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ARKF vs. AGG

ARK Fintech Innovation ETF

ARKF
$--
vs

iShares Core U.S. Aggregate Bond ETF

AGG
$--

Correlation

0.33
ARKFARK Fintech Innovation ETF
AGGiShares Core U.S. Aggregate Bond ETF

What is ARKF?

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing 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 financial technology ( Fintech ) innovation.

Snapshot
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ARKF ARK Fintech Innovation ETF
AGG iShares Core U.S. Aggregate Bond ETF
Inception date
Feb 04 2019
Sep 22 2003
Expense ratio
0.75%
0.03%
ARKF has a higher expense ratio than AGG by 0.72%. This can indicate that it’s more expensive to invest in ARKF than AGG.
Type
Global Equities
US Bonds
ARKF targets investing in Global Equities, while AGG targets investing in US Bonds.
Fund owner
ARK Funds
Blackrock (iShares)
ARKF is managed by ARK Funds, while AGG is managed by Blackrock (iShares).
Volume (1m avg. daily)
$9,483,865
$631,408,505
Both ARKF and AGG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$808,992,455
$91,680,069,240
ARKF has more assets under management than AGG by $90,871,076,785. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
None
Bloomberg US Aggregate Bond Index
ARKF is based off of the undefined, while AGG is based off of the Bloomberg US Aggregate Bond Index
Inverse/Leveraged
No
No
ARKF and AGG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Active
Passive
ARKF uses a Active investing strategy, while AGG uses a Passive investing strategy.
Dividend
No
No
ARKF and AGG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither ARKF nor AGG require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Disclaimers

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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.

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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.