ABNB vs ARKK: Correlation
Airbnb (ABNB) and ARK Innovation ETF (ARKK) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and ARKK?
Across a 3-year window, the weekly returns of ABNB and ARKK correlate at 0.60, strong. Recent behaviour matches the longer record: 0.60 over 1 year against 0.60 over 3. Stretching to 5 years gives 0.63, with an annualized covariance of 816.8 %².
ARKK is one of the assets that tracks ABNB most closely: it ranks #1 out of the 32 assets we track against ABNB. Their recent paths diverged sharply: over the last 12 months ABNB outperformed by 26.3 percentage points (+42.0% for ABNB against +15.7% for ARKK). On a rolling one-year basis the correlation drifted between 0.34 and 0.79, a moderate band.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ABNB vs ARKK: side by side
| ABNB (Airbnb) | ARKK (ARK Innovation ETF) | |
|---|---|---|
| 1-year return | +42.0% | +15.7% |
| 5-year return | +18.2% | -27.7% |
| Volatility (ann.) | 35.2% | 38.8% |
| Beta vs S&P 500 | 1.28 | 2.07 |
| Max drawdown (3Y) | -37.2% | -39.6% |
| Market cap | $110.4B | – |
| P/E (trailing) | 42.9 | – |
| Dividend yield | 0.00% | – |
| Sector / category | Consumer Discretionary | ETF · Thematic |
Year-by-year returns
| Year | ABNB | ARKK |
|---|---|---|
| 2022 | -48.6% | -67.0% |
| 2023 | +59.2% | +69.0% |
| 2024 | -3.5% | +8.4% |
| 2025 | +3.3% | +35.5% |
| 2026 | +35.9% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABNB and ARKK good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABNB and ARKK?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.60 over the last year and 0.63 over 5 years.
Is ARKK a good diversifier for ABNB?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abnb-vs-arkk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abnb-vs-arkk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABNB correlations · ARKK correlations
