ARKW vs. FFLG ETF Comparison

Comparison of ARK Next Generation Internet ETF (ARKW) to Fidelity Fundamental Large Cap Growth ETF (FFLG)
ARKW

ARK Next Generation Internet ETF

ARKW Description

Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.

Grade (RS Rating)

Last Trade

$98.73

Average Daily Volume

121,048

Number of Holdings *

33

* may have additional holdings in another (foreign) market
FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.41

Average Daily Volume

28,667

Number of Holdings *

91

* may have additional holdings in another (foreign) market
Performance
Period ARKW FFLG
30 Days 15.73% 4.57%
60 Days 29.53% 14.29%
90 Days 33.80% 15.32%
12 Months 70.58% 50.62%
11 Overlapping Holdings
Symbol Grade Weight in ARKW Weight in FFLG Overlap
AMZN B 1.19% 7.12% 1.19%
COIN B 5.45% 0.45% 0.45%
HOOD A 4.42% 0.26% 0.26%
META B 4.85% 5.34% 4.85%
MSFT C 0.86% 9.14% 0.86%
NVDA B 1.38% 12.31% 1.38%
RDDT A 1.7% 0.12% 0.12%
ROKU C 8.45% 0.38% 0.38%
SHOP B 3.61% 0.55% 0.55%
SQ C 5.26% 0.31% 0.31%
TSM B 1.23% 1.96% 1.23%
ARKW Overweight 22 Positions Relative to FFLG
Symbol Grade Weight
TSLA B 8.89%
RBLX B 6.5%
PLTR A 3.59%
DKNG C 2.38%
GENI C 2.21%
CRWD C 2.13%
NET C 2.11%
TTD B 1.97%
AMD F 1.76%
PATH D 1.75%
SPOT B 1.74%
U D 1.72%
PD C 1.71%
PINS D 1.51%
MELI D 1.31%
RBRK A 1.22%
TOST B 1.18%
GTLB C 1.13%
DDOG C 1.09%
NU B 0.86%
PSTG C 0.67%
QCOM C 0.5%
ARKW Underweight 80 Positions Relative to FFLG
Symbol Grade Weight
AAPL B -12.07%
GOOG B -2.82%
GOOGL B -2.48%
UBER F -2.21%
NFLX A -2.02%
MA A -1.95%
BSX A -1.72%
LOW B -1.57%
LLY D -1.46%
NXPI D -1.37%
ASML F -1.3%
GE C -0.9%
TMUS A -0.88%
CDNS B -0.86%
MPWR F -0.85%
LULU D -0.8%
ON D -0.76%
HUBS B -0.76%
CRM A -0.75%
MU C -0.73%
ALNY B -0.71%
MRVL B -0.7%
FLEX A -0.69%
DHR F -0.68%
MDB C -0.63%
TJX C -0.63%
UNH B -0.62%
REGN F -0.59%
BLD F -0.58%
CVNA B -0.57%
TMO F -0.57%
BLDR D -0.57%
KDP F -0.55%
ICE D -0.54%
XOM B -0.53%
ABNB D -0.52%
MNST B -0.52%
IR B -0.51%
HWM B -0.5%
WMT A -0.49%
CMG C -0.49%
RH B -0.48%
EME B -0.46%
GEV A -0.44%
SNAP C -0.44%
PODD B -0.42%
NTNX B -0.42%
CSGP D -0.39%
FIX A -0.37%
BRKR F -0.36%
FSLR F -0.33%
DPZ C -0.33%
HQY A -0.33%
FLYW C -0.32%
VMC B -0.32%
AVGO B -0.3%
EXAS F -0.3%
NVO F -0.28%
ARGX B -0.27%
PM C -0.24%
PCVX D -0.24%
TEVA C -0.24%
DKS D -0.23%
ITCI A -0.22%
TMDX F -0.21%
ATI D -0.19%
RRC C -0.19%
AZN F -0.18%
LYFT C -0.18%
IONS F -0.16%
NUVL D -0.16%
RIVN F -0.14%
MRNA F -0.13%
SE C -0.13%
HOLX D -0.12%
ROIV C -0.1%
IDYA F -0.09%
LEGN F -0.07%
TGT F -0.07%
W F -0.03%
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