Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

ARKK vs ILDR: which is really different?

ARKK and ILDR hold 21% of their weight in the same names, and ILDR returned more over the year.

ARK Innovation ETF and First Trust Innovation Leaders ETF.

36.2%ARKK in the S&P 500
65.8%ILDR in the S&P 500
+6.1%ARKK total return, 1 year
+19.9%ILDR total return, 1 year

ETFIQ Off-Index Score: ARKK scores higher

How much of it is not the index it is sold as an alternative to?

ARKK 19.1ILDR 2.90.1, the lowest in this set91.8, the highest

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

ARKK64% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 86% · top ten 50% of the fund · 46 holdings filed Sep 18, 2026 · Nasdaq-100: 27% in36%64%inoutside the S&P 500active share 86% · top ten 50% of the fund
ILDR34% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
66%34%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 67% · top ten 44% of the fund · 82 holdings filed Sep 18, 2026 · Nasdaq-100: 49% in66%34%in the S&P 500outsideactive share 67% · top ten 44% of the fund

21% 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 ILDR hold 21% of their money in the same securities at the same weight.

Positions ARKK and ILDR both hold, largest shared weight first
HoldingARKKILDR
ADVANCED MICRO DEVICES2.72%5.79%
NVIDIA CORP2.45%9.78%
AMAZON.COM INC2.31%5.79%
TESLA INC9.26%1.82%
SHOPIFY INC - CLASS A2.86%1.81%
BROADCOM INC1.65%3.57%
META PLATFORMS INC-CLASS A1.89%1.11%
ROBINHOOD MARKETS INC - A4.19%1.09%
PALANTIR TECHNOLOGIES INC-A2.60%0.97%
COINBASE GLOBAL INC -CLASS A4.67%0.82%
BLOCK INC2.28%0.69%
CLOUDFLARE INC - CLASS A1.32%0.63%
Only in each
Only in ARKKOnly in ILDR
TEMPUS AI INC-CL A 5.92%Alphabet Inc. (Class A) 4.81%
CIRCLE INTERNET GROUP INC 5.20%Marvell Technology, Inc. 3.13%
CRISPR THERAPEUTICS AG 4.64%Micron Technology, Inc. 2.80%
TWIST BIOSCIENCE CORP 3.95%Microsoft Corporation 2.70%
10X GENOMICS INC-CLASS A 3.39%Oracle Corporation 2.67%
CEREBRAS SYSTEMS INC - A 2.59%Arista Networks, Inc. 2.46%
COREWEAVE INC-CL A 2.46%Eaton Corporation Plc 2.07%
BEAM THERAPEUTICS INC 2.36%Schneider Electric SE 1.80%

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

ARKK and ILDR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ARKKILDRARKKILDRARKKILDR
3 months+10.0%+0.3%+7.8 pts−1.9 pts+12.5 pts+2.8 pts
6 months+27.6%+31.0%+9.6 pts+12.9 pts+3.4 pts+6.7 pts
1 year+6.1%+19.9%−10.5 pts+3.3 pts−15.7 pts−1.9 pts
3 years+112.5%+120.9%+34.1 pts+42.5 pts+14.4 pts+22.7 pts
Since launch+378.7%+92.7%+17.3 pts−3.0 pts−299.9 pts−30.0 pts
Open the live comparison on ETFIQ
ARKK and ILDR on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ARKK
ARK Innovation ETF
Holds 46 stocks in broad innovation and megatrends, 36% of its weight in S&P 500 companies
ILDR
First Trust Innovation Leaders ETF
Holds 82 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies
IssuerARKFirst Trust
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50036.2%65.8%
Active share vs the S&P 50085.7%67.1%
In the Nasdaq-10027.3%49.0%
Holdings4682
Top ten, share of the fund49.7%44.1%
Expense ratio0.75%0.75%
Fee for the differing part0.88%1.12%
Total return, 1 year+6.1%+19.9%
vs the S&P 500−10.5 pts+3.3 pts
vs the Nasdaq-100−15.7 pts−1.9 pts
Below its high−42.9%−3.5%
Net assets$9.3bn$342m

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.

ILDR in plain words

By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 82 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +19.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.3 pts.

Questions people ask

Do ARKK and ILDR hold the same stocks?
By their latest filings, 21% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ARKK or ILDR?
ARKK has 36% of its weight in S&P 500 names and ILDR has 66%, so ARKK differs more from the index.
Which is cheaper, ARKK or ILDR?
ARKK charges 0.75% a year and ILDR charges 0.75%, so ARKK 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 ILDR, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ARKK against ILDR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/arkk-vs-ildr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources