ARKF vs. ARVR ETF Comparison
Comparison of ARK Fintech Innovation ETF (ARKF) to First Trust Indxx Metaverse ETF (ARVR)
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
$29.84
Average Daily Volume
324,495
28
ARVR
First Trust Indxx Metaverse ETF
ARVR Description
The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.Grade (RS Rating)
Last Trade
$37.94
Average Daily Volume
1,961
23
Performance
Period | ARKF | ARVR |
---|---|---|
30 Days | 9.71% | 6.89% |
60 Days | 22.40% | 15.27% |
90 Days | 5.89% | -0.14% |
12 Months | 58.30% | 31.43% |
ARKF Overweight 25 Positions Relative to ARVR
Symbol | Grade | Weight | |
---|---|---|---|
SHOP | B | 9.39% | |
COIN | F | 7.22% | |
SQ | D | 5.96% | |
DKNG | C | 5.88% | |
HOOD | B | 4.71% | |
TOST | B | 4.37% | |
ROKU | C | 3.87% | |
MELI | D | 3.76% | |
PLTR | A | 3.59% | |
SOFI | C | 3.46% | |
PINS | D | 3.12% | |
PATH | D | 2.63% | |
NU | D | 2.14% | |
SE | B | 2.03% | |
GLBE | C | 1.99% | |
SPOT | C | 1.73% | |
INTU | F | 1.7% | |
PYPL | A | 1.66% | |
CRWD | D | 1.37% | |
ICE | A | 1.25% | |
Z | C | 1.16% | |
BILL | D | 1.09% | |
RDDT | B | 1.02% | |
IBTA | C | 0.59% | |
AMZN | C | 0.49% |
ARKF Underweight 20 Positions Relative to ARVR
ARKF: Top Represented Industries & Keywords
ARVR: Top Represented Industries & Keywords