ARKW vs. IPO ETF Comparison
Comparison of ARK Next Generation Internet ETF (ARKW) to Renaissance IPO ETF (IPO)
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
$79.49
Average Daily Volume
187,886
36
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$41.09
Average Daily Volume
23,198
28
Performance
| Period | ARKW | IPO |
|---|---|---|
| 30 Days | 2.94% | 3.81% |
| 60 Days | 7.49% | 7.45% |
| 90 Days | 0.44% | 5.33% |
| 12 Months | 25.97% | 19.26% |
ARKW Overweight 32 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | C | 11.09% | |
| ROKU | D | 8.66% | |
| COIN | D | 7.56% | |
| SQ | D | 6.55% | |
| RBLX | C | 5.82% | |
| META | C | 3.59% | |
| PLTR | B | 3.03% | |
| PATH | F | 2.51% | |
| DKNG | F | 2.29% | |
| NET | C | 2.28% | |
| SHOP | D | 2.27% | |
| GENI | D | 2.26% | |
| TTD | C | 2.16% | |
| U | F | 2.14% | |
| PDFS | C | 2.08% | |
| SPOT | D | 1.97% | |
| CRWD | C | 1.9% | |
| PINS | D | 1.62% | |
| AMD | C | 1.53% | |
| NVDA | C | 1.37% | |
| TSM | B | 1.32% | |
| MELI | B | 1.14% | |
| TOST | D | 1.08% | |
| MSFT | C | 1.06% | |
| PSTG | B | 0.94% | |
| VCYT | D | 0.82% | |
| DDOG | C | 0.78% | |
| AMZN | C | 0.69% | |
| QCOM | C | 0.66% | |
| ZM | F | 0.23% | |
| VUZI | D | 0.22% | |
| TDOC | F | 0.0% |
ARKW Underweight 24 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARM | C | -9.88% | |
| KVUE | F | -9.59% | |
| RIVN | C | -6.24% | |
| ONON | D | -4.6% | |
| CNM | D | -4.04% | |
| CRBG | C | -3.63% | |
| DUOL | F | -3.53% | |
| GTLB | D | -3.07% | |
| RYAN | C | -2.88% | |
| GFS | C | -2.57% | |
| S | D | -2.28% | |
| BROS | C | -1.92% | |
| TPG | C | -1.67% | |
| HCP | B | -1.59% | |
| FRSH | F | -1.26% | |
| NUVL | C | -1.12% | |
| BRZE | F | -0.99% | |
| INFA | D | -0.96% | |
| BIRK | C | -0.7% | |
| PWSC | C | -0.65% | |
| FLNC | F | -0.51% | |
| ACT | B | -0.43% | |
| BLCO | C | -0.3% | |
| INST | C | -0.26% |
ARKW: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
Compare ETFs
