Do ARKF and BPAY hold the same stocks?

By their latest filings, 15% 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, ARKF or BPAY?

ARKF has 43% of its weight in S&P 500 names and BPAY has 32%, so BPAY differs more from the index.

Which is cheaper, ARKF or BPAY?

ARKF charges 0.75% a year and BPAY charges 0.55%, so BPAY is cheaper. Fees come from each fund's prospectus.

Share on X Download as PDF Open live

ARKF vs BPAY: which is really different?

ARKF and BPAY hold 15% of their weight in the same names, and BPAY returned −18.4% over the year. ARK Blockchain & Fintech Innovation ETF and iShares FinTech Active ETF.

42.9%

ARKF in the S&P 500

32.4%

BPAY in the S&P 500

−19.8%

ARKF total return, 1 year

−18.4%

BPAY total return, 1 year

ARKF · 1 year to Sep 30, 202657% of its weight is outside the S&P 500

43% of ARKF's weight is in S&P 500 companies and 57% is outside the index

BPAY · 1 year to Sep 30, 202668% of its weight is outside the S&P 500

32% of BPAY's weight is in S&P 500 companies and 68% is outside the index

ETFIQ Off-Index Score · BPAY scores higherHow much of it is not the index it is sold as an alternative to?

ARKF 22.9

BPAY 43.7

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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, ARKF and BPAY hold 15% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 29, 2026.

50%

half

15% in common

Positions both hold, largest shared weight first

Holding ARKF BPAY

ROBINHOOD MARKETS INC - A 5.61% 4.87%

BLOCK INC 7.60% 4.02%

SEA LTD-ADR 1.86% 3.36%

ADYEN NV 1.78% 1.85%

KLARNA GROUP PLC 1.06% 2.47%

ETORO GROUP LTD-A 0.80% 2.78%

JSC KASPI.KZ ADR 0.47% 4.14%

Only in ARKF

SHOPIFY INC - CLASS A 7.85%

CIRCLE INTERNET GROUP INC 6.12%

COINBASE GLOBAL INC -CLASS A 5.99%

ARK BITCOIN ETF HOLDCO (ARKF) 5.10%

META PLATFORMS INC-CLASS A 4.51%

PALANTIR TECHNOLOGIES INC-A 4.51%

TOAST INC-CLASS A 4.05%

AMAZON.COM INC 3.66%

Only in BPAY

BLK CSH FND TREASURY SL AGENCY 5.62%

GLOBAL PAYMENTS INC 4.91%

CHIME FINANCIAL CLASS A 4.53%

CAPITAL ONE FINANCIAL CORP 4.21%

FIDELITY NATIONAL INFORMATION SERV 3.56%

VISA CLASS A 3.27%

MASTERCARD CLASS A 3.16%

USD CASH 3.07%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

15% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	ARKF	BPAY	ARKF	BPAY	ARKF	BPAY
3 months	+11.5%	−6.8%	+9.0 pts	−9.3 pts	+9.4 pts	−8.9 pts
6 months	+20.0%	+11.8%	+3.0 pts	−5.2 pts	−6.9 pts	−15.1 pts
1 year	−19.8%	−18.4%	−35.5 pts	−34.1 pts	−43.6 pts	−42.1 pts
3 years	+135.4%	+32.1%	+50.4 pts	−52.9 pts	+25.4 pts	−77.9 pts
Since launch ARKF Feb 2019 · BPAY Aug 2022	+127.0%	+9.6%	−87.4 pts	−79.0 pts	−231.1 pts	−120.9 pts

ARKF and BPAY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ARKF

ARK Blockchain & Fintech Innovation ETF · Holds 41 stocks in fintech and digital payments, 43% of its weight in S&P 500 companies

BPAY

iShares FinTech Active ETF · Holds 39 stocks in fintech and digital payments, 32% of its weight in S&P 500 companies

Issuer ARK iShares

Theme Fintech and digital payments Fintech and digital payments

In the S&P 500 42.9% 32.4%

Active share vs the S&P 500 88.6% 97.5%

In the Nasdaq-100 34.4% 1.5%

Holdings 41 39

Top ten, share of the fund 55.0% 42.5%

Expense ratio 0.75% 0.55%

Fee for the differing part 0.85% 0.56%

Total return, 1 year −19.8% −18.4%

vs the S&P 500 −35.5 pts −34.1 pts

vs the Nasdaq-100 −43.6 pts −42.1 pts

Below its high −28.4% −23.2%

Net assets $869m $9m

ARKF and BPAY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ARKF in plain words

By weight, 43% of ARKF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 55% of the fund across 41 positions, as published by its issuer for Oct 1, 2026. Over the year to Sep 30, 2026 the fund returned −19.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 35.5 pts. It sits 28.4% below its all-time high of Feb 16, 2021.

BPAY in plain words

By weight, 32% of BPAY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 42% of the fund across 39 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned −18.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 34.1 pts. It sits 23.2% below its all-time high of Jul 25, 2025.

Questions people ask

Do ARKF and BPAY hold the same stocks?: By their latest filings, 15% 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, ARKF or BPAY?: ARKF has 43% of its weight in S&P 500 names and BPAY has 32%, so BPAY differs more from the index.
Which is cheaper, ARKF or BPAY?: ARKF charges 0.75% a year and BPAY charges 0.55%, so BPAY is cheaper. Fees come from each fund's prospectus.

Other comparisons

ARKF vs FINX ARKF vs IPAY ARKF vs KYC ARKF vs LATR BPAY vs FINX BPAY vs IPAY BPAY vs KYC BPAY vs LATR

ARKF on its own →BPAY on its own →How every figure is computed →Standards and sources →

Where these figures came from

ARKF filings on SEC EDGAR ↗ARKF prospectus with the expense ratio (SEC) ↗ARK page for ARKF ↗BPAY filings on SEC EDGAR ↗BPAY prospectus with the expense ratio (SEC) ↗iShares page for BPAY ↗

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

Cite this page

ETFIQ, ARKF against BPAY, data as of Sep 30, 2026. https://etfiq.com/compare/themes/arkf-vs-bpay

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.