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

$37.32

Average Daily Volume

382,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$28.58

Average Daily Volume

7,688

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKF	FDNI
30 Days	17.98%	-0.32%
60 Days	29.55%	16.34%
90 Days	32.81%	13.83%
12 Months	72.33%	29.63%

3 Overlapping Holdings

Symbol	Grade	Weight in ARKF	Weight in FDNI	Overlap
SE	B	1.79%	2.97%	1.79%
SHOP	A	11.07%	9.5%	9.5%
SPOT	A	1.67%	5.25%	1.67%

ARKF Overweight 25 Positions Relative to FDNI

Symbol	Grade	Weight
COIN	A	10.71%
SQ	A	6.13%
TOST	A	5.09%
SOFI	A	4.78%
HOOD	A	4.64%
DKNG	B	4.25%
PLTR	A	3.34%
RBLX	B	3.28%
ROKU	D	3.27%
MELI	D	3.18%
META	C	2.52%
PINS	F	2.3%
PATH	D	2.25%
NU	C	1.79%
GLBE	B	1.78%
RDDT	B	1.57%
INTU	A	1.5%
PYPL	A	1.48%
BILL	A	1.48%
NVDA	B	1.32%
CRWD	B	1.31%
Z	A	1.03%
ICE	D	0.96%
IBTA	C	0.56%
AMZN	B	0.43%

ARKF Underweight 10 Positions Relative to FDNI

Symbol	Grade	Weight
BABA	D	-9.74%
PDD	F	-7.38%
CPNG	C	-2.72%
BIDU	F	-2.23%
XRX	F	-1.31%
WIX	A	-0.89%
TME	F	-0.67%
VIPS	F	-0.45%
BZ	F	-0.42%
MBAVU	A	-0.34%