ARK Blockchain & Fintech Innovation ETF (ARKF) — Stock Correlations & Overview
Over the past year, ARKF has moved most closely with ARKW, FINX, ARKK. Explore the stocks most correlated and inversely correlated with ARKF below, along with its price, financials, and company profile.
Stocks correlated with ARKF
Correlation of daily returns. Higher positive values move with ARKF; negative values move opposite it. Informational only, not investment advice.
Most correlated with ARKF
| Symbol | Company | Correlation |
|---|---|---|
| ARKW | ARK Next Generation Internet ETF | 0.95 |
| FINX | Global X Funds Global X FinTech ETF | 0.92 |
| ARKK | ARK Innovation ETF | 0.90 |
| ARKT | ARK DIET Q4 Buffer ETF | 0.88 |
| OARK | YieldMax Innovation Option Income Strategy ETF | 0.87 |
Most inversely correlated with ARKF
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.89 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.82 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.79 |
| FIAT | YieldMax Short COIN Option Income Strategy ETF | -0.79 |
| SDS | ProShares UltraShort S&P500 | -0.73 |
Frequently asked questions about ARKF correlations
- Which stocks are most correlated with ARKF?
- Based on one year of daily returns, the stocks most correlated with ARK Blockchain & Fintech Innovation ETF (ARKF) are ARKW (0.95), FINX (0.92) and ARKK (0.90). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ARKF?
- Over the past year, the stocks most inversely correlated with ARK Blockchain & Fintech Innovation ETF (ARKF) are SARK (-0.89), CONI (-0.82) and WEBS (-0.79). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ARKF correlations calculated?
- We compute the correlation of daily returns between ARKF and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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