TYLD vs. ARKK

Last updated Aug 1, 2026

TYLD (Cambria Tactical Yield ETF) and ARKK (ARK Innovation ETF) are both exchange-traded funds - TYLD is a Tactical Allocation fund actively managed by Cambria, while ARKK is a Technology Equities fund actively managed by ARK. Both are actively managed. Over the past year, TYLD returned 3.76% vs 0.11% for ARKK. Their 0.03 correlation means their historical movements had little consistent relationship. TYLD charges 0.59%/yr vs 0.75%/yr for ARKK.

Performance

TYLD vs. ARKK - Performance Comparison

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

Returns By Period

In the year-to-date period, TYLD achieves a 1.96% return, which is significantly higher than ARKK's -7.38% return.

TYLD

• 1D: 0.06%
• 1M: 0.26%
• 6M: 1.62%
• YTD: 1.96%
• 1Y: 3.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.32%

ARKK

• 1D: -2.28%
• 1M: -12.32%
• 6M: -4.85%
• YTD: -7.38%
• 1Y: 0.11%
• 3Y*: 13.25%
• 5Y*: -9.65%
• 10Y*: 14.31%
• ALL TIME*: 12.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARKK ARK Innovation ETF	$356.24M	$389.65M	$523.48M
TYLD Cambria Tactical Yield ETF	$126.17K	$129.20K	$73.80K

TYLD vs. ARKK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TYLD Cambria Tactical Yield ETF	1.96%	4.05%	5.09%
ARKK ARK Innovation ETF	-7.38%	35.49%	17.00%

Correlation

The correlation between TYLD and ARKK is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.01
Correlation (All Time) Calculated using the full available price history since Jan 4, 2024	0.03

Return for Risk

TYLD vs. ARKK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TYLD

TYLD Risk / Return Rank: 99
TYLD Sharpe Ratio Rank: 99
TYLD Sortino Ratio Rank: 99
TYLD Omega Ratio Rank: 99
TYLD Calmar Ratio Rank: 99
TYLD Martin Ratio Rank: 99

ARKK

ARKK Risk / Return Rank: 9
ARKK Sharpe Ratio Rank: 9
ARKK Sortino Ratio Rank: 10
ARKK Omega Ratio Rank: 10
ARKK Calmar Ratio Rank: 8
ARKK Martin Ratio Rank: 8

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TYLD vs. ARKK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Tactical Yield ETF (TYLD) 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.

	TYLD	ARKK	Difference
Sharpe ratio: Return per unit of total volatility	5.28	-0.15	+5.43
Sortino ratio: Return per unit of downside risk	10.07	0.05	+10.02
Omega ratio: Gain probability vs. loss probability	2.58	1.01	+1.57
Calmar ratio: Return relative to maximum drawdown	21.67	-0.17	+21.84
Martin ratio: Return relative to average drawdown	114.54	-0.35	+114.89

TYLD vs. ARKK - Sharpe Ratio Comparison

The current TYLD Sharpe Ratio is 5.28, which is higher than the ARKK Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of TYLD and ARKK, 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

TYLD vs. ARKK - Drawdown Comparison

The maximum TYLD drawdown since its inception was -1.06%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for TYLD and ARKK.

Drawdown Indicators

	TYLD	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	-1.06%	-80.97%	+79.91%
Max Drawdown (1Y) Largest decline over 1 year	-0.18%	-31.35%	+31.17%
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%	-53.87%	+53.87%
Average Drawdown Average peak-to-trough decline	-0.10%	-30.38%	+30.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	15.57%	-15.54%

Volatility

TYLD vs. ARKK - Volatility Comparison

The current volatility for Cambria Tactical Yield ETF (TYLD) is 0.28%, while ARK Innovation ETF (ARKK) has a volatility of 10.19%. This indicates that TYLD 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.

Volatility by Period

	TYLD	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.28%	10.19%	-9.91%
Volatility (6M) Calculated over the trailing 6-month period	0.56%	27.72%	-27.16%
Volatility (1Y) Calculated over the trailing 1-year period	0.73%	36.83%	-36.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.72%	46.55%	-44.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.72%	40.48%	-38.76%

TYLD vs. ARKK - Expense Ratio Comparison

TYLD has a 0.59% expense ratio, which is lower than ARKK's 0.75% expense ratio.

Dividends

TYLD vs. ARKK - Dividend Comparison

TYLD's dividend yield for the trailing twelve months is around 3.72%, while ARKK has not 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%
TYLD Cambria Tactical Yield ETF	3.72%	4.38%	4.24%	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 TYLD and ARKK in my portfolio?

TYLD and ARKK have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYLD or ARKK?

ARKK has higher volatility (10.19%) compared to TYLD (0.28%). In terms of maximum drawdown, TYLD dropped -1.06% vs ARKK's -80.97%.

Which ETF is better, TYLD or ARKK?

On 1-year performance, TYLD leads with 3.76% vs 0.11% for ARKK. On fees, TYLD is cheaper at 0.59% per year. On volatility, TYLD has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TYLD or ARKK?

Over the 1-year period, TYLD has performed better with a 3.76% return vs 0.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TYLD or ARKK?

TYLD is cheaper with a 0.59% expense ratio, compared with 0.75% for ARKK.

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

TYLD has the higher dividend yield at 3.72%, compared with 0.00% for ARKK.

What is the main difference between TYLD and ARKK?

TYLD is categorized as Tactical Allocation, while ARKK is Technology Equities. They also come from different issuers: Cambria and ARK. Their fees differ too: 0.59% for TYLD and 0.75% for ARKK.

Which has better risk-adjusted returns?

TYLD currently has the higher Sharpe Ratio (5.28 vs -0.15), 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.