ARKX vs. ARQQ
ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK, while ARQQ (Arqit Quantum Inc.) is a stock. Over the past 3 years, ARKX returned 31.55%/yr vs -28.53%/yr for ARQQ. At a 0.37 correlation, their price movements are largely independent.
Performance
ARKX vs. ARQQ - Performance Comparison
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Returns By Period
In the year-to-date period, ARKX achieves a 16.56% return, which is significantly higher than ARQQ's -37.84% return.
ARKX
- 1D
- -1.94%
- 1M
- -2.96%
- YTD
- 16.56%
- 6M
- 17.78%
- 1Y
- 52.99%
- 3Y*
- 31.55%
- 5Y*
- 10.38%
- 10Y*
- —
ARQQ
- 1D
- -0.66%
- 1M
- -1.66%
- YTD
- -37.84%
- 6M
- -52.03%
- 1Y
- -49.10%
- 3Y*
- -28.53%
- 5Y*
- —
- 10Y*
- —
ARKX vs. ARQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARKX ARK Space Exploration & Innovation ETF | 16.56% | 48.46% | 26.67% | 24.37% | -34.27% | -11.04% |
ARQQ Arqit Quantum Inc. | -37.84% | -43.67% | 227.76% | -86.87% | -84.93% | 158.92% |
Correlation
The correlation between ARKX and ARQQ is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2021 | 0.37 |
Over the past year, ARKX and ARQQ have become more correlated (0.61) than their long-term average of 0.37, meaning their price movements have been converging.
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Return for Risk
ARKX vs. ARQQ — Risk / Return Rank
ARKX
ARQQ
ARKX vs. ARQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and Arqit Quantum Inc. (ARQQ). 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.
| ARKX | ARQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.06 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.98 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | -0.62 | +3.23 |
| Martin ratioReturn relative to average drawdown | 6.87 | -0.91 | +7.78 |
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Drawdowns
ARKX vs. ARQQ - Drawdown Comparison
The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum ARQQ drawdown of -99.60%. Use the drawdown chart below to compare losses from any high point for ARKX and ARQQ.
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Drawdown Indicators
| ARKX | ARQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -99.60% | +55.99% |
Max Drawdown (1Y)Largest decline over 1 year | -20.42% | -79.78% | +59.36% |
Max Drawdown (3Y)Largest decline over 3 years | -25.47% | -89.76% | +64.29% |
Max Drawdown (5Y)Largest decline over 5 years | -43.61% | — | — |
Current DrawdownCurrent decline from peak | -10.49% | -98.57% | +88.08% |
Average DrawdownAverage peak-to-trough decline | -19.92% | -88.78% | +68.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 53.78% | -46.04% |
Volatility
ARKX vs. ARQQ - Volatility Comparison
The current volatility for ARK Space Exploration & Innovation ETF (ARKX) is 12.77%, while Arqit Quantum Inc. (ARQQ) has a volatility of 35.65%. This indicates that ARKX experiences smaller price fluctuations and is considered to be less risky than ARQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKX | ARQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.77% | 35.65% | -22.88% |
Volatility (6M)Calculated over the trailing 6-month period | 26.51% | 64.49% | -37.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.50% | 104.65% | -71.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.02% | 134.12% | -106.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.65% | 134.12% | -106.47% |
Dividends
ARKX vs. ARQQ - Dividend Comparison
Neither ARKX nor ARQQ has paid dividends to shareholders.
Frequently Asked Questions
ARKX and ARQQ have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARQQ has higher volatility (35.65%) compared to ARKX (12.77%). In terms of maximum drawdown, ARKX dropped -43.61% vs ARQQ's -99.60%.
ARKX currently has the higher Sharpe Ratio (1.59 vs -0.47), 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.
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