IQCY.L vs. ARCK.L
IQCY.L (Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc) and ARCK.L (ARK Innovation UCITS ETF USD Accumulating) are both Global Equities funds. IQCY.L is passively managed, while ARCK.L is actively managed. Over the past year, IQCY.L returned 50.00% vs 48.52% for ARCK.L. A 0.69 correlation means they provide meaningful diversification when combined. IQCY.L charges 0.45%/yr vs 0.78%/yr for ARCK.L.
Performance
IQCY.L vs. ARCK.L - Performance Comparison
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Different Trading Currencies
IQCY.L is traded in GBP, while ARCK.L is traded in GBp. To make them comparable, the ARCK.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQCY.L achieves a 30.19% return, which is significantly higher than ARCK.L's 9.12% return.
IQCY.L
- 1D
- -1.35%
- 1M
- 11.12%
- YTD
- 30.19%
- 6M
- 28.29%
- 1Y
- 50.00%
- 3Y*
- 92.20%
- 5Y*
- 48.80%
- 10Y*
- —
ARCK.L
- 1D
- 3.86%
- 1M
- 7.67%
- YTD
- 9.12%
- 6M
- 2.16%
- 1Y
- 48.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IQCY.L vs. ARCK.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IQCY.L Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc | 30.19% | 14.12% | 342.64% |
ARCK.L ARK Innovation UCITS ETF USD Accumulating | 9.12% | 27.55% | 32.38% |
Correlation
The correlation between IQCY.L and ARCK.L is 0.61, 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 | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2024 | 0.69 |
The correlation between IQCY.L and ARCK.L has been stable across timeframes, ranging from 0.61 to 0.69 - a consistent structural relationship.
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Return for Risk
IQCY.L vs. ARCK.L — Risk / Return Rank
IQCY.L
ARCK.L
IQCY.L vs. ARCK.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc (IQCY.L) and ARK Innovation UCITS ETF USD Accumulating (ARCK.L). 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.
| IQCY.L | ARCK.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.27 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 5.29 | 1.09 | +4.20 |
| Martin ratioReturn relative to average drawdown | 15.92 | 1.77 | +14.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQCY.L | ARCK.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.10 | 0.88 | +2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.71 | -0.32 |
Drawdowns
IQCY.L vs. ARCK.L - Drawdown Comparison
The maximum IQCY.L drawdown since its inception was -22.65%, smaller than the maximum ARCK.L drawdown of -44.34%. Use the drawdown chart below to compare losses from any high point for IQCY.L and ARCK.L.
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Drawdown Indicators
| IQCY.L | ARCK.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.65% | -44.34% | +21.69% |
Max Drawdown (1Y)Largest decline over 1 year | -9.40% | -44.34% | +34.94% |
Max Drawdown (3Y)Largest decline over 3 years | -21.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.65% | — | — |
Current DrawdownCurrent decline from peak | -1.35% | -29.10% | +27.75% |
Average DrawdownAverage peak-to-trough decline | -6.23% | -15.64% | +9.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 27.30% | -24.17% |
Volatility
IQCY.L vs. ARCK.L - Volatility Comparison
The current volatility for Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ETF - Acc (IQCY.L) is 6.49%, while ARK Innovation UCITS ETF USD Accumulating (ARCK.L) has a volatility of 8.89%. This indicates that IQCY.L experiences smaller price fluctuations and is considered to be less risky than ARCK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQCY.L | ARCK.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 8.89% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 12.58% | 21.80% | -9.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.06% | 55.05% | -38.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 131.45% | 47.12% | +84.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.50% | 47.12% | +72.38% |
IQCY.L vs. ARCK.L - Expense Ratio Comparison
IQCY.L has a 0.45% expense ratio, which is lower than ARCK.L's 0.78% expense ratio.
Dividends
IQCY.L vs. ARCK.L - Dividend Comparison
Neither IQCY.L nor ARCK.L has paid dividends to shareholders.
Frequently Asked Questions
IQCY.L and ARCK.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQCY.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQCY.L is cheaper with a 0.45% expense ratio, compared with 0.78% for ARCK.L.
They also come from different issuers: Amundi and ARK Invest. Their fees differ too: 0.45% for IQCY.L and 0.78% for ARCK.L.
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