ARKF vs. FDNI ETF Comparison
Comparison of ARK Fintech Innovation ETF (ARKF) to First Trust Dow Jones International Internet ETF (FDNI)
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
$27.60
Average Daily Volume
471,771
29
FDNI
First Trust Dow Jones International Internet ETF
FDNI Description
The investment seeks the results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Dow Jones International Internet Index (the “index”). The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is developed, maintained and sponsored by S&P Dow Jones Indices LLC and is designed to measure the performance of securities of non-U.S. issuers whose primary business focus is Internet-related. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.41
Average Daily Volume
4,265
14
Performance
| Period | ARKF | FDNI |
|---|---|---|
| 30 Days | -6.31% | 5.90% |
| 60 Days | -4.40% | 8.24% |
| 90 Days | 4.59% | 14.18% |
| 12 Months | 62.64% | 11.10% |
ARKF Overweight 26 Positions Relative to FDNI
| Symbol | Grade | Weight | |
|---|---|---|---|
| COIN | C | 11.32% | |
| SQ | D | 8.35% | |
| DKNG | C | 6.78% | |
| PATH | F | 4.88% | |
| HOOD | B | 4.56% | |
| TOST | C | 4.24% | |
| SOFI | F | 4.0% | |
| ROKU | F | 3.56% | |
| GLBE | F | 3.42% | |
| PINS | B | 3.19% | |
| INTU | D | 3.08% | |
| RBLX | C | 2.83% | |
| MELI | B | 2.43% | |
| PLTR | C | 1.96% | |
| META | D | 1.95% | |
| NU | C | 1.92% | |
| BILL | F | 1.37% | |
| ICE | D | 1.12% | |
| NVDA | C | 1.03% | |
| TDOC | F | 1.01% | |
| CRWD | C | 0.91% | |
| Z | F | 0.82% | |
| IBTA | B | 0.16% | |
| RDDT | B | 0.02% | |
| STNE | C | 0.0% | |
| TWLO | C | 0.0% |
ARKF: Top Represented Industries & Keywords
FDNI: Top Represented Industries & Keywords
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