ARKK vs. USOY
ARKK (ARK Innovation ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - ARKK is a Technology Equities fund actively managed by ARK, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, ARKK returned 34.90% vs 57.29% for USOY. At a correlation of -0.06, they often move in opposite directions. ARKK charges 0.75%/yr vs 1.22%/yr for USOY.
Performance
ARKK vs. USOY - Performance Comparison
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Returns By Period
In the year-to-date period, ARKK achieves a 1.61% return, which is significantly lower than USOY's 62.18% return.
ARKK
- 1D
- -2.19%
- 1M
- -0.09%
- YTD
- 1.61%
- 6M
- -3.21%
- 1Y
- 34.90%
- 3Y*
- 23.72%
- 5Y*
- -6.26%
- 10Y*
- 15.75%
USOY
- 1D
- 1.45%
- 1M
- -3.43%
- YTD
- 62.18%
- 6M
- 59.35%
- 1Y
- 57.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKK vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ARKK ARK Innovation ETF | 1.61% | 35.49% | 32.27% |
USOY Defiance Oil Enhanced Options Income ETF | 62.18% | -7.93% | 7.27% |
Correlation
The correlation between ARKK and USOY is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (All Time) Calculated using the full available price history since May 13, 2024 | -0.06 |
The correlation between ARKK and USOY shifts across timeframes, from -0.21 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ARKK vs. USOY — Risk / Return Rank
ARKK
USOY
ARKK vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and Defiance Oil Enhanced Options Income ETF (USOY). 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.
| ARKK | USOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.35 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 4.03 | -2.91 |
| Martin ratioReturn relative to average drawdown | 2.49 | 7.74 | -5.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARKK | USOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.89 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.99 | -0.64 |
Drawdowns
ARKK vs. USOY - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.97%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for ARKK and USOY.
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Drawdown Indicators
| ARKK | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.97% | -17.46% | -63.51% |
Max Drawdown (1Y)Largest decline over 1 year | -31.35% | -14.29% | -17.06% |
Max Drawdown (3Y)Largest decline over 3 years | -39.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -77.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.97% | — | — |
Current DrawdownCurrent decline from peak | -49.39% | -5.11% | -44.28% |
Average DrawdownAverage peak-to-trough decline | -30.12% | -6.47% | -23.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.06% | 7.42% | +6.64% |
Volatility
ARKK vs. USOY - Volatility Comparison
The current volatility for ARK Innovation ETF (ARKK) is 9.45%, while Defiance Oil Enhanced Options Income ETF (USOY) has a volatility of 11.62%. This indicates that ARKK experiences smaller price fluctuations and is considered to be less risky than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKK | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.45% | 11.62% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 25.08% | 27.18% | -2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.37% | 30.44% | +5.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.28% | 26.13% | +20.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.26% | 26.13% | +14.13% |
ARKK vs. USOY - Expense Ratio Comparison
ARKK has a 0.75% expense ratio, which is lower than USOY's 1.22% expense ratio.
Dividends
ARKK vs. USOY - Dividend Comparison
ARKK has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 54.16%.
| 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% |
USOY Defiance Oil Enhanced Options Income ETF | 54.16% | 104.32% | 48.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ARKK and USOY have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USOY has higher volatility (11.62%) compared to ARKK (9.45%). In terms of maximum drawdown, ARKK dropped -80.97% vs USOY's -17.46%.
On 1-year performance, USOY leads with 57.29% vs 34.90% for ARKK. On fees, ARKK is cheaper at 0.75% per year. On volatility, ARKK has been the lower-risk option at 9.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USOY has performed better with a 57.29% return vs 34.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARKK is cheaper with a 0.75% expense ratio, compared with 1.22% for USOY.
USOY has the higher dividend yield at 54.16%, compared with 0.00% for ARKK.
ARKK is categorized as Technology Equities, while USOY is Derivative Income. They also come from different issuers: ARK and Defiance. Their fees differ too: 0.75% for ARKK and 1.22% for USOY.
USOY currently has the higher Sharpe Ratio (1.89 vs 0.96), 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.
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