ARKK · WMTMT

Aug 18, 2023May 21, 2024Feb 24, 2025Nov 19, 2025Aug 25, 2026

Breadth

34 / 43

stocks rose with the index

Concentration

47%

of the gain from TSLA, BMNR, HOOD

Biggest driver

TSLA +10.70

TESLA INC, +62.54%

Biggest drag

NTLA −7.04

INTELLIA THERAPEUTICS INC, −64.06%

What drove it

43 members · drivers first · 3Y · residual 2974.2bp exceeds 60bp gate

The ARKK rose 114.04% (+46.05 pts) over three years in a broad advance: 34 of 43 stocks rose, with TSLA out front at +10.70 points.

Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide

+57.4 pts from 31 gainers−14.7 pts from 12 losers

net +46.1 pts · gainers outweigh losers 3.9 to 1

Stock

Points

Return

ARKKsum of all 43 stocks

+46.1

+114.04%

TSLATESLA INC

+10.7

+62.54%

BMNRBITMINE IMMERSION TECHNOLOGI

+5.8

+220.28%

HOODROBINHOOD MARKETS INC - A

+5.3

+993.56%

TEMTEMPUS AI INC-CL A

+5.1

+70.76%

SHOPSHOPIFY INC - CLASS A

+3.4

+189.57%

PLTRPALANTIR TECHNOLOGIES INC-A

+3.3

+1,099.51%

TWSTTWIST BIOSCIENCE CORP

+3.3

+678.11%

AMDADVANCED MICRO DEVICES

+2.4

+354.41%

WGSGENEDX HOLDINGS CORP

+1.9

+1,702.16%

AMZNAMAZON.COM INC

+1.8

+95.96%

GOOGALPHABET INC-CL C

+1.7

+170.38%

NVDANVIDIA CORP

+1.7

+392.99%

AVGOBROADCOM INC

+1.3

+347.80%

NTRANATERA INC

+0.9

+540.13%

BEAMBEAM THERAPEUTICS INC

+0.9

+32.95%

13 othersclick to expand the full index

+7.5

VCYTVERACYTE INC

+0.2

+77.65%

NETCLOUDFLARE INC - CLASS A

+0.1

+12.68%

CRCLCIRCLE INTERNET GROUP INC

+0.1

+196.90%

ARKYARK ACTIVE AUTOCALL INC ETF

−0.0

−3.11%

RBLXROBLOX CORP -CLASS A

−0.0

+42.20%

RXRXRECURSION PHARMACEUTICALS-A

−0.1

−58.51%

CRWVCOREWEAVE INC-CL A

−0.3

+120.10%

ACHRARCHER AVIATION INC-A

−0.3

−3.17%

XEX-ENERGY INC

−0.4

−34.55%

PACBPACIFIC BIOSCIENCES OF CALIF

−0.8

−85.33%

COINCOINBASE GLOBAL INC -CLASS A

−1.2

+155.72%

SPCXSPACE EXPLORATION TECHN-CL A

−1.2

−14.29%

CBRSCEREBRAS SYSTEMS INC - A

−1.3

−40.88%

BLSHBULLISH

−2.0

−52.91%

NTLAINTELLIA THERAPEUTICS INC

−7.0

−64.06%

Cap weighting, illustrated

BITMINE IMMERSION TECHNOLOGI and CIRCLE INTERNET GROUP INC moved almost identically (+220.28% vs +196.90%), yet BMNR moved the ARKK 108.5× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +46.05 pt move · cell size = points contributed · color = direction, intensity = return

TSLA+10.7 pts(+62.5%)

NTLA−7.0 pts(−64.1%)

BMNR+5.8 pts(+220.3%)

HOOD+5.3 pts(+993.6%)

TEM+5.1 pts(+70.8%)

SHOP+3.4 pts(+189.6%)

PLTR+3.3 pts(+1,099.5%)

TWST+3.3 pts(+678.1%)

AMD+2.4 pts(+354.4%)

BLSH−2.0 pts

WGS+1.9 pts

AMZN+1.8 pts

GOOG+1.7 pts(+170.4%)

NVDA+1.7 pts(+393.0%)

AVGO+1.3 pts

CBRS−1.3 pts

SPCX−1.2 pts

COIN

NTRA

BEAM+0.9 pts

META+0.9 pts

XYZ

PACB

CRSP+0.8 pts

TSM+0.8 pts

BWXT

LLY

ILMN

SOFI

CRWV

Concentration curve

cumulative share of the +46.05 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−100%+100%+300%+500%+700%+900%+1,100%+1,300%+1,500%+1,700%

From −85.33% (PACB) to +1,702.16% (WGS). Equal-weight, the ARKK would be +320.23% vs the actual +114.04%; the gap is what cap weighting did.

By sector

point contribution · sums to +46.05 pts

Unknown43

+42.7

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUG

Share this move

pick a view, download it as a 16:9 PNG

What moved the market, in your inbox

The daily note publishes here after every close; the week's story lands in your inbox on Fridays, free. Read the daily notes.

Babylon Burns

WMTMT is built by the founders of Babylon Burns, a letter on markets, macro, and the systems behind them. The numbers live here; the arguments live there. Subscribing below joins the Babylon Burns letter.

ARK Innovation ETF

What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

Share this move