ARKK vs SYM: Correlation
Measured on weekly returns over the past three years, ARK Innovation ETF (ARKK) and Symbotic Inc. (SYM) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKK and SYM?
On 3 years of weekly data the ARKK/SYM correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.27, and annualized covariance runs at 1552.2 %².
By 3-year correlation, SYM places #89 of the 122 assets tracked against ARKK. Correlation aside, the last 12 months split them widely, with ARKK ahead by 29.5 points (+15.7% versus -13.8%). Risk is not evenly split, since SYM carries 2.2 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 SYM: side by side
| ARKK (ARK Innovation ETF) | SYM (Symbotic Inc.) | |
|---|---|---|
| 1-year return | +15.7% | -13.8% |
| 5-year return | -27.7% | +324.6% |
| Volatility (ann.) | 38.8% | 86.6% |
| Beta vs S&P 500 | 2.07 | 2.49 |
| Max drawdown (3Y) | -39.6% | -69.9% |
| Market cap | – | $24.9B |
| P/E (trailing) | – | 1028.5 |
| Dividend yield | – | 0.00% |
| Sector / category | ETF · Thematic | US Listed |
Year-by-year returns
| Year | ARKK | SYM |
|---|---|---|
| 2022 | -67.0% | +19.4% |
| 2023 | +69.0% | +329.9% |
| 2024 | +8.4% | -53.8% |
| 2025 | +35.5% | +150.9% |
| 2026 | +13.6% | -30.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKK and SYM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARKK and SYM?
The ARKK/SYM correlation stands at 0.46 on a 3-year window (1 year: 0.38, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is SYM a good diversifier for ARKK?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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
$ curl https://www.pairbook.io/api/v1/pairs/arkk-vs-sym.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arkk-vs-sym/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARKK correlations · SYM correlations
