Data as of .
ARKK vs CARZ: which is really different?
ARKK and CARZ hold 12% of their weight in the same names, and CARZ returned more over the year.
ETFIQ Off-Index Score: ARKK scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 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
12% 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 CARZ hold 12% of their money in the same securities at the same weight.
| Holding | ARKK | CARZ |
|---|---|---|
| TESLA INC | 9.26% | 4.13% |
| ADVANCED MICRO DEVICES | 2.72% | 4.72% |
| NVIDIA CORP | 2.45% | 5.06% |
| TAIWAN SEMICONDUCTOR-SP ADR | 0.98% | 4.59% |
| Only in ARKK | Only in CARZ |
|---|---|
| SPACE EXPLORATION TECHN-CL A 6.37% | Microsoft Corporation 5.92% |
| TEMPUS AI INC-CL A 5.92% | Apple Inc. 4.90% |
| CIRCLE INTERNET GROUP INC 5.20% | Micron Technology, Inc. 4.72% |
| COINBASE GLOBAL INC -CLASS A 4.67% | Samsung Electronics Co., Ltd. 4.72% |
| CRISPR THERAPEUTICS AG 4.64% | Alphabet Inc. (Class A) 4.49% |
| ROBINHOOD MARKETS INC - A 4.19% | Intel Corporation 4.45% |
| TWIST BIOSCIENCE CORP 3.95% | Texas Instruments Incorporated 2.36% |
| 10X GENOMICS INC-CLASS A 3.39% | Marvell Technology, Inc. 2.06% |
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 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ARKK | CARZ | ARKK | CARZ | ARKK | CARZ | |
| 3 months | +10.0% | −11.3% | +7.8 pts | −13.5 pts | +12.5 pts | −8.8 pts |
| 6 months | +27.6% | +33.3% | +9.6 pts | +15.3 pts | +3.4 pts | +9.1 pts |
| 1 year | +6.1% | +50.4% | −10.5 pts | +33.9 pts | −15.7 pts | +28.7 pts |
| 3 years | +112.5% | +107.6% | +34.1 pts | +29.2 pts | +14.4 pts | +9.4 pts |
| Since launch | +378.7% | +352.9% | +17.3 pts | −283.1 pts | −299.9 pts | −939.0 pts |
| ARKK ARK Innovation ETF Holds 46 stocks in broad innovation and megatrends, 36% of its weight in S&P 500 companies | CARZ First Trust S-Network Future Vehicles & Technology ETF Holds 106 stocks in broad innovation and megatrends, 52% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ARK | First Trust |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 36.2% | 51.5% |
| Active share vs the S&P 500 | 85.7% | 74.0% |
| In the Nasdaq-100 | 27.3% | 48.0% |
| Holdings | 46 | 106 |
| Top ten, share of the fund | 49.7% | 47.7% |
| Expense ratio | 0.75% | 0.70% |
| Fee for the differing part | 0.88% | 0.95% |
| Total return, 1 year | +6.1% | +50.4% |
| vs the S&P 500 | −10.5 pts | +33.9 pts |
| vs the Nasdaq-100 | −15.7 pts | +28.7 pts |
| Below its high | −42.9% | −13.6% |
| Net assets | $9.3bn | $48m |
ARKK in plain words
By weight, 36% of ARKK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 50% of the fund across 46 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +6.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 10.5 pts. It sits 42.9% below its all-time high of Feb 12, 2021.
CARZ in plain words
By weight, 52% of CARZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 74%. The top ten holdings are 48% of the fund across 106 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.9 pts. It sits 13.6% below its all-time high of Jun 2, 2026.
Questions people ask
- Do ARKK and CARZ hold the same stocks?
- By their latest filings, 12% 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 CARZ?
- ARKK has 36% of its weight in S&P 500 names and CARZ has 52%, so ARKK differs more from the index.
- Which is cheaper, ARKK or CARZ?
- ARKK charges 0.75% a year and CARZ charges 0.70%, so CARZ 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, ARKK against CARZ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/arkk-vs-carz Free to use with attribution; the underlying files are at Open data.