ARKY vs SPY
ARK Active Autocallable Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ARKY or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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
| Metric | ARKY | SPY |
|---|---|---|
| Expense Ratio | 0.85% | 0.09%Best |
| AUM | $20M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 3 | 505 |
| YTD Return | -3.50% | +10.96%Best |
| 1Y Return | -3.50% | +15.52%Best |
| 3Y Return (annualized) | - | +20.73% |
| 5Y Return (annualized) | - | +12.53% |
| Volatility (annualized) | 74.6% | 12.1%Best |
| Max Drawdown | -58.5% | -18.8%Best |
| $10,000 over 2.6 years | $7,132 | $15,726Best |
| Fund Family | Ark Invest | State Street Investment Management |
| Category | Equity | Equity |
| Style | - | Large Cap Blend |
| Inception | Aug 19, 2026 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 29, 2024 to Sep 16, 2026 (2.6 years).
ARKY 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 2.6 years both funds cover.
ARKY vs SPY Performance
ARK Active Autocallable Income ETF (ARKY) 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 ARKY returned -3.50% while SPY returned +15.52%. Year to date, ARKY is down 3.50% versus a gain of 10.96% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKY has been the more volatile fund, with annualized monthly volatility of 74.6% compared with 12.1% 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 -58.5% for ARKY and -18.8% 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ARKY charges 0.85% per year while SPY charges 0.09%. On a $10,000 position that is $85 vs $9 annually, a gap of $76 per year that compounds over a long holding period. On income, ARKY currently yields 0.00% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of ARKY and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ARKY or SPY?
ARKY has an expense ratio of 0.85% while SPY charges 0.09%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, ARKY or SPY?
Over the past year ARKY returned -3.50% vs +15.52% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARKY or SPY?
ARKY has been the more volatile fund at 74.6% annualized versus 12.1% for SPY. Worst drawdown: ARKY -58.5% vs SPY -18.8%.
Should I hold both ARKY and SPY?
ARKY and SPY have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ARKY or SPY?
ARKY yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than ARKY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.