SOUN vs. ARKX
SOUN (SoundHound AI, Inc.) is a stock, while ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK. Over the past 3 years, SOUN returned 29.87%/yr vs 31.55%/yr for ARKX. At a 0.45 correlation, their price movements are largely independent.
Performance
SOUN vs. ARKX - Performance Comparison
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Returns By Period
In the year-to-date period, SOUN achieves a -30.79% return, which is significantly lower than ARKX's 16.56% return.
SOUN
- 1D
- -1.43%
- 1M
- -18.05%
- YTD
- -30.79%
- 6M
- -40.77%
- 1Y
- -27.14%
- 3Y*
- 29.87%
- 5Y*
- —
- 10Y*
- —
ARKX
- 1D
- -1.94%
- 1M
- -2.96%
- YTD
- 16.56%
- 6M
- 17.78%
- 1Y
- 52.99%
- 3Y*
- 31.55%
- 5Y*
- 10.38%
- 10Y*
- —
SOUN vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | -30.79% | -49.75% | 835.85% | 19.77% | -79.70% |
ARKX ARK Space Exploration & Innovation ETF | 16.56% | 48.46% | 26.67% | 24.37% | -19.28% |
Correlation
The correlation between SOUN and ARKX is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.45 |
The correlation between SOUN and ARKX shifts across timeframes, from 0.45 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SOUN vs. ARKX — Risk / Return Rank
SOUN
ARKX
SOUN vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoundHound AI, Inc. (SOUN) 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.
| SOUN | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.26 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 2.61 | -2.98 |
| Martin ratioReturn relative to average drawdown | -0.60 | 6.87 | -7.47 |
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Drawdowns
SOUN vs. ARKX - Drawdown Comparison
The maximum SOUN drawdown since its inception was -93.55%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for SOUN and ARKX.
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Drawdown Indicators
| SOUN | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.55% | -43.61% | -49.94% |
Max Drawdown (1Y)Largest decline over 1 year | -72.43% | -20.42% | -52.01% |
Max Drawdown (3Y)Largest decline over 3 years | -75.65% | -25.47% | -50.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -71.52% | -10.49% | -61.03% |
Average DrawdownAverage peak-to-trough decline | -66.93% | -19.92% | -47.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.29% | 7.74% | +37.55% |
Volatility
SOUN vs. ARKX - Volatility Comparison
SoundHound AI, Inc. (SOUN) has a higher volatility of 17.69% compared to ARK Space Exploration & Innovation ETF (ARKX) at 12.77%. This indicates that SOUN's price experiences larger fluctuations and is considered to be riskier than ARKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOUN | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.69% | 12.77% | +4.92% |
Volatility (6M)Calculated over the trailing 6-month period | 52.15% | 26.51% | +25.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.70% | 33.50% | +47.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 136.27% | 28.02% | +108.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.27% | 27.65% | +108.62% |
Dividends
SOUN vs. ARKX - Dividend Comparison
Neither SOUN nor ARKX has paid dividends to shareholders.
Frequently Asked Questions
SOUN and ARKX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOUN has higher volatility (17.69%) compared to ARKX (12.77%). In terms of maximum drawdown, SOUN dropped -93.55% vs ARKX's -43.61%.
ARKX currently has the higher Sharpe Ratio (1.59 vs -0.34), 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.
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