ARKK vs. TARK

Last updated Jun 26, 2026

ARKK (ARK Innovation ETF) and TARK (Tradr 2X Long Innovation ETF) are both exchange-traded funds - ARKK is a Technology Equities fund actively managed by ARK, while TARK is a Leveraged Equities fund actively managed by AXS. Both are actively managed. Over the past 3 years, ARKK returned 22.58%/yr vs 18.16%/yr for TARK. With a 1.00 correlation, they move nearly in lockstep. ARKK charges 0.75%/yr vs 1.15%/yr for TARK.

Performance

ARKK vs. TARK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Innovation ETF (ARKK) and Tradr 2X Long Innovation ETF (TARK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKK achieves a -0.49% return, which is significantly higher than TARK's -11.39% return.

ARKK

• 1D: -0.23%
• 1M: -0.89%
• YTD: -0.49%
• 6M: -5.10%
• 1Y: 10.13%
• 3Y*: 22.58%
• 5Y*: -9.16%
• 10Y*: 16.31%

TARK

• 1D: -0.56%
• 1M: -3.75%
• YTD: -11.39%
• 6M: -19.01%
• 1Y: -1.04%
• 3Y*: 18.16%
• 5Y*: —
• 10Y*: —

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

ARKK vs. TARK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ARKK ARK Innovation ETF	-0.49%	35.49%	8.40%	69.04%	-33.72%
TARK Tradr 2X Long Innovation ETF	-11.39%	41.00%	-4.85%	121.37%	-71.31%

Correlation

The correlation between ARKK and TARK is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (All Time) Calculated using the full available price history since May 2, 2022	1.00

The correlation between ARKK and TARK has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

ARKK vs. TARK — Risk / Return Rank

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

ARKK

ARKK Risk / Return Rank: 13
ARKK Sharpe Ratio Rank: 13
ARKK Sortino Ratio Rank: 14
ARKK Omega Ratio Rank: 13
ARKK Calmar Ratio Rank: 13
ARKK Martin Ratio Rank: 12

TARK

TARK Risk / Return Rank: 10
TARK Sharpe Ratio Rank: 9
TARK Sortino Ratio Rank: 12
TARK Omega Ratio Rank: 11
TARK Calmar Ratio Rank: 9
TARK Martin Ratio Rank: 9

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.

ARKK vs. TARK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and Tradr 2X Long Innovation ETF (TARK). 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.

	ARKK	TARK	Difference
Sharpe ratio: Return per unit of total volatility	0.28	-0.01	+0.30
Sortino ratio: Return per unit of downside risk	0.64	0.49	+0.16
Omega ratio: Gain probability vs. loss probability	1.07	1.06	+0.02
Calmar ratio: Return relative to maximum drawdown	0.32	-0.02	+0.34
Martin ratio: Return relative to average drawdown	0.69	-0.03	+0.73

ARKK vs. TARK - Sharpe Ratio Comparison

The current ARKK Sharpe Ratio is 0.28, which is higher than the TARK Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of ARKK and TARK, 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

ARKK vs. TARK - Drawdown Comparison

The maximum ARKK drawdown since its inception was -80.97%, roughly equal to the maximum TARK drawdown of -77.82%. Use the drawdown chart below to compare losses from any high point for ARKK and TARK.

Drawdown Indicators

	ARKK	TARK	Difference
Max Drawdown Largest peak-to-trough decline	-80.97%	-77.82%	-3.15%
Max Drawdown (1Y) Largest decline over 1 year	-31.35%	-57.57%	+26.22%
Max Drawdown (3Y) Largest decline over 3 years	-39.56%	-65.55%	+25.99%
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	-50.44%	-41.70%	-8.74%
Average Drawdown Average peak-to-trough decline	-30.21%	-50.78%	+20.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.65%	30.93%	-16.28%

Volatility

ARKK vs. TARK - Volatility Comparison

The current volatility for ARK Innovation ETF (ARKK) is 12.48%, while Tradr 2X Long Innovation ETF (TARK) has a volatility of 24.84%. This indicates that ARKK experiences smaller price fluctuations and is considered to be less risky than TARK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKK	TARK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.48%	24.84%	-12.36%
Volatility (6M) Calculated over the trailing 6-month period	26.59%	52.91%	-26.32%
Volatility (1Y) Calculated over the trailing 1-year period	36.11%	71.22%	-35.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.46%	90.58%	-44.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.39%	90.58%	-50.19%

ARKK vs. TARK - Expense Ratio Comparison

ARKK has a 0.75% expense ratio, which is lower than TARK's 1.15% expense ratio.

Dividends

ARKK vs. TARK - Dividend Comparison

ARKK has not paid dividends to shareholders, while TARK's dividend yield for the trailing twelve months is around 33.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
TARK Tradr 2X Long Innovation ETF	33.85%	30.00%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKK and TARK in my portfolio?

With a correlation of 1.00, ARKK and TARK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ARKK or TARK?

TARK has higher volatility (24.84%) compared to ARKK (12.48%). In terms of maximum drawdown, ARKK dropped -80.97% vs TARK's -77.82%.

Which ETF is better, ARKK or TARK?

On 3-year performance, ARKK leads with 22.58% vs 18.16% for TARK. On fees, ARKK is cheaper at 0.75% per year. On volatility, ARKK has been the lower-risk option at 12.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKK or TARK?

Over the 3-year period, ARKK has performed better with a 22.58% return vs 18.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKK or TARK?

ARKK is cheaper with a 0.75% expense ratio, compared with 1.15% for TARK.

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

TARK has the higher dividend yield at 33.85%, compared with 0.00% for ARKK.

What is the main difference between ARKK and TARK?

ARKK is categorized as Technology Equities, while TARK is Leveraged Equities. They also come from different issuers: ARK and AXS. Their fees differ too: 0.75% for ARKK and 1.15% for TARK.

Which has better risk-adjusted returns?

ARKK currently has the higher Sharpe Ratio (0.28 vs -0.01), 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.