ARK Genomic Revolution ETF (ARKG) — Stock Correlations & Overview
Over the past year, ARKG has moved most closely with HELX, GNOM, WDNA. Explore the stocks most correlated and inversely correlated with ARKG below, along with its price, financials, and company profile.
Stocks correlated with ARKG
Correlation of daily returns. Higher positive values move with ARKG; negative values move opposite it. Informational only, not investment advice.
Most correlated with ARKG
| Symbol | Company | Correlation |
|---|---|---|
| HELX | Franklin Genomic Advancements ETF | 0.87 |
| GNOM | Global X Genomics & Biotechnology ETF | 0.86 |
| WDNA | WisdomTree BioRevolution Fund | 0.82 |
| ARKK | ARK Innovation ETF | 0.81 |
| HTEC | ROBO Global Healthcare Technology and Innovation ETF | 0.80 |
Most inversely correlated with ARKG
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.80 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.72 |
| TWM | ProShares UltraShort Russell2000 | -0.69 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.69 |
| RWM | ProShares Short Russell2000 | -0.69 |
Frequently asked questions about ARKG correlations
- Which stocks are most correlated with ARKG?
- Based on one year of daily returns, the stocks most correlated with ARK Genomic Revolution ETF (ARKG) are HELX (0.87), GNOM (0.86) and WDNA (0.82). 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 ARKG?
- Over the past year, the stocks most inversely correlated with ARK Genomic Revolution ETF (ARKG) are SARK (-0.80), LABD (-0.72) and TWM (-0.69). 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 ARKG correlations calculated?
- We compute the correlation of daily returns between ARKG 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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