WDGF vs. ARKX
WDGF (WisdomTree Global Defense Fund) and ARKX (ARK Space Exploration & Innovation ETF) are both Aerospace & Defense funds. WDGF is passively managed, while ARKX is actively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. WDGF charges 0.45%/yr vs 0.75%/yr for ARKX.
Performance
WDGF vs. ARKX - Performance Comparison
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Returns By Period
In the year-to-date period, WDGF achieves a 2.92% return, which is significantly lower than ARKX's 5.59% return.
WDGF
- 1D
- 0.72%
- 1M
- -2.03%
- 6M
- -9.84%
- YTD
- 2.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ARKX
- 1D
- 0.82%
- 1M
- -9.65%
- 6M
- -4.35%
- YTD
- 5.59%
- 1Y
- 19.77%
- 3Y*
- 25.50%
- 5Y*
- 8.51%
- 10Y*
- —
- ALL TIME*
- 7.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.56M | $23.90M | $44.78M | |
| $47.19K | $44.58K | $156.04K |
WDGF vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WDGF WisdomTree Global Defense Fund | 2.92% | -0.39% |
ARKX ARK Space Exploration & Innovation ETF | 5.59% | 11.50% |
Correlation
The correlation between WDGF and ARKX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 12, 2025 | 0.76 |
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Return for Risk
WDGF vs. ARKX — Risk / Return Rank
WDGF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ARKX
WDGF vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Defense Fund (WDGF) 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.
| WDGF | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.79 | — |
| Martin ratioReturn relative to average drawdown | — | 1.83 | — |
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Drawdowns
WDGF vs. ARKX - Drawdown Comparison
The maximum WDGF drawdown since its inception was -18.00%, smaller than the maximum ARKX drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for WDGF and ARKX.
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Drawdown Indicators
| WDGF | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.00% | -43.61% | +25.61% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.78% | — |
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 | -12.87% | -18.92% | +6.05% |
Average DrawdownAverage peak-to-trough decline | -7.00% | -19.79% | +12.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.41% | — |
Volatility
WDGF vs. ARKX - Volatility Comparison
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Volatility by Period
| WDGF | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.26% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.80% | 33.91% | -11.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 28.38% | -5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.80% | 27.76% | -4.96% |
WDGF vs. ARKX - Expense Ratio Comparison
WDGF has a 0.45% expense ratio, which is lower than ARKX's 0.75% expense ratio.
Dividends
WDGF vs. ARKX - Dividend Comparison
WDGF's dividend yield for the trailing twelve months is around 0.05%, while ARKX has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ARKX ARK Space Exploration & Innovation ETF | 0.00% | 0.00% |
WDGF WisdomTree Global Defense Fund | 0.05% | 0.05% |
Frequently Asked Questions
WDGF and ARKX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDGF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDGF is cheaper with a 0.45% expense ratio, compared with 0.75% for ARKX.
WDGF has the higher dividend yield at 0.05%, compared with 0.00% for ARKX.
They also come from different issuers: WisdomTree and ARK. Their fees differ too: 0.45% for WDGF and 0.75% for ARKX.
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