The ARK Autonomous Technology & Robotics ETF (ARKQ) is an actively-managed fund from the team at ARK Invest that tries to pick the companies best positioned to profit from advancements in energy, automation, manufacturing, materials and transportation.
The advisory firm, led by Catherine Wood, has an impressive track record doing what most stock pickers fail to do: beating the market.
Like several other ARK ETFs, the fund’s biggest holding is Tesla, reflecting ARK’s high conviction in the value of the electronic carmaker’s technology. Other top investments as of March 2020 include 3D printing companies like Stratasys Ltd. and Protolabs, Chinese online retailer JD.com, and Teradyne, a robotics and automation company.
ARKQ’s management fee of 75 basis points might seem pricey in the ultra-low-cost world of passive ETFs, but it’s cheap for active management. It appears to be worth it. In the three years through March 2020, ARKQ outperformed passive rivals like the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the ROBO Global Robotics & Automation Index ETF (ROBO).
For skeptics worried ARK has been lucky rather than good, ARK’s flagship Innovation ETF (ARKK) has routinely outperformed passive rivals like State Street’s popular index-tracking Technology Select Sector SPDR Fund (XLK). But ARK is known for idiosyncratic high-conviction bets, and the firm has come under fire for its outsized wager on Tesla.
Any actively-managed product is ultimately a bet on the portfolio managers who pick the stocks. ARK’s products are geared toward investors who have the fortitude and faith to ride out short-term blips in favor of the prospect long-term alpha.
This section compares how balanced and deep this ETF is relative to its peers.
| ARKQ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 38 | 303 | 76 |
| % of Assets in Top 10 | 57.33% | 27.40% | 30.60% |
| % of Assets in Top 15 | 70.74% | 35.83% | 41.34% |
| % of Assets in Top 50 | 100.01% | 67.02% | 81.33% |
| ARKQ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 64.61% | 55.96% | 57.45% |
| Mid (>2.7B) | 21.51% | 26.38% | 25.69% |
| Small (>600M) | 11.29% | 6.96% | 13.29% |
| Micro (<600M) | 2.59% | 1.08% | 3.57% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| ARKQ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.66 | $ 0.27 | $ 0.13 |
| Dividend Date | 2020-12-29 | N/A | N/A |
| Annual Dividend Rate | $ 0.66 | $ 0.78 | $ 0.16 |
| Annual Dividend Yield | 0.82% | 1.53% | 0.25% |
View charts featuring ETF fund flow data.
5 Day Net Flows: -7.86 M 1 Month Net Flows: -96.02 M 3 Month Net Flows: -325.94 M 6 Month Net Flows: -684.91 M 1 Year Net Flows: 1.7 B 3 Year Net Flows: 2.08 B 5 Year Net Flows: 2.22 B 10 Year Net Flows: 2.23 BView charts that break down the influence that fund flows and price had on overall assets.
The adjacent table gives investors an individual Realtime Rating for ARKQ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the All Cap Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers.
| ARKQ |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -2.49% | 1.05% | -2.72% |
| 3 Month Return | 1.78% | 3.83% | 4.11% |
| YTD Return | 5.66% | 17.55% | 10.84% |
| 1 Year Return | 28.72% | 29.80% | 32.04% |
| 3 Year Return | 154.08% | 41.22% | 68.14% |
| 5 Year Return | 289.30% | 54.91% | 71.27% |
The following charts reflect the geographic spread of ARKQ's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 98.67% |
| Europe | 1.34% |
| Country | Percentage |
|---|---|
| United States | 80.82% |
| China | 8.63% |
| Japan | 3.63% |
| Israel | 3.31% |
| Canada | 2.33% |
| Belgium | 1.13% |
| Other | 0.16% |
The following charts reflect the allocation of ARKQ's underlying holdings.
| Sector | Percentage |
|---|---|
| Electronic Technology | 27.03% |
| Technology Services | 22.41% |
| Producer Manufacturing | 19.39% |
| Consumer Durables | 16.97% |
| Communications | 4.44% |
| Retail Trade | 3.97% |
| Finance | 2.71% |
| Transportation | 1.93% |
| Health Technology | 1.0% |
| Miscellaneous | 0.16% |
| Market Cap | Percentage |
|---|---|
| Large | 64.61% |
| Mid | 21.51% |
| Small | 11.29% |
| Micro | 2.59% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 84.49% |
| American Depositary Receipt | 15.36% |
| Open-ended Fund | 0.16% |
| Sector | Percentage |
|---|---|
| Electronic Technology | 27.03% |
| Technology Services | 22.41% |
| Producer Manufacturing | 19.39% |
| Consumer Durables | 16.97% |
| Communications | 4.44% |
| Retail Trade | 3.97% |
| Finance | 2.71% |
| Transportation | 1.93% |
| Health Technology | 1.0% |
| Miscellaneous | 0.16% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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