IQM vs. ARKQ

Last updated Jun 10, 2026

IQM (Franklin Intelligent Machines ETF) and ARKQ (ARK Autonomous Technology & Robotics ETF) are both exchange-traded funds - IQM is a Large Cap Growth Equities fund actively managed by Franklin Templeton, while ARKQ is a Robotics fund actively managed by ARK. Both are actively managed. Over the past 5 years, IQM returned 19.84%/yr vs 9.85%/yr for ARKQ. Their correlation of 0.85 suggests significant overlap in exposure. IQM charges 0.50%/yr vs 0.75%/yr for ARKQ.

Performance

IQM vs. ARKQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Intelligent Machines ETF (IQM) and ARK Autonomous Technology & Robotics ETF (ARKQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQM achieves a 28.34% return, which is significantly higher than ARKQ's 12.39% return.

IQM

• 1D: -1.45%
• 1M: 0.09%
• YTD: 28.34%
• 6M: 23.89%
• 1Y: 60.50%
• 3Y*: 33.50%
• 5Y*: 19.84%
• 10Y*: —

ARKQ

• 1D: -2.13%
• 1M: -4.45%
• YTD: 12.39%
• 6M: 12.30%
• 1Y: 55.10%
• 3Y*: 34.16%
• 5Y*: 9.85%
• 10Y*: 21.67%

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

IQM vs. ARKQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IQM Franklin Intelligent Machines ETF	28.34%	30.76%	31.03%	41.06%	-33.36%	25.18%	76.92%
ARKQ ARK Autonomous Technology & Robotics ETF	12.39%	48.81%	33.88%	40.70%	-46.75%	1.74%	96.92%

Correlation

The correlation between IQM and ARKQ 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	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Feb 27, 2020	0.85

The correlation between IQM and ARKQ has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

IQM vs. ARKQ - Sectors Allocation Comparison

Sectors	IQM	ARKQ
Technology	66.5%	33.1%
Industrials	19.6%	40.2%
Consumer Cyclical	4.0%	14.1%
Utilities	3.0%	1.1%
Energy	2.6%	1.6%
Communication Services	2.2%	8.7%
Healthcare	1.1%	1.1%
Basic Materials	-	-
Consumer Defensive	-	-
Financial Services	-	-
Real Estate	-	-

Return for Risk

IQM vs. ARKQ — Risk / Return Rank

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

IQM

IQM Risk / Return Rank: 72
IQM Sharpe Ratio Rank: 73
IQM Sortino Ratio Rank: 59
IQM Omega Ratio Rank: 66
IQM Calmar Ratio Rank: 85
IQM Martin Ratio Rank: 78

ARKQ

ARKQ Risk / Return Rank: 53
ARKQ Sharpe Ratio Rank: 55
ARKQ Sortino Ratio Rank: 50
ARKQ Omega Ratio Rank: 48
ARKQ Calmar Ratio Rank: 61
ARKQ Martin Ratio Rank: 52

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.

IQM vs. ARKQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Intelligent Machines ETF (IQM) and ARK Autonomous Technology & Robotics ETF (ARKQ). 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.

	IQM	ARKQ	Difference
Sharpe ratio: Return per unit of total volatility	2.06	1.68	+0.38
Sortino ratio: Return per unit of downside risk	2.47	2.19	+0.28
Omega ratio: Gain probability vs. loss probability	1.35	1.27	+0.07
Calmar ratio: Return relative to maximum drawdown	4.13	2.69	+1.44
Martin ratio: Return relative to average drawdown	13.24	8.05	+5.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IQM vs. ARKQ - Sharpe Ratio Comparison

The current IQM Sharpe Ratio is 2.06, which is comparable to the ARKQ Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of IQM and ARKQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IQM	ARKQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	1.68	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.31	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.63	+0.26

Drawdowns

IQM vs. ARKQ - Drawdown Comparison

The maximum IQM drawdown since its inception was -44.91%, smaller than the maximum ARKQ drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for IQM and ARKQ.

Drawdown Indicators

	IQM	ARKQ	Difference
Max Drawdown Largest peak-to-trough decline	-44.91%	-59.89%	+14.98%
Max Drawdown (1Y) Largest decline over 1 year	-14.71%	-20.58%	+5.87%
Max Drawdown (3Y) Largest decline over 3 years	-30.42%	-30.76%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	-55.71%	+10.80%
Max Drawdown (10Y) Largest decline over 10 years	—	-59.89%	—
Current Drawdown Current decline from peak	-8.79%	-10.39%	+1.60%
Average Drawdown Average peak-to-trough decline	-12.23%	-17.22%	+4.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.58%	6.87%	-2.29%

Volatility

IQM vs. ARKQ - Volatility Comparison

Franklin Intelligent Machines ETF (IQM) has a higher volatility of 12.22% compared to ARK Autonomous Technology & Robotics ETF (ARKQ) at 11.44%. This indicates that IQM's price experiences larger fluctuations and is considered to be riskier than ARKQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQM	ARKQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	11.44%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	24.60%	25.49%	-0.89%
Volatility (1Y) Calculated over the trailing 1-year period	29.51%	33.15%	-3.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.15%	32.40%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.86%	29.93%	+0.93%

IQM vs. ARKQ - Expense Ratio Comparison

IQM has a 0.50% expense ratio, which is lower than ARKQ's 0.75% expense ratio.

Dividends

IQM vs. ARKQ - Dividend Comparison

IQM has not paid dividends to shareholders, while ARKQ's dividend yield for the trailing twelve months is around 0.24%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKQ ARK Autonomous Technology & Robotics ETF	0.24%	0.27%	0.00%	0.00%	0.00%	0.80%	0.86%	0.00%	2.86%	1.54%	0.00%	0.98%
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQM and ARKQ in my portfolio?

IQM and ARKQ 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, IQM or ARKQ?

IQM has higher volatility (12.22%) compared to ARKQ (11.44%). In terms of maximum drawdown, IQM dropped -44.91% vs ARKQ's -59.89%.

Which ETF is better, IQM or ARKQ?

On 5-year performance, IQM leads with 19.84% vs 9.85% for ARKQ. On fees, IQM is cheaper at 0.50% per year. On volatility, ARKQ has been the lower-risk option at 11.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IQM or ARKQ?

Over the 5-year period, IQM has performed better with a 19.84% return vs 9.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IQM or ARKQ?

IQM is cheaper with a 0.50% expense ratio, compared with 0.75% for ARKQ.

Which ETF pays a higher dividend yield, IQM or ARKQ?

ARKQ has the higher dividend yield at 0.24%, compared with 0.00% for IQM.

What is the main difference between IQM and ARKQ?

IQM is categorized as Large Cap Growth Equities, while ARKQ is Robotics. They also come from different issuers: Franklin Templeton and ARK. Their fees differ too: 0.50% for IQM and 0.75% for ARKQ.

Which has better risk-adjusted returns?

IQM currently has the higher Sharpe Ratio (2.06 vs 1.68), 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.