ARKW vs. QQJG

Last updated Jun 4, 2026

ARKW (ARK Next Generation Internet ETF) and QQJG (Invesco ESG NASDAQ Next Gen 100 ETF) are both Mid Cap Growth Equities funds. ARKW is actively managed, while QQJG is passively managed. Over the past 3 years, ARKW returned 40.12%/yr vs 14.09%/yr for QQJG. A 0.76 correlation means they provide meaningful diversification when combined. ARKW charges 0.76%/yr vs 0.20%/yr for QQJG.

Performance

ARKW vs. QQJG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Next Generation Internet ETF (ARKW) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKW achieves a -0.79% return, which is significantly lower than QQJG's 1.44% return.

ARKW

• 1D: -2.98%
• 1M: 2.53%
• YTD: -0.79%
• 6M: -3.36%
• 1Y: 19.55%
• 3Y*: 40.12%
• 5Y*: 1.89%
• 10Y*: 22.99%

QQJG

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.44%
• 6M: 1.92%
• 1Y: 18.92%
• 3Y*: 14.09%
• 5Y*: —
• 10Y*: —

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

ARKW vs. QQJG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ARKW ARK Next Generation Internet ETF	-0.79%	38.93%	42.27%	96.89%	-67.49%	-22.59%
QQJG Invesco ESG NASDAQ Next Gen 100 ETF	1.44%	18.05%	14.67%	17.20%	-27.69%	0.91%

Correlation

The correlation between ARKW and QQJG is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.76

Over the past year, the correlation between ARKW and QQJG has dropped to 0.53 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

ARKW vs. QQJG - Sectors Allocation Comparison

Sectors	ARKW	QQJG
Technology	44.2%	44.5%
Consumer Cyclical	16.3%	14.3%
Communication Services	15.0%	6.2%
Financial Services	14.2%	0.1%
Industrials	1.7%	6.4%
Basic Materials	-	2.5%
Consumer Defensive	-	3.4%
Energy	-	1.6%
Healthcare	-	18.2%
Real Estate	-	-
Utilities	-	-

Return for Risk

ARKW vs. QQJG — Risk / Return Rank

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

ARKW

ARKW Risk / Return Rank: 17
ARKW Sharpe Ratio Rank: 18
ARKW Sortino Ratio Rank: 19
ARKW Omega Ratio Rank: 19
ARKW Calmar Ratio Rank: 15
ARKW Martin Ratio Rank: 14

QQJG

QQJG Risk / Return Rank: 45
QQJG Sharpe Ratio Rank: 39
QQJG Sortino Ratio Rank: 38
QQJG Omega Ratio Rank: 46
QQJG Calmar Ratio Rank: 49
QQJG 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.

ARKW vs. QQJG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). 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.

	ARKW	QQJG	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.37	-0.77
Sortino ratio: Return per unit of downside risk	1.01	1.97	-0.96
Omega ratio: Gain probability vs. loss probability	1.12	1.29	-0.17
Calmar ratio: Return relative to maximum drawdown	0.54	2.42	-1.87
Martin ratio: Return relative to average drawdown	1.12	8.87	-7.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARKW vs. QQJG - Sharpe Ratio Comparison

The current ARKW Sharpe Ratio is 0.60, which is lower than the QQJG Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of ARKW and QQJG, 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

	ARKW	QQJG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	1.37	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.17	+0.41

Drawdowns

ARKW vs. QQJG - Drawdown Comparison

The maximum ARKW drawdown since its inception was -80.52%, which is greater than QQJG's maximum drawdown of -36.76%. Use the drawdown chart below to compare losses from any high point for ARKW and QQJG.

Drawdown Indicators

	ARKW	QQJG	Difference
Max Drawdown Largest peak-to-trough decline	-80.52%	-36.76%	-43.76%
Max Drawdown (1Y) Largest decline over 1 year	-36.21%	-7.93%	-28.28%
Max Drawdown (3Y) Largest decline over 3 years	-36.21%	-23.48%	-12.73%
Max Drawdown (5Y) Largest decline over 5 years	-77.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.52%	—	—
Current Drawdown Current decline from peak	-20.48%	-2.09%	-18.39%
Average Drawdown Average peak-to-trough decline	-23.98%	-15.32%	-8.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.52%	2.15%	+15.37%

Volatility

ARKW vs. QQJG - Volatility Comparison

ARK Next Generation Internet ETF (ARKW) has a higher volatility of 7.95% compared to Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) at 0.00%. This indicates that ARKW's price experiences larger fluctuations and is considered to be riskier than QQJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKW	QQJG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.95%	0.00%	+7.95%
Volatility (6M) Calculated over the trailing 6-month period	23.54%	8.32%	+15.22%
Volatility (1Y) Calculated over the trailing 1-year period	32.93%	14.05%	+18.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.49%	21.70%	+21.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.69%	21.70%	+15.99%

ARKW vs. QQJG - Expense Ratio Comparison

ARKW has a 0.76% expense ratio, which is higher than QQJG's 0.20% expense ratio.

Dividends

ARKW vs. QQJG - Dividend Comparison

ARKW's dividend yield for the trailing twelve months is around 1.60%, less than QQJG's 13.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.60%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
QQJG Invesco ESG NASDAQ Next Gen 100 ETF	13.86%	0.68%	0.65%	0.54%	0.70%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKW and QQJG in my portfolio?

ARKW and QQJG have a correlation of 0.53, 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 QQJG?

ARKW has higher volatility (7.95%) compared to QQJG (0.00%). In terms of maximum drawdown, ARKW dropped -80.52% vs QQJG's -36.76%.

Which ETF is better, ARKW or QQJG?

On 3-year performance, ARKW leads with 40.12% vs 14.09% for QQJG. On fees, QQJG is cheaper at 0.20% per year. On volatility, QQJG has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKW or QQJG?

Over the 3-year period, ARKW has performed better with a 40.12% return vs 14.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKW or QQJG?

QQJG is cheaper with a 0.20% expense ratio, compared with 0.76% for ARKW.

Which ETF pays a higher dividend yield, ARKW or QQJG?

QQJG has the higher dividend yield at 13.86%, compared with 1.60% for ARKW.

What is the main difference between ARKW and QQJG?

They also come from different issuers: ARK and Invesco. Their fees differ too: 0.76% for ARKW and 0.20% for QQJG.

Which has better risk-adjusted returns?

QQJG currently has the higher Sharpe Ratio (1.37 vs 0.60), 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.