ARKK vs DNA: Correlation
Measured on weekly returns over the past three years, ARK Innovation ETF (ARKK) and Ginkgo Bioworks Holdings, Inc. (DNA) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKK and DNA?
On 3 years of weekly data the ARKK/DNA correlation comes out at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 2052.1 %².
Within ARKK's tracked universe of 122 assets, DNA comes in at #51 by 3-year correlation. The last year tells two different stories: ARKK led by 56.9 percentage points, +15.7% for ARKK against -41.2% for DNA. Risk is not evenly split, since DNA carries 2.6 times the volatility of the other side.
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.
ARKK vs DNA: side by side
| ARKK (ARK Innovation ETF) | DNA (Ginkgo Bioworks Holdings, Inc.) | |
|---|---|---|
| 1-year return | +15.7% | -41.2% |
| 5-year return | -27.7% | -98.2% |
| Volatility (ann.) | 38.8% | 100.2% |
| Beta vs S&P 500 | 2.07 | 2.77 |
| Max drawdown (3Y) | -39.6% | -94.3% |
| Market cap | – | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | – | 0.00% |
| Sector / category | ETF · Thematic | US Listed |
Year-by-year returns
| Year | ARKK | DNA |
|---|---|---|
| 2022 | -67.0% | -79.7% |
| 2023 | +69.0% | +0.0% |
| 2024 | +8.4% | -85.5% |
| 2025 | +35.5% | -15.4% |
| 2026 | +13.6% | -12.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKK and DNA good diversifiers for each other?
To a limited degree. At 0.53 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 ARKK and DNA?
As of 2026-08-27, the correlation of weekly returns between ARKK and DNA is 0.53 over 3 years, 0.54 over 1 year and 0.61 over 5 years.
Is DNA a good diversifier for ARKK?
To a limited degree. At 0.53 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 0.53 mean?
On the −1 to +1 scale, 0.53 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/arkk-vs-dna.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arkk-vs-dna/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARKK correlations · DNA correlations
