Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

ARKW vs OGIG: which is really different?

ARKW and OGIG hold 31% of their weight in the same names, and ARKW returned more over the year.

ARK Next Generation Internet ETF and ALPS | O'Shares Global Internet Giants ETF Shares.

50.0%ARKW in the S&P 500
61.8%OGIG in the S&P 500
−5.3%ARKW total return, 1 year
−15.6%OGIG total return, 1 year

ETFIQ Off-Index Score: OGIG scores higher

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

ARKW 12.4OGIG 14.90.1, 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

ARKW50% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
50%50%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 81% · top ten 44% of the fund · 43 holdings filed Sep 18, 2026 · Nasdaq-100: 43% in50%50%in the S&P 500outside the S&P 500active share 81% · top ten 44% of the fund
OGIG38% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
62%38%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 83% · top ten 45% of the fund · 54 holdings filed May 31, 2026 · Nasdaq-100: 57% in62%38%in the S&P 500outsideactive share 83% · top ten 45% of the fund

31% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, ARKW and OGIG hold 31% of their money in the same securities at the same weight.

Positions ARKW and OGIG both hold, largest shared weight first
HoldingARKWOGIG
AMAZON.COM INC3.72%6.94%
MERCADOLIBRE INC1.06%1.93%
NETFLIX INC1.02%1.45%
SNOWFLAKE INC0.97%2.35%
SPOTIFY TECHNOLOGY SA1.13%0.96%
Only in each
Only in ARKWOnly in OGIG
TESLA INC 7.52%Alphabet Inc 6.73%
ROBINHOOD MARKETS INC - A 5.11%Microsoft Corp 6.03%
CIRCLE INTERNET GROUP INC 4.69%Oracle Corp 5.41%
SPACE EXPLORATION TECHN-CL A 4.59%Meta Platforms Inc 5.33%
ADVANCED MICRO DEVICES 4.13%Palantir Technologies Inc 3.62%
COINBASE GLOBAL INC -CLASS A 4.03%Applovin Corp 3.31%
ARK BITCOIN ETF HOLDCO (ARKW) 3.84%Crowdstrike Holdings Inc 2.95%
SHOPIFY INC - CLASS A 3.56%Palo Alto Networks Inc 2.70%

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 May 31, 2026 and Sep 21, 2026.

Performance, window by window

ARKW and OGIG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ARKWOGIGARKWOGIGARKWOGIG
3 months+8.4%+11.0%+6.2 pts+8.8 pts+10.9 pts+13.5 pts
6 months+27.8%+18.0%+9.8 pts0.0 pts+3.6 pts−6.2 pts
1 year−5.3%−15.6%−21.8 pts−32.2 pts−27.0 pts−37.4 pts
3 years+188.1%+55.6%+109.7 pts−22.8 pts+89.9 pts−42.6 pts
Since launch+867.7%+95.5%+495.5 pts−119.7 pts+168.5 pts−240.3 pts
Open the live comparison on ETFIQ
ARKW and OGIG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ARKW
ARK Next Generation Internet ETF
Holds 43 stocks in internet and e-commerce, 50% of its weight in S&P 500 companies
OGIG
ALPS | O'Shares Global Internet Giants ETF Shares
Holds 54 stocks in internet and e-commerce, 62% of its weight in S&P 500 companies
IssuerARKALPS
ThemeInternet and e-commerceInternet and e-commerce
In the S&P 50050.0%61.8%
Active share vs the S&P 50081.1%82.9%
In the Nasdaq-10042.7%56.5%
Holdings4354
Top ten, share of the fund43.8%45.4%
Expense ratio0.76%0.48%
Fee for the differing part0.94%0.58%
Total return, 1 year−5.3%−15.6%
vs the S&P 500−21.8 pts−32.2 pts
vs the Nasdaq-100−27.0 pts−37.4 pts
Below its high−13.7%−22.5%
Net assets$1.9bn$115m

ARKW in plain words

By weight, 50% of ARKW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 44% of the fund across 43 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned −5.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.8 pts. It sits 13.7% below its all-time high of Feb 12, 2021.

OGIG in plain words

By weight, 62% of OGIG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 45% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −15.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 32.2 pts. It sits 22.5% below its all-time high of Feb 12, 2021.

Questions people ask

Do ARKW and OGIG hold the same stocks?
By their latest filings, 31% 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, ARKW or OGIG?
ARKW has 50% of its weight in S&P 500 names and OGIG has 62%, so OGIG differs more from the index.
Which is cheaper, ARKW or OGIG?
ARKW charges 0.76% a year and OGIG charges 0.48%, so OGIG 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.

ARKW against OGIG, 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, ARKW against OGIG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/arkw-vs-ogig Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources