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About ARK Next Generation Internet ETF
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Inception date
Sep 30, 2014
Structure
Open-Ended Fund
Replication method
Physical
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Stocks91.57%
Technology Services50.14%
Finance14.82%
Electronic Technology7.38%
Consumer Durables6.89%
Commercial Services5.89%
Retail Trade3.02%
Consumer Services2.58%
Transportation0.84%
Bonds, Cash & Other8.43%
Mutual fund7.34%
ETF1.03%
Cash0.06%
Stock breakdown by region
North America92.55%
Europe3.38%
Asia2.69%
Latin America1.38%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ARKW invests in stocks. The fund's major sectors are Technology Services, with 50.14% stocks, and Finance, with 14.82% of the basket. The assets are mostly located in the North America region.
ARKW top holdings are Circle Internet Group, Inc. Class A and Coinbase Global, Inc. Class A, occupying 9.25% and 7.93% of the portfolio correspondingly.
ARKW last dividends amounted to 3.12 USD. The year before, the issuer paid 0.20 USD in dividends, which shows a 93.71% increase.
ARKW assets under management is 1.98 B USD. It's risen 15.44% over the last month.
ARKW fund flows account for −408.12 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
ARKW shares are issued by ARK Invest LLC under the brand ARK. The ETF was launched on Sep 30, 2014, and its management style is Active.
ARKW expense ratio is 0.82% meaning you'd have to pay 0.82% of your investment to help manage the fund.
ARKW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ARKW invests in stocks.
ARKW price has risen by 18.87% over the last month, and its yearly performance shows a 83.76% increase. See more dynamics on ARKW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 17.90% over the last month, showed a 41.11% increase in three-month performance and has increased by 84.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 17.90% over the last month, showed a 41.11% increase in three-month performance and has increased by 84.03% in a year.
ARKW trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.