XITK vs. ARKK

Last updated Aug 2, 2026

XITK (SPDR FactSet Innovative Technology ETF) and ARKK (ARK Innovation ETF) are both Technology Equities funds. XITK is passively managed, while ARKK is actively managed. Over the past 10 years, XITK returned 12.53%/yr vs 14.31%/yr for ARKK. Their correlation of 0.84 means they have usually moved in the same direction. XITK charges 0.45%/yr vs 0.75%/yr for ARKK.

Performance

XITK vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR FactSet Innovative Technology ETF (XITK) 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, XITK achieves a 3.17% return, which is significantly higher than ARKK's -7.38% return. Over the past 10 years, XITK has underperformed ARKK with an annualized return of 12.53%, while ARKK has yielded a comparatively higher 14.31% annualized return.

XITK

• 1D: 2.10%
• 1M: -2.48%
• 6M: 11.87%
• YTD: 3.17%
• 1Y: 1.26%
• 3Y*: 8.55%
• 5Y*: -3.68%
• 10Y*: 12.53%
• ALL TIME*: 13.77%

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
XITK SPDR FactSet Innovative Technology ETF	$94.40K	$185.95K	$342.96K

XITK vs. ARKK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XITK SPDR FactSet Innovative Technology ETF	3.17%	2.53%	19.12%	45.87%	-47.45%	-11.24%	90.22%	36.98%	7.60%	36.01%
ARKK ARK Innovation ETF	-7.38%	35.49%	8.40%	69.04%	-66.97%	-23.60%	152.71%	35.08%	3.52%	87.33%

Correlation

The correlation between XITK and ARKK is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Jan 14, 2016	0.84

The correlation between XITK and ARKK shifts across timeframes, from 0.73 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

XITK vs. ARKK - Sectors Allocation Comparison

Sectors	XITK	ARKK
Technology	82.6%	25.8%
Communication Services	10.0%	7.1%
Industrials	2.1%	9.4%
Financial Services	2.0%	12.8%
Healthcare	1.9%	32.0%
Consumer Cyclical	1.0%	13.0%
Real Estate	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

XITK vs. ARKK — Risk / Return Rank

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

XITK

XITK Risk / Return Rank: 10
XITK Sharpe Ratio Rank: 10
XITK Sortino Ratio Rank: 11
XITK Omega Ratio Rank: 11
XITK Calmar Ratio Rank: 10
XITK Martin Ratio Rank: 10

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.

XITK vs. ARKK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) 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.

	XITK	ARKK	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	-0.15	+0.10
Sortino ratio: Return per unit of downside risk	0.14	0.05	+0.09
Omega ratio: Gain probability vs. loss probability	1.02	1.01	+0.01
Calmar ratio: Return relative to maximum drawdown	-0.05	-0.17	+0.12
Martin ratio: Return relative to average drawdown	-0.11	-0.35	+0.24

XITK vs. ARKK - Sharpe Ratio Comparison

The current XITK Sharpe Ratio is -0.05, which is higher than the ARKK Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of XITK 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

XITK vs. ARKK - Drawdown Comparison

The maximum XITK drawdown since its inception was -65.56%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for XITK and ARKK.

Drawdown Indicators

	XITK	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	-65.56%	-80.97%	+15.41%
Max Drawdown (1Y) Largest decline over 1 year	-28.03%	-31.35%	+3.32%
Max Drawdown (3Y) Largest decline over 3 years	-28.18%	-39.56%	+11.38%
Max Drawdown (5Y) Largest decline over 5 years	-61.53%	-76.27%	+14.74%
Max Drawdown (10Y) Largest decline over 10 years	-65.56%	-80.97%	+15.41%
Current Drawdown Current decline from peak	-29.65%	-53.87%	+24.22%
Average Drawdown Average peak-to-trough decline	-22.17%	-30.38%	+8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.69%	15.57%	-2.88%

Volatility

XITK vs. ARKK - Volatility Comparison

The current volatility for SPDR FactSet Innovative Technology ETF (XITK) is 9.22%, while ARK Innovation ETF (ARKK) has a volatility of 10.19%. This indicates that XITK 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

	XITK	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.22%	10.19%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	25.08%	27.72%	-2.64%
Volatility (1Y) Calculated over the trailing 1-year period	29.28%	36.83%	-7.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.07%	46.55%	-13.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.72%	40.48%	-10.76%

XITK vs. ARKK - Expense Ratio Comparison

XITK has a 0.45% expense ratio, which is lower than ARKK's 0.75% expense ratio.

Dividends

XITK vs. ARKK - Dividend Comparison

Neither XITK nor ARKK has 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%
XITK SPDR FactSet Innovative Technology ETF	0.00%	0.00%	0.00%	0.08%	0.11%	0.00%	0.06%	0.14%	1.50%	1.74%	1.88%	0.00%

Frequently Asked Questions

Can I hold both XITK and ARKK in my portfolio?

XITK and ARKK have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XITK or ARKK?

ARKK has higher volatility (10.19%) compared to XITK (9.22%). In terms of maximum drawdown, XITK dropped -65.56% vs ARKK's -80.97%.

Which ETF is better, XITK or ARKK?

On 10-year performance, ARKK leads with 14.31% vs 12.53% for XITK. On fees, XITK is cheaper at 0.45% per year. On volatility, XITK has been the lower-risk option at 9.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XITK or ARKK?

Over the 10-year period, ARKK has performed better with a 14.31% return vs 12.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XITK or ARKK?

XITK is cheaper with a 0.45% expense ratio, compared with 0.75% for ARKK.

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

XITK and ARKK have nearly identical dividend yields, around 0.00%.

What is the main difference between XITK and ARKK?

They also come from different issuers: State Street and ARK. Their fees differ too: 0.45% for XITK and 0.75% for ARKK.

Which has better risk-adjusted returns?

XITK currently has the higher Sharpe Ratio (-0.05 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.