The 3D Printing ETF (PRNT) is an index fund from a team better known for its actively-managed products. The advisory firm, led by Catherine Wood, has an impressive track record doing what most stock pickers fail to do: beating the market. PRNT is one of ARK’s few passive products. The fund tracks a tiered, equal-weighted index of approximately 50 companies involved in 3D printing, including hardware, software, printing centers, scanners and materials. Each business line is assigned a certain weight within the index. Eligible companies hail from the U.S., developed markets outside the U.S., and Taiwan.
3D printing is a niche market that garnered considerable attention during the SARS-CoV2 pandemic — think 3D-printed face shields and ventilator splitters. But niche investment products like PRNT are designed for high-conviction investors seeking concentrated exposure. PRNT has been on the market since 2016 but has been slow to pick up assets, which isn’t unusual for niche ETFs but can make for thin liquidity. With a management fee of 66 basis points, PRNT is pricey for passive but comparable to other ETFs with narrow industry focus, especially since PRNT is one-of-a-kind. Those looking for broader (and cheaper) technology index funds would be better off with ultra-low-cost products from massive-passive shops like iShares and Vanguard. Those looking for broader technology exposure combined with Ark’s expertise can find some of the same 3D printing companies — such as Stratasys Ltd. and Protolabs — in Ark’s flagship Ark Innovation ETF (ARKK).
This section compares how balanced and deep this ETF is relative to its peers.
| PRNT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 56 | 86 | 76 |
| % of Assets in Top 10 | 42.21% | 44.21% | 30.60% |
| % of Assets in Top 15 | 60.83% | 56.81% | 41.34% |
| % of Assets in Top 50 | 99.52% | 90.32% | 81.33% |
| PRNT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 35.96% | 63.97% | 57.45% |
| Mid (>2.7B) | 26.35% | 21.85% | 25.69% |
| Small (>600M) | 20.83% | 7.44% | 13.29% |
| Micro (<600M) | 16.85% | 1.82% | 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.
| PRNT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.02 | $ 0.14 | $ 0.13 |
| Dividend Date | 2019-12-27 | N/A | N/A |
| Annual Dividend Rate | N/A | $ 0.36 | $ 0.16 |
| Annual Dividend Yield | N/A | 0.34% | 0.25% |
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -16.35 M 3 Month Net Flows: -38.69 M 6 Month Net Flows: -100.67 M 1 Year Net Flows: 463.5 M 3 Year Net Flows: 476.13 M 5 Year Net Flows: 510.03 M 10 Year Net Flows: 520.89 MView 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 PRNT 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 Technology 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.
| PRNT |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -6.25% | -0.09% | -2.72% |
| 3 Month Return | 0.67% | 7.17% | 4.11% |
| YTD Return | 15.35% | 14.03% | 10.84% |
| 1 Year Return | 37.50% | 26.69% | 32.04% |
| 3 Year Return | 56.66% | 73.33% | 68.14% |
| 5 Year Return | 66.92% | 113.47% | 71.27% |
The following charts reflect the geographic spread of PRNT's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 74.56% |
| Europe | 25.34% |
| Asia Pacific | 0.11% |
| Other | 0.0% |
| Country | Percentage |
|---|---|
| United States | 66.21% |
| Switzerland | 5.52% |
| Germany | 5.49% |
| Sweden | 5.31% |
| France | 5.2% |
| United Kingdom | 3.6% |
| Belgium | 3.49% |
| Israel | 3.33% |
| Canada | 1.36% |
| Other | 0.17% |
| Netherlands | 0.12% |
| Japan | 0.11% |
| Austria | 0.1% |
The following charts reflect the allocation of PRNT's underlying holdings.
| Sector | Percentage |
|---|---|
| Producer Manufacturing | 30.98% |
| Technology Services | 26.63% |
| Electronic Technology | 23.04% |
| Health Technology | 13.29% |
| Non-Energy Minerals | 2.59% |
| Consumer Durables | 1.14% |
| Transportation | 1.09% |
| Process Industries | 0.88% |
| Miscellaneous | 0.17% |
| Industrial Services | 0.1% |
| Consumer Non-Durables | 0.1% |
| CASH | 0.0% |
| Market Cap | Percentage |
|---|---|
| Large | 35.96% |
| Mid | 26.35% |
| Small | 20.83% |
| Micro | 16.85% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 92.92% |
| American Depositary Receipt | 6.82% |
| Open-ended Fund | 0.17% |
| Preferred Equity | 0.1% |
| CASH | 0.0% |
| Sector | Percentage |
|---|---|
| Producer Manufacturing | 30.98% |
| Technology Services | 26.63% |
| Electronic Technology | 23.04% |
| Health Technology | 13.29% |
| Non-Energy Minerals | 2.59% |
| Consumer Durables | 1.14% |
| Transportation | 1.09% |
| Process Industries | 0.88% |
| Miscellaneous | 0.17% |
| Industrial Services | 0.1% |
| Consumer Non-Durables | 0.1% |
| CASH | 0.0% |
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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