Data as of .
ARKK vs INVN: which is really different?
ARKK and INVN hold 2% of their weight in the same names, and INVN returned more over the year.
ETFIQ Off-Index Score: INVN 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
2% 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 INVN hold 2% of their money in the same securities at the same weight.
| Holding | ARKK | INVN |
|---|---|---|
| BLOCK INC | 2.28% | 2.23% |
| Only in ARKK | Only in INVN |
|---|---|
| TESLA INC 9.26% | ROBLOX CORP 2.56% |
| SPACE EXPLORATION TECHN-CL A 6.37% | ZEBRA TECHNOLOGIES CORP 2.38% |
| TEMPUS AI INC-CL A 5.92% | EXPEDIA GROUP INC 2.29% |
| CIRCLE INTERNET GROUP INC 5.20% | MAPLEBEAR INC 2.25% |
| COINBASE GLOBAL INC -CLASS A 4.67% | ZSCALER INC 2.21% |
| CRISPR THERAPEUTICS AG 4.64% | BILL HOLDINGS INC 2.18% |
| ROBINHOOD MARKETS INC - A 4.19% | BIOGEN INC 2.18% |
| TWIST BIOSCIENCE CORP 3.95% | CCC INTELLIGENT SOLUTIONS HOLDINGS INC 2.15% |
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 Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ARKK | INVN | ARKK | INVN | ARKK | INVN | |
| 3 months | +10.0% | +24.7% | +7.8 pts | +22.4 pts | +12.5 pts | +27.2 pts |
| 6 months | +27.6% | +37.7% | +9.6 pts | +19.6 pts | +3.4 pts | +13.4 pts |
| 1 year | +6.1% | +20.7% | −10.5 pts | +4.2 pts | −15.7 pts | −1.1 pts |
| 3 years | +112.5% | not published | +34.1 pts | not published | +14.4 pts | not published |
| Since launch | +378.7% | +29.2% | +17.3 pts | −2.8 pts | −299.9 pts | −11.9 pts |
| ARKK ARK Innovation ETF Holds 46 stocks in broad innovation and megatrends, 36% of its weight in S&P 500 companies | INVN Alger Russell Innovation ETF Holds 50 stocks in broad innovation and megatrends, 32% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ARK | Alger |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 36.2% | 32.5% |
| Active share vs the S&P 500 | 85.7% | 98.5% |
| In the Nasdaq-100 | 27.3% | 9.8% |
| Holdings | 46 | 50 |
| Top ten, share of the fund | 49.7% | 22.6% |
| Expense ratio | 0.75% | 0.55% |
| Fee for the differing part | 0.88% | 0.56% |
| Total return, 1 year | +6.1% | +20.7% |
| vs the S&P 500 | −10.5 pts | +4.2 pts |
| vs the Nasdaq-100 | −15.7 pts | −1.1 pts |
| Below its high | −42.9% | −5.6% |
| Net assets | $9.3bn | $10m |
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.
INVN in plain words
By weight, 32% of INVN'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 23% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +20.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 4.2 pts. It sits 5.6% below its all-time high of Sep 3, 2026.
Questions people ask
- Do ARKK and INVN hold the same stocks?
- By their latest filings, 2% 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 INVN?
- ARKK has 36% of its weight in S&P 500 names and INVN has 32%, so INVN differs more from the index.
- Which is cheaper, ARKK or INVN?
- ARKK charges 0.75% a year and INVN charges 0.55%, so INVN 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 INVN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/arkk-vs-invn Free to use with attribution; the underlying files are at Open data.