ARKQ vs SPY

ARKQ vs SPY

Which is better, ARKQ or SPY?

Large Cap Growth against Large Cap Blend.

SPY has a lower expense ratio. ARKQ led over 1Y, 3Y and the full window, SPY over 5Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 55.9%.

Lower Fees: SPYHigher Returns: splitLess Concentrated: SPY

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricARKQSPY
Expense Ratio0.75%0.09%Best
AUM$1.9B$814.4B
Dividend Yield0.27%1.01%
Holdings39505
YTD Return+3.22%+13.34%Best
1Y Return+27.43%Best+19.97%
3Y Return (annualized)+30.64%Best+21.20%
5Y Return (annualized)+7.57%+12.81%Best
Volatility (annualized)27.4%14.9%Best
Max Drawdown-59.9%-34.1%Best
$10,000 over 5 years$14,403$18,270Best
Top 10 Weight55.9%38.0%Best
Fund FamilyArk InvestState Street Investment Management
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionSep 30, 2014Jan 22, 1993

Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2014 to Sep 4, 2026 (11.9 years).

ARKQ vs SPY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.9 years both funds cover.

ARKQ vs SPY Performance

ARK Autonomous Technology & Robotics ETF (ARKQ) is an ETF from Ark Invest and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ARKQ returned +27.43% while SPY returned +19.97%. Year to date, ARKQ is up 3.22% versus a gain of 13.34% for SPY.

Over three years, ARKQ compounded at +30.64% per year against +21.20% for SPY; over five years the annualized figures are +7.57% and +12.81% respectively. Across the full 12-year window we track, ARKQ has the edge at +17.17% annualized vs +12.81%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ARKQ has been the more volatile fund, with annualized monthly volatility of 27.4% compared with 14.9% for SPY. 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 -59.9% for ARKQ and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ARKQ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, ARKQ currently yields 0.27% against 1.01% for SPY.

Holdings Overlap

ARKQ already in SPY52.7%
SPY already in ARKQ25.5%

52.7% of ARKQ's money is in holdings SPY also owns. 25.5% of SPY's money is in holdings ARKQ also owns.

The two portfolios partly overlap.

17 positions in common, counted across the 38 positions we hold weights for in ARKQ and 503 in SPY, against full books of 39 and 505.

What only one of them owns

Our book lists 476 positions for SPY that do not appear in our book for ARKQ (73.9% of the fund), and 15 for ARKQ that do not appear in SPY (38.3%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in ARKQWeight in SPYDifference
NVDANvidia Corp.3.57%7.71%4.14%
TSLATesla Motors Inc9.45%1.38%8.07%
AMZNAmazon.Com Inc3.40%4.08%0.68%
AMDAdvanced Micro Devices Inc5.86%1.27%4.59%
GOOGAlphabet, Inc., Class C4.37%2.67%1.70%
TERTeradyne Inc6.67%0.09%6.58%
PLTRPalantir Technologies Inc4.46%0.56%3.90%
AVGOBroadcom Inc1.71%2.97%1.26%
GOOGL Alphabet Inc. Class A0.26%3.33%3.07%
LHXL3Harris Technologies Inc.3.09%0.08%3.01%

52.7% of ARKQ is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

ARKQSPY

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Frequently Asked Questions

Which is cheaper, ARKQ or SPY?

ARKQ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.

Which performed better, ARKQ or SPY?

Over the past year ARKQ returned +27.43% vs +19.97% for SPY, so ARKQ leads on 1-year performance. Over the longest common window we track (12 years), ARKQ annualized +17.17% vs +12.81% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ARKQ or SPY?

ARKQ has been the more volatile fund at 27.4% annualized versus 14.9% for SPY. Worst drawdown: ARKQ -59.9% vs SPY -34.1%.

Should I hold both ARKQ and SPY?

ARKQ and SPY have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between ARKQ and SPY?

52.7% of ARKQ's money is in holdings SPY also owns. 25.5% of SPY's is in holdings ARKQ also owns. They hold 17 positions in common, counted across the 38 positions we hold weights for in ARKQ and 503 in SPY.

Which pays a higher dividend, ARKQ or SPY?

ARKQ yields 0.27% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

Is SPY better than ARKQ?

SPY has a lower expense ratio. ARKQ led over 1Y, 3Y and the full window, SPY over 5Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 55.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.