FFTY vs. ARKF ETF Comparison
Comparison of Innovator IBD 50 Fund ETF (FFTY) to ARK Fintech Innovation ETF (ARKF)
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.
Grade (RS Rating)
Last Trade
$30.71
Average Daily Volume
74,777
50
ARKF
ARK Fintech Innovation ETF
ARKF Description
ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing 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 financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;Grade (RS Rating)
Last Trade
$38.68
Average Daily Volume
407,606
28
Performance
Period | FFTY | ARKF |
---|---|---|
30 Days | 11.41% | 21.48% |
60 Days | 13.97% | 29.87% |
90 Days | 16.25% | 33.16% |
12 Months | 37.05% | 72.13% |
FFTY Overweight 46 Positions Relative to ARKF
Symbol | Grade | Weight | |
---|---|---|---|
HIMS | B | 3.77% | |
POWL | C | 3.6% | |
VRT | B | 3.58% | |
STRL | A | 3.57% | |
FIX | A | 3.52% | |
ATAT | C | 3.46% | |
DOCS | C | 3.28% | |
ARM | F | 3.22% | |
CLS | A | 3.21% | |
YOU | D | 3.09% | |
NTRA | A | 3.05% | |
BWIN | C | 3.0% | |
ANET | C | 3.0% | |
EME | A | 2.99% | |
HROW | D | 2.95% | |
DUOL | A | 2.92% | |
BGNE | D | 2.79% | |
ADMA | B | 2.77% | |
IOT | A | 2.07% | |
MNDY | C | 2.05% | |
CWAN | B | 2.03% | |
RCL | A | 2.01% | |
FTAI | A | 2.01% | |
RYAN | A | 1.99% | |
LNTH | D | 1.99% | |
IBKR | A | 1.99% | |
AXON | A | 1.99% | |
ONON | A | 1.92% | |
AFRM | A | 1.12% | |
TT | A | 1.0% | |
VITL | D | 0.99% | |
TW | A | 0.99% | |
NOW | A | 0.99% | |
FOUR | A | 0.99% | |
TVTX | C | 0.98% | |
HWM | A | 0.97% | |
NFLX | A | 0.96% | |
PACS | F | 0.51% | |
KVYO | C | 0.51% | |
FTNT | C | 0.51% | |
ALNY | D | 0.51% | |
AGX | B | 0.5% | |
DY | D | 0.49% | |
DECK | A | 0.49% | |
AMSC | B | 0.49% | |
ZETA | D | 0.46% |
FFTY Underweight 24 Positions Relative to ARKF
Symbol | Grade | Weight | |
---|---|---|---|
SHOP | B | -11.07% | |
COIN | C | -10.71% | |
SQ | A | -6.13% | |
SOFI | B | -4.78% | |
HOOD | B | -4.64% | |
DKNG | B | -4.25% | |
RBLX | C | -3.28% | |
ROKU | D | -3.27% | |
META | D | -2.52% | |
PINS | F | -2.3% | |
PATH | C | -2.25% | |
SE | A | -1.79% | |
NU | C | -1.79% | |
GLBE | B | -1.78% | |
SPOT | B | -1.67% | |
RDDT | A | -1.57% | |
INTU | B | -1.5% | |
PYPL | B | -1.48% | |
BILL | A | -1.48% | |
CRWD | B | -1.31% | |
Z | A | -1.03% | |
ICE | C | -0.96% | |
IBTA | C | -0.56% | |
AMZN | C | -0.43% |
FFTY: Top Represented Industries & Keywords
ARKF: Top Represented Industries & Keywords