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ETFs

ARK Next Generation Internet ETF

ARKW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30 2014
Expense Ratio
0.88%
Type
US Equities
Fund Owner
ARK Funds
Volume (1m avg. daily)
$16,820,951
AUM
$1,229,248,485
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

COIN
Coinbase Global Inc - Ordinary Shares - Class A
8.47%
GBTC
GRAYSCALE BITCOIN TRUST BTC
8.06%
ROKU
Roku Inc - Ordinary Shares - Class A
7.95%
ZM
Zoom Video Communications Inc - Ordinary Shares - Class A
6.68%
TSLA
Tesla Inc
6.58%
PATH
UiPath Inc - Ordinary Shares - Class A
5.45%
SQ
Block Inc - Ordinary Shares - Class A
5.41%
U
Unity Software Inc
4.72%
HOOD
Robinhood Markets Inc - Ordinary Shares - Class A
4.49%
TWLO
Twilio Inc - Ordinary Shares Class A
4.32%
Invest with ARKW

What is ARKW?

Securities within ARKW are focused on and expected to benefit from shifting the bases of technology infrastructure from hardware and software to the cloud, enabling mobile and local services. These benefits can come from such companies that rely on or benefit from the increased use of shared technology, infrastructure and services.

ETFs related toARKW

ETFs correlated to ARKW include ARKF, ARKK, TARK

ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
XSW
SPDR Series Trust - SPDR S&P Software & Services ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
WCLD
WisdomTree Trust - WisdomTree Cloud Computing Fund
THNQ
Exchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
FINX
Global X Funds - Global X Funds Global X FinTech ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toARKW

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with ARKW using Composer

FAQ

ARKW is a US Equities ETF. Securities within ARKW are focused on and expected to benefit from shifting the bases of technology infrastructure from hardware and software to the cloud, enabling mobile and local services. These benefits can come from such companies that rely on or benefit from the increased use of shared technology, infrastructure and services.

Yes, ARKW is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, ARKW is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ARKW is -0.0316%. This is the percent change in the value of ARKW over the most recent 1-month period. The 3-month return on ARKW is -0.0475%. This is the percent change in the value of ARKW over the most recent 3-month period.

The standard deviation of ARKW for the past year is 0.458%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ARKW include SPHQ, DSI, and QUAL.

ETFs correlated to ARKW include ARKF, ARKK, and TARK.

ETFs that are inversely correlated to ARKW include SARK, WEBS, and BTAL.

Disclaimers

*

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.

**

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.