RAYS vs. ARKK

Last updated Jul 17, 2026

RAYS (Global X Solar ETF) and ARKK (ARK Innovation ETF) are both exchange-traded funds - RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index, while ARKK is a Technology Equities fund actively managed by ARK. RAYS is passively managed, while ARKK is actively managed. RAYS charges 0.50%/yr vs 0.75%/yr for ARKK.

Performance

RAYS vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Solar ETF (RAYS) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKK

• 1D: -3.68%
• 1M: -3.05%
• 6M: -6.42%
• YTD: -0.33%
• 1Y: 1.89%
• 3Y*: 15.88%
• 5Y*: -7.78%
• 10Y*: 15.01%

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

RAYS vs. ARKK - Yearly Performance Comparison

	2026 (YTD)
RAYS Global X Solar ETF	0.00%
ARKK ARK Innovation ETF	15.59%

RAYS vs. ARKK - Sectors Allocation Comparison

Sectors	RAYS	ARKK
Technology	66.9%	25.9%
Industrials	21.4%	5.7%
Utilities	6.8%	-
Consumer Cyclical	4.0%	14.1%
Basic Materials	0.9%	-
Communication Services	-	10.0%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	16.2%
Healthcare	-	28.1%
Real Estate	-	-

Return for Risk

RAYS vs. ARKK — Risk / Return Rank

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

RAYS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ARKK

ARKK Risk / Return Rank: 10
ARKK Sharpe Ratio Rank: 10
ARKK Sortino Ratio Rank: 11
ARKK Omega Ratio Rank: 11
ARKK Calmar Ratio Rank: 10
ARKK Martin Ratio Rank: 10

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.

RAYS vs. ARKK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Solar ETF (RAYS) and ARK Innovation ETF (ARKK). 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.

	RAYS	ARKK	Difference
Sharpe ratio: Return per unit of total volatility	—	0.05	—
Sortino ratio: Return per unit of downside risk	—	0.33	—
Omega ratio: Gain probability vs. loss probability	—	1.04	—
Calmar ratio: Return relative to maximum drawdown	—	0.06	—
Martin ratio: Return relative to average drawdown	—	0.13	—

Drawdowns

RAYS vs. ARKK - Drawdown Comparison

The maximum RAYS drawdown since its inception was 0.00%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for RAYS and ARKK.

Drawdown Indicators

	RAYS	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-80.97%	+80.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-76.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.97%	—
Current Drawdown Current decline from peak	0.00%	-50.35%	+50.35%
Average Drawdown Average peak-to-trough decline	0.00%	-30.30%	+30.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.99%	—

Volatility

Volatility by Period

	RAYS	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	36.49%	-36.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	46.50%	-46.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	40.42%	-40.42%

RAYS vs. ARKK - Expense Ratio Comparison

RAYS has a 0.50% expense ratio, which is lower than ARKK's 0.75% expense ratio.

Dividends

RAYS vs. ARKK - Dividend Comparison

Neither RAYS nor ARKK has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKK ARK Innovation ETF	0.00%	0.00%	0.00%	0.70%	0.00%	0.55%	1.64%	0.38%	3.14%	1.32%	0.00%	2.27%
RAYS Global X Solar ETF	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

Which ETF is better, RAYS or ARKK?

On fees, RAYS is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RAYS or ARKK?

RAYS is cheaper with a 0.50% expense ratio, compared with 0.75% for ARKK.

Which ETF pays a higher dividend yield, RAYS or ARKK?

RAYS and ARKK have nearly identical dividend yields, around 0.00%.

What is the main difference between RAYS and ARKK?

RAYS is categorized as Alternative Energy Equities, while ARKK is Technology Equities. They also come from different issuers: Global X and ARK. Their fees differ too: 0.50% for RAYS and 0.75% for ARKK.