ARKF vs. FRTY ETF Comparison
Comparison of ARK Fintech Innovation ETF (ARKF) to Alger Mid Cap 40 ETF (FRTY)
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
$27.76
Average Daily Volume
469,363
29
FRTY
Alger Mid Cap 40 ETF
FRTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.Grade (RS Rating)
Last Trade
$15.80
Average Daily Volume
11,393
39
Performance
| Period | ARKF | FRTY |
|---|---|---|
| 30 Days | -5.93% | 0.03% |
| 60 Days | -4.70% | -2.74% |
| 90 Days | 5.19% | 8.40% |
| 12 Months | 58.81% | 30.59% |
ARKF Overweight 21 Positions Relative to FRTY
ARKF Underweight 31 Positions Relative to FRTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRT | A | -5.22% | |
| MANH | F | -4.24% | |
| HEI | A | -4.16% | |
| SHAK | A | -4.16% | |
| NTRA | A | -4.04% | |
| APPF | C | -3.04% | |
| BURL | D | -3.03% | |
| TDG | A | -2.88% | |
| RRX | D | -2.85% | |
| CABA | F | -2.83% | |
| OKTA | D | -2.77% | |
| MU | B | -2.64% | |
| MPWR | C | -2.55% | |
| SAIA | F | -2.55% | |
| PCVX | D | -2.39% | |
| OSCR | A | -2.06% | |
| ELF | D | -2.0% | |
| SMCI | D | -1.94% | |
| DDOG | C | -1.75% | |
| PTC | D | -1.75% | |
| S | D | -1.64% | |
| MDGL | D | -1.63% | |
| SNOW | D | -1.5% | |
| APO | D | -1.44% | |
| IRTC | C | -1.33% | |
| VLTO | A | -1.26% | |
| NVR | D | -1.23% | |
| OLED | C | -0.99% | |
| SRPT | B | -0.97% | |
| FOUR | F | -0.95% | |
| PSTG | C | -0.63% |
ARKF: Top Represented Industries & Keywords
FRTY: Top Represented Industries & Keywords
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