ARKK vs QQQ: Correlation
ARK Innovation ETF (ARKK) and Invesco QQQ Trust (QQQ) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKK and QQQ?
Across a 3-year window, the weekly returns of ARKK and QQQ correlate at 0.78, strong. Little has changed lately, as the 1-year reading of 0.74 lands near the 3-year figure. Stretching to 5 years gives 0.80, with an annualized covariance of 588.7 %².
QQQ is one of the assets that tracks ARKK most closely: it ranks #2 out of the 122 assets we track against ARKK. Over the last 12 months QQQ came out ahead by 10.6 percentage points (+15.7% against +26.3%). Stability stands out here, with the rolling one-year correlation confined to 0.65 through 0.89. Risk is not evenly split, since ARKK carries 2.0 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 QQQ: side by side
| ARKK (ARK Innovation ETF) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +15.7% | +26.3% |
| 5-year return | -27.7% | +95.4% |
| Volatility (ann.) | 38.8% | 19.6% |
| Beta vs S&P 500 | 2.07 | 1.28 |
| Max drawdown (3Y) | -39.6% | -22.8% |
| Dividend yield | – | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | ETF · Thematic | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | ARKK | QQQ |
|---|---|---|
| 2022 | -67.0% | -32.6% |
| 2023 | +69.0% | +54.9% |
| 2024 | +8.4% | +25.6% |
| 2025 | +35.5% | +20.8% |
| 2026 | +13.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKK and QQQ good diversifiers for each other?
To a limited degree. At 0.78 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 QQQ?
As of 2026-08-27, the correlation of weekly returns between ARKK and QQQ is 0.78 over 3 years, 0.74 over 1 year and 0.80 over 5 years.
Is QQQ a good diversifier for ARKK?
To a limited degree. At 0.78 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 0.78 mean?
A reading of 0.78 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: ARKK correlations · QQQ correlations
