Data as of .
ARKK vs PAVE: which is really different?
PAVE holds 63.1% of its weight in S&P 500 companies and ARKK 38.1%.
ETFIQ Off-Index Score: PAVE 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 PAVE hold 0% of their money in the same securities at the same weight.
| Only in ARKK | Only in PAVE |
|---|---|
| TESLA INC 9.75% | DEERE & CO 3.53% |
| SPACE EXPLORATION TECHN-CL A 6.52% | NUCOR CORP 3.42% |
| CIRCLE INTERNET GROUP INC 5.56% | FASTENAL CO 3.40% |
| TEMPUS AI INC-CL A 4.83% | EMERSON ELECTRIC CO 3.35% |
| CRISPR THERAPEUTICS AG 4.52% | EATON CORP PLC 3.27% |
| COINBASE GLOBAL INC -CLASS A 4.47% | QUANTA SERVICES INC 3.17% |
| ROBINHOOD MARKETS INC - A 4.18% | PARKER HANNIFIN CORP 3.07% |
| TWIST BIOSCIENCE CORP 3.29% | UNION PACIFIC CORP 2.98% |
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 11, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ARKK | PAVE | ARKK | PAVE | ARKK | PAVE | |
| 3 months | +10.5% | −6.2% | +7.2 pts | −9.5 pts | +11.3 pts | −5.4 pts |
| 6 months | +19.0% | +8.0% | +3.0 pts | −8.0 pts | −1.7 pts | −12.7 pts |
| 1 year | +6.7% | +15.7% | −10.8 pts | −1.8 pts | −16.2 pts | −7.3 pts |
| 3 years | +89.9% | +76.8% | +12.0 pts | −1.1 pts | −5.2 pts | −18.3 pts |
| Since launch | +353.4% | +289.6% | −8.3 pts | +14.1 pts | −318.1 pts | −194.1 pts |
| ARKK ARK Innovation ETF Holds 47 stocks in broad innovation and megatrends, 38% of its weight in S&P 500 companies | PAVE Global X U.S. Infrastructure Development ETF Holds 102 stocks in infrastructure, 63% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ARK | Global X |
| Theme | Broad innovation and megatrends | Infrastructure |
| In the S&P 500 | 38.1% | 63.1% |
| Active share vs the S&P 500 | 85.0% | 97.2% |
| In the Nasdaq-100 | 28.6% | 6.3% |
| Holdings | 47 | 102 |
| Top ten, share of the fund | 49.4% | 32.1% |
| Expense ratio | 0.75% | 0.47% |
| Fee for the differing part | 0.88% | 0.48% |
| Total return, 1 year | +6.7% | +15.7% |
| vs the S&P 500 | −10.8 pts | −1.8 pts |
| vs the Nasdaq-100 | −16.2 pts | −7.3 pts |
| Below its high | −45.9% | −9.7% |
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.
PAVE in plain words
By weight, 63% of PAVE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 102 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +15.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 1.8 pts. It sits 9.7% below its all-time high of Jun 25, 2026.
Questions people ask
- Which is more different from the S&P 500, ARKK or PAVE?
- ARKK has 38% of its weight in S&P 500 names and PAVE has 63%, so PAVE differs more from the index.
- Which is cheaper, ARKK or PAVE?
- ARKK charges 0.75% a year and PAVE charges 0.47%, so PAVE 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 PAVE, data as of Sep 11, 2026. https://etfiq.com/compare/themes/arkk-vs-pave Free to use with attribution; the underlying files are at Open data.