ARKF vs. QQEW ETF Comparison
Comparison of ARK Fintech Innovation ETF (ARKF) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)
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
$38.75
Average Daily Volume
419,511
28
QQEW
First Trust NASDAQ-100 Equal Weighted Index Fund
QQEW Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.Grade (RS Rating)
Last Trade
$131.51
Average Daily Volume
54,590
101
Performance
Period | ARKF | QQEW |
---|---|---|
30 Days | 23.72% | 4.19% |
60 Days | 28.95% | 4.65% |
90 Days | 38.64% | 7.39% |
12 Months | 68.48% | 21.42% |
ARKF Overweight 21 Positions Relative to QQEW
ARKF Underweight 94 Positions Relative to QQEW
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | B | -1.46% | |
TSLA | B | -1.39% | |
NFLX | B | -1.22% | |
TTWO | A | -1.21% | |
DASH | A | -1.2% | |
BKNG | A | -1.2% | |
BKR | C | -1.19% | |
MRVL | B | -1.18% | |
FTNT | B | -1.17% | |
WBD | C | -1.17% | |
EA | B | -1.16% | |
DDOG | B | -1.15% | |
TMUS | A | -1.15% | |
LULU | C | -1.14% | |
CHTR | B | -1.14% | |
ZS | C | -1.13% | |
PDD | F | -1.13% | |
ADSK | B | -1.12% | |
PANW | B | -1.12% | |
FAST | A | -1.12% | |
MAR | A | -1.11% | |
TTD | B | -1.1% | |
CDNS | B | -1.08% | |
PCAR | B | -1.08% | |
ISRG | B | -1.08% | |
HON | B | -1.08% | |
INTC | D | -1.07% | |
ODFL | B | -1.07% | |
CSCO | A | -1.07% | |
XEL | A | -1.06% | |
CPRT | A | -1.05% | |
ADP | A | -1.05% | |
MU | D | -1.05% | |
DXCM | C | -1.04% | |
ANSS | B | -1.04% | |
SNPS | B | -1.04% | |
CTAS | A | -1.04% | |
CMCSA | C | -1.04% | |
ORLY | A | -1.04% | |
VRSK | A | -1.04% | |
GILD | B | -1.03% | |
GFS | C | -1.03% | |
PAYX | B | -1.03% | |
MNST | B | -1.02% | |
WDAY | C | -1.01% | |
CTSH | A | -1.0% | |
ABNB | C | -1.0% | |
SBUX | B | -0.99% | |
COST | A | -0.99% | |
MDB | C | -0.98% | |
APP | B | -0.97% | |
FANG | F | -0.97% | |
AAPL | A | -0.97% | |
ILMN | C | -0.97% | |
ROP | B | -0.96% | |
CSGP | C | -0.96% | |
CSX | B | -0.96% | |
TXN | D | -0.95% | |
ON | D | -0.94% | |
VRTX | D | -0.94% | |
LIN | D | -0.93% | |
AVGO | D | -0.93% | |
MSFT | C | -0.93% | |
ADBE | C | -0.93% | |
EXC | C | -0.93% | |
ARM | D | -0.93% | |
AEP | C | -0.92% | |
NXPI | D | -0.92% | |
CCEP | B | -0.91% | |
GEHC | F | -0.91% | |
CEG | C | -0.9% | |
PEP | F | -0.9% | |
ADI | D | -0.9% | |
QCOM | F | -0.89% | |
ROST | C | -0.88% | |
LRCX | D | -0.88% | |
AMD | F | -0.86% | |
KHC | D | -0.86% | |
AMAT | F | -0.86% | |
MDLZ | F | -0.84% | |
AMGN | F | -0.83% | |
KDP | D | -0.83% | |
MCHP | D | -0.82% | |
IDXX | F | -0.8% | |
ASML | F | -0.8% | |
KLAC | D | -0.79% | |
AZN | D | -0.78% | |
CDW | F | -0.76% | |
BIIB | F | -0.76% | |
REGN | F | -0.63% | |
MRNA | F | -0.55% | |
SMCI | F | -0.55% | |
GOOGL | C | -0.52% | |
GOOG | C | -0.52% |
ARKF: Top Represented Industries & Keywords
QQEW: Top Represented Industries & Keywords