ARKK vs IPO
ARK Innovation ETF against Renaissance IPO ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
17%
7 shared positions
Fee gap
15 bp
IPO is cheaper
1-year return gap
8.5 pts
IPO is ahead
Larger fund
ARKK
$6.4B
Side by side
| ARKK | IPO | |
|---|---|---|
| Fund | ARK Innovation ETF | Renaissance IPO ETF |
| Issuer | ARK | Renaissance |
| Category | Internet & Innovation | IPOs & Special Situations |
| Expense ratio | 0.75% | 0.60% |
| Assets | $6.4B | $141M |
| Average daily dollar volume | $396M | $747K |
| Listed | Oct 31, 2014 | Oct 16, 2013 |
| FrenzyCap score | 61 | 38 |
| 1-month return | −6.8% | −7.8% |
| 3-month return | +15.7% | −5.0% |
| Year to date | +11.1% | +10.4% |
| 1-year return | −5.1% | +3.4% |
| 30-day volatility | 33.5% | 27.8% |
| Worst drawdown, 1 year | −29.6% | −21.3% |
| Trailing 12-month yield | — | 0.12% |
| Holdings | 46 | 55 |
| Top 10 weight | 49.5% | 62.4% |
| Look-through P/E | — | — |
| Holdings vs fair value | −1.5% | +5.9% |
| Holdings above 200-day average | 55% | 61% |
| Net flow, latest 3 reported months | −$611M thru Jul 2026 | +$11M thru Jun 2026 |
| 30-day implied volatility | 38.3% | 31.1% |
| Holdings as of | as of Oct 21, 2026issuer data | as of Oct 9, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
24% of ARKK · 25% of IPO
Sector mix of the stock holdings
| Sector | ARKK | IPO | Gap |
|---|---|---|---|
| Technology | 41.6% | 57.8% | −16.2% |
| Health Care | 17.4% | 10.0% | +7.4% |
| Financials | 16.6% | 8.6% | +7.9% |
| Industrials | 5.0% | 16.5% | −11.5% |
| Consumer Discretionary | 12.6% | 2.0% | +10.7% |
| Real Estate | 0.0% | 3.6% | −3.6% |
| Utilities | 0.0% | 1.1% | −1.1% |
| Consumer Staples | 0.0% | 0.2% | −0.2% |
More: full overlap table · ARKK holdings · IPO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.