ARKG vs FQAL
ARK Genomic Revolution ETF vs Fidelity Quality Factor ETF
Quick Verdict
FQAL has a lower expense ratio. ARKG delivered stronger 1-year returns. FQAL offers more diversification with 130 holdings.
Side-by-Side Comparison
| Metric | ARKG | FQAL | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.15% | |
| AUM | $1.6B | $1.4B | |
| Dividend Yield | 0.00% | 1.15% | |
| Holdings | 32 | 130 | |
| YTD Return | +70.90% | +13.19% | |
| 1Y Return | +101.74% | +18.42% | |
| 3Y Return (annualized) | +17.45% | +20.31% | |
| 5Y Return (annualized) | -9.98% | +11.64% | |
| Volatility (annualized) | 37.1% | 15.0% | |
| Max Drawdown | -83.6% | -34.1% | |
| Fund Family | Ark Invest | Fidelity Investments (US) | |
| Category | Equity | Equity | |
| Inception | Oct 31, 2014 | Sep 12, 2016 |
ARKG vs FQAL Performance
ARK Genomic Revolution ETF (ARKG) is a ETF from Ark Invest and Fidelity Quality Factor ETF (FQAL) is a ETF from Fidelity Investments (US). Over the past year ARKG returned +101.74% while FQAL returned +18.42%. Year to date, ARKG is up 70.90% versus a gain of 13.19% for FQAL.
Over three years, ARKG compounded at +17.45% per year against +20.31% for FQAL; over five years the annualized figures are -9.98% and +11.64% respectively. Across the full 10-year window we track, FQAL has the edge at +13.80% annualized vs +8.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKG has been the more volatile fund, with annualized monthly volatility of 37.1% compared with 15.0% for FQAL. 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 -34.1% for FQAL. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ARKG charges 0.75% per year while FQAL charges 0.15%. On a $10,000 position that is $75 vs $15 annually, a gap of $60 per year that compounds over a long holding period. On income, ARKG currently yields 0.00% against 1.15% for FQAL.
Holdings Overlap
ARKG and FQAL share 1 holdings out of 155 unique holdings combined, representing a 1.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ARKG | Weight in FQAL | Difference |
|---|---|---|---|
| LLY | 4.82% | 1.86% | 2.96% |
Frequently Asked Questions
Which is cheaper, ARKG or FQAL?
ARKG has an expense ratio of 0.75% while FQAL charges 0.15%. FQAL is the cheaper option. On a $10,000 investment, that is $60 per year of difference.
Which performed better, ARKG or FQAL?
Over the past year ARKG returned +101.74% vs +18.42% for FQAL, so ARKG leads on 1-year performance. Over the longest common window we track (10 years), ARKG annualized +8.97% vs +13.80% for FQAL. Past performance does not guarantee future results.
Which is riskier, ARKG or FQAL?
ARKG has been the more volatile fund at 37.1% annualized versus 15.0% for FQAL. Worst drawdown: ARKG -83.6% vs FQAL -34.1%.
Should I hold both ARKG and FQAL?
ARKG and FQAL have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ARKG and FQAL?
ARKG and FQAL share 1 common holdings with a 1.9% weight overlap. Combined, they hold 155 unique securities.
Which pays a higher dividend, ARKG or FQAL?
ARKG yields 0.00% while FQAL yields 1.15%, so FQAL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.