WDAF vs. ARKX
WDAF (WisdomTree Asia Defense Fund) and ARKX (ARK Space Exploration & Innovation ETF) are both Aerospace & Defense funds. WDAF is passively managed, while ARKX is actively managed. At a 0.46 correlation, their price movements are largely independent. WDAF charges 0.45%/yr vs 0.75%/yr for ARKX.
Performance
WDAF vs. ARKX - Performance Comparison
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Returns By Period
In the year-to-date period, WDAF achieves a 11.85% return, which is significantly lower than ARKX's 23.67% return.
WDAF
- 1D
- -1.56%
- 1M
- -13.31%
- YTD
- 11.85%
- 6M
- 16.15%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKX
- 1D
- -2.24%
- 1M
- 10.24%
- YTD
- 23.67%
- 6M
- 28.83%
- 1Y
- 69.46%
- 3Y*
- 36.41%
- 5Y*
- 11.53%
- 10Y*
- —
WDAF vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDAF WisdomTree Asia Defense Fund | 11.85% | -7.62% |
ARKX ARK Space Exploration & Innovation ETF | 23.67% | 10.23% |
Correlation
The correlation between WDAF and ARKX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.46 |
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Return for Risk
WDAF vs. ARKX — Risk / Return Rank
WDAF
ARKX
WDAF vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Asia Defense Fund (WDAF) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| WDAF | ARKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.15 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.43 | -0.28 |
Drawdowns
WDAF vs. ARKX - Drawdown Comparison
The maximum WDAF drawdown since its inception was -18.21%, smaller than the maximum ARKX drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for WDAF and ARKX.
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Drawdown Indicators
| WDAF | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.21% | -43.61% | +25.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -20.42% | — |
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 | -16.06% | -5.03% | -11.03% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -19.99% | +13.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.57% | — |
Volatility
WDAF vs. ARKX - Volatility Comparison
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Volatility by Period
| WDAF | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.01% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 25.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 32.10% | 32.49% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.10% | 27.72% | +4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.10% | 27.42% | +4.68% |
WDAF vs. ARKX - Expense Ratio Comparison
WDAF has a 0.45% expense ratio, which is lower than ARKX's 0.75% expense ratio.
Dividends
WDAF vs. ARKX - Dividend Comparison
WDAF's dividend yield for the trailing twelve months is around 0.12%, while ARKX has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ARKX ARK Space Exploration & Innovation ETF | 0.00% | 0.00% |
WDAF WisdomTree Asia Defense Fund | 0.12% | 0.13% |
Frequently Asked Questions
WDAF and ARKX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDAF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDAF is cheaper with a 0.45% expense ratio, compared with 0.75% for ARKX.
WDAF has the higher dividend yield at 0.12%, compared with 0.00% for ARKX.
They also come from different issuers: WisdomTree and ARK. Their fees differ too: 0.45% for WDAF and 0.75% for ARKX.
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