THRO vs. ARKK
Compare and contrast key facts about iShares U.S. Thematic Rotation Active ETF (THRO) and ARK Innovation ETF (ARKK).
THRO and ARKK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THRO is an actively managed fund by iShares. It was launched on Dec 14, 2021. ARKK is an actively managed fund by ARK. It was launched on Oct 31, 2014.
Performance
THRO vs. ARKK - Performance Comparison
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THRO vs. ARKK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
THRO iShares U.S. Thematic Rotation Active ETF | -6.03% | 15.04% | 32.03% | 24.40% | -17.85% | 2.14% |
ARKK ARK Innovation ETF | -12.13% | 35.49% | 8.40% | 69.04% | -66.97% | 3.53% |
Returns By Period
In the year-to-date period, THRO achieves a -6.03% return, which is significantly higher than ARKK's -12.13% return.
THRO
- 1D
- 3.19%
- 1M
- -5.19%
- YTD
- -6.03%
- 6M
- -4.26%
- 1Y
- 14.50%
- 3Y*
- 17.79%
- 5Y*
- —
- 10Y*
- —
ARKK
- 1D
- 6.41%
- 1M
- -7.30%
- YTD
- -12.13%
- 6M
- -21.68%
- 1Y
- 42.06%
- 3Y*
- 19.10%
- 5Y*
- -10.73%
- 10Y*
- 14.34%
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THRO vs. ARKK - Expense Ratio Comparison
THRO has a 0.60% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Return for Risk
THRO vs. ARKK — Risk / Return Rank
THRO
ARKK
THRO vs. ARKK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Thematic Rotation Active ETF (THRO) 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.
| THRO | ARKK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.99 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.63 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.24 | +0.14 |
Martin ratioReturn relative to average drawdown | 5.51 | 3.22 | +2.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| THRO | ARKK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.99 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.32 | +0.20 |
Correlation
The correlation between THRO and ARKK is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
THRO vs. ARKK - Dividend Comparison
THRO's dividend yield for the trailing twelve months is around 0.19%, while ARKK has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THRO iShares U.S. Thematic Rotation Active ETF | 0.19% | 0.15% | 0.73% | 0.55% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Drawdowns
THRO vs. ARKK - Drawdown Comparison
The maximum THRO drawdown since its inception was -26.54%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for THRO and ARKK.
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Drawdown Indicators
| THRO | ARKK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.54% | -80.97% | +54.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -31.35% | +20.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.97% | — |
Current DrawdownCurrent decline from peak | -8.03% | -56.23% | +48.20% |
Average DrawdownAverage peak-to-trough decline | -6.92% | -29.80% | +22.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 12.05% | -9.31% |
Volatility
THRO vs. ARKK - Volatility Comparison
The current volatility for iShares U.S. Thematic Rotation Active ETF (THRO) is 5.66%, while ARK Innovation ETF (ARKK) has a volatility of 12.71%. This indicates that THRO experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THRO | ARKK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 12.71% | -7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.33% | 27.59% | -17.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.25% | 42.61% | -24.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.89% | 46.38% | -27.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.89% | 40.12% | -21.23% |