CTEC vs. ARKX ETF Comparison
Comparison of Global X CleanTech ETF (CTEC) to ARK Space Exploration & Innovation ETF (ARKX)
CTEC
Global X CleanTech ETF
CTEC Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.
Grade (RS Rating)
Last Trade
$7.00
Average Daily Volume
14,199
13
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
$18.51
Average Daily Volume
68,559
25
Performance
Period | CTEC | ARKX |
---|---|---|
30 Days | -5.09% | 11.51% |
60 Days | -10.78% | 19.11% |
90 Days | -12.29% | 20.66% |
12 Months | -27.52% | 31.44% |
0 Overlapping Holdings
Symbol | Grade | Weight in CTEC | Weight in ARKX | Overlap |
---|
CTEC Underweight 25 Positions Relative to ARKX
Symbol | Grade | Weight | |
---|---|---|---|
KTOS | B | -9.84% | |
RKLB | A | -9.73% | |
IRDM | D | -8.3% | |
AVAV | C | -7.36% | |
TRMB | B | -6.82% | |
TER | F | -5.43% | |
LHX | C | -4.58% | |
AMZN | C | -3.85% | |
PLTR | B | -3.78% | |
ACHR | B | -3.22% | |
BLDE | C | -3.2% | |
GRMN | B | -2.77% | |
DE | B | -2.28% | |
JOBY | B | -2.2% | |
GOOG | C | -2.13% | |
PRNT | B | -1.77% | |
HEI | A | -1.56% | |
HON | C | -1.42% | |
TDY | B | -1.36% | |
PATH | C | -1.25% | |
SNPS | B | -1.2% | |
LMT | D | -1.2% | |
AMD | F | -1.12% | |
ANSS | B | -0.99% | |
DDD | C | -0.77% |
CTEC: Top Represented Industries & Keywords
ARKX: Top Represented Industries & Keywords