ARKX vs. GRRR
ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK, while GRRR (Gorilla Technology Group Inc.) is a stock. Over the past 3 years, ARKX returned 31.55%/yr vs -0.38%/yr for GRRR. At a 0.21 correlation, their price movements are largely independent.
Performance
ARKX vs. GRRR - Performance Comparison
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Returns By Period
In the year-to-date period, ARKX achieves a 16.56% return, which is significantly lower than GRRR's 59.34% return.
ARKX
- 1D
- -1.94%
- 1M
- -2.96%
- YTD
- 16.56%
- 6M
- 17.78%
- 1Y
- 52.99%
- 3Y*
- 31.55%
- 5Y*
- 10.38%
- 10Y*
- —
GRRR
- 1D
- -2.14%
- 1M
- 25.54%
- YTD
- 59.34%
- 6M
- 26.64%
- 1Y
- -15.49%
- 3Y*
- -0.38%
- 5Y*
- —
- 10Y*
- —
ARKX vs. GRRR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ARKX ARK Space Exploration & Innovation ETF | 16.56% | 48.46% | 26.67% | 24.37% | -6.84% |
GRRR Gorilla Technology Group Inc. | 59.34% | -39.53% | 234.82% | -93.35% | -45.75% |
Correlation
The correlation between ARKX and GRRR is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | 0.21 |
Over the past year, ARKX and GRRR have become more correlated (0.42) than their long-term average of 0.21, meaning their price movements have been converging.
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Return for Risk
ARKX vs. GRRR — Risk / Return Rank
ARKX
GRRR
ARKX vs. GRRR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and Gorilla Technology Group Inc. (GRRR). 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 | GRRR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.04 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | -0.25 | +2.86 |
| Martin ratioReturn relative to average drawdown | 6.87 | -0.38 | +7.25 |
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Drawdowns
ARKX vs. GRRR - Drawdown Comparison
The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum GRRR drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for ARKX and GRRR.
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Drawdown Indicators
| ARKX | GRRR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -99.38% | +55.77% |
Max Drawdown (1Y)Largest decline over 1 year | -20.42% | -62.45% | +42.03% |
Max Drawdown (3Y)Largest decline over 3 years | -25.47% | -96.27% | +70.80% |
Max Drawdown (5Y)Largest decline over 5 years | -43.61% | — | — |
Current DrawdownCurrent decline from peak | -10.49% | -95.20% | +84.71% |
Average DrawdownAverage peak-to-trough decline | -19.92% | -91.93% | +72.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 41.22% | -33.48% |
Volatility
ARKX vs. GRRR - Volatility Comparison
The current volatility for ARK Space Exploration & Innovation ETF (ARKX) is 12.77%, while Gorilla Technology Group Inc. (GRRR) has a volatility of 33.91%. This indicates that ARKX experiences smaller price fluctuations and is considered to be less risky than GRRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKX | GRRR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.77% | 33.91% | -21.14% |
Volatility (6M)Calculated over the trailing 6-month period | 26.51% | 59.91% | -33.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.50% | 87.88% | -54.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.02% | 163.67% | -135.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.65% | 163.67% | -136.02% |
Dividends
ARKX vs. GRRR - Dividend Comparison
Neither ARKX nor GRRR has paid dividends to shareholders.
Frequently Asked Questions
ARKX and GRRR have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRRR has higher volatility (33.91%) compared to ARKX (12.77%). In terms of maximum drawdown, ARKX dropped -43.61% vs GRRR's -99.38%.
ARKX currently has the higher Sharpe Ratio (1.59 vs -0.18), 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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