ARKK vs. MVFD ETF Comparison

Comparison of ARK Innovation ETF (ARKK) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)

ARKK

ARK Innovation ETF

ARKK Description

The investment seeks long-term growth of capital. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund currently intends to use only American Depositary Receipts ("ADRs") when purchasing foreign securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$56.21

Average Daily Volume

6,881,833

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description

MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$27.79

Average Daily Volume

6,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKK	MVFD
30 Days	22.84%	5.79%
60 Days	19.75%	6.41%
90 Days	21.56%	8.33%
12 Months	26.83%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARKK	Weight in MVFD	Overlap

ARKK Overweight 32 Positions Relative to MVFD

Symbol	Grade	Weight
TSLA	B	14.91%
COIN	C	9.34%
ROKU	D	9.33%
RBLX	C	6.36%
PLTR	B	5.33%
HOOD	B	4.82%
SHOP	B	4.78%
CRSP	D	4.63%
SQ	B	4.24%
PATH	C	2.68%
META	D	2.42%
PD	C	2.27%
DKNG	B	2.15%
RXRX	F	2.11%
NTLA	F	2.09%
BEAM	D	1.91%
TTD	B	1.89%
TXG	F	1.84%
TWST	D	1.8%
VCYT	B	1.73%
AMZN	C	1.59%
TER	D	1.37%
SOFI	A	1.2%
PINS	D	1.14%
AMD	F	1.13%
NTRA	B	1.12%
ACHR	B	1.07%
ILMN	D	0.87%
PACB	F	0.63%
U	C	0.48%
CERS	C	0.36%
PRME	F	0.14%

ARKK Underweight 39 Positions Relative to MVFD

Symbol	Grade	Weight
MO	A	-3.74%
FOX	A	-3.57%
TGNA	B	-3.47%
FOXA	B	-3.36%
HLNE	B	-3.3%
BKH	A	-3.08%
VOYA	B	-3.0%
JHG	A	-2.92%
MATX	C	-2.88%
ADTN	A	-2.85%
ABM	B	-2.85%
QCOM	F	-2.71%
MLI	C	-2.7%
NYT	C	-2.62%
SR	A	-2.59%
EXPD	D	-2.47%
PM	B	-2.36%
LPX	B	-2.35%
RHI	B	-2.35%
WKC	D	-2.35%
MEI	D	-2.33%
SEM	B	-2.31%
AFL	B	-2.27%
CCK	C	-2.23%
GILD	C	-2.18%
CHRD	D	-2.17%
NTAP	C	-2.14%
CL	D	-2.13%
SSNC	B	-2.12%
AMKR	D	-2.08%
CME	A	-2.07%
WD	D	-2.05%
NRG	B	-2.04%
ALLY	C	-2.04%
TTC	D	-1.93%
EXPI	C	-1.9%
KBH	D	-1.87%
ADM	D	-1.86%
BCO	D	-1.7%