Ark Fintech Innovation Etf Profile
| ARKF Etf | USD 27.13 0.14 0.52% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ARK Fintech is trading at 27.13 as of the 11th of September 2024. This is a 0.52 percent increase since the beginning of the trading day. The etf's lowest day price was 26.6. ARK Fintech has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ARK Fintech Innovation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of September 2022 and ending today, the 11th of September 2024. Click here to learn more.
The fund is an actively-managed ETF that will invest under normal circumstances primarily in domestic and foreign equity securities of companies that are engaged in the funds investment theme of financial technology innovation. Ark Fintech is traded on NYSEARCA Exchange in the United States.. More on ARK Fintech Innovation
Moving together with ARK Etf
| 0.84 | VGT | Vanguard Information | PairCorr |
| 0.79 | XLK | Technology Select Sector | PairCorr |
| 0.79 | IYW | iShares Technology ETF | PairCorr |
| 0.69 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.7 | SOXX | iShares Semiconductor ETF | PairCorr |
| 0.72 | CIBR | First Trust NASDAQ | PairCorr |
Moving against ARK Etf
ARK Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, ARK ETF Trust (View all Sectors) |
| Issuer | ARK |
| Inception Date | 2019-02-04 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 822.87 Million |
| Average Trading Valume | 252,163.1 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | ARK Investment Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Catherine D. Wood |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 41.0 |
| Market Maker | Jane Street |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | (2.14) |
| Name | ARK Fintech Innovation ETF |
| Currency Code | USD |
| Open Figi | BBG00N7YFK60 |
| In Threey Volatility | 44.84 |
| 1y Volatility | 42.07 |
| 200 Day M A | 27.3957 |
| 50 Day M A | 27.5128 |
| Code | ARKF |
| Updated At | 11th of September 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.34) |
ARK Fintech Innovation [ARKF] is traded in USA and was established 2019-02-01. The fund is listed under Technology category and is part of ARK ETF Trust family. The entity is thematically classified as Strategy ETFs. ARK Fintech Innovation presently have 817.18 M in assets under management (AUM). , while the total return for the last 3 years was -20.1%.
Check ARK Fintech Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ARK Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ARK Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ARK Fintech Innovation Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ARK Fintech Innovation Currency Exposure
ARK Fintech Innovation holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ARK Fintech will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ARK Fintech Innovation.
Top ARK Fintech Innovation Etf Constituents
| NVDA | NVIDIA | Stock | Information Technology | |
| PINS | Stock | Communication Services | ||
| Z | Zillow Group Class | Etf | Communication Services | |
| TWLO | Twilio Inc | Stock | Information Technology | |
| TREE | Lendingtree | Stock | Financials | |
| TCEHY | Tencent Holdings Ltd | Pink Sheet | Internet Content & Information | |
| SQ | Block Inc | Stock | Information Technology | |
| SPLK | Splunk Inc | Stock | Information Technology |
ARK Fintech Top Holders
| TMAT | Main Thematic Innovation | Etf | Global Small/Mid Stock |
ARK Fintech Innovation Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ARK Fintech. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.02) |
ARK Fintech Against Markets
Additional Information and Resources on Investing in ARK Etf
When determining whether ARK Fintech Innovation is a strong investment it is important to analyze ARK Fintech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ARK Fintech's future performance. For an informed investment choice regarding ARK Etf, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARK Fintech Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of ARK Fintech Innovation is measured differently than its book value, which is the value of ARK that is recorded on the company's balance sheet. Investors also form their own opinion of ARK Fintech's value that differs from its market value or its book value, called intrinsic value, which is ARK Fintech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ARK Fintech's market value can be influenced by many factors that don't directly affect ARK Fintech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ARK Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARK Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARK Fintech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.