ARKX vs. TXS ETF Comparison
Comparison of ARK Space Exploration & Innovation ETF (ARKX) to Texas Capital Texas Equity Index ETF (TXS)
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
$14.79
Average Daily Volume
70,821
27
TXS
Texas Capital Texas Equity Index ETF
TXS Description
TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.Grade (RS Rating)
Last Trade
$29.09
Average Daily Volume
2,809
10
Performance
| Period | ARKX | TXS |
|---|---|---|
| 30 Days | -2.70% | 1.65% |
| 60 Days | -0.80% | 6.23% |
| 90 Days | 1.16% | 4.74% |
| 12 Months | -2.70% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARKX | Weight in TXS | Overlap |
|---|
ARKX Overweight 27 Positions Relative to TXS
| Symbol | Grade | Weight | |
|---|---|---|---|
| KTOS | C | 9.14% | |
| AVAV | C | 8.75% | |
| IRDM | F | 7.84% | |
| TER | B | 7.39% | |
| TRMB | D | 6.74% | |
| LHX | B | 5.61% | |
| AMZN | A | 3.79% | |
| RKLB | C | 3.29% | |
| ACHR | F | 2.87% | |
| DE | F | 2.75% | |
| PRNT | F | 2.75% | |
| BLDE | B | 2.74% | |
| GRMN | B | 2.64% | |
| GOOG | A | 2.26% | |
| JOBY | F | 2.07% | |
| PLTR | B | 2.07% | |
| PATH | D | 1.77% | |
| HON | B | 1.6% | |
| SNPS | B | 1.6% | |
| HEI | B | 1.58% | |
| LMT | A | 1.42% | |
| TDY | D | 1.33% | |
| ANSS | D | 1.15% | |
| MYNA | D | 0.88% | |
| U | F | 0.74% | |
| OSPN | B | 0.52% | |
| DDD | F | 0.46% |
ARKX: Top Represented Industries & Keywords
TXS: Top Represented Industries & Keywords
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