Why invest in ARKK?Edit
Exposure to Innovation: Aims for thematic multi-cap exposure to innovation across sectors. ARK believes the securities held in ARKK present the best risk-reward opportunities from ARK’s innovation-based themes.
Growth Potential: Aims to capture long-term growth with low correlation to relative returns to traditional growth strategies and negative correlation to value strategies.
Tool for Diversification: Offers a tool for diversification due to little overlap with traditional indices. It can be a complement to traditional value/growth strategies.
Grounded in Research: Combines top-down and bottom-up research in its portfolio management to identify innovative companies and convergence across markets.
Cost Effective: Provides a lower cost alternative to mutual funds with true active management in an Exchange Traded Fund (ETF) that invests in rapidly moving themes.
Fund detailsEdit
| Ticker | ARKK |
| Type | Active Equity ETF |
| CUSIP | 00214Q104 |
| ISIN | US00214Q1040 |
| Primary Exchange | NYSE Arca |
| Inception Date | 2014-10-31 |
| Expense Ratio | 0.75% |
| Fund AUM | $6.02 Billion |
| Advisor | ARK Investment Management LLC |
| Fund Distributor | Foreside Fund Services, LLC |
| Number of Holdings | 35-55 |
| Weighted Average Market Cap. | $36 Billion |
| Median Market Cap | $4 Billion |
| Active Share (S&P500) | 100% |
Fund performanceEdit
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| ARKK | NAV | -16.66% | -17.19% | -66.99% | -66.99% | -13.87% | -2.20% | 6.84% |
| ARKK | Market Price | -16.65% | -17.20% | -66.97% | -66.97% | -13.83% | -2.20% | 6.86% |
| S&P 500 Index [SPX] | -5.76% | 7.56% | -18.11% | -18.11% | 7.66% | 9.42% | 10.41% |
| MSCI World Index [M1WO] | -4.25% | 9.77% | -18.14% | -18.14% | 4.94% | 6.14% | 7.33% |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor's shares when redeemed may be worth more or less than the original cost. For the Fund's most recent month end performance, please visit www.ark-funds.com or call 1-800-679-7759. Returns for less than one year are not annualized. Net asset value ("NAV") returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF's shares may differ significantly from their NAV during periods of market volatility.
Fund objectiveEdit
ARKK is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to ARKK’s investment theme of disruptive innovation. ARK defines ‘‘disruptive innovation’’ as the introduction of a technologically enabled new product or service that potentially changes the way the world works.
Top 10 holdingsEdit
| # | Security name | Weight (%) |
|---|---|---|
| 1 | Zoom Video Communications Inc | 9.6% |
| 2 | Exact Sciences Corp | 8.6% |
| 3 | Tesla Inc | 7.0% |
| 4 | Roku Inc | 6.2% |
| 5 | Block Inc | 6.2% |
| 6 | UiPath Inc | 5.6% |
| 7 | Shopify Inc | 4.8% |
| 8 | Teladoc Health Inc | 4.4% |
| 9 | Twilio Inc | 4.1% |
| 10 | Beam Therapeutics Inc | 4.0% |
| Total | 60.4% |
Holdings are subject to change. For current portfolio holdings please download "Fund Holdings" as a CSV or PDF at ark-funds.com. Portfolio holdings should not be considered as investment advice or a recommendation to buy, sell or hold any particular security. The securities identified do not represent all of the securities purchased, sold or recommended for client accounts. It should not be assumed that an investment in the securities identified was or will be profitable.