ARKF vs. FMET ETF Comparison
Comparison of ARK Fintech Innovation ETF (ARKF) to Fidelity Metaverse ETF (FMET)
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
$38.35
Average Daily Volume
407,606
28
FMET
Fidelity Metaverse ETF
FMET Description
The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.Grade (RS Rating)
Last Trade
$30.12
Average Daily Volume
5,582
35
Performance
| Period | ARKF | FMET |
|---|---|---|
| 30 Days | 21.48% | 0.20% |
| 60 Days | 29.87% | 2.45% |
| 90 Days | 33.16% | 0.64% |
| 12 Months | 72.13% | 13.18% |
ARKF Overweight 24 Positions Relative to FMET
| Symbol | Grade | Weight | |
|---|---|---|---|
| SHOP | B | 11.07% | |
| COIN | C | 10.71% | |
| SQ | A | 6.13% | |
| TOST | B | 5.09% | |
| SOFI | B | 4.78% | |
| HOOD | B | 4.64% | |
| DKNG | B | 4.25% | |
| PLTR | B | 3.34% | |
| ROKU | D | 3.27% | |
| MELI | C | 3.18% | |
| PATH | C | 2.25% | |
| SE | A | 1.79% | |
| NU | C | 1.79% | |
| GLBE | B | 1.78% | |
| SPOT | B | 1.67% | |
| RDDT | A | 1.57% | |
| INTU | B | 1.5% | |
| PYPL | B | 1.48% | |
| BILL | A | 1.48% | |
| CRWD | B | 1.31% | |
| Z | A | 1.03% | |
| ICE | C | 0.96% | |
| IBTA | C | 0.56% | |
| AMZN | C | 0.43% |
ARKF Underweight 31 Positions Relative to FMET
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | -4.83% | |
| AAPL | C | -4.44% | |
| AMD | F | -4.44% | |
| MSFT | D | -4.41% | |
| QCOM | F | -4.18% | |
| INTC | C | -4.09% | |
| ADBE | C | -4.08% | |
| EQIX | A | -3.47% | |
| ADSK | A | -3.32% | |
| DLR | B | -3.27% | |
| EA | A | -2.71% | |
| TTWO | A | -2.49% | |
| PTC | B | -2.24% | |
| SNAP | D | -1.82% | |
| BSY | F | -1.59% | |
| GLOB | B | -1.54% | |
| ALTR | B | -1.5% | |
| U | C | -1.25% | |
| CRUS | D | -1.05% | |
| SMCI | F | -1.05% | |
| AMBA | B | -0.99% | |
| EXPI | D | -0.76% | |
| MOMO | D | -0.73% | |
| VNET | B | -0.72% | |
| WB | D | -0.72% | |
| BMBL | C | -0.72% | |
| FSLY | D | -0.71% | |
| DAVA | C | -0.68% | |
| PLTK | B | -0.67% | |
| HIMX | F | -0.61% | |
| HEAR | D | -0.47% |
ARKF: Top Represented Industries & Keywords
FMET: Top Represented Industries & Keywords
Compare ETFs
