AIEQ vs. ARKF ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to ARK Fintech Innovation ETF (ARKF)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.34

Average Daily Volume

8,628

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

ARKF

ARK Fintech Innovation ETF

ARKF Description

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;

Grade (RS Rating)

Last Trade

$28.18

Average Daily Volume

353,146

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	ARKF
30 Days	5.29%	2.96%
60 Days	6.55%	-0.98%
90 Days	5.56%	-3.66%
12 Months	20.15%	36.86%

6 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in ARKF	Overlap
COIN	C	3.25%	10.72%	3.25%
ICE	A	0.1%	1.14%	0.1%
META	A	7.53%	2.5%	2.5%
PLTR	A	0.1%	2.58%	0.1%
ROKU	C	3.76%	3.29%	3.29%
SOFI	F	0.74%	3.38%	0.74%

AIEQ Overweight 106 Positions Relative to ARKF

Symbol	Grade	Weight
NFLX	A	6.65%
MSFT	A	6.34%
AMAT	B	5.33%
CRM	C	5.09%
PEP	D	4.12%
HD	C	3.68%
ADBE	B	3.6%
QCOM	B	3.24%
ORCL	A	2.84%
ISRG	A	2.82%
BX	C	2.59%
USB	D	1.88%
MRO	B	1.86%
MRVL	C	1.69%
X	C	1.36%
ROST	B	1.27%
BKR	C	1.24%
LVS	F	1.23%
BLK	B	1.17%
SPG	C	1.12%
PR	C	1.04%
S	C	1.04%
PARA	C	1.02%
CMI	D	0.94%
KEY	C	0.9%
OLLI	B	0.87%
MARA	C	0.84%
VFC	D	0.77%
COHR	B	0.67%
J	D	0.66%
LEN	D	0.63%
NET	B	0.57%
APO	B	0.53%
VEEV	D	0.5%
RL	C	0.49%
CROX	C	0.47%
PVH	F	0.46%
ECL	B	0.44%
NOVA	D	0.44%
IVZ	D	0.41%
KRC	F	0.38%
OPEN	F	0.36%
RYTM	B	0.34%
SYY	D	0.33%
PNC	C	0.31%
TXT	D	0.31%
CIEN	F	0.29%
BIIB	C	0.29%
DHI	D	0.28%
CSGP	F	0.26%
HCA	C	0.25%
FOUR	B	0.24%
CRUS	A	0.24%
FATE	F	0.24%
RJF	D	0.24%
PTC	B	0.23%
MANH	B	0.23%
TXN	B	0.22%
ALLO	F	0.22%
SFIX	B	0.22%
WEX	D	0.22%
APLS	F	0.22%
FLR	B	0.21%
THO	D	0.21%
TELL	C	0.21%
SNOW	D	0.21%
IBM	B	0.17%
TRNO	B	0.16%
AMG	D	0.15%
OWL	D	0.14%
EDIT	F	0.14%
ACN	D	0.14%
NFE	F	0.13%
MDB	D	0.13%
HON	B	0.12%
CVS	D	0.12%
EME	D	0.12%
TGT	D	0.12%
SPSC	B	0.12%
KURA	D	0.11%
APPN	D	0.1%
OCGN	C	0.1%
MDLZ	D	0.1%
GILD	C	0.1%
PACB	F	0.1%
STEM	F	0.1%
AMT	B	0.09%
BBIO	D	0.09%
MNST	D	0.08%
LULU	F	0.08%
STZ	B	0.08%
HAL	F	0.07%
MCO	A	0.07%
DASH	C	0.07%
ZS	B	0.07%
PH	D	0.06%
ALL	D	0.06%
URI	D	0.05%
ZNTL	F	0.05%
CPRT	C	0.04%
DLR	B	0.04%
STLD	D	0.04%
AMP	B	0.04%
ROK	D	0.04%
STT	C	0.04%
AVB	B	0.03%

AIEQ Underweight 22 Positions Relative to ARKF

Symbol	Grade	Weight
SHOP	C	-8.37%
SQ	C	-6.74%
DKNG	F	-5.65%
HOOD	B	-4.68%
TOST	B	-4.62%
PINS	B	-4.22%
RBLX	B	-3.47%
PATH	D	-3.33%
INTU	A	-3.14%
MELI	B	-2.91%
GLBE	B	-2.03%
NU	B	-1.99%
SE	B	-1.71%
SPOT	B	-1.52%
NVDA	B	-1.51%
CRWD	B	-1.16%
BILL	F	-1.12%
PYPL	D	-0.93%
Z	C	-0.87%
RDDT	B	-0.64%
IBTA	D	-0.11%
TDOC	F	-0.01%