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ETF Comparisons

ARKF vs. SQQQ

ARK Fintech Innovation ETF

ARKF
$--
vs

ProShares UltraPro Short QQQ

SQQQ
$--

Correlation

-0.80

Compare with

Top 10 comparisons with ARKF:
Compare:
ARKF
Correlation
With:
SQQQ
ProShares UltraPro Short QQQ
-0.80
SwitchARKWARK Investment Management LLC - ARK Next Generation Internet ETF0.98ARKKARK Investment Management LLC - ARK Innovation ETF0.96TARKInvestment Managers Series Trust II - AXS 2X Innovation ETF0.96IPORenaissance Capital Greenwich Funds - Renaissance IPO ETF0.94FINXGlobal X Funds - Global X Funds Global X FinTech ETF0.92XSWSPDR Series Trust - SPDR S&P Software & Services ETF0.91WCLDWisdomTree Trust - WisdomTree Cloud Computing Fund0.90IBUYAmplify ETF Trust - Amplify Online Retail ETF0.90THNQExchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF0.89CLOUGlobal X Funds - Global X Cloud Computing ETF0.89

Top 10 shared holdings

The top 10 holdings shared by ARKF and SQQQ:

There are no shared holdings.
Invest with ARKF
Learn more about SQQQ
ARKFARK Fintech Innovation ETF
SQQQProShares UltraPro Short QQQ

What is ARKF?

ARKF 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 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund s investment theme of financial technology ( Fintech ) innovation.

Snapshot
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ARKF ARK Fintech Innovation ETF
SQQQ ProShares UltraPro Short QQQ
Inception date
Feb 04 2019
Feb 09 2010
Expense ratio
0.75%
0.95%
ARKF has a lower expense ratio than SQQQ by 0.19%. This can indicate that it’s cheaper to invest in ARKF than SQQQ.
Type
Global Equities
US Equities
ARKF targets investing in Global Equities, while SQQQ targets investing in US Equities.
Fund owner
ARK Funds
ProShares
ARKF is managed by ARK Funds, while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$9,483,865
$2,217,551,125
Both ARKF and SQQQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$808,992,455
$4,455,851,279
ARKF has more assets under management than SQQQ by $3,646,858,824. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
None
Nasdaq 100 Index
ARKF is based off of the undefined, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
Inverse (-3x)
ARKF uses undefined, while SQQQ uses Inverse (-3x). Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Active
Passive
ARKF uses a Active investing strategy, while SQQQ uses a Passive investing strategy.
Dividend
No
No
ARKF and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither ARKF nor SQQQ require a K1.
When ETFs are inversely correlated, they can be used in actively traded strategies (multiple trades per week) to take positions in opposing directions. For example, if you believe ARKF is going to fall, it would make sense to invest in SQQQ, as based on historical data, when ARKF decreases in value, SQQQ tends to increase in value.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.