ORBX vs. ARKX
ORBX (Global X Space Tech ETF) and ARKX (ARK Space Exploration & Innovation ETF) are both Aerospace & Defense funds. ORBX is passively managed, while ARKX is actively managed. Their correlation of 0.88 means they have usually moved in the same direction. ORBX charges 0.50%/yr vs 0.75%/yr for ARKX.
Performance
ORBX vs. ARKX - Performance Comparison
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Returns By Period
ORBX
- 1D
- 0.38%
- 1M
- -25.65%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ARKX
- 1D
- 0.82%
- 1M
- -9.65%
- 6M
- -4.35%
- YTD
- 5.59%
- 1Y
- 19.77%
- 3Y*
- 25.50%
- 5Y*
- 8.51%
- 10Y*
- —
- ALL TIME*
- 7.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.56M | $23.90M | $44.78M | |
| $1.11M | $1.59M | $5.52M |
ORBX vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ORBX Global X Space Tech ETF | -23.09% |
ARKX ARK Space Exploration & Innovation ETF | -5.58% |
Correlation
The correlation between ORBX and ARKX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026 | 0.88 |
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Return for Risk
ORBX vs. ARKX — Risk / Return Rank
ORBX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ARKX
ORBX vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Space Tech ETF (ORBX) and ARK Space Exploration & Innovation ETF (ARKX). 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.
| ORBX | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.79 | — |
| Martin ratioReturn relative to average drawdown | — | 1.83 | — |
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Drawdowns
ORBX vs. ARKX - Drawdown Comparison
The maximum ORBX drawdown since its inception was -51.53%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for ORBX and ARKX.
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Drawdown Indicators
| ORBX | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.53% | -43.61% | -7.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.78% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -49.40% | -18.92% | -30.48% |
Average DrawdownAverage peak-to-trough decline | -22.31% | -19.79% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.41% | — |
Volatility
ORBX vs. ARKX - Volatility Comparison
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Volatility by Period
| ORBX | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.26% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 75.43% | 33.91% | +41.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.43% | 28.38% | +47.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.43% | 27.76% | +47.67% |
ORBX vs. ARKX - Expense Ratio Comparison
ORBX has a 0.50% expense ratio, which is lower than ARKX's 0.75% expense ratio.
Dividends
ORBX vs. ARKX - Dividend Comparison
Neither ORBX nor ARKX has paid dividends to shareholders.
Frequently Asked Questions
ORBX and ARKX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ORBX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ORBX is cheaper with a 0.50% expense ratio, compared with 0.75% for ARKX.
ORBX and ARKX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Global X and ARK. Their fees differ too: 0.50% for ORBX and 0.75% for ARKX.
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