ARKR vs. ARKX

Last updated Jun 4, 2026

ARKR (Ark Restaurants Corp.) is a stock, while ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK. Over the past 5 years, ARKR returned -19.12%/yr vs 11.53%/yr for ARKX. At a 0.12 correlation, their price movements are largely independent.

Performance

ARKR vs. ARKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ark Restaurants Corp. (ARKR) and ARK Space Exploration & Innovation ETF (ARKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKR achieves a -6.79% return, which is significantly lower than ARKX's 23.67% return.

ARKR

• 1D: 0.48%
• 1M: -22.36%
• YTD: -6.79%
• 6M: -13.07%
• 1Y: -40.02%
• 3Y*: -28.68%
• 5Y*: -19.12%
• 10Y*: -8.56%

ARKX

• 1D: -2.24%
• 1M: 10.24%
• YTD: 23.67%
• 6M: 28.83%
• 1Y: 69.46%
• 3Y*: 36.41%
• 5Y*: 11.53%
• 10Y*: —

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

ARKR vs. ARKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ARKR Ark Restaurants Corp.	-6.79%	-39.05%	-19.79%	-11.47%	0.44%	-16.50%
ARKX ARK Space Exploration & Innovation ETF	23.67%	48.46%	26.67%	24.37%	-34.27%	-7.14%

Correlation

The correlation between ARKR and ARKX is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Mar 31, 2021	0.12

The correlation between ARKR and ARKX shifts across timeframes, from -0.10 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ARKR vs. ARKX — Risk / Return Rank

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

ARKR

ARKR Risk / Return Rank: 7
ARKR Sharpe Ratio Rank: 7
ARKR Sortino Ratio Rank: 8
ARKR Omega Ratio Rank: 8
ARKR Calmar Ratio Rank: 3
ARKR Martin Ratio Rank: 11

ARKX

ARKX Risk / Return Rank: 58
ARKX Sharpe Ratio Rank: 63
ARKX Sortino Ratio Rank: 56
ARKX Omega Ratio Rank: 51
ARKX Calmar Ratio Rank: 68
ARKX Martin Ratio Rank: 53

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.

ARKR vs. ARKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ark Restaurants Corp. (ARKR) and ARK Space Exploration & Innovation ETF (ARKX). 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.

	ARKR	ARKX	Difference
Sharpe ratio: Return per unit of total volatility	-0.89	2.15	-3.04
Sortino ratio: Return per unit of downside risk	-1.23	2.75	-3.98
Omega ratio: Gain probability vs. loss probability	0.83	1.33	-0.49
Calmar ratio: Return relative to maximum drawdown	-0.96	3.42	-4.38
Martin ratio: Return relative to average drawdown	-1.30	9.20	-10.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARKR vs. ARKX - Sharpe Ratio Comparison

The current ARKR Sharpe Ratio is -0.89, which is lower than the ARKX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of ARKR and ARKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARKR	ARKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	2.15	-3.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.43	0.42	-0.84
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.43	-0.40

Drawdowns

ARKR vs. ARKX - Drawdown Comparison

The maximum ARKR drawdown since its inception was -90.86%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for ARKR and ARKX.

Drawdown Indicators

	ARKR	ARKX	Difference
Max Drawdown Largest peak-to-trough decline	-90.86%	-43.61%	-47.25%
Max Drawdown (1Y) Largest decline over 1 year	-41.72%	-20.42%	-21.30%
Max Drawdown (3Y) Largest decline over 3 years	-66.27%	-25.47%	-40.80%
Max Drawdown (5Y) Largest decline over 5 years	-70.38%	-43.61%	-26.77%
Max Drawdown (10Y) Largest decline over 10 years	-73.10%	—	—
Current Drawdown Current decline from peak	-72.07%	-5.03%	-67.04%
Average Drawdown Average peak-to-trough decline	-37.19%	-19.99%	-17.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.37%	7.57%	+23.80%

Volatility

ARKR vs. ARKX - Volatility Comparison

Ark Restaurants Corp. (ARKR) has a higher volatility of 20.31% compared to ARK Space Exploration & Innovation ETF (ARKX) at 11.01%. This indicates that ARKR's price experiences larger fluctuations and is considered to be riskier than ARKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKR	ARKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.31%	11.01%	+9.30%
Volatility (6M) Calculated over the trailing 6-month period	34.91%	25.01%	+9.90%
Volatility (1Y) Calculated over the trailing 1-year period	45.04%	32.49%	+12.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.05%	27.72%	+17.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.20%	27.42%	+21.78%

Dividends

ARKR vs. ARKX - Dividend Comparison

Neither ARKR nor ARKX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKR Ark Restaurants Corp.	0.00%	0.00%	3.41%	4.89%	2.26%	0.00%	1.29%	4.45%	5.45%	3.70%	4.12%	4.30%
ARKX ARK Space Exploration & Innovation ETF	0.00%	0.00%	0.00%	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 ARKR and ARKX in my portfolio?

ARKR and ARKX have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKR or ARKX?

ARKR has higher volatility (20.31%) compared to ARKX (11.01%). In terms of maximum drawdown, ARKR dropped -90.86% vs ARKX's -43.61%.

Which has better risk-adjusted returns?

ARKX currently has the higher Sharpe Ratio (2.15 vs -0.89), 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.