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ETFs

ARK Autonomous Technology & Robotics ETF

ARKQ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30, 2014
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
ARK Funds
Volume (1m avg. daily)
$3,801,392
AUM
$992,386,145
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TSLA
Tesla Inc
13.84%
PATH
UiPath Inc - Ordinary Shares - Class A
8.39%
KTOS
Kratos Defense & Security Solutions Inc
7.34%
IRDM
Iridium Communications Inc
7.25%
TRMB
Trimble Inc
6.85%
TER
Teradyne, Inc.
6.41%
KMTUY
Komatsu Ltd - ADR
4.24%
ACHR
Archer Aviation Inc - Ordinary Shares - Class A
4.11%
AVAV
AeroVironment Inc.
4.01%
DE
Deere & Co.
3.63%
Invest with ARKQ

What is ARKQ?

The Fund is an actively-managed exchange-traded fund ( ETF ) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the Fund s investment theme of disruptive innovation. Autonomous technology and robotics companies are companies that the Adviser believes are expected to focus on and benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, disruptive innovation in automation and manufacturing ( Automation Transformation Companies ), transportation, energy ( Energy Transformation Companies ), artificial intelligence ( Artificial Intelligence Companies ) and materials. Effective as of November 4, 2019, the name of the ARK Industrial Innovation ETF changed to the ARK Autonomous Technology & Robotics ETF .

ETFs related toARKQ

ETFs correlated to ARKQ include KOMP, IYC, CGGR

ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toARKQ

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with ARKQ using Composer

FAQ

ARKQ is a Global Equities ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the Fund s investment theme of disruptive innovation. Autonomous technology and robotics companies are companies that the Adviser believes are expected to focus on and benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, disruptive innovation in automation and manufacturing ( Automation Transformation Companies ), transportation, energy ( Energy Transformation Companies ), artificial intelligence ( Artificial Intelligence Companies ) and materials. Effective as of November 4, 2019, the name of the ARK Industrial Innovation ETF changed to the ARK Autonomous Technology & Robotics ETF .

Yes, ARKQ is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, ARKQ is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ARKQ is -0.0132%. This is the percent change in the value of ARKQ over the most recent 1-month period. The 3-month return on ARKQ is -0.0249%. This is the percent change in the value of ARKQ over the most recent 3-month period.

The standard deviation of ARKQ for the past year is 0.2969%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ARKQ include PBW, IGF, and EFG.

ETFs correlated to ARKQ include KOMP, IYC, and CGGR.

ETFs that are inversely correlated to ARKQ include HIBS, SARK, and BERZ.

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.