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ARKW vs XITK

ARK Next Generation Internet ETF

ARKWDCboe

State Street SPDR FactSet Innovative Technology ETF

XITKANYSE Arca

Overlap

13.2%by weight

Expense ratio

XITK −0.31pt a year

ARKW0.76%XITK0.45%

Avg volume · 30D

ARKW 35.6×the volume

ARKW76.7KXITK2.15K

10Y return · a year

ARKW +9.0pt

ARKW+21.9%XITK+12.9%

ARKW vs XITK Performance

Oct 29, 2021 – Oct 30, 2026

−2.2%ARKW−17.4%XITK

Oct 29, 2021 to Oct 30, 2026. ARKW −2.2%. XITK −17.4%. Use the arrow keys to read each point.−80%−60%−40%20%Oct 2021Apr 2024Oct 2026
Expense ratio
ARKW 0.76%
XITK 0.45%, better
Fund size
ARKW $2.03B
XITK $67M
1Y total return
ARKW −15.6%
XITK +0.6%, better
Yield (12M)
ARKW 1.60%, better
XITK 0.00%
Holdings
ARKW 41
XITK 95
Avg volume (30D)
ARKW 76.7K sh, better
XITK 2.15K sh
NAV per share
ARKW $146.97
XITK $197.42
52W range

ETF.net Grade

ARKW: Cost 22, Risk 20, Mission 57, Tradability 66, Holdings 36, Durability 85. XITK: Cost 95, Risk 37, Mission not scored, Tradability 65, Holdings 81, Durability 73.
Pillar letters and Scores for ARKW, XITK, with each pillar’s weight
PillarARKWXITK
Cost30% weightF22A95Higher
Mission25% weightB57Not scored
Risk15% weightF20D37Higher
Tradability15% weightB66HigherB65
Holdings10% weightD36A81Higher
Durability5% weightA85HigherA73

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ARKW and XITK are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds
See all 30 ›

XITK ranks 4th and ARKW 25th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 86
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
  3. Rank 3ATRFMAAM Transformers ETFScore 74
  4. Rank 4AXITKState Street SPDR FactSet Innovative Technology ETFScore 73
  5. Rank 5AGINNGoldman Sachs Innovate Equity ETFScore 70
  6. Rank 23DYNOTHorizon Digital Frontier ETFScore 39
  7. Rank 25DARKWARK Next Generation Internet ETFScore 36
  8. Rank 26DDUNKDana Unconstrained Equity ETFScore 34

Our read on each fund

ETF.net Research

ARKWDARK Next Generation Internet ETF

XITKAState Street SPDR FactSet Innovative Technology ETF

In short

ARKW ARK's internet-native sibling to its flagship: a decade-old, actively managed, globally invested portfolio of next-generation internet companies. No index to hug, no closet benchmark, just a concentrated list picked by conviction.

XITK Most innovation funds pick a theme and hope. XITK lets the data pick: FactSet ranks tech and electronic-media segments by growth, keeps the top quartile, then equal-weights roughly 100 names so no single giant runs the show.

Stated mandate

ARKW The fund seeks long-term capital growth through an actively managed portfolio investing primarily in domestic and foreign equities connected to the next-generation-internet theme.

XITK The fund seeks to track the total return of the FactSet Innovative Technology Index before fees and expenses. Its mandate targets innovative technology-related companies with robust revenue growth and leading-edge products or services.

Why people hold it

  • ARKW Genuinely active, not index-shaped: managers hand-pick next-generation internet names across US and foreign markets instead of tracking a benchmark.
  • Trading since 2014, giving it a decade-plus operating history, rare for a fund built around a single technology story.
  • A multi-billion-dollar fund that stays one of the easier active thematic ETFs to get in and out of, despite how focused the portfolio is.
  • XITK Costs 0.45% a year, comfortably under the 0.65% median for disruptive-innovation funds, and it does it inside a plain index wrapper from a major ETF shop.
  • Equal weighting at each reset gives the hundredth holding the same slot as the first, so results lean on the whole basket rather than two or three mega-caps.factset.com
  • Screens segments, not slogans: only companies drawing most of their revenue from the fastest-growing corners of tech and electronic media make the cut.factset.comssga.com
  • Trading since 2016, giving it a live record across several tech cycles, and it sits in the upper tier of our innovation-fund cohort review.

Worth knowing

  • ARKW At 0.76% a year it runs above the typical active US equity ETF and several times the fee on quant core funds like DFAC (0.17%) or AVLC (0.15%).
  • Concentration cuts both ways: a focused, high-conviction book has swung far harder than a broad market fund, and a few positions drive most of the result.
  • Distributions come only annually or semiannually. This is a growth-mandate fund, not an income one.
  • XITK Growth-screened tech, equal-weighted, means smaller names carry a giant's weight. Expect a rougher ride than a cap-weighted tech fund.
  • Thinly traded for its category and modest in size, so bid-ask spreads can run wider than the household-name tech ETFs.
  • Cheaper shelfmates exist: KOMP runs a broad new-economy basket for 0.20%.

Full ARKW profile⁠

Full XITK profile⁠

ARKW vs XITK Holdings

How ARKW and XITK differ

Overlap by weight

13.2%

Shared holdings make up 26.9% of ARKW and 13.7% of XITK.

Level by level

  • Holdings11 in both13.2%
  • Sector7 Sectors63.5%
  • Countryby domicile92.3%
  • Asset classEquity100%

Sector

Sector weights in ARKW and XITK, widest gap first
SectorMore in ARKWMore in XITK
TechnologyXITK +31.9 points
FinancialsARKW +15.1 points
Consumer DiscretionaryARKW +14.4 points
Health CareXITK +4.2 points
IndustrialsARKW +3.6 points
CommunicationARKW +3.4 points
Real EstateXITK +0.4 points

Country, concentration and asset class

Country by domicile

Country weights in ARKW and XITK, widest gap first
CountryMore in ARKWMore in XITK
CanadaARKW +4.8 points
ChinaXITK +3.6 points
United StatesXITK +3.6 points
TaiwanARKW +1.7 points
BrazilARKW +1.3 points
IsraelXITK +0.6 points

Concentration

Weight in the 10 largest Holdings

  • ARKW46.0%
  • XITK22.1%

Securities held

  • ARKW41
  • XITK94

Asset class

ARKW
Equity
XITK
Equity

Holdings

  • Only in ARKW30
  • In both11
  • Only in XITK83

Only in ARKW

30 securities, 73.1% of ARKW by weight

  • Tesla Inc8.63%
  • Circle Internet Group Inc4.53%
  • Shopify Inc - Class A4.43%

Only in XITK

83 securities, 86.2% of XITK by weight

  • Axt Inc4.00%
  • Silicon Motion Technol Adr2.53%
  • Applied Optoelectronics Inc2.41%

Weight gaps

All 11 Holdings in both funds, largest gap first.

Holding weights in ARKW and XITK, widest gap first
HoldingMore in ARKWMore in XITK
Meta Platforms Inc-Class AMETAARKW +4.38 points
NVIDIA CorpNVDAARKW +3.05 points
Broadcom IncAVGOARKW +1.73 points
Palantir Technologies Inc-APLTRARKW +1.62 points
Rubrik Inc-ARBRKARKW +0.76 points
Datadog Inc - Class ADDOGARKW +0.76 points
Snowflake IncSNOWXITK +0.48 points
Advanced Micro DevicesAMDARKW +0.38 points

All ARKW holdings⁠All 94 XITK holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ARKW vs XITK Cost

Overpaying ARKW vs XITK

$5,615

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ARKW 0.76%

    $14,656

  • XITK 0.45%

    $9,041

$10,000
30 years

Cost over time

  • ARKW 0.76%
  • XITK 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ARKW $14,656XITK $9,041

Year by year

YearARKWXITKOverpaying
10$1,353$812$541
20$5,142$3,128$2,014
30$14,656$9,041$5,615

Expense ratio

  • 0.76%ARKW
  • 0.45%XITK, cheaper
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

XITK 2nd cheapest of 30 funds

ARKW 27th cheapest of 30 funds

ARKW vs XITK Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ARKW 1.60%, better
XITK 0.00%
Payout (12M)
ARKW $2.35
XITK None
Last payment
ARKW $2.35
XITK No data
Ex-dividend
ARKW Dec 26, 2025
XITK No data
Paid on
ARKW Dec 29, 2025
XITK No data
Frequency
ARKW Irregular
XITK No data

Distribution history

Per share, 2017 to 2026, same scale for both

ARKWIrregular · 5 paymentsAll ARKW payments⁠
One bar per payment. 5 payments from 2017 to 2026 YTD. Dec 27, 2017 $0.94; Dec 27, 2018 $5.54; Dec 29, 2020 $1.89; Dec 29, 2021 $3.31; Dec 26, 2025 $2.35. Use the arrow keys to read each point.$0$52017202020232026YTD
XITK9 paymentsAll XITK payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 15, 2017 $1.36; Dec 24, 2018 $1.24; Dec 23, 2019 $0.16; Dec 21, 2020 $0.13; Jun 21, 2022 $0.06; Sep 19, 2022 $0.05; Jun 20, 2023 $0.0071; Sep 18, 2023 $0.0094; Dec 18, 2023 $0.10. Use the arrow keys to read each point.$0$52017202020232026YTD

ARKW vs XITK Risk

Fall from peak · 5 years

  • ARKW
  • XITK
Oct 29, 2021 to Oct 30, 2026. Worst fall: ARKW −76.8% · Dec 2022. Use the arrow keys to read each point.−80%−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
ARKW 37.7%XITK 25.4%, better
Return per unit of riskSharpe ratio, 3 years
ARKW 1.01, betterXITK 0.63
Worst fallMax drawdown, 5 years
ARKW −76.8%XITK −61.4%, better
Market sensitivityBeta, 5 years
ARKW 2.34XITK 1.67

ARKW and XITK in the news

All news⁠

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