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ARK Next Generation Internet ETF

ARKW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30 2014
Expense Ratio
0.83%
Type
US Equities
Fund Owner
ARK Funds
Volume (1m avg. daily)
$20,607,010
AUM
$1,202,055,819
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

SQ
Block Inc - Ordinary Shares - Class A
8.57%
ZM
Zoom Video Communications Inc - Ordinary Shares - Class A
7.20%
SHOP
Shopify Inc - Ordinary Shares - Class A
6.83%
ROKU
Roku Inc - Ordinary Shares - Class A
6.74%
COIN
Coinbase Global Inc - Ordinary Shares - Class A
6.00%
GBTC
GRAYSCALE BITCOIN TRUST BTC
5.94%
TSLA
Tesla Inc
5.90%
TWLO
Twilio Inc - Ordinary Shares Class A
4.97%
DKNG
DraftKings Inc. - Ordinary Shares - Class A
4.73%
PATH
UiPath Inc - Ordinary Shares - Class A
4.61%
Invest with ARKW

What is ARKW?

Securities within ARKW are focused on and expected to benefit from shifting the bases of technology infrastructure from hardware and software to the cloud, enabling mobile and local services. These benefits can come from such companies that rely on or benefit from the increased use of shared technology, infrastructure and services.

ETFs related toARKW

ETFs correlated to ARKW include ARKF, ARKK, TARK

ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
XITK
SPDR Series Trust - SPDR FactSet Innovative Technology ETF
XWEB
SPDR Series Trust - SPDR S&P Internet ETF
BWEB
Bitwise Funds Trust - Bitwise Web3 ETF
BUZZ
VanEck ETF Trust - VanEck Social Sentiment ETF
FNGG
Direxion Shares ETF Trust - Direxion Daily Select Large Caps & FANGs 2x Shares
OGIG
OSI ETF Trust - ALPS O`Shares Global Internet Giants 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 toARKW

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Can contain

ARKWUSMV
#D

Phalanx Formation: Downturn Defense

Category

Getting Defensive

Risk Rating

Moderate

Can contain

ARKWUSMV

Create your own algorithmic trading strategy with ARKW using Composer

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.