchain fund actively managed by ARK, while MPWR (Monolithic Power Systems, Inc.) is a stock. Over the past 5 years, ARKF returned -5.06%/yr vs 36.35%/yr for MPWR. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

ARKF vs. MPWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Fintech Innovation ETF (ARKF) and Monolithic Power Systems, Inc. (MPWR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKF achieves a -18.31% return, which is significantly lower than MPWR's 74.38% return.

ARKF

• 1D: 0.00%
• 1M: -5.76%
• YTD: -18.31%
• 6M: -21.31%
• 1Y: -11.87%
• 3Y*: 23.97%
• 5Y*: -5.06%
• 10Y*: —

MPWR

• 1D: -0.77%
• 1M: -4.43%
• YTD: 74.38%
• 6M: 67.26%
• 1Y: 121.18%
• 3Y*: 44.43%
• 5Y*: 36.35%
• 10Y*: 37.94%

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

ARKF vs. MPWR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ARKF ARK Fintech Innovation ETF	-18.31%	28.67%	34.34%	93.27%	-65.07%	-17.82%	108.03%	20.45%
MPWR Monolithic Power Systems, Inc.	74.38%	54.45%	-5.55%	79.78%	-27.78%	35.49%	107.49%	38.92%

Correlation

The correlation between ARKF and MPWR is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Feb 4, 2019	0.62

Over the past year, the correlation between ARKF and MPWR has dropped to 0.34 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

ARKF vs. MPWR — Risk / Return Rank

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

ARKF

ARKF Risk / Return Rank: 7
ARKF Sharpe Ratio Rank: 6
ARKF Sortino Ratio Rank: 7
ARKF Omega Ratio Rank: 7
ARKF Calmar Ratio Rank: 7
ARKF Martin Ratio Rank: 7

MPWR

MPWR Risk / Return Rank: 91
MPWR Sharpe Ratio Rank: 93
MPWR Sortino Ratio Rank: 90
MPWR Omega Ratio Rank: 88
MPWR Calmar Ratio Rank: 93
MPWR Martin Ratio Rank: 93

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.

ARKF vs. MPWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and Monolithic Power Systems, Inc. (MPWR). 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.

	ARKF	MPWR	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	2.51	-2.87
Sortino ratio: Return per unit of downside risk	-0.28	3.00	-3.28
Omega ratio: Gain probability vs. loss probability	0.97	1.37	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.31	5.43	-5.74
Martin ratio: Return relative to average drawdown	-0.57	14.45	-15.02

ARKF vs. MPWR - Sharpe Ratio Comparison

The current ARKF Sharpe Ratio is -0.35, which is lower than the MPWR Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of ARKF and MPWR, 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

ARKF vs. MPWR - Drawdown Comparison

The maximum ARKF drawdown since its inception was -78.63%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for ARKF and MPWR.

Drawdown Indicators

	ARKF	MPWR	Difference
Max Drawdown Largest peak-to-trough decline	-78.63%	-72.27%	-6.36%
Max Drawdown (1Y) Largest decline over 1 year	-38.50%	-22.45%	-16.05%
Max Drawdown (3Y) Largest decline over 3 years	-38.50%	-51.65%	+13.15%
Max Drawdown (5Y) Largest decline over 5 years	-75.30%	-51.65%	-23.65%
Max Drawdown (10Y) Largest decline over 10 years	—	-51.65%	—
Current Drawdown Current decline from peak	-38.77%	-6.66%	-32.11%
Average Drawdown Average peak-to-trough decline	-34.95%	-17.71%	-17.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.00%	8.44%	+12.56%

Volatility

ARKF vs. MPWR - Volatility Comparison

The current volatility for ARK Fintech Innovation ETF (ARKF) is 10.36%, while Monolithic Power Systems, Inc. (MPWR) has a volatility of 20.33%. This indicates that ARKF experiences smaller price fluctuations and is considered to be less risky than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKF	MPWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.36%	20.33%	-9.97%
Volatility (6M) Calculated over the trailing 6-month period	25.14%	37.42%	-12.28%
Volatility (1Y) Calculated over the trailing 1-year period	33.69%	48.53%	-14.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.87%	53.53%	-10.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.77%	47.23%	-7.46%

Dividends

ARKF vs. MPWR - Dividend Comparison

ARKF's dividend yield for the trailing twelve months is around 0.11%, less than MPWR's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKF ARK Fintech Innovation ETF	0.11%	0.09%	0.00%	0.00%	0.00%	0.00%	0.37%	1.25%	0.00%	0.00%	0.00%	0.00%
MPWR Monolithic Power Systems, Inc.	0.42%	0.69%	0.85%	0.63%	0.85%	0.49%	0.55%	0.90%	1.03%	0.71%	0.98%	1.26%

Frequently Asked Questions

Can I hold both ARKF and MPWR in my portfolio?

ARKF and MPWR have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKF or MPWR?

MPWR has higher volatility (20.33%) compared to ARKF (10.36%). In terms of maximum drawdown, ARKF dropped -78.63% vs MPWR's -72.27%.

Which has better risk-adjusted returns?

MPWR currently has the higher Sharpe Ratio (2.51 vs -0.35), 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.