Skip to Content
ETFs

The 3D Printing ETF

PRNT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 19 2016
Expense Ratio
0.66%
Type
Global Equities
Fund Owner
ARK Funds
Volume (1m avg. daily)
$385,951
AUM
$147,258,748
Associated Index
Total 3D-Printing Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MKFG
Markforged Holding Corporation
4.99%
7731
Nikon Corporation
3.71%
RSW
Renishaw plc
3.63%
STMN
Straumann Holding AG
3.60%
HPQ
HP Inc
3.56%
ADSK
Autodesk Inc.
3.50%
NNDM
Nano Dimension Ltd - ADR
3.49%
PTC
PTC Inc
3.47%
DM
Desktop Metal Inc - Ordinary Shares - Class A
3.44%
TRMB
Trimble Inc
3.42%
Invest with PRNT

What is PRNT?

The 3D Printing ETF (PRNT) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Total 3D-Printing Index, which is designed to track the price movements of stocks of companies involved in the 3D printing industry. The Total 3D-Printing Index is composed of equity securities and depositary receipts of exchange listed companies from the U.S., non-U.S. developed markets and Taiwan that are engaged in 3D printing related businesses within the following business lines: (i) 3D printing hardware, (ii) computer aided design ( CAD ) and 3D printing simulation software, (iii) 3D printing centers, (iv) scanning and measurement, and (v) 3D printing materials. ARK expects 3D printing to revolutionize manufacturing by collapsing the time between design and production, reducing costs, and providing greater design complexity, accuracy and customization.

ETFs related toPRNT

ETFs correlated to PRNT include HIBL, SPHB, KOMP

PRNT
ARK Investment Management LLC - ARK 3D Printing 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
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
NUMG
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
ROBT
First Trust Exchange-Traded Fund VI - First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index 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 toPRNT

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with PRNT using Composer

FAQ

PRNT is a Global Equities ETF. The 3D Printing ETF (PRNT) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Total 3D-Printing Index, which is designed to track the price movements of stocks of companies involved in the 3D printing industry. The Total 3D-Printing Index is composed of equity securities and depositary receipts of exchange listed companies from the U.S., non-U.S. developed markets and Taiwan that are engaged in 3D printing related businesses within the following business lines: (i) 3D printing hardware, (ii) computer aided design ( CAD ) and 3D printing simulation software, (iii) 3D printing centers, (iv) scanning and measurement, and (v) 3D printing materials. ARK expects 3D printing to revolutionize manufacturing by collapsing the time between design and production, reducing costs, and providing greater design complexity, accuracy and customization.

PRNT tracks the Total 3D-Printing Index.

No, PRNT is not actively managed. It is passively 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.

Yes, PRNT is passively 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 PRNT is -0.0577%. This is the percent change in the value of PRNT over the most recent 1-month period. The 3-month return on PRNT is -0.1075%. This is the percent change in the value of PRNT over the most recent 3-month period.

The standard deviation of PRNT for the past year is 0.2656%. 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 PRNT include PBW, IGF, and ARKK.

ETFs correlated to PRNT include HIBL, SPHB, and KOMP.

ETFs that are inversely correlated to PRNT include HIBS, HDGE, and SRTY.

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.