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ARKW

ARK Next Generation Internet ETF·CBOE
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Key Stats

Assets Under Management
2.13BUSD
Fund Flows (1Y)
-160.70MUSD
Dividend Yield
1.59%
Discount/Premium to NAV
-0.16%
Shares Outstanding
14.30M
Expense Ratio
0.82%

About ARK Next Generation Internet ETF

Issuer
ARK
Brand
ARK
Inception Date
Sep 30, 2014
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
ARK Investment Management LLC
Distributor
Foreside Fund Services LLC
ARKW is an actively managed fund with a very broad mandate. The fund is not limited by geography or by industry. Instead, the fund's managers are tasked with identifying companies they see as the next generation of Internet evolution. Broadly speaking, ARKW's managers appear focused on big buzzwords such as Internet of things, cloud computing, digital currencies, and wearable technology. While the fund's focus may be appealing for investors with conviction in these new technologies, portfolio implementation is a more difficult task. Most of the companies developing these advancements are huge corporations for which nascent technologies are only a small fraction of total revenues. As such, it's very difficult to get pure-play access to ARKW's targeted technologies. Be sure to confirm that the fund's holdings, and not just its thesis, align with your view of the space. Sept. 10, 2021 the fund amended its prospectus to allow investments in Canadian based ETFs holding cryptocurrencies.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Technology

41.99%

Communication Services

22.88%

Consumer Cyclical

18.48%

Financial Services

16.64%

Asset

Holdings

Symbol

Ratio

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TSLA

Tesla
9.28%
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ROKU

Roku
5.99%
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AMD

Advanced Micro Devices
5.86%
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ARK BITCOIN ETF HOLDCO (ARKW)

5.78%
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SHOP

Shopify
4.99%
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HOOD

Robinhood Markets
4.79%

Symbol

Ratio

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COIN

Coinbase Global
4.62%
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PLTR

Palantir
3.76%
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CRCL

Circle
3.06%
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RBLX

Roblox
3.03%

Top 10 Weight 51.16%

10 Total Holdings

See all holdings

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