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Data as of . Every figure is the themes desk's own, on published data.

ARKK vs SHLD

ARK Innovation ETF and Global X Defense Tech ETF, side by side on the themes desk.

5% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, ARKK and SHLD hold 5% of their money in the same securities at the same weight.

Positions ARKK and SHLD both hold, largest shared weight first
HoldingARKKSHLD
PALANTIR TECHNOLOGIES INC-A2.88%7.09%
KRATOS DEFENSE & SECURITY0.98%1.82%
BWX TECHNOLOGIES INC0.88%3.06%
Largest positions each one holds and the other does not
Only in ARKKOnly in SHLD
TESLA INC 9.62%LOCKHEED MARTIN CORPORATION 8.45%
SPACE EXPLORATION TECHN-CL A 6.28%RTX CORPORATION 7.78%
CIRCLE INTERNET GROUP INC 6.06%GENERAL DYNAMICS CORPORATION 7.70%
TEMPUS AI INC-CL A 5.17%Rheinmetall Aktiengesellschaft 5.78%
COINBASE GLOBAL INC -CLASS A 4.76%BAE SYSTEMS PLC 4.90%
CRISPR THERAPEUTICS AG 4.55%L3HARRIS TECHNOLOGIES, INC. 4.71%
ROBINHOOD MARKETS INC - A 4.28%HANWHA AEROSPACE CO., LTD. 4.41%
SHOPIFY INC - CLASS A 3.37%LEONARDO - SOCIETA PER AZIONI 4.36%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for May 31, 2026 and Sep 4, 2026.

Performance, window by window

ARKK and SHLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ARKKSHLDARKKSHLDARKKSHLD
3 months+15.8%+0.2%+11.1 pts−4.5 pts+13.7 pts−1.9 pts
6 months+19.1%−18.2%+3.9 pts−33.4 pts−1.1 pts−38.4 pts
1 year+14.9%+2.3%−5.0 pts−17.7 pts−10.7 pts−23.3 pts
3 years+97.5%n/a+19.6 ptsn/a+4.1 ptsn/a
Since launch+367.8%+158.9%+2.5 pts+79.9 pts−308.1 pts+63.5 pts
Open the live comparison on ETFIQ
ARKK and SHLD on the themes desk fields, as of Sep 4, 2026. Source: ETFIQ.
ARKK
ARK Innovation ETF
SHLD
Global X Defense Tech ETF
IssuerARKGlobal X
ThemeBroad innovation and megatrendsDefense
In the S&P 50037.9%44.8%
Active share vs the S&P 50085.4%98.7%
In the Nasdaq-10028.4%7.1%
Holdings4748
Top ten, share of the fund50.3%59.5%
Expense ratio0.75%0.50%
Fee for the differing part0.88%0.51%
Total return, 1 year+14.9%+2.3%
vs the S&P 500−5.0 pts−17.7 pts
vs the Nasdaq-100−10.7 pts−23.3 pts
Below its high−44.2%−19.0%

ARKK in plain words

By weight, 38% of ARKK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 85%. The top ten holdings are 50% of the fund across 47 positions, as filed for Sep 4, 2026. Over the year to Sep 4, 2026 the fund returned +14.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.0 pts. It sits 44.2% below its all-time high of Feb 12, 2021.

SHLD in plain words

By weight, 45% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 60% of the fund across 48 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +2.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 17.7 pts. It sits 19.0% below its all-time high of Mar 9, 2026.

Questions people ask

Do ARKK and SHLD hold the same stocks?
By their latest filings, 5% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ARKK or SHLD?
ARKK has 38% of its weight in S&P 500 names and SHLD has 45%, so SHLD differs more from the index.
Which is cheaper, ARKK or SHLD?
ARKK charges 0.75% a year and SHLD charges 0.50%, so SHLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ARKK against SHLD, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ARKK against SHLD, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ARKK-SHLD.html Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources