Skip to Content
ETF Comparisons

ARKF vs. QQQJ

ARK Fintech Innovation ETF

ARKF
$--
vs

Invesco Exchange-Traded Fund Trust II Invesco NASDAQ Next Gen 100 ETF

QQQJ
$--

Correlation

0.85

Compare with

Top 10 comparisons with ARKF:
Compare:
ARKF
Correlation
With:
QQQJ
Invesco Exchange-Traded Fund Trust II Invesco NASDAQ Next Gen 100 ETF
0.85
SwitchARKWARK Investment Management LLC - ARK Next Generation Internet ETF0.98ARKKARK Investment Management LLC - ARK Innovation ETF0.96TARKInvestment Managers Series Trust II - AXS 2X Innovation ETF0.96IPORenaissance Capital Greenwich Funds - Renaissance IPO ETF0.94FINXGlobal X Funds - Global X Funds Global X FinTech ETF0.92XSWSPDR Series Trust - SPDR S&P Software & Services ETF0.91WCLDWisdomTree Trust - WisdomTree Cloud Computing Fund0.90IBUYAmplify ETF Trust - Amplify Online Retail ETF0.90THNQExchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF0.89CLOUGlobal X Funds - Global X Cloud Computing ETF0.89

Top 10 shared holdings

The top 10 holdings shared by ARKF and QQQJ:

There are no shared holdings.
Invest with ARKF
Learn more about QQQJ
ARKFARK Fintech Innovation ETF
QQQJInvesco Exchange-Traded Fund Trust II Invesco NASDAQ Next Gen 100 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
**

ARKF ARK Fintech Innovation ETF
QQQJ Invesco Exchange-Traded Fund Trust II Invesco NASDAQ Next Gen 100 ETF
Inception date
Feb 04 2019
Oct 13 2020
Expense ratio
0.75%
0.15%
ARKF has a higher expense ratio than QQQJ by 0.6%. This can indicate that it’s more expensive to invest in ARKF than QQQJ.
Type
Global Equities
US Equities
ARKF targets investing in Global Equities, while QQQJ targets investing in US Equities.
Fund owner
ARK Funds
Invesco
ARKF is managed by ARK Funds, while QQQJ is managed by Invesco.
Volume (1m avg. daily)
$9,483,865
$1,918,273
ARKF is considered a high-volume asset, while ETF2 is low-volume. Low-volume assets will suffer from poor execution price – you can find a high-volume alternative ETF in QQQJ’s related ETFs section.
AUM
$808,992,455
$653,701,993
ARKF has more assets under management than QQQJ by $155,290,462. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
None
NASDAQ Next Generation 100 Index
ARKF is based off of the undefined, while QQQJ is based off of the NASDAQ Next Generation 100 Index
Inverse/Leveraged
No
No
ARKF and QQQJ 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 QQQJ uses a Passive investing strategy.
Dividend
No
No
ARKF and QQQJ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither ARKF nor QQQJ require a K1.
ARKF and QQQJ’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Disclaimers

*

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.

**

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.