ARKF vs. CLDL ETF Comparison

Comparison of ARK Fintech Innovation ETF (ARKF) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

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

$27.89

Average Daily Volume

475,292

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$9.70

Average Daily Volume

22,360

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKF	CLDL
30 Days	-7.77%	-15.65%
60 Days	-0.39%	-16.09%
90 Days	8.56%	-17.38%
12 Months	59.10%	52.51%

3 Overlapping Holdings

Symbol	Grade	Weight in ARKF	Weight in CLDL	Overlap
BILL	F	1.42%	1.17%	1.17%
CRWD	C	0.9%	4.05%	0.9%
TWLO	C	1.52%	1.93%	1.52%

ARKF Overweight 25 Positions Relative to CLDL

Symbol	Grade	Weight
COIN	B	10.85%
SQ	C	8.46%
SHOP	C	7.01%
DKNG	C	6.99%
PATH	D	4.81%
HOOD	B	4.56%
TOST	B	4.18%
SOFI	C	3.78%
GLBE	D	3.5%
ROKU	F	3.27%
MELI	D	3.25%
PINS	C	3.21%
INTU	C	3.02%
RBLX	D	2.91%
NU	C	2.65%
META	D	2.19%
PLTR	C	1.93%
SPOT	A	1.44%
SE	B	1.31%
ICE	C	1.11%
NVDA	B	1.05%
TDOC	F	1.0%
STNE	C	1.0%
Z	D	0.81%
RDDT	B	0.02%

ARKF Underweight 46 Positions Relative to CLDL

Symbol	Grade	Weight
TEAM	F	-4.44%
NOW	D	-4.29%
SNOW	D	-4.24%
WDAY	F	-4.19%
ADBE	D	-4.19%
SAP	C	-4.15%
ORCL	C	-4.07%
CRM	D	-3.99%
VEEV	D	-3.9%
ADSK	F	-3.59%
MSTR	D	-3.42%
ZS	D	-2.94%
AKAM	D	-2.87%
NTNX	C	-2.78%
ZM	D	-2.67%
DOCU	A	-2.21%
PAYC	D	-1.78%
PCTY	F	-1.32%
SPSC	C	-1.14%
QLYS	A	-1.12%
DBX	C	-1.1%
INFA	D	-0.86%
APPF	B	-0.8%
FIVN	D	-0.79%
WK	D	-0.72%
BOX	D	-0.7%
BLKB	B	-0.63%
ACIW	A	-0.63%
FRSH	D	-0.58%
ALRM	C	-0.58%
BL	C	-0.56%
RNG	D	-0.45%
AI	F	-0.42%
NCNO	F	-0.37%
DOCN	C	-0.33%
CWAN	F	-0.3%
PRO	D	-0.27%
EVBG	B	-0.26%
ZUO	A	-0.24%
PYCR	D	-0.22%
MODN	B	-0.21%
RDWR	D	-0.11%
VMEO	D	-0.1%
ENFN	A	-0.08%
BLND	C	-0.07%
SEMR	C	-0.05%