Data as of .
ARKK vs NLR: which is really different?
ARKK holds 38.1% of its weight in S&P 500 companies and NLR 15.3%.
ETFIQ Off-Index Score: NLR 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, ARKK and NLR hold 0% of their money in the same securities at the same weight.
| Only in ARKK | Only in NLR |
|---|---|
| TESLA INC 9.75% | Constellation Energy Corp 9.09% |
| SPACE EXPLORATION TECHN-CL A 6.52% | Cameco Corp 7.90% |
| CIRCLE INTERNET GROUP INC 5.56% | Fortum Oyj 6.83% |
| TEMPUS AI INC-CL A 4.83% | Public Service Enterprise Group Inc 6.22% |
| CRISPR THERAPEUTICS AG 4.52% | Nexgen Energy Ltd 5.30% |
| COINBASE GLOBAL INC -CLASS A 4.47% | Bwx Technologies Inc 5.21% |
| ROBINHOOD MARKETS INC - A 4.18% | Paladin Energy Ltd 5.21% |
| TWIST BIOSCIENCE CORP 3.29% | Uranium Energy Corp 5.07% |
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 | |||
|---|---|---|---|---|---|---|
| ARKK | NLR | ARKK | NLR | ARKK | NLR | |
| 3 months | +10.5% | −7.2% | +7.2 pts | −10.5 pts | +11.3 pts | −6.4 pts |
| 6 months | +19.0% | −17.1% | +3.0 pts | −33.1 pts | −1.7 pts | −37.8 pts |
| 1 year | +6.7% | −6.1% | −10.8 pts | −23.6 pts | −16.2 pts | −29.1 pts |
| 3 years | +89.9% | +83.0% | +12.0 pts | +5.2 pts | −5.2 pts | −12.0 pts |
| Since launch | +353.4% | +183.3% | −8.3 pts | −621.0 pts | −318.1 pts | −1490.6 pts |
| ARKK ARK Innovation ETF Holds 47 stocks in broad innovation and megatrends, 38% of its weight in S&P 500 companies | NLR VanEck Uranium and Nuclear ETF Holds 25 stocks in nuclear and uranium, 15% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ARK | VanEck |
| Theme | Broad innovation and megatrends | Nuclear and uranium |
| In the S&P 500 | 38.1% | 15.3% |
| Active share vs the S&P 500 | 85.0% | 99.8% |
| In the Nasdaq-100 | 28.6% | 9.1% |
| Holdings | 47 | 25 |
| Top ten, share of the fund | 49.4% | 60.7% |
| Expense ratio | 0.75% | 0.52% |
| Fee for the differing part | 0.88% | 0.52% |
| Total return, 1 year | +6.7% | −6.1% |
| vs the S&P 500 | −10.8 pts | −23.6 pts |
| vs the Nasdaq-100 | −16.2 pts | −29.1 pts |
| Below its high | −45.9% | −31.1% |
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.
NLR in plain words
By weight, 15% of NLR'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 61% of the fund across 25 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned −6.1% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 23.6 pts. It sits 31.1% below its all-time high of Jan 28, 2026.
Questions people ask
- Which is more different from the S&P 500, ARKK or NLR?
- ARKK has 38% of its weight in S&P 500 names and NLR has 15%, so NLR differs more from the index.
- Which is cheaper, ARKK or NLR?
- ARKK charges 0.75% a year and NLR charges 0.52%, so NLR 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 NLR, data as of Sep 11, 2026. https://etfiq.com/compare/themes/arkk-vs-nlr Free to use with attribution; the underlying files are at Open data.