ARKF vs. SIXA ETF Comparison
Comparison of ARK Fintech Innovation ETF (ARKF) to 6 Meridian Mega Cap Equity ETF (SIXA)
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
$38.83
Average Daily Volume
408,436
28
SIXA
6 Meridian Mega Cap Equity ETF
SIXA Description
The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mega capitalization equity securities. The Sub-Adviser considers mega capitalization companies to be the largest 10% of stocks included in the Russell 3000 Index by market capitalization. The equity securities in which it invests are mainly common stocks. The fund is non-diversified.Grade (RS Rating)
Last Trade
$46.13
Average Daily Volume
5,862
49
Performance
Period | ARKF | SIXA |
---|---|---|
30 Days | 25.74% | 1.28% |
60 Days | 30.92% | 2.79% |
90 Days | 34.83% | 4.79% |
12 Months | 74.28% | 32.64% |
ARKF Overweight 23 Positions Relative to SIXA
Symbol | Grade | Weight | |
---|---|---|---|
SHOP | B | 11.07% | |
COIN | C | 10.71% | |
SQ | A | 6.13% | |
TOST | B | 5.09% | |
SOFI | A | 4.78% | |
HOOD | B | 4.64% | |
DKNG | B | 4.25% | |
PLTR | B | 3.34% | |
RBLX | C | 3.28% | |
ROKU | D | 3.27% | |
MELI | D | 3.18% | |
PINS | D | 2.3% | |
PATH | C | 2.25% | |
SE | B | 1.79% | |
NU | C | 1.79% | |
GLBE | B | 1.78% | |
SPOT | B | 1.67% | |
RDDT | B | 1.57% | |
BILL | A | 1.48% | |
CRWD | B | 1.31% | |
Z | A | 1.03% | |
ICE | C | 0.96% | |
IBTA | C | 0.56% |
ARKF Underweight 44 Positions Relative to SIXA
Symbol | Grade | Weight | |
---|---|---|---|
MO | A | -5.46% | |
T | A | -4.07% | |
VZ | C | -4.0% | |
PEP | F | -3.74% | |
GM | B | -2.88% | |
SPG | B | -2.81% | |
COST | B | -2.74% | |
CVX | A | -2.74% | |
XOM | B | -2.73% | |
AXP | A | -2.73% | |
TGT | F | -2.71% | |
CL | D | -2.65% | |
CAT | B | -2.64% | |
DUK | C | -2.63% | |
SO | D | -2.6% | |
QCOM | F | -2.6% | |
GILD | C | -2.58% | |
KHC | F | -2.42% | |
LLY | F | -2.32% | |
COF | B | -1.46% | |
NFLX | A | -1.46% | |
ORCL | B | -1.43% | |
JPM | A | -1.43% | |
BLK | C | -1.39% | |
USB | A | -1.38% | |
UNH | C | -1.36% | |
BRK.A | B | -1.36% | |
BK | A | -1.36% | |
GE | D | -1.35% | |
PG | A | -1.35% | |
GOOGL | C | -1.34% | |
AAPL | C | -1.33% | |
WMT | A | -1.33% | |
AIG | B | -1.32% | |
PM | B | -1.32% | |
DE | A | -1.32% | |
RTX | C | -1.31% | |
IBM | C | -1.3% | |
AMD | F | -1.28% | |
LMT | D | -1.27% | |
JNJ | D | -1.26% | |
MRK | F | -1.24% | |
KO | D | -1.24% | |
DOW | F | -1.18% |
ARKF: Top Represented Industries & Keywords
SIXA: Top Represented Industries & Keywords