ARKK vs SMH: Holdings Overlap
ARK · 45 holdings · $6.0B · as of 2026-04-30
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (ARKK: 2026-04-30, SMH: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ARKK and SMH?
ARK Innovation ETF (ARKK, by ARK) holds 45 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 5 holdings in common, and by portfolio weight the two funds are 9.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5ARKK holds 45 · SMH holds 25
- Weight in Shared Holdings
- ARKK 11%·SMH 45%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ARKK
40 of 45 positions (89.1% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | ARKK | SMH |
|---|---|---|
| Information Technology | 26.0% | 99.9% |
| Health Care | 26.7% | 0.0% |
| Financials | 16.8% | 0.0% |
| Consumer Discretionary | 13.3% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Other Sectors | 4.8% | 0.0% |
| Unclassified | 1.8% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (2% of ARKK, 0% of SMH).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ARKK | -2.2% | +3.3% | +6.8% | +21.1% | -8.1% | +15.3% | — |
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ARKK vs SMH →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by AMD, TSM and TER.
Frequently Asked Questions
How much do ARKK and SMH overlap?
ARKK and SMH overlap by 9.9% of portfolio weight. They share 5 holdings (ARKK holds 45 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ARKK and SMH?
The two portfolios are 9.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ARKK and SMH?
The largest positions held by both funds are AMD, TSM, TER, NVDA and AVGO. Together the top 5 shared positions account for 100% of the total overlap.
What does ARKK own that SMH doesn't?
40 positions (89.1% of ARKK) are unique to ARKK, led by TSLA, TEM and 1CG. In the other direction, 20 positions (54.5% of SMH) are unique to SMH.