ARKG vs. ARKW

Last updated Aug 4, 2026

ARKG (ARK Genomic Revolution Multi-Sector ETF) and ARKW (ARK Next Generation Internet ETF) are both exchange-traded funds - ARKG is a Health & Biotech Equities fund actively managed by ARK, while ARKW is a Mid Cap Growth Equities fund actively managed by ARK. Both are actively managed. Over the past 10 years, ARKG returned 8.21%/yr vs 21.34%/yr for ARKW. Their 0.72 correlation means they have sometimes moved together and sometimes differently. ARKG charges 0.75%/yr vs 0.76%/yr for ARKW.

Performance

ARKG vs. ARKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Genomic Revolution Multi-Sector ETF (ARKG) and ARK Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKG achieves a 36.76% return, which is significantly higher than ARKW's -4.64% return. Over the past 10 years, ARKG has underperformed ARKW with an annualized return of 8.21%, while ARKW has yielded a comparatively higher 21.34% annualized return.

ARKG

• 1D: 2.75%
• 1M: -7.67%
• 6M: 29.39%
• YTD: 36.76%
• 1Y: 68.17%
• 3Y*: 5.24%
• 5Y*: -14.10%
• 10Y*: 8.21%
• ALL TIME*: 6.43%

ARKW

• 1D: 2.95%
• 1M: -2.97%
• 6M: 4.60%
• YTD: -4.64%
• 1Y: -4.74%
• 3Y*: 32.39%
• 5Y*: -0.92%
• 10Y*: 21.34%
• ALL TIME*: 19.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARKG ARK Genomic Revolution Multi-Sector ETF	$89.48M	$114.37M	$122.55M
ARKW ARK Next Generation Internet ETF	$8.17M	$12.26M	$13.73M

ARKG vs. ARKW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARKG ARK Genomic Revolution Multi-Sector ETF	36.76%	23.04%	-28.24%	16.22%	-53.90%	-33.92%	180.40%	44.00%	-1.26%	46.61%
ARKW ARK Next Generation Internet ETF	-4.64%	38.93%	42.27%	96.89%	-67.49%	-18.85%	157.44%	35.76%	4.24%	87.29%

Correlation

The correlation between ARKG and ARKW is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (3Y) Balances recent behavior with more history.	0.66
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Oct 31, 2014	0.72

The correlation between ARKG and ARKW shifts across timeframes, from 0.62 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.

ARKG vs. ARKW - Sectors Allocation Comparison

Sectors	ARKG	ARKW
Healthcare	97.3%	-
Technology	2.0%	49.7%
Financial Services	0.9%	14.7%
Basic Materials	-	-
Communication Services	-	15.3%
Consumer Cyclical	-	16.8%
Consumer Defensive	-	-
Energy	-	-
Industrials	-	3.5%
Real Estate	-	-
Utilities	-	-

Return for Risk

ARKG vs. ARKW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARKG

ARKG Risk / Return Rank: 63
ARKG Sharpe Ratio Rank: 68
ARKG Sortino Ratio Rank: 69
ARKG Omega Ratio Rank: 59
ARKG Calmar Ratio Rank: 70
ARKG Martin Ratio Rank: 50

ARKW

ARKW Risk / Return Rank: 9
ARKW Sharpe Ratio Rank: 9
ARKW Sortino Ratio Rank: 10
ARKW Omega Ratio Rank: 10
ARKW Calmar Ratio Rank: 10
ARKW Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARKG vs. ARKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and ARK Next Generation Internet ETF (ARKW). 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.

	ARKG	ARKW	Difference
Sharpe ratio: Return per unit of total volatility	1.59	-0.14	+1.73
Sortino ratio: Return per unit of downside risk	2.30	0.03	+2.27
Omega ratio: Gain probability vs. loss probability	1.26	1.00	+0.26
Calmar ratio: Return relative to maximum drawdown	2.49	-0.13	+2.62
Martin ratio: Return relative to average drawdown	5.96	-0.25	+6.20

ARKG vs. ARKW - Sharpe Ratio Comparison

The current ARKG Sharpe Ratio is 1.59, which is higher than the ARKW Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of ARKG and ARKW, 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

ARKG vs. ARKW - Drawdown Comparison

The maximum ARKG drawdown since its inception was -83.59%, roughly equal to the maximum ARKW drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for ARKG and ARKW.

Drawdown Indicators

	ARKG	ARKW	Difference
Max Drawdown Largest peak-to-trough decline	-83.59%	-80.52%	-3.07%
Max Drawdown (1Y) Largest decline over 1 year	-27.51%	-36.21%	+8.70%
Max Drawdown (3Y) Largest decline over 3 years	-46.45%	-36.21%	-10.24%
Max Drawdown (5Y) Largest decline over 5 years	-79.26%	-77.36%	-1.90%
Max Drawdown (10Y) Largest decline over 10 years	-83.59%	-80.52%	-3.07%
Current Drawdown Current decline from peak	-64.55%	-23.57%	-40.98%
Average Drawdown Average peak-to-trough decline	-36.28%	-23.95%	-12.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.47%	19.38%	-7.91%

Volatility

ARKG vs. ARKW - Volatility Comparison

ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 10.89% compared to ARK Next Generation Internet ETF (ARKW) at 9.38%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKG	ARKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.89%	9.38%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	31.22%	25.80%	+5.42%
Volatility (1Y) Calculated over the trailing 1-year period	43.14%	33.40%	+9.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.21%	43.79%	+2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.45%	37.84%	+3.61%

ARKG vs. ARKW - Expense Ratio Comparison

ARKG has a 0.75% expense ratio, which is lower than ARKW's 0.76% expense ratio.

Dividends

ARKG vs. ARKW - Dividend Comparison

ARKG has not paid dividends to shareholders, while ARKW's dividend yield for the trailing twelve months is around 1.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKG ARK Genomic Revolution Multi-Sector ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.62%	0.85%	3.14%	0.82%	1.34%	0.00%	0.00%
ARKW ARK Next Generation Internet ETF	1.67%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%

Frequently Asked Questions

Can I hold both ARKG and ARKW in my portfolio?

ARKG and ARKW have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKG or ARKW?

ARKG has higher volatility (10.89%) compared to ARKW (9.38%). In terms of maximum drawdown, ARKG dropped -83.59% vs ARKW's -80.52%.

Which ETF is better, ARKG or ARKW?

On 10-year performance, ARKW leads with 21.34% vs 8.21% for ARKG. On fees, ARKG is cheaper at 0.75% per year. On volatility, ARKW has been the lower-risk option at 9.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKG or ARKW?

Over the 10-year period, ARKW has performed better with a 21.34% return vs 8.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKG or ARKW?

ARKG is cheaper with a 0.75% expense ratio, compared with 0.76% for ARKW.

Which ETF pays a higher dividend yield, ARKG or ARKW?

ARKW has the higher dividend yield at 1.67%, compared with 0.00% for ARKG.

What is the main difference between ARKG and ARKW?

ARKG is categorized as Health & Biotech Equities, while ARKW is Mid Cap Growth Equities. Their fees differ too: 0.75% for ARKG and 0.76% for ARKW.

Which has better risk-adjusted returns?

ARKG currently has the higher Sharpe Ratio (1.59 vs -0.14), 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.