ARKX vs. WUGI

Last updated Jun 13, 2026

ARKX (ARK Space Exploration & Innovation ETF) and WUGI (Esoterica NextG Economy ETF) are both exchange-traded funds - ARKX is a Aerospace & Defense fund actively managed by ARK, while WUGI is a Large Cap Growth Equities fund actively managed by Esoterica. Both are actively managed. Over the past 5 years, ARKX returned 10.38%/yr vs 16.13%/yr for WUGI. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

ARKX vs. WUGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Space Exploration & Innovation ETF (ARKX) and Esoterica NextG Economy ETF (WUGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKX achieves a 16.56% return, which is significantly lower than WUGI's 23.35% return.

ARKX

• 1D: -1.94%
• 1M: -2.96%
• YTD: 16.56%
• 6M: 17.78%
• 1Y: 52.99%
• 3Y*: 31.55%
• 5Y*: 10.38%
• 10Y*: —

WUGI

• 1D: 1.10%
• 1M: 5.98%
• YTD: 23.35%
• 6M: 25.24%
• 1Y: 38.78%
• 3Y*: 33.73%
• 5Y*: 16.13%
• 10Y*: —

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

ARKX vs. WUGI - 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%	-8.05%
WUGI Esoterica NextG Economy ETF	23.35%	22.66%	47.14%	61.30%	-49.55%	29.16%

Correlation

The correlation between ARKX and WUGI is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Mar 30, 2021	0.71

The correlation between ARKX and WUGI shifts across timeframes, from 0.60 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

ARKX vs. WUGI - Sectors Allocation Comparison

Sectors	ARKX	WUGI
Industrials	55.7%	9.3%
Technology	27.4%	70.5%
Consumer Cyclical	7.8%	6.3%
Communication Services	7.6%	12.1%
Healthcare	1.5%	0.2%
Basic Materials	0.0%	0.0%
Consumer Defensive	-	0.1%
Energy	-	0.0%
Financial Services	-	1.8%
Real Estate	-	0.1%
Utilities	-	-

Return for Risk

ARKX vs. WUGI — Risk / Return Rank

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

ARKX

ARKX Risk / Return Rank: 51
ARKX Sharpe Ratio Rank: 53
ARKX Sortino Ratio Rank: 50
ARKX Omega Ratio Rank: 45
ARKX Calmar Ratio Rank: 60
ARKX Martin Ratio Rank: 47

WUGI

WUGI Risk / Return Rank: 49
WUGI Sharpe Ratio Rank: 51
WUGI Sortino Ratio Rank: 47
WUGI Omega Ratio Rank: 49
WUGI Calmar Ratio Rank: 49
WUGI Martin Ratio Rank: 47

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. WUGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and Esoterica NextG Economy ETF (WUGI). 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	WUGI	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.54	+0.05
Sortino ratio: Return per unit of downside risk	2.15	2.08	+0.08
Omega ratio: Gain probability vs. loss probability	1.26	1.28	-0.02
Calmar ratio: Return relative to maximum drawdown	2.61	2.17	+0.44
Martin ratio: Return relative to average drawdown	6.87	7.02	-0.15

ARKX vs. WUGI - Sharpe Ratio Comparison

The current ARKX Sharpe Ratio is 1.59, which is comparable to the WUGI Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of ARKX and WUGI, 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

ARKX vs. WUGI - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum WUGI drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for ARKX and WUGI.

Drawdown Indicators

	ARKX	WUGI	Difference
Max Drawdown Largest peak-to-trough decline	-43.61%	-56.41%	+12.80%
Max Drawdown (1Y) Largest decline over 1 year	-20.42%	-17.99%	-2.43%
Max Drawdown (3Y) Largest decline over 3 years	-25.47%	-27.49%	+2.02%
Max Drawdown (5Y) Largest decline over 5 years	-43.61%	-56.41%	+12.80%
Current Drawdown Current decline from peak	-10.49%	-3.98%	-6.51%
Average Drawdown Average peak-to-trough decline	-19.92%	-16.61%	-3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.74%	5.54%	+2.20%

Volatility

ARKX vs. WUGI - Volatility Comparison

ARK Space Exploration & Innovation ETF (ARKX) and Esoterica NextG Economy ETF (WUGI) have volatilities of 12.77% and 13.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKX	WUGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.77%	13.03%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	26.51%	22.14%	+4.37%
Volatility (1Y) Calculated over the trailing 1-year period	33.50%	25.36%	+8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.02%	31.07%	-3.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.65%	31.09%	-3.44%

ARKX vs. WUGI - Expense Ratio Comparison

Both ARKX and WUGI have an expense ratio of 0.75%.

Dividends

ARKX vs. WUGI - Dividend Comparison

ARKX has not paid dividends to shareholders, while WUGI's dividend yield for the trailing twelve months is around 18.51%.

Position	TTM	2025	2024
ARKX ARK Space Exploration & Innovation ETF	0.00%	0.00%	0.00%
WUGI Esoterica NextG Economy ETF	18.51%	22.83%	4.09%

Frequently Asked Questions

Can I hold both ARKX and WUGI in my portfolio?

ARKX and WUGI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKX or WUGI?

WUGI has higher volatility (13.03%) compared to ARKX (12.77%). In terms of maximum drawdown, ARKX dropped -43.61% vs WUGI's -56.41%.

Which ETF is better, ARKX or WUGI?

On 5-year performance, WUGI leads with 16.13% vs 10.38% for ARKX. Both ETFs have the same 0.75% expense ratio. On volatility, ARKX has been the lower-risk option at 12.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKX or WUGI?

Over the 5-year period, WUGI has performed better with a 16.13% return vs 10.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKX or WUGI?

ARKX and WUGI have the same expense ratio: 0.75% per year.

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

WUGI has the higher dividend yield at 18.51%, compared with 0.00% for ARKX.

What is the main difference between ARKX and WUGI?

ARKX is categorized as Aerospace & Defense, while WUGI is Large Cap Growth Equities. They also come from different issuers: ARK and Esoterica.

Which has better risk-adjusted returns?

ARKX currently has the higher Sharpe Ratio (1.59 vs 1.54), 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.