ARKK vs S&P 500 in 2026: Is Cathie Wood's Comeback Real?

ARKK is up 52% over 12 months vs the S&P 500's 22% — but still 80% off its 2021 peak. Full performance analysis with the numbers that matter.

Published 2026-04-09 · ARK Tracker

ARKK is up 52% over the past 12 months — more than double the S&P 500's 22% return. It's a genuinely impressive number. But zoom out, and the picture gets complicated fast.

ARKK's 12-month +52% figure is real — but an investor who bought ARKK at any point during 2021 is still sitting on a loss today. Five years of compounding on the S&P 500 from that same date would have roughly doubled their money.

ARKK's strong run from April 2025 to April 2026 was driven by three converging factors:

ARKK's top holdings — Tesla, Coinbase, Roku, UiPath, and others — are all high-beta growth names that benefit disproportionately from "risk-on" AI enthusiasm. As the broader AI narrative gained momentum through 2025, capital rotated back into exactly the kind of names ARKK concentrates in.

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