ARKX vs. XOVR

Last updated Apr 2, 2026

Compare and contrast key facts about ARK Space Exploration & Innovation ETF (ARKX) and ERShares Entrepreneur Private-Public Crossover ETF (XOVR).

ARKX and XOVR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKX is an actively managed fund by ARK. It was launched on Mar 30, 2021. XOVR is a passively managed fund by EntrepreneurShares that tracks the performance of the ER30TR Index. It was launched on Nov 7, 2017.

Performance

ARKX vs. XOVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Space Exploration & Innovation ETF (ARKX) and ERShares Entrepreneur Private-Public Crossover ETF (XOVR). The values are adjusted to include any dividend payments, if applicable.

ARKX vs. XOVR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ARKX ARK Space Exploration & Innovation ETF	3.21%	48.46%	26.67%	24.37%	-34.27%	-7.14%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	-15.84%	11.83%	33.21%	51.89%	-41.09%	2.69%

Returns By Period

In the year-to-date period, ARKX achieves a 3.21% return, which is significantly higher than XOVR's -15.84% return.

ARKX

• 1D: 1.91%
• 1M: -7.49%
• YTD: 3.21%
• 6M: 3.53%
• 1Y: 68.32%
• 3Y*: 28.79%
• 5Y*: 7.42%
• 10Y*: —

XOVR

• 1D: 0.36%
• 1M: -3.31%
• YTD: -15.84%
• 6M: -19.44%
• 1Y: 5.08%
• 3Y*: 15.48%
• 5Y*: 1.99%
• 10Y*: —

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

ARKX vs. XOVR - Expense Ratio Comparison

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

ARKX

ARK Space Exploration & Innovation ETF

XOVR

ERShares Entrepreneur Private-Public Crossover ETF

Return for Risk

ARKX vs. XOVR — Risk / Return Rank

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

ARKX

ARKX Risk / Return Rank: 86
ARKX Sharpe Ratio Rank: 89
ARKX Sortino Ratio Rank: 90
ARKX Omega Ratio Rank: 80
ARKX Calmar Ratio Rank: 92
ARKX Martin Ratio Rank: 82

XOVR

XOVR Risk / Return Rank: 17
XOVR Sharpe Ratio Rank: 17
XOVR Sortino Ratio Rank: 18
XOVR Omega Ratio Rank: 17
XOVR Calmar Ratio Rank: 17
XOVR Martin Ratio Rank: 17

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. XOVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and ERShares Entrepreneur Private-Public Crossover ETF (XOVR). 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.

	ARKX	XOVR	Difference
Sharpe ratio Return per unit of total volatility	1.98	0.20	+1.77
Sortino ratio Return per unit of downside risk	2.60	0.47	+2.13
Omega ratio Gain probability vs. loss probability	1.32	1.06	+0.26
Calmar ratio Return relative to maximum drawdown	3.36	0.26	+3.10
Martin ratio Return relative to average drawdown	9.46	0.67	+8.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARKX vs. XOVR - Sharpe Ratio Comparison

The current ARKX Sharpe Ratio is 1.98, which is higher than the XOVR Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of ARKX and XOVR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ARKX	XOVR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	0.20	+1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.08	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.32	-0.02

Correlation

The correlation between ARKX and XOVR is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ARKX vs. XOVR - Dividend Comparison

Neither ARKX nor XOVR has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARKX ARK Space Exploration & Innovation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XOVR ERShares Entrepreneur Private-Public Crossover ETF	0.00%	0.00%	0.00%	0.00%	0.00%	57.75%	6.31%	0.08%	3.71%	0.08%

Drawdowns

ARKX vs. XOVR - Drawdown Comparison

The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum XOVR drawdown of -56.28%. Use the drawdown chart below to compare losses from any high point for ARKX and XOVR.

Drawdown Indicators

	ARKX	XOVR	Difference
Max Drawdown Largest peak-to-trough decline	-43.61%	-56.28%	+12.67%
Max Drawdown (1Y) Largest decline over 1 year	-20.42%	-24.32%	+3.90%
Max Drawdown (5Y) Largest decline over 5 years	-43.61%	-49.35%	+5.74%
Current Drawdown Current decline from peak	-14.96%	-21.93%	+6.97%
Average Drawdown Average peak-to-trough decline	-20.49%	-18.51%	-1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.25%	9.30%	-2.05%

Volatility

ARKX vs. XOVR - Volatility Comparison

ARK Space Exploration & Innovation ETF (ARKX) has a higher volatility of 11.25% compared to ERShares Entrepreneur Private-Public Crossover ETF (XOVR) at 5.80%. This indicates that ARKX's price experiences larger fluctuations and is considered to be riskier than XOVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKX	XOVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.25%	5.80%	+5.45%
Volatility (6M) Calculated over the trailing 6-month period	25.62%	15.90%	+9.72%
Volatility (1Y) Calculated over the trailing 1-year period	34.73%	24.94%	+9.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.20%	26.37%	+0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.20%	27.02%	+0.18%