ARKX vs. WAR

Last updated Jul 14, 2026

ARKX (ARK Space Exploration & Innovation ETF) and WAR (U.S. Global Technology and Aerospace & Defense ETF) are both Aerospace & Defense funds. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. ARKX charges 0.75%/yr vs 0.60%/yr for WAR.

Performance

ARKX vs. WAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Space Exploration & Innovation ETF (ARKX) and U.S. Global Technology and Aerospace & Defense ETF (WAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARKX

• 1D: -2.34%
• 1M: -7.34%
• 6M: -8.18%
• YTD: 8.01%
• 1Y: 25.35%
• 3Y*: 27.08%
• 5Y*: 8.82%
• 10Y*: —

WAR

• 1D: -4.30%
• 1M: -7.86%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKX vs. WAR - Yearly Performance Comparison

	2026 (YTD)
ARKX ARK Space Exploration & Innovation ETF	-11.63%
WAR U.S. Global Technology and Aerospace & Defense ETF	-9.77%

Correlation

The correlation between ARKX and WAR is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.79

ARKX vs. WAR - Sectors Allocation Comparison

Sectors	ARKX	WAR
Industrials	56.2%	36.5%
Technology	27.0%	61.4%
Communication Services	7.6%	2.2%
Consumer Cyclical	7.5%	-
Healthcare	1.7%	-
Basic Materials	0.0%	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	2.7%
Real Estate	-	-
Utilities	-	-

Return for Risk

ARKX vs. WAR — Risk / Return Rank

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

ARKX

ARKX Risk / Return Rank: 27
ARKX Sharpe Ratio Rank: 26
ARKX Sortino Ratio Rank: 26
ARKX Omega Ratio Rank: 24
ARKX Calmar Ratio Rank: 31
ARKX Martin Ratio Rank: 27

WAR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ARKX vs. WAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and U.S. Global Technology and Aerospace & Defense ETF (WAR). 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	WAR	Difference
Sharpe ratio: Return per unit of total volatility	0.75	—	—
Sortino ratio: Return per unit of downside risk	1.23	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.25	—	—
Martin ratio: Return relative to average drawdown	3.01	—	—

Drawdowns

ARKX vs. WAR - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, which is greater than WAR's maximum drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for ARKX and WAR.

Drawdown Indicators

	ARKX	WAR	Difference
Max Drawdown Largest peak-to-trough decline	-43.61%	-15.43%	-28.18%
Max Drawdown (1Y) Largest decline over 1 year	-20.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.61%	—	—
Current Drawdown Current decline from peak	-17.06%	-15.43%	-1.63%
Average Drawdown Average peak-to-trough decline	-19.80%	-7.29%	-12.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.45%	—	—

Volatility

Volatility by Period

	ARKX	WAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.24%	49.13%	-14.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.32%	49.13%	-20.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.76%	49.13%	-21.37%

ARKX vs. WAR - Expense Ratio Comparison

ARKX has a 0.75% expense ratio, which is higher than WAR's 0.60% expense ratio.

Dividends

ARKX vs. WAR - Dividend Comparison

Neither ARKX nor WAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ARKX and WAR in my portfolio?

ARKX and WAR have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKX or WAR?

On fees, WAR is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKX or WAR?

WAR is cheaper with a 0.60% expense ratio, compared with 0.75% for ARKX.

Which ETF pays a higher dividend yield, ARKX or WAR?

ARKX and WAR have nearly identical dividend yields, around 0.00%.

What is the main difference between ARKX and WAR?

They also come from different issuers: ARK and US Global. Their fees differ too: 0.75% for ARKX and 0.60% for WAR.