Data as of .
AIRR vs ARKK: which is really different?
ARKK holds 38.1% of its weight in S&P 500 companies and AIRR 5.5%.
ETFIQ Off-Index Score: AIRR scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 371 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, AIRR and ARKK hold 2% of their money in the same securities at the same weight.
| Holding | AIRR | ARKK |
|---|---|---|
| Kratos Defense & Security Solutions, Inc | 3.38% | 1.01% |
| BWX Technologies, Inc. | 3.09% | 0.88% |
| Only in AIRR | Only in ARKK |
|---|---|
| IES Holdings, Inc. 3.83% | TESLA INC 9.75% |
| SPX Technologies 3.10% | SPACE EXPLORATION TECHN-CL A 6.52% |
| Owens Corning 3.03% | CIRCLE INTERNET GROUP INC 5.56% |
| Nextpower Inc. (Class A) 2.89% | TEMPUS AI INC-CL A 4.83% |
| Saia, Inc. 2.83% | CRISPR THERAPEUTICS AG 4.52% |
| C.H. Robinson Worldwide, Inc. 2.77% | COINBASE GLOBAL INC -CLASS A 4.47% |
| Huntington Ingalls Industries, Inc. 2.77% | ROBINHOOD MARKETS INC - A 4.18% |
| Clean Harbors, Inc. 2.75% | TWIST BIOSCIENCE CORP 3.29% |
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 dated Sep 10, 2026 and Sep 11, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIRR | ARKK | AIRR | ARKK | AIRR | ARKK | |
| 3 months | −17.1% | +10.5% | −20.4 pts | +7.2 pts | −16.3 pts | +11.3 pts |
| 6 months | −1.1% | +19.0% | −17.1 pts | +3.0 pts | −21.8 pts | −1.7 pts |
| 1 year | +15.0% | +6.7% | −2.5 pts | −10.8 pts | −8.0 pts | −16.2 pts |
| 3 years | +102.4% | +89.9% | +24.5 pts | +12.0 pts | +7.3 pts | −5.2 pts |
| Since launch | +460.7% | +353.4% | +56.4 pts | −8.3 pts | −312.8 pts | −318.1 pts |
| AIRR First Trust RBA American Industrial Renaissance ETF Holds 58 stocks in reshoring and manufacturing, 6% of its weight in S&P 500 companies | ARKK ARK Innovation ETF Holds 47 stocks in broad innovation and megatrends, 38% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | ARK |
| Theme | Reshoring and manufacturing | Broad innovation and megatrends |
| In the S&P 500 | 5.5% | 38.1% |
| Active share vs the S&P 500 | 99.9% | 85.0% |
| In the Nasdaq-100 | 0.0% | 28.6% |
| Holdings | 58 | 47 |
| Top ten, share of the fund | 30.4% | 49.4% |
| Expense ratio | 0.69% | 0.75% |
| Fee for the differing part | 0.69% | 0.88% |
| Total return, 1 year | +15.0% | +6.7% |
| vs the S&P 500 | −2.5 pts | −10.8 pts |
| vs the Nasdaq-100 | −8.0 pts | −16.2 pts |
| Below its high | −19.5% | −45.9% |
AIRR in plain words
By weight, 6% of AIRR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 30% of the fund across 58 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +15.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 2.5 pts. It sits 19.5% below its all-time high of Jun 22, 2026.
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 49% of the fund across 47 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +6.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 10.8 pts. It sits 45.9% below its all-time high of Feb 12, 2021.
Questions people ask
- Which is more different from the S&P 500, AIRR or ARKK?
- AIRR has 6% of its weight in S&P 500 names and ARKK has 38%, so AIRR differs more from the index.
- Which is cheaper, AIRR or ARKK?
- AIRR charges 0.69% a year and ARKK charges 0.75%, so AIRR 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.
Cite this page. ETFIQ, AIRR against ARKK, data as of Sep 11, 2026. https://etfiq.com/compare/themes/airr-vs-arkk Free to use with attribution; the underlying files are at Open data.