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Data as of .

ARKK vs TNXT: which is really different?

ARKK and TNXT hold 18% of their weight in the same names.

ARK Innovation ETF and T. Rowe Price Innovation Leaders ETF.

36.2%ARKK in the S&P 500
64.3%TNXT in the S&P 500
+6.1%ARKK total return, 1 year
+14.5%TNXT 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 19.1TNXT 0.70.1, 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
TNXT36% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
64%36%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 52% · top ten 32% of the fund · 272 holdings filed Jun 30, 2026 · Nasdaq-100: 47% in64%36%in the S&P 500outsideactive share 52% · top ten 32% of the fund

18% 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 TNXT hold 18% of their money in the same securities at the same weight.

Positions ARKK and TNXT both hold, largest shared weight first
HoldingARKKTNXT
ADVANCED MICRO DEVICES2.72%2.53%
NVIDIA CORP2.45%7.23%
AMAZON.COM INC2.31%3.02%
TESLA INC9.26%1.80%
BROADCOM INC1.65%2.76%
META PLATFORMS INC-CLASS A1.89%1.47%
ALPHABET INC-CL C1.47%2.28%
BLOCK INC2.28%1.02%
TAIWAN SEMICONDUCTOR-SP ADR0.98%1.22%
NATERA INC1.12%0.67%
ELI LILLY & CO0.48%1.99%
SHOPIFY INC - CLASS A2.86%0.27%
Only in each
Only in ARKKOnly in TNXT
TEMPUS AI INC-CL A 5.92%APPLE INC 4.61%
CIRCLE INTERNET GROUP INC 5.20%MICROSOFT CORP 2.67%
CRISPR THERAPEUTICS AG 4.64%ALPHABET INC CL A 2.57%
10X GENOMICS INC-CLASS A 3.39%INTEL CORP 2.13%
PALANTIR TECHNOLOGIES INC-A 2.60%MICRON TECHNOLOGY INC 1.86%
COREWEAVE INC-CL A 2.46%VISA INC-CLASS A SHARES 1.45%
BULLISH 2.26%MASTERCARD INC - A 1.14%
BITMINE IMMERSION TECHNOLOGI 1.98%LAM RESEARCH CORP 1.00%

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

ARKK and TNXT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ARKKTNXTARKKTNXTARKKTNXT
3 months+10.0%+3.8%+7.8 pts+1.6 pts+12.5 pts+6.3 pts
6 months+27.6%+27.4%+9.6 pts+9.3 pts+3.4 pts+3.1 pts
1 year+6.1%not published−10.5 ptsnot published−15.7 ptsnot published
3 years+112.5%not published+34.1 ptsnot published+14.4 ptsnot published
Since launch+378.7%+14.5%+17.3 pts+3.9 pts−299.9 pts−0.4 pts
Open the live comparison on ETFIQ
ARKK and TNXT 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
TNXT
T. Rowe Price Innovation Leaders ETF
Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies
IssuerARKT. Rowe Price
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50036.2%64.3%
Active share vs the S&P 50085.7%51.6%
In the Nasdaq-10027.3%46.9%
Holdings46272
Top ten, share of the fund49.7%31.8%
Expense ratio0.75%0.49%
Fee for the differing part0.88%0.95%
Total return, 1 year+6.1%+14.5% (since launch on Jan 29, 2026)
vs the S&P 500−10.5 pts+3.9 pts
vs the Nasdaq-100−15.7 pts−0.4 pts
Below its high−42.9%−1.4%
Net assets$9.3bn$18m

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.

TNXT in plain words

By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it launched on Jan 29, 2026 the fund returned +14.5% with distributions reinvested against +10.6% for the S&P 500, so a holder was ahead by 3.9 pts.

Questions people ask

Do ARKK and TNXT hold the same stocks?
By their latest filings, 18% 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 TNXT?
ARKK has 36% of its weight in S&P 500 names and TNXT has 64%, so ARKK differs more from the index.
Which is cheaper, ARKK or TNXT?
ARKK charges 0.75% a year and TNXT charges 0.49%, so TNXT 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 TNXT, 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 TNXT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/arkk-vs-tnxt Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources