ARKVX vs. ARKK

Last updated Jun 3, 2026

ARKVX (ARK Venture Fund) and ARKK (ARK Innovation ETF) are both Technology Equities funds from ARK. Both are actively managed. Over the past 3 years, ARKVX returned 36.96%/yr vs 24.63%/yr for ARKK. Their correlation of 0.84 suggests significant overlap in exposure. ARKVX charges 2.90%/yr vs 0.75%/yr for ARKK.

Performance

ARKVX vs. ARKK - Performance Comparison

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

Returns By Period

In the year-to-date period, ARKVX achieves a 12.39% return, which is significantly higher than ARKK's 3.89% return.

ARKVX

• 1D: -0.27%
• 1M: 3.04%
• YTD: 12.39%
• 6M: 28.64%
• 1Y: 70.94%
• 3Y*: 36.96%
• 5Y*: —
• 10Y*: —

ARKK

• 1D: -1.66%
• 1M: 3.89%
• YTD: 3.89%
• 6M: 2.16%
• 1Y: 39.87%
• 3Y*: 24.63%
• 5Y*: -5.49%
• 10Y*: 16.01%

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

ARKVX vs. ARKK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ARKVX ARK Venture Fund	12.39%	55.68%	6.69%	61.25%	-6.24%
ARKK ARK Innovation ETF	3.89%	35.49%	8.40%	69.04%	-10.72%

Correlation

The correlation between ARKVX and ARKK is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Nov 8, 2022	0.84

The correlation between ARKVX and ARKK has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.

Return for Risk

ARKVX vs. ARKK — Risk / Return Rank

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

ARKVX

ARKVX Risk / Return Rank: 98
ARKVX Sharpe Ratio Rank: 99
ARKVX Sortino Ratio Rank: 99
ARKVX Omega Ratio Rank: 98
ARKVX Calmar Ratio Rank: 98
ARKVX Martin Ratio Rank: 98

ARKK

ARKK Risk / Return Rank: 28
ARKK Sharpe Ratio Rank: 30
ARKK Sortino Ratio Rank: 31
ARKK Omega Ratio Rank: 28
ARKK Calmar Ratio Rank: 27
ARKK Martin Ratio Rank: 23

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.

ARKVX vs. ARKK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Venture Fund (ARKVX) and ARK Innovation ETF (ARKK). 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.

	ARKVX	ARKK	Difference
Sharpe ratio Return per unit of total volatility	4.07	1.10	+2.96
Sortino ratio Return per unit of downside risk	11.25	1.67	+9.58
Omega ratio Gain probability vs. loss probability	2.41	1.19	+1.21
Calmar ratio Return relative to maximum drawdown	8.63	1.33	+7.30
Martin ratio Return relative to average drawdown	33.57	2.98	+30.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARKVX vs. ARKK - Sharpe Ratio Comparison

The current ARKVX Sharpe Ratio is 4.07, which is higher than the ARKK Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of ARKVX and ARKK, 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

	ARKVX	ARKK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.07	1.10	+2.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.86	0.35	+1.51

Drawdowns

ARKVX vs. ARKK - Drawdown Comparison

The maximum ARKVX drawdown since its inception was -19.10%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for ARKVX and ARKK.

Drawdown Indicators

	ARKVX	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	-19.10%	-80.97%	+61.87%
Max Drawdown (1Y) Largest decline over 1 year	-8.14%	-31.35%	+23.21%
Max Drawdown (3Y) Largest decline over 3 years	-19.10%	-39.56%	+20.46%
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	-0.27%	-48.26%	+47.99%
Average Drawdown Average peak-to-trough decline	-4.20%	-30.11%	+25.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	14.03%	-11.94%

Volatility

ARKVX vs. ARKK - Volatility Comparison

The current volatility for ARK Venture Fund (ARKVX) is 4.35%, while ARK Innovation ETF (ARKK) has a volatility of 9.30%. This indicates that ARKVX experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKVX	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	9.30%	-4.95%
Volatility (6M) Calculated over the trailing 6-month period	13.19%	25.13%	-11.94%
Volatility (1Y) Calculated over the trailing 1-year period	18.53%	36.31%	-17.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.68%	46.30%	-27.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	40.27%	-21.59%

ARKVX vs. ARKK - Expense Ratio Comparison

ARKVX has a 2.90% expense ratio, which is higher than ARKK's 0.75% expense ratio.

Dividends

ARKVX vs. ARKK - Dividend Comparison

Neither ARKVX nor ARKK has paid dividends to shareholders.

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%
ARKVX ARK Venture Fund	0.00%	0.00%	0.32%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKVX and ARKK in my portfolio?

ARKVX and ARKK have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKVX or ARKK?

ARKK has higher volatility (9.30%) compared to ARKVX (4.35%). In terms of maximum drawdown, ARKVX dropped -19.10% vs ARKK's -80.97%.

Which has better risk-adjusted returns?

ARKVX currently has the higher Sharpe Ratio (4.07 vs 1.10), 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.