GINN vs. ARKW

Last updated Jun 24, 2026

GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) and ARKW (ARK Next Generation Internet ETF) are both exchange-traded funds - GINN is a Technology Equities fund tracking the Solactive Innovative Global Equity Index, while ARKW is a Mid Cap Growth Equities fund actively managed by ARK. GINN is passively managed, while ARKW is actively managed. Over the past 5 years, GINN returned 5.45%/yr vs -1.21%/yr for ARKW. Their correlation of 0.86 suggests significant overlap in exposure. GINN charges 0.50%/yr vs 0.76%/yr for ARKW.

Performance

GINN vs. ARKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and ARK Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GINN achieves a 5.00% return, which is significantly higher than ARKW's -4.76% return.

GINN

• 1D: -1.06%
• 1M: -1.95%
• YTD: 5.00%
• 6M: 3.65%
• 1Y: 20.17%
• 3Y*: 18.28%
• 5Y*: 5.45%
• 10Y*: —

ARKW

• 1D: -1.79%
• 1M: -3.15%
• YTD: -4.76%
• 6M: -7.39%
• 1Y: -0.64%
• 3Y*: 36.73%
• 5Y*: -1.21%
• 10Y*: 22.53%

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

GINN vs. ARKW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	5.00%	20.25%	18.71%	29.94%	-32.40%	10.39%	8.08%
ARKW ARK Next Generation Internet ETF	-4.76%	38.93%	42.27%	96.89%	-67.49%	-18.85%	18.46%

Correlation

The correlation between GINN and ARKW is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020	0.86

The correlation between GINN and ARKW has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

GINN vs. ARKW - Sectors Allocation Comparison

Sectors	GINN	ARKW
Technology	32.6%	44.0%
Healthcare	20.6%	-
Consumer Cyclical	12.7%	14.4%
Financial Services	12.4%	14.1%
Communication Services	10.7%	14.6%
Industrials	4.7%	4.9%
Consumer Defensive	1.8%	-
Energy	1.7%	-
Utilities	1.7%	-
Real Estate	0.6%	-
Basic Materials	0.1%	-

Return for Risk

GINN vs. ARKW — Risk / Return Rank

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

GINN

GINN Risk / Return Rank: 35
GINN Sharpe Ratio Rank: 36
GINN Sortino Ratio Rank: 35
GINN Omega Ratio Rank: 34
GINN Calmar Ratio Rank: 33
GINN Martin Ratio Rank: 37

ARKW

ARKW Risk / Return Rank: 9
ARKW Sharpe Ratio Rank: 8
ARKW Sortino Ratio Rank: 9
ARKW Omega Ratio Rank: 9
ARKW Calmar Ratio Rank: 8
ARKW Martin Ratio Rank: 8

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.

GINN vs. ARKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and ARK Next Generation Internet ETF (ARKW). 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.

	GINN	ARKW	Difference
Sharpe ratio: Return per unit of total volatility	1.22	-0.02	+1.24
Sortino ratio: Return per unit of downside risk	1.75	0.20	+1.55
Omega ratio: Gain probability vs. loss probability	1.22	1.02	+0.19
Calmar ratio: Return relative to maximum drawdown	1.54	-0.02	+1.55
Martin ratio: Return relative to average drawdown	5.39	-0.04	+5.43

GINN vs. ARKW - Sharpe Ratio Comparison

The current GINN Sharpe Ratio is 1.22, which is higher than the ARKW Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of GINN and ARKW, 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

GINN vs. ARKW - Drawdown Comparison

The maximum GINN drawdown since its inception was -41.25%, smaller than the maximum ARKW drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for GINN and ARKW.

Drawdown Indicators

	GINN	ARKW	Difference
Max Drawdown Largest peak-to-trough decline	-41.25%	-80.52%	+39.27%
Max Drawdown (1Y) Largest decline over 1 year	-13.18%	-36.21%	+23.03%
Max Drawdown (3Y) Largest decline over 3 years	-22.25%	-36.21%	+13.96%
Max Drawdown (5Y) Largest decline over 5 years	-41.25%	-77.36%	+36.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-80.52%	—
Current Drawdown Current decline from peak	-4.93%	-23.67%	+18.74%
Average Drawdown Average peak-to-trough decline	-13.28%	-23.97%	+10.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	18.14%	-14.39%

Volatility

GINN vs. ARKW - Volatility Comparison

The current volatility for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) is 5.81%, while ARK Next Generation Internet ETF (ARKW) has a volatility of 11.08%. This indicates that GINN experiences smaller price fluctuations and is considered to be less risky than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GINN	ARKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.81%	11.08%	-5.27%
Volatility (6M) Calculated over the trailing 6-month period	12.92%	24.74%	-11.82%
Volatility (1Y) Calculated over the trailing 1-year period	16.57%	32.81%	-16.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	43.66%	-22.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.07%	37.78%	-16.71%

GINN vs. ARKW - Expense Ratio Comparison

GINN has a 0.50% expense ratio, which is lower than ARKW's 0.76% expense ratio.

Dividends

GINN vs. ARKW - Dividend Comparison

GINN's dividend yield for the trailing twelve months is around 1.20%, less than ARKW's 1.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.67%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GINN and ARKW in my portfolio?

GINN and ARKW have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GINN or ARKW?

ARKW has higher volatility (11.08%) compared to GINN (5.81%). In terms of maximum drawdown, GINN dropped -41.25% vs ARKW's -80.52%.

Which ETF is better, GINN or ARKW?

On 5-year performance, GINN leads with 5.45% vs -1.21% for ARKW. On fees, GINN is cheaper at 0.50% per year. On volatility, GINN has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GINN or ARKW?

Over the 5-year period, GINN has performed better with a 5.45% return vs -1.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GINN or ARKW?

GINN is cheaper with a 0.50% expense ratio, compared with 0.76% for ARKW.

Which ETF pays a higher dividend yield, GINN or ARKW?

ARKW has the higher dividend yield at 1.67%, compared with 1.20% for GINN.

What is the main difference between GINN and ARKW?

GINN is categorized as Technology Equities, while ARKW is Mid Cap Growth Equities. They also come from different issuers: Goldman Sachs and ARK. Their fees differ too: 0.50% for GINN and 0.76% for ARKW.

Which has better risk-adjusted returns?

GINN currently has the higher Sharpe Ratio (1.22 vs -0.02), 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.