ARKG vs CGW
ARK Genomic Revolution ETF vs Invesco S&P Global Water Index ETF
Quick Verdict
CGW has a lower expense ratio. ARKG delivered stronger 1-year returns. CGW offers more diversification with 82 holdings.
Side-by-Side Comparison
| Metric | ARKG | CGW | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.58% | |
| AUM | $1.6B | $1.1B | |
| Dividend Yield | 0.00% | 1.54% | |
| Holdings | 32 | 82 | |
| YTD Return | +48.90% | +2.86% | |
| 1Y Return | +73.25% | +2.90% | |
| 3Y Return (annualized) | +11.21% | +10.68% | |
| 5Y Return (annualized) | -11.54% | +3.54% | |
| Volatility (annualized) | 36.3% | 17.3% | |
| Max Drawdown | -83.6% | -57.2% | |
| Fund Family | Ark Invest | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 31, 2014 | May 14, 2007 |
ARKG vs CGW Performance
ARK Genomic Revolution ETF (ARKG) is a ETF from Ark Invest and Invesco S&P Global Water Index ETF (CGW) is a ETF from Invesco (US). Over the past year ARKG returned +73.25% while CGW returned +2.90%. Year to date, ARKG is up 48.90% versus a gain of 2.86% for CGW.
Over three years, ARKG compounded at +11.21% per year against +10.68% for CGW; over five years the annualized figures are -11.54% and +3.54% respectively. Across the full 12-year window we track, ARKG has the edge at +7.73% annualized vs +7.22%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKG has been the more volatile fund, with annualized monthly volatility of 36.3% compared with 17.3% for CGW. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -83.6% for ARKG and -57.2% for CGW. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ARKG charges 0.75% per year while CGW charges 0.58%. On a $10,000 position that is $75 vs $58 annually, a gap of $17 per year that compounds over a long holding period. On income, ARKG currently yields 0.00% against 1.54% for CGW.
Holdings Overlap
ARKG and CGW share 0 holdings out of 98 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ARKG or CGW?
ARKG has an expense ratio of 0.75% while CGW charges 0.58%. CGW is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, ARKG or CGW?
Over the past year ARKG returned +73.25% vs +2.90% for CGW, so ARKG leads on 1-year performance. Over the longest common window we track (12 years), ARKG annualized +7.73% vs +7.22% for CGW. Past performance does not guarantee future results.
Which is riskier, ARKG or CGW?
ARKG has been the more volatile fund at 36.3% annualized versus 17.3% for CGW. Worst drawdown: ARKG -83.6% vs CGW -57.2%.
Should I hold both ARKG and CGW?
ARKG and CGW have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ARKG and CGW?
ARKG and CGW share 0 common holdings with a 0.0% weight overlap. Combined, they hold 98 unique securities.
Which pays a higher dividend, ARKG or CGW?
ARKG yields 0.00% while CGW yields 1.54%, so CGW currently pays the higher dividend yield.
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