ARKX vs. MGMT ETF Comparison
Comparison of ARK Space Exploration & Innovation ETF (ARKX) to Ballast Small/Mid Cap ETF (MGMT)
ARKX
ARK Space Exploration & Innovation ETF
ARKX Description
The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest 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 Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.
Grade (RS Rating)
Last Trade
$16.47
Average Daily Volume
36,905
25
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.Grade (RS Rating)
Last Trade
$38.31
Average Daily Volume
10,354
43
Performance
| Period | ARKX | MGMT |
|---|---|---|
| 30 Days | 10.46% | 4.10% |
| 60 Days | 17.81% | 8.61% |
| 90 Days | 8.36% | 7.76% |
| 12 Months | 23.35% | 14.15% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARKX | Weight in MGMT | Overlap |
|---|
ARKX Overweight 25 Positions Relative to MGMT
| Symbol | Grade | Weight | |
|---|---|---|---|
| IRDM | C | 9.79% | |
| KTOS | B | 9.44% | |
| AVAV | B | 7.56% | |
| TER | C | 7.36% | |
| TRMB | B | 6.52% | |
| RKLB | B | 5.58% | |
| LHX | A | 5.42% | |
| AMZN | C | 3.9% | |
| PLTR | A | 2.83% | |
| DE | C | 2.77% | |
| BLDE | D | 2.68% | |
| GRMN | D | 2.61% | |
| ACHR | F | 2.51% | |
| GOOG | B | 2.22% | |
| JOBY | C | 2.06% | |
| PRNT | D | 1.95% | |
| HEI | C | 1.71% | |
| LMT | A | 1.64% | |
| HON | C | 1.45% | |
| TDY | A | 1.4% | |
| PATH | D | 1.33% | |
| SNPS | F | 1.27% | |
| ANSS | D | 1.08% | |
| DDD | D | 0.69% | |
| MYNA | F | 0.0% |
ARKX Underweight 43 Positions Relative to MGMT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NRP | A | -5.46% | |
| AGM | D | -3.54% | |
| CVCO | C | -3.49% | |
| MTG | A | -3.45% | |
| PHIN | D | -3.35% | |
| AZZ | B | -3.12% | |
| EXP | C | -3.01% | |
| BELFB | A | -2.83% | |
| IGIC | B | -2.74% | |
| CEIX | B | -2.66% | |
| CBNK | C | -2.6% | |
| LII | C | -2.42% | |
| PATK | A | -2.39% | |
| CASS | F | -2.38% | |
| LSTR | F | -2.3% | |
| TPB | C | -2.2% | |
| TDC | D | -2.2% | |
| BLCO | C | -2.08% | |
| GEO | D | -2.06% | |
| IMXI | F | -2.04% | |
| BCO | C | -1.99% | |
| EPR | C | -1.84% | |
| DOX | B | -1.8% | |
| ECVT | F | -1.72% | |
| BWA | C | -1.71% | |
| UFPT | D | -1.69% | |
| G | A | -1.47% | |
| RCMT | D | -1.42% | |
| BIOX | F | -1.41% | |
| KN | B | -1.36% | |
| KOS | F | -1.34% | |
| TRIP | D | -1.34% | |
| GSM | D | -1.26% | |
| GPRE | F | -1.25% | |
| IPGP | D | -1.22% | |
| EPSN | B | -1.16% | |
| TKR | B | -1.09% | |
| CRMT | F | -1.08% | |
| EXTR | D | -1.04% | |
| IRMD | B | -1.03% | |
| CMPO | B | -1.03% | |
| NTIC | F | -0.9% | |
| RMNI | F | -0.74% |
ARKX: Top Represented Industries & Keywords
MGMT: Top Represented Industries & Keywords
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