ARKK vs LUCK: Correlation
Measured on weekly returns over the past three years, ARK Innovation ETF (ARKK) and Lucky Strike Entertainment Corporation (LUCK) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKK and LUCK?
Across a 3-year window, the weekly returns of ARKK and LUCK correlate at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.30) runs below the 3-year figure (0.41). Stretching to 5 years gives 0.30, with an annualized covariance of 828.6 %².
Within ARKK's tracked universe of 122 assets, LUCK comes in at #101 by 3-year correlation. The last year tells two different stories: ARKK led by 55.4 percentage points, +15.7% for ARKK against -39.7% for LUCK.
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 LUCK: side by side
| ARKK (ARK Innovation ETF) | LUCK (Lucky Strike Entertainment Corporation) | |
|---|---|---|
| 1-year return | +15.7% | -39.7% |
| 5-year return | -27.7% | -32.9% |
| Volatility (ann.) | 38.8% | 52.2% |
| Beta vs S&P 500 | 2.07 | 1.11 |
| Max drawdown (3Y) | -39.6% | -55.8% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | – | 0.00% |
| Sector / category | ETF · Thematic | US Listed |
Year-by-year returns
| Year | ARKK | LUCK |
|---|---|---|
| 2022 | -67.0% | +49.4% |
| 2023 | +69.0% | +5.0% |
| 2024 | +8.4% | -28.0% |
| 2025 | +35.5% | -13.2% |
| 2026 | +13.6% | -25.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKK and LUCK good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARKK and LUCK?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.30 over the last year and 0.30 over 5 years.
Is LUCK a good diversifier for ARKK?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arkk-vs-luck.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arkk-vs-luck/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARKK correlations · LUCK correlations
