ARKG vs. XLVI

Last updated Jun 4, 2026

ARKG (ARK Genomic Revolution Multi-Sector ETF) and XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) are both exchange-traded funds - ARKG is a Health & Biotech Equities fund actively managed by ARK, while XLVI is a Derivative Income fund actively managed by State Street. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. ARKG charges 0.75%/yr vs 0.35%/yr for XLVI.

Performance

ARKG vs. XLVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Genomic Revolution Multi-Sector ETF (ARKG) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKG achieves a 17.09% return, which is significantly higher than XLVI's -0.67% return.

ARKG

• 1D: -0.24%
• 1M: 10.92%
• YTD: 17.09%
• 6M: 10.02%
• 1Y: 53.35%
• 3Y*: 0.67%
• 5Y*: -15.72%
• 10Y*: 7.22%

XLVI

• 1D: 0.67%
• 1M: 2.30%
• YTD: -0.67%
• 6M: 0.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKG vs. XLVI - Yearly Performance Comparison

	2026 (YTD)	2025
ARKG ARK Genomic Revolution Multi-Sector ETF	17.09%	18.24%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	-0.67%	12.79%

Correlation

The correlation between ARKG and XLVI is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.42

ARKG vs. XLVI - Sectors Allocation Comparison

Sectors	ARKG	XLVI
Healthcare	99.2%	-
Financial Services	0.5%	100.6%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

ARKG vs. XLVI — Risk / Return Rank

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

ARKG

ARKG Risk / Return Rank: 35
ARKG Sharpe Ratio Rank: 35
ARKG Sortino Ratio Rank: 37
ARKG Omega Ratio Rank: 32
ARKG Calmar Ratio Rank: 38
ARKG Martin Ratio Rank: 31

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.

ARKG vs. XLVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). 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.

	ARKG	XLVI	Difference
Sharpe ratio: Return per unit of total volatility	1.31	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.95	—	—
Martin ratio: Return relative to average drawdown	4.67	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ARKG	XLVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	1.33	-1.19

Drawdowns

ARKG vs. XLVI - Drawdown Comparison

The maximum ARKG drawdown since its inception was -83.59%, which is greater than XLVI's maximum drawdown of -8.14%. Use the drawdown chart below to compare losses from any high point for ARKG and XLVI.

Drawdown Indicators

	ARKG	XLVI	Difference
Max Drawdown Largest peak-to-trough decline	-83.59%	-8.14%	-75.45%
Max Drawdown (1Y) Largest decline over 1 year	-27.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-51.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-80.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-83.59%	—	—
Current Drawdown Current decline from peak	-69.65%	-4.02%	-65.63%
Average Drawdown Average peak-to-trough decline	-35.87%	-1.95%	-33.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.46%	—	—

Volatility

Volatility by Period

	ARKG	XLVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.12%	10.94%	+30.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.61%	10.94%	+34.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.12%	10.94%	+30.18%

ARKG vs. XLVI - Expense Ratio Comparison

ARKG has a 0.75% expense ratio, which is higher than XLVI's 0.35% expense ratio.

Dividends

ARKG vs. XLVI - Dividend Comparison

ARKG has not paid dividends to shareholders, while XLVI's dividend yield for the trailing twelve months is around 11.53%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	11.53%	5.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKG and XLVI in my portfolio?

ARKG and XLVI have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKG or XLVI?

On fees, XLVI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKG or XLVI?

XLVI is cheaper with a 0.35% expense ratio, compared with 0.75% for ARKG.

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

XLVI has the higher dividend yield at 11.53%, compared with 0.00% for ARKG.

What is the main difference between ARKG and XLVI?

ARKG is categorized as Health & Biotech Equities, while XLVI is Derivative Income. They also come from different issuers: ARK and State Street. Their fees differ too: 0.75% for ARKG and 0.35% for XLVI.