EMER
Why invest in ARKK
Focused on ARK’s belief that innovation is key to growth, the ARK Innovation ETF is built on the cornerstone investments that present the best risk-reward opportunities from ARK’s innovation-based themes.
Fact Sheet
Fund Holdings CSVFund Description and Objective
ARK defines ‘‘disruptive innovation’’ as the introduction of a technologically enabled new product or service that potentially changes the way the world works.
Companies within ARKK include those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to the areas of DNA technologies (‘‘Genomic Revolution”), industrial innovation in energy, automation and manufacturing (‘‘Industrial Innovation’’), the increased use of shared technology, infrastructure and services (‘‘Next Generation Internet’), and technologies that make financial services more efficient (‘‘Fintech Innovation’’).
ARKK is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation.
ARKK Performance
| ARKK | 3 Months | YTD | 1 Year* | 3 Years* | 5 Years* | Since Inception* |
| NAV | 9.44% | 5.09% | 86.59% | 45.26% | 48.36% | 34.27% |
| Market Price | 9.03% | 5.06% | 86.41% | 45.21% | 48.55% | 34.29% |
*Annualized
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The
investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. The Fund’s most recent month-end performance can be found in the fund material section. Returns for less than one year are not annualized. Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.
Top 10 Holdings
| Weight | Company | Ticker | Market Price | Shares Held | Market Value |
|---|---|---|---|---|---|
| 10.76% | TESLA INC | TSLA | $735.72 | 3,274,104 | $2,408,823,794.88 |
| 5.55% | TELADOC HEALTH INC | TDOC | $144.42 | 8,602,278 | $1,242,340,988.76 |
| 5.18% | ROKU INC | ROKU | $352.40 | 3,287,239 | $1,158,423,023.60 |
| 4.81% | COINBASE GLOBAL INC -CLASS A | COIN | $259.00 | 4,158,678 | $1,077,097,602.00 |
| 4.71% | UNITY SOFTWARE INC | U | $126.75 | 8,312,705 | $1,053,635,358.75 |
| 3.92% | SQUARE INC – A | SQ | $268.07 | 3,275,351 | $878,023,342.57 |
| 3.89% | SHOPIFY INC – CLASS A | SHOP | $1524.78 | 570,815 | $870,367,295.70 |
| 3.86% | ZOOM VIDEO COMMUNICATIONS-A | ZM | $289.50 | 2,985,280 | $864,238,560.00 |
| 3.56% | SPOTIFY TECHNOLOGY SA | SPOT | $234.34 | 3,400,123 | $796,784,823.82 |
| 3.55% | TWILIO INC – A | TWLO | $356.96 | 2,226,628 | $794,817,130.88 |
*Annualized
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The
investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. The Fund’s most recent month-end performance can be found in the fund material section. Returns for less than one year are not annualized. Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.
Active ETF of the Year
ARK was recognized by Fund Intelligence during The Mutual Fund Industry and ETF Awards 2019 for Active ETF of the Year for ARKK.1 >> Learn More
DISCLOSURE
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are contained in the prospectus. Please read the prospectus carefully before investing.
The principal risks of investing in the ARKK include: Equity Securities Risk. The value of the equity securities the Fund holds may fall due to general market and economic conditions. Health Care Sector Risk. The health care sector may be adversely affected by government regulations and government health care programs. Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in government regulation, world events, economic conditions, environmental damages, product liability claims and exchange rates. Information Technology Sector Risk. Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. Cryptocurrency Risk. Cryptocurrency (notably, bitcoin), often referred to as ‘‘virtual currency’’ or ‘‘digital currency,’’ operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. The Fund may have exposure to bitcoin, a cryptocurrency, indirectly through an investment in the Bitcoin Investment Trust (‘‘GBTC’’), a privately offered, open-end investment vehicle. Cryptocurrency operates without central authority or banks and is not backed by any government. Even indirectly, cryptocurrencies may experience very high volatility and related investment vehicles like GBTC may be affected by such volatility. As a result of holding cryptocurrency, the Fund may also trade at a significant premium to NAV. Cryptocurrency is also not legal tender. Federal, state or foreign governments may restrict the use and exchange of cryptocurrency, and regulation in the U.S. is still developing. Cryptocurrency exchanges may stop operating or permanently shut down due to fraud, technical glitches, hackers or malware. Additional risks of investing in ARKK include foreign securities, market, management and non-diversification risks. Detailed information regarding the specific risks of ARKK can be found in the ETF’s prospectus.
Portfolio holdings will change and should not be considered as investment advice or a recommendation to buy, sell or hold any particular security.
Award Disclosure