ARKW vs. O

Last updated Jun 16, 2026

ARKW (ARK Next Generation Internet ETF) is Mid Cap Growth Equities fund actively managed by ARK, while O (Realty Income Corporation) is a stock. Over the past 10 years, ARKW returned 22.86%/yr vs 4.82%/yr for O. At a 0.16 correlation, their price movements are largely independent.

Performance

ARKW vs. O - Performance Comparison

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

Returns By Period

In the year-to-date period, ARKW achieves a -0.20% return, which is significantly lower than O's 12.65% return. Over the past 10 years, ARKW has outperformed O with an annualized return of 22.86%, while O has yielded a comparatively lower 4.82% annualized return.

ARKW

• 1D: 4.36%
• 1M: 3.03%
• YTD: -0.20%
• 6M: -1.16%
• 1Y: 15.15%
• 3Y*: 37.73%
• 5Y*: 1.45%
• 10Y*: 22.86%

O

• 1D: -0.92%
• 1M: 2.12%
• YTD: 12.65%
• 6M: 9.85%
• 1Y: 13.82%
• 3Y*: 6.15%
• 5Y*: 3.87%
• 10Y*: 4.82%

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

ARKW vs. O - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARKW ARK Next Generation Internet ETF	-0.20%	38.93%	42.27%	96.89%	-67.49%	-18.85%	157.44%	35.76%	4.24%	87.29%
O Realty Income Corporation	12.65%	12.20%	-2.11%	-4.55%	-7.38%	23.95%	-11.60%	21.27%	15.94%	3.67%

Correlation

The correlation between ARKW and O is -0.11, 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	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Sep 30, 2014	0.16

The correlation between ARKW and O shifts across timeframes, from -0.11 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ARKW vs. O — Risk / Return Rank

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

ARKW

ARKW Risk / Return Rank: 16
ARKW Sharpe Ratio Rank: 17
ARKW Sortino Ratio Rank: 17
ARKW Omega Ratio Rank: 17
ARKW Calmar Ratio Rank: 15
ARKW Martin Ratio Rank: 13

O

O Risk / Return Rank: 65
O Sharpe Ratio Rank: 69
O Sortino Ratio Rank: 61
O Omega Ratio Rank: 59
O Calmar Ratio Rank: 67
O Martin Ratio Rank: 68

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. O - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and Realty Income Corporation (O). 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.

	ARKW	O	Difference
Sharpe ratio: Return per unit of total volatility	0.46	0.86	-0.40
Sortino ratio: Return per unit of downside risk	0.83	1.22	-0.39
Omega ratio: Gain probability vs. loss probability	1.10	1.15	-0.05
Calmar ratio: Return relative to maximum drawdown	0.42	1.25	-0.83
Martin ratio: Return relative to average drawdown	0.85	3.01	-2.16

ARKW vs. O - Sharpe Ratio Comparison

The current ARKW Sharpe Ratio is 0.46, which is lower than the O Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of ARKW and O, 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

ARKW vs. O - Drawdown Comparison

The maximum ARKW drawdown since its inception was -80.52%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for ARKW and O.

Drawdown Indicators

	ARKW	O	Difference
Max Drawdown Largest peak-to-trough decline	-80.52%	-48.45%	-32.07%
Max Drawdown (1Y) Largest decline over 1 year	-36.21%	-11.10%	-25.11%
Max Drawdown (3Y) Largest decline over 3 years	-36.21%	-26.49%	-9.72%
Max Drawdown (5Y) Largest decline over 5 years	-77.36%	-34.48%	-42.88%
Max Drawdown (10Y) Largest decline over 10 years	-80.52%	-48.28%	-32.24%
Current Drawdown Current decline from peak	-20.01%	-6.81%	-13.20%
Average Drawdown Average peak-to-trough decline	-23.97%	-9.20%	-14.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.93%	4.60%	+13.33%

Volatility

ARKW vs. O - Volatility Comparison

ARK Next Generation Internet ETF (ARKW) has a higher volatility of 11.21% compared to Realty Income Corporation (O) at 5.35%. This indicates that ARKW's price experiences larger fluctuations and is considered to be riskier than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKW	O	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.21%	5.35%	+5.86%
Volatility (6M) Calculated over the trailing 6-month period	24.94%	11.99%	+12.95%
Volatility (1Y) Calculated over the trailing 1-year period	33.21%	16.26%	+16.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.64%	18.92%	+24.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.77%	25.65%	+12.12%

Dividends

ARKW vs. O - Dividend Comparison

ARKW's dividend yield for the trailing twelve months is around 1.59%, less than O's 5.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.59%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
O Realty Income Corporation	5.21%	6.19%	5.37%	5.33%	4.68%	3.87%	4.51%	3.69%	4.19%	4.45%	4.18%	4.41%

Frequently Asked Questions

Can I hold both ARKW and O in my portfolio?

ARKW and O have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKW or O?

ARKW has higher volatility (11.21%) compared to O (5.35%). In terms of maximum drawdown, ARKW dropped -80.52% vs O's -48.45%.

Which has better risk-adjusted returns?

O currently has the higher Sharpe Ratio (0.86 vs 0.46), 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.