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ARKW vs. ESLT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ARKW vs. ESLT

Last updated Jun 13, 2026

ARKW (ARK Next Generation Internet ETF) is Mid Cap Growth Equities fund actively managed by ARK, while ESLT (Elbit Systems Ltd) is a stock. Over the past 10 years, ARKW returned 22.51%/yr vs 26.53%/yr for ESLT. At a 0.26 correlation, their price movements are largely independent.

Performance

ARKW vs. ESLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Next Generation Internet ETF (ARKW) and Elbit Systems Ltd (ESLT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ARKW achieves a -4.37% return, which is significantly lower than ESLT's 48.00% return. Over the past 10 years, ARKW has underperformed ESLT with an annualized return of 22.51%, while ESLT has yielded a comparatively higher 26.53% annualized return.

ARKW

1D
0.87%
1M
-3.08%
YTD
-4.37%
6M
-7.45%
1Y
10.46%
3Y*
36.42%
5Y*
0.46%
10Y*
22.51%

ESLT

1D
-6.48%
1M
9.58%
YTD
48.00%
6M
66.16%
1Y
98.98%
3Y*
60.86%
5Y*
46.38%
10Y*
26.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKW vs. ESLT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ARKW
ARK Next Generation Internet ETF		-4.37%38.93%42.27%96.89%-67.49%-18.85%157.44%35.76%4.24%87.29%
ESLT
Elbit Systems Ltd		48.00%125.14%22.17%31.30%-4.82%34.77%-14.56%37.62%-13.22%32.65%

Correlation

The correlation between ARKW and ESLT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.23

Correlation (10Y)
Calculated over the trailing 10-year period

0.27

Correlation (All Time)
Calculated using the full available price history since Sep 30, 2014

0.26

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ARK Next Generation Internet ETF

Elbit Systems Ltd

Often compared with ARKW:
ARKW vs. ARKKARKW vs. ARKQARKW vs. QQQARKW vs. VOOARKW vs. ARKGARKW vs. SPYARKW vs. ARKVX
Often compared with ESLT:
ESLT vs. RNMBYESLT vs. LXESLT vs. BYRNESLT vs. PPAESLT vs. LHXESLT vs. BWXTESLT vs. QQQ

Return for Risk

ARKW vs. ESLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ARKW
ARKW Risk / Return Rank: 1414
Overall Rank
ARKW Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
ARKW Sortino Ratio Rank: 1515
Sortino Ratio Rank
ARKW Omega Ratio Rank: 1515
Omega Ratio Rank
ARKW Calmar Ratio Rank: 1313
Calmar Ratio Rank
ARKW Martin Ratio Rank: 1212
Martin Ratio Rank
ESLT
ESLT Risk / Return Rank: 9090
Overall Rank
ESLT Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
ESLT Sortino Ratio Rank: 9191
Sortino Ratio Rank
ESLT Omega Ratio Rank: 8888
Omega Ratio Rank
ESLT Calmar Ratio Rank: 8888
Calmar Ratio Rank
ESLT Martin Ratio Rank: 8989
Martin Ratio Rank
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.

ARKW vs. ESLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and Elbit Systems Ltd (ESLT). 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.

ARKWESLTDifference
Sharpe ratioReturn per unit of total volatility
0.32
2.26

-1.94

Sortino ratioReturn per unit of downside risk
0.65
3.19

-2.54

Omega ratioGain probability vs. loss probability

1.08

1.38

-0.30

Calmar ratioReturn relative to maximum drawdown

0.29

3.83

-3.54

Martin ratioReturn relative to average drawdown

0.59

10.61

-10.03

ARKW vs. ESLT - Sharpe Ratio Comparison

The current ARKW Sharpe Ratio is 0.32, which is lower than the ESLT Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of ARKW and ESLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ARKW vs. ESLT - Drawdown Comparison

The maximum ARKW drawdown since its inception was -80.52%, which is greater than ESLT's maximum drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for ARKW and ESLT.

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Drawdown Indicators

ARKWESLTDifference

Max Drawdown

Largest peak-to-trough decline

-80.52%

-53.79%

-26.73%

Max Drawdown (1Y)

Largest decline over 1 year

-36.21%

-25.98%

-10.23%

Max Drawdown (3Y)

Largest decline over 3 years

-36.21%

-25.98%

-10.23%

Max Drawdown (5Y)

Largest decline over 5 years

-77.36%

-32.89%

-44.47%

Max Drawdown (10Y)

Largest decline over 10 years

-80.52%

-32.89%

-47.63%

Current Drawdown

Current decline from peak

-23.35%

-15.71%

-7.64%

Average Drawdown

Average peak-to-trough decline

-23.97%

-13.91%

-10.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.89%

9.36%

+8.53%

Volatility

ARKW vs. ESLT - Volatility Comparison

The current volatility for ARK Next Generation Internet ETF (ARKW) is 10.38%, while Elbit Systems Ltd (ESLT) has a volatility of 19.89%. This indicates that ARKW experiences smaller price fluctuations and is considered to be less risky than ESLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ARKWESLTDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.38%

19.89%

-9.51%

Volatility (6M)

Calculated over the trailing 6-month period

24.57%

35.93%

-11.36%

Volatility (1Y)

Calculated over the trailing 1-year period

32.92%

44.11%

-11.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.59%

33.66%

+9.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.73%

29.42%

+8.31%

Dividends

ARKW vs. ESLT - Dividend Comparison

ARKW's dividend yield for the trailing twelve months is around 1.66%, more than ESLT's 0.36% yield.

PositionTTM20252024202320222021202020192018201720162015
ARKW
ARK Next Generation Internet ETF		1.66%1.59%0.00%0.00%0.00%0.17%1.29%0.00%13.05%2.05%0.00%2.29%
ESLT
Elbit Systems Ltd		0.36%0.47%0.77%0.94%1.22%1.03%1.28%1.14%1.54%1.32%1.57%1.63%

Frequently Asked Questions

ARKW and ESLT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ESLT has higher volatility (19.89%) compared to ARKW (10.38%). In terms of maximum drawdown, ARKW dropped -80.52% vs ESLT's -53.79%.

ESLT currently has the higher Sharpe Ratio (2.26 vs 0.32), 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.

Portfolio Optimizer

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