ARKK vs IVV: Correlation
Measured on weekly returns over the past three years, ARK Innovation ETF (ARKK) and iShares Core S&P 500 ETF (IVV) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKK and IVV?
Across a 3-year window, the weekly returns of ARKK and IVV correlate at 0.77, strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.77 over 3. Stretching to 5 years gives 0.77, with an annualized covariance of 435.0 %².
Within ARKK's tracked universe of 122 assets, IVV comes in at #6 by 3-year correlation. On 12-month performance IVV holds a 5.0-point edge, +15.7% against +20.7%. The link looks structural: the rolling one-year correlation barely moved, holding between 0.67 and 0.87. Risk is not evenly split, since ARKK carries 2.7 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 IVV: side by side
| ARKK (ARK Innovation ETF) | IVV (iShares Core S&P 500 ETF) | |
|---|---|---|
| 1-year return | +15.7% | +20.7% |
| 5-year return | -27.7% | +83.0% |
| Volatility (ann.) | 38.8% | 14.5% |
| Beta vs S&P 500 | 2.07 | 1.00 |
| Max drawdown (3Y) | -39.6% | -18.8% |
| Dividend yield | – | 1.09% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $869.2B |
| Sector / category | ETF · Thematic | ETF · US Large Cap |
IVV is a Large Blend fund from iShares: $869.2B under management, 503 holdings, a 0.03% expense ratio, a 1.09% trailing dividend yield.
Year-by-year returns
| Year | ARKK | IVV |
|---|---|---|
| 2022 | -67.0% | -18.2% |
| 2023 | +69.0% | +26.3% |
| 2024 | +8.4% | +24.9% |
| 2025 | +35.5% | +17.8% |
| 2026 | +13.6% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKK and IVV good diversifiers for each other?
To a limited degree. At 0.77 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 IVV?
The ARKK/IVV correlation stands at 0.77 on a 3-year window (1 year: 0.71, 5 years: 0.77), computed from weekly returns as of 2026-08-27.
Is IVV a good diversifier for ARKK?
To a limited degree. At 0.77 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 0.77 mean?
On the −1 to +1 scale, 0.77 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-ivv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arkk-vs-ivv/)
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Related comparisons
Hubs: ARKK correlations · IVV correlations
