ARKX
ARK Space Exploration & Innovation ETF
ARKX actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth.
Global
EQUITY
Active
MANAGEMENT STYLE
294.8 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
Fund sponsor | ARK |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Mar 30, 2021 |
Assets (mns) | $295 |
Expense ratio | 75 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
ROCKET LAB USA, INC. | 10.7 % |
KRATOS DEFENSE & SECURITY | 8.8 % |
IRIDIUM COMMUNICATIONS INC. | 8.1 % |
ARCHER AVIATION INC CLASS A | 6.8 % |
TRIMBLE NAVIGATION LTD | 6.3 % |
AEROVIRONMENT INC | 6.0 % |
TERADYNE INC | 5.5 % |
L3HARRIS TECHNOLOGIES INC | 4.1 % |
BLADE AIR MOBILITY, INC. CLASS A | 3.9 % |
AMAZON.COM INC | 3.8 % |
Constituent Breakdown
Number of holdings | 31 |
Herfindahl-Hirschman Index | 530 |
Wgt avg mkt cap (mns) | $148,468 |
Large cap (>$10bn) | 50.7% |
Mid cap ($2-10bn) | 38.9% |
Small cap (<$2bn) | 10.4% |
Developed mkts. | 98.4% |
Emerging mkts. | 1.6% |
Country Exposure
UNITED STATES | 85.4 % | |
FRANCE | 3.5 % | |
JAPAN | 3.2 % | |
SWITZERLAND | 2.5 % | |
CHINA | 1.5 % | |
ISRAEL | 1.4 % | |
NETHERLANDS | 0.9 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 26.8% | 36.7% | 21.2% | 0.6% | -- | -- | -1.4% | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.29 | 63% |
MSCI EAFE | 1.01 | 38% |
MSCI Emg Mkts | 0.71 | 19% |
Liquidity Measures
Avg. volume (000) | 165 |
Turnover | 1.1% |
Avg. Bid/Ask (% of price) | 0.13% |
ADV of underlying (mns) | $20,258 |
Technical Indicators
Recent close | $19.73 |
30d moving avg. | $16.36 |
Annualized volatility | 28.6% |
Relative strength (RSI) | 52 |
Short interest (ETF) | 0.7% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. ARKX |
Expenses vs. ARKX |
ALTAR Score™ vs. ARKX |
---|---|---|---|---|
ARKQ | ARK Autonomous Technology & Robotics ETF | 63.7% | 0 bp | -0.1% |
UFO | Procure Space ETF | 27.5% | 0 bp | -3.7% |
ROKT | SPDR S&P Kensho Final Frontiers ETF | 22.7% | -30 bp | +0.0% |
XAR | SPDR S&P Aerospace & Defense ETF | 19.3% | -40 bp | -0.5% |
FITE | SPDR S&P Kensho Future Security ETF | 18.1% | -30 bp | -0.3% |
PPA | Invesco Aerospace & Defense ETF | 15.5% | -17 bp | -0.1% |
SHLD | Global X Defense Tech ETF | 15.4% | -25 bp | +2.1% |
FBOT | Fidelity Disruptive Automation ETF | 15.2% | -25 bp | +1.0% |
NATO | Themes Transatlantic Defense ETF | 14.5% | -40 bp | +0.6% |
ROBT | First Trust Nasdaq Artificial Intelligence & Robotics ETF | 12.8% | -10 bp | -0.7% |
Risk and Returns: ARKX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/4/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ARKX
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
ARKX
2.5%
Cat. Avg
4.0%
ALTAR Score™ Calculation
Category Overview
There are 377 funds in the Global Equity category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.7%. ARKX's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places ARKX in the 37th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ARKXSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active Global Equity ETFs |
# of ETFs | 118 |
Avg. Expense Ratio | 73.5 bp |
Std. Deviation | 29.8 bp |
ARKX (75 bp) Percentile rank | 55 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
ARKX | 75.0 | 12.7 | 87.7 |
Peer Avg. | 74.3 | 39.2 | 113.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .