ARKX
ARK Space Exploration & Innovation ETF

Price: $20.49
Change: $0.01 (-0.0%)
Last Updated:

Vitals

  • Issuer ARK
  • Brand ARK
  • Structure ETF
  • Expense Ratio 0.75%
  • ETF Home Page Home page
  • Inception Mar 30, 2021
  • Index Tracked ACTIVE - No Index

Analyst Report

The ARK Space Exploration & Innovation ETF is an actively managed fund that invests in global companies engaged in space exploration and innovation. The portfolio includes orbital and suborbital aerospace companies, companies that stand to benefit from aerospace activities, and firms that develop technology that enables space exploration, including robotics, artificial intelligence, materials, 3D printing, and energy storage. Not surprisingly, the fund is heavy on technology stocks. The fund owns a narrow universe of companies, so it is not diversified enough to replace a core allocation to technology, but it could augment core holdings for investors who have faith in ARK’s management team. ARKX, which debuted in March 2021, is a relatively new addition to the active ETF lineup from ARK, which has had considerable success with some of its other actively managed products. Any actively managed product is ultimately a wager 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 volatility in favor of long-term gains. ARKX’s management fee might seem pricey in the ultra-low-cost world of passive ETFs, but it’s cheap for active management, especially when the manager delivers significant alpha.

ETF Database Themes

FactSet Classifications

  • Segment Equity: Global Space
  • Category Sector
  • Focus Theme
  • Niche Space
  • Strategy Active
  • Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $19.12
  • 52 Week Hi $21.33
  • AUM $578.8 M
  • Shares 28.3 M

Historical Trading Data

  • 1 Month Avg. Volume 290,835
  • 3 Month Avg. Volume 313,622

Description

The ARK Space Exploration & Innovation ETF’s investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund that will invest 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 Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth.

Alternative ETFs in the ETF Database Industrials Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FIDU 0.08% $850.9 M 91,025 13.10%
Largest (AUM) XLI 0.12% $18.0 B 12 M 14.01%
Most Liquid (Volume) XLI 0.12% $18.0 B 12 M 14.01%
Top YTD Performer EVX 0.55% $69.0 M 1,685 20.25%

Alternative ETFs in the FactSet Equity: Global Space Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest UFO 0.75% $121.6 M 39,734 19.76%
Largest (AUM) UFO 0.75% $121.6 M 39,734 19.76%
Most Liquid (Volume) UFO 0.75% $121.6 M 39,734 19.76%
Top YTD Performer UFO 0.75% $121.6 M 39,734 19.76%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

ARKX ETF Database Category Average FactSet Segment Average
Number of Holdings 37 106 37
% of Assets in Top 10 57.31% 40.40% 54.88%
% of Assets in Top 15 71.75% 52.16% 71.28%
% of Assets in Top 50 100.02% 85.98% 100.01%

Size Comparison

ARKX ETF Database Category Average FactSet Segment Average
Large (>12.9B) 70.37% 65.12% 52.59%
Mid (>2.7B) 18.92% 24.02% 21.42%
Small (>600M) 6.46% 9.88% 21.33%
Micro (<600M) 4.24% 0.97% 4.42%

ARKX Valuation

This section compares the P/E ratio of this ETF to its peers.

ARKX
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
25.35
FactSet Segment Average
P/E Ratio
9.18

ARKX Dividend

This section compares the dividend yield of this ETF to its peers.

ARKX ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.24 $ 0.06
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.72 $ 0.18
Annual Dividend Yield N/A 0.84% 0.60%

ARKX Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: -9.29 M 1 Month Net Flows: -30.89 M 3 Month Net Flows: -37 M 6 Month Net Flows: 585.5 M 1 Year Net Flows: 585.5 M 3 Year Net Flows: 585.5 M 5 Year Net Flows: 585.5 M 10 Year Net Flows: 585.5 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for ARKX 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 ETFdb Pro members, shows the ETF in the Industrials 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 ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses n/a n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

ARKX Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

ARKX
Expense Ratio
0.75%
ETF Database Category Average
Expense Ratio
0.44%
FactSet Segment Average
Expense Ratio
0.75%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores
6.31/10
ESG Score
51.98%
Global Percentile
53.4%
Peer Percentile
    • Revenue Exposure to Environmental Impact (%)
      Higher is better, no ESG score impact
    • Severe Environment Controversies (%)
      Lower improves ESG score
    • Sustainable Impact Solutions (%)
      3.17%
      Higher is better, no ESG score impact
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      26.24
      Higher is worse, no ESG score impact
    • Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • High Impact Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • Water Stress High Risk Business Segment (%)
      Lower improves ESG score
    • Water Stress High Risk Geography (%)
      Lower improves ESG score
    • Water Stress Exposure Moderate (%)
      Lower improves ESG score
    • Water Stress Exposure High (%)
      Lower improves ESG score
    • Water Stress Exposure Low (%)
      Higher improves ESG score
    • Revenue Exposure to Energy Efficiency (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Alternative Energy (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Green Building (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Pollution Prevention (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Water Sustainability (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Social Impact (%)
      Higher is better, no ESG score impact
    • Sustainable Impact Solutions (%)
      3.17%
      Higher is better, no ESG score impact
    • SRI Exclusion Criteria (%)
      28.4%
      Higher is worse, no ESG score impact
    • Revenue Exposure to Affordable Real Estate (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Education (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Major Disease Treatment (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Nutrition (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to Sanitation (%)
      Higher is better, no ESG score impact
    • Revenue Exposure to SME Finance (%)
      Higher is better, no ESG score impact
    • Human Rights Norms Violation (%)
      Higher is worse, no ESG score impact
    • Human Rights Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Human Rights Controversies (%)
      Lower improves ESG score
    • Labor Norms Violation (%)
      Higher is worse, no ESG score impact
    • Labor Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Labor Controversies (%)
      Lower improves ESG score
    • Severe Customer Controversies (%)
      Lower improves ESG score
    • Global Compact Compliance Violation (%)
      Higher is worse, no ESG score impact
    • Global Compact Compliance Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Catholic Values Fail (%)
      Higher is worse, no ESG score impact
    • Islamic Non-Compliant (%)
      Higher is worse, no ESG score impact
    • Adult Entertainment Involvement (%)
      Higher is worse, no ESG score impact
    • Alcohol Involvement (%)
      Higher is worse, no ESG score impact
    • Gambling Involvement (%)
      Higher is worse, no ESG score impact
    • Nuclear Power Involvement (%)
      Higher is worse, no ESG score impact
    • Tobacco Involvement (%)
      Higher is worse, no ESG score impact
    • Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Controversies Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Retailer (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Producer (%)
      Higher is worse, no ESG score impact
    • Direct Predatory Lending Involvement (%)
      Higher is worse, no ESG score impact
    • Genetic Engineering Involvement (%)
      Higher is worse, no ESG score impact
    • Severe Governance Controversies (%)
      Lower improves ESG score
    • Board Flag (%)
      Lower improves ESG score
    • Lack of Independent Board Majority (%)
      Lower improves ESG score
    • Board Independence (0-25%) (%)
      Lower improves ESG score
    • Board Independence (25-50%) (%)
      Lower improves ESG score
    • Board Independence (50-75%) (%)
      Higher improves ESG score
    • Board Independence (75-100%) (%)
      Higher improves ESG score
    • No Female Directors (%)
      Lower improves ESG score
    • Three OR More Female Directors (%)
      Higher improves ESG score
    • Females Represent 30% of Directors (%)
      Higher improves ESG score
    • Entrenched Board (%)
      Lower improves ESG score
    • Overboarding (%)
      Lower improves ESG score
    • Negative Director Votes (%)
      Lower improves ESG score
    • Ownership AND Control Flag (%)
      Lower improves ESG score
    • One Share One Vote (%)
      Lower improves ESG score
    • No Annual Director Elections (%)
      Lower improves ESG score
    • Does Not Use Majority Voting (%)
      Lower improves ESG score
    • Significant Votes Against Pay Practices (%)
      Lower improves ESG score
    • Controlling Shareholder (%)
      Lower improves ESG score
    • Controlling Shareholder Concerns (%)
      Lower improves ESG score
    • Cross Shareholdings (%)
      Lower improves ESG score
    • Poison Pill (%)
      Lower improves ESG score
    • Pay Flag (%)
      Lower improves ESG score
    • No Pay Performance Link (%)
      Lower improves ESG score
    • Lack of Internal Pay Equity (%)
      Lower improves ESG score
    • Executive Pay Non-Disclosure (%)
      Lower improves ESG score
    • Accounting Flag (%)
      Lower improves ESG score

ARKX Performance

This section shows how this ETF has performed relative to its peers.

ARKX ETF Database
Category Average
Factset Segment
Average
1 Month Return 3.28% -0.65% 3.64%
3 Month Return 0.56% -0.57% 1.34%
YTD Return N/A 11.05% 9.88%
1 Year Return N/A 27.31% 19.72%
3 Year Return N/A 25.61% N/A
5 Year Return N/A 76.02% N/A

ARKX Price and Volume Chart

Geographic Exposure

The following charts reflect the geographic spread of ARKX's underlying holdings.

Sector Breakdown

Asset Percentage
Share/Common/Ordinary 92.25%
Exchange Traded Fund (ETF-ETF) 7.62%
Open-ended Fund 0.15%
CASH 0.0%
Sector Percentage
Electronic Technology 43.95%
Technology Services 19.16%
Producer Manufacturing 9.51%
Miscellaneous 7.77%
Transportation 6.63%
Communications 6.0%
Finance 4.11%
Retail Trade 2.89%
CASH 0.0%
Market Cap Percentage
Large 70.37%
Mid 18.92%
Small 6.46%
Micro 4.24%
Region Percentage
North, Central and South America 81.85%
Europe 9.52%
Asia Pacific 8.65%
Other 0.0%
Region Percentage
Country Percentage
United States 73.11%
Other 7.77%
France 6.95%
Japan 4.72%
China 3.93%
Israel 1.53%
Netherlands 1.04%
Switzerland 0.97%
Asset Percentage
Share/Common/Ordinary 92.25%
Exchange Traded Fund (ETF-ETF) 7.62%
Open-ended Fund 0.15%
CASH 0.0%

ARKX Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

5 Day Volatility
23.58%
Rank
18 of 19

20 Day Volatility
13.38%
Rank
8 of 19

50 Day Volatility
16.14%
Rank
9 of 19

200 Day Volatility
15.47%
Rank
9 of 19

Beta
-1.46
Rank
19 of 19

Standard Deviation
No Ranking Available
Rank
N/A

Technicals

  • 20 Day MA $20.71
  • 60 Day MA $20.57
  • MACD 15 Period -0.37
  • MACD 100 Period 0.02
  • Williams % Range 10 Day 79.38
  • Williams % Range 20 Day 46.94
  • RSI 10 Day 42
  • RSI 20 Day 48
  • RSI 30 Day 49
  • Ultimate Oscillator 42

Bollinger Bands

  • Lower Bollinger (10 Day) $20.22
  • Upper Bollinger (10 Day) $21.30
  • Lower Bollinger (20 Day) $19.92
  • Upper Bollinger (20 Day) $21.48
  • Lower Bollinger (30 Day) $19.71
  • Upper Bollinger (30 Day) $21.40

Support & Resistance

  • Support Level 1 $20.38
  • Support Level 2 $20.28
  • Resistance Level 1 $20.57
  • Resistance Level 2 $20.66

Stochastic

  • Stochastic Oscillator %D (1 Day) 54.26
  • Stochastic Oscillator %D (5 Day) 27.19
  • Stochastic Oscillator %K (1 Day) 46.43
  • Stochastic Oscillator %K (5 Day) 28.90

Financial Advisor Report

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 Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

Disclosures

Copyright © 2021 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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