LITE vs. ARKQ

Last updated Jun 13, 2026

LITE (Lumentum Holdings Inc.) is a stock, while ARKQ (ARK Autonomous Technology & Robotics ETF) is Robotics fund actively managed by ARK. Over the past 10 years, LITE returned 43.74%/yr vs 21.73%/yr for ARKQ. At a 0.50 correlation, their price movements are largely independent.

Performance

LITE vs. ARKQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lumentum Holdings Inc. (LITE) 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, LITE achieves a 150.02% return, which is significantly higher than ARKQ's 12.86% return. Over the past 10 years, LITE has outperformed ARKQ with an annualized return of 43.74%, while ARKQ has yielded a comparatively lower 21.73% annualized return.

LITE

• 1D: 3.59%
• 1M: -10.56%
• YTD: 150.02%
• 6M: 184.13%
• 1Y: 977.85%
• 3Y*: 158.28%
• 5Y*: 62.72%
• 10Y*: 43.74%

ARKQ

• 1D: -0.64%
• 1M: -5.27%
• YTD: 12.86%
• 6M: 13.25%
• 1Y: 55.23%
• 3Y*: 32.57%
• 5Y*: 9.89%
• 10Y*: 21.73%

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

LITE vs. ARKQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LITE Lumentum Holdings Inc.	150.02%	339.06%	60.15%	0.48%	-50.68%	11.57%	19.55%	88.76%	-14.09%	26.52%
ARKQ ARK Autonomous Technology & Robotics ETF	12.86%	48.81%	33.88%	40.70%	-46.75%	1.74%	107.20%	25.94%	-7.89%	52.26%

Correlation

The correlation between LITE and ARKQ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015	0.50

The correlation between LITE and ARKQ shifts across timeframes, from 0.30 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LITE vs. ARKQ — Risk / Return Rank

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

LITE

LITE Risk / Return Rank: 99
LITE Sharpe Ratio Rank: 100
LITE Sortino Ratio Rank: 99
LITE Omega Ratio Rank: 98
LITE Calmar Ratio Rank: 100
LITE Martin Ratio Rank: 100

ARKQ

ARKQ Risk / Return Rank: 54
ARKQ Sharpe Ratio Rank: 56
ARKQ Sortino Ratio Rank: 50
ARKQ Omega Ratio Rank: 48
ARKQ Calmar Ratio Rank: 62
ARKQ Martin Ratio Rank: 53

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.

LITE vs. ARKQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) 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.

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.

	LITE	ARKQ	Difference
Sharpe ratio: Return per unit of total volatility	11.43	1.66	+9.78
Sortino ratio: Return per unit of downside risk	5.42	2.18	+3.25
Omega ratio: Gain probability vs. loss probability	1.71	1.27	+0.44
Calmar ratio: Return relative to maximum drawdown	34.43	2.70	+31.73
Martin ratio: Return relative to average drawdown	126.26	7.95	+118.32

LITE vs. ARKQ - Sharpe Ratio Comparison

The current LITE Sharpe Ratio is 11.43, which is higher than the ARKQ Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of LITE 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.

Drawdowns

LITE vs. ARKQ - Drawdown Comparison

The maximum LITE drawdown since its inception was -66.89%, which is greater than ARKQ's maximum drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for LITE and ARKQ.

Drawdown Indicators

	LITE	ARKQ	Difference
Max Drawdown Largest peak-to-trough decline	-66.89%	-59.89%	-7.00%
Max Drawdown (1Y) Largest decline over 1 year	-28.70%	-20.58%	-8.12%
Max Drawdown (3Y) Largest decline over 3 years	-50.63%	-30.76%	-19.87%
Max Drawdown (5Y) Largest decline over 5 years	-66.48%	-55.71%	-10.77%
Max Drawdown (10Y) Largest decline over 10 years	-66.89%	-59.89%	-7.00%
Current Drawdown Current decline from peak	-12.49%	-10.02%	-2.47%
Average Drawdown Average peak-to-trough decline	-23.57%	-17.22%	-6.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.81%	6.97%	+0.84%

Volatility

LITE vs. ARKQ - Volatility Comparison

Lumentum Holdings Inc. (LITE) has a higher volatility of 28.12% compared to ARK Autonomous Technology & Robotics ETF (ARKQ) at 12.70%. This indicates that LITE'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

	LITE	ARKQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.12%	12.70%	+15.42%
Volatility (6M) Calculated over the trailing 6-month period	69.73%	26.15%	+43.58%
Volatility (1Y) Calculated over the trailing 1-year period	86.47%	33.54%	+52.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.94%	32.50%	+27.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.62%	29.98%	+26.64%

Dividends

LITE vs. ARKQ - Dividend Comparison

LITE 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%
LITE Lumentum Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LITE and ARKQ in my portfolio?

LITE and ARKQ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LITE or ARKQ?

LITE has higher volatility (28.12%) compared to ARKQ (12.70%). In terms of maximum drawdown, LITE dropped -66.89% vs ARKQ's -59.89%.

Which has better risk-adjusted returns?

LITE currently has the higher Sharpe Ratio (11.43 vs 1.66), 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.