ARKK — ARK Innovation ETF

Overview

The ARK Innovation ETF, issued by ARK ETF Trust, operates within the Thematic category where ETFValuer tracks a total of five funds. This fund holds an overall rank of #119 out of 120 tracked ETFs across all categories and carries an ETFValuer grade of D with a score of 41.6 out of 100. It charges an expense ratio of 0.75% and offers a dividend yield of 0.00%, indicating a focus on capital appreciation rather than income distribution. With a current price of $80.16 and assets under management totaling $6.53 billion, the fund maintains a substantial presence despite its low ranking. The combination of a high expense ratio and zero yield suggests a strategy reliant entirely on price appreciation to generate returns for investors.

Short-term performance shows a decline over the last day at -1.27% and a further drop of -0.82% over the week, while the one-month return has reversed this trend to +7.61%. The three-month period demonstrates significant momentum with a return of +16.58%, contrasting with a -1.45% loss over the six-month horizon. Year-to-date gains stand at +2.36%, and the one-year return is recorded at +13.80%. Over a longer three-year period, the fund has delivered a cumulative return of +62.86%, highlighting a divergence between recent short-term volatility and sustained long-term growth.

The fund is assigned a Very High volatility label and exhibits a beta of 2.46, indicating that its price movements are significantly more sensitive to market fluctuations than the broader benchmark. This high sensitivity is reflected in a maximum drawdown of -39.56%, which represents the largest peak-to-trough decline experienced by the fund. Despite the substantial long-term returns, the Sharpe ratio of 0.24 suggests that the risk-adjusted returns have been relatively low compared to the volatility incurred. The combination of a high beta and deep drawdown implies that the fund tends to amplify market moves in both directions, resulting in a turbulent experience for investors during periods of market stress.

AI-generated summary based on the data on this page.

ARKK Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

ARKK Performance History

How ARKK Compares to Other Thematic ETFs