ARKQ vs. BERZ ETF Comparison

Comparison of ARK Autonomous Technology & Robotics ETF (ARKQ) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)

ARKQ

ARK Autonomous Technology & Robotics ETF

ARKQ Description

Companies within ARK Autonomous Technology & Robotics ETF are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation. These companies may develop, produce, or enable: Autonomous Transportation Robotics and Automation 3D Printing Energy Storage Space Exploration ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation.

Grade (RS Rating)

Last Trade

$71.69

Average Daily Volume

76,579

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$14.22

Average Daily Volume

107,368

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKQ	BERZ
30 Days	11.46%	-12.61%
60 Days	20.56%	-22.84%
90 Days	26.32%	-29.01%
12 Months	34.27%	-70.12%

4 Overlapping Holdings

Symbol	Grade	Weight in ARKQ	Weight in BERZ	Overlap
AMD	F	1.96%	6.67%	1.96%
AMZN	B	1.68%	6.67%	1.68%
NVDA	A	2.13%	6.67%	2.13%
TSLA	B	15.91%	6.67%	6.67%

ARKQ Overweight 26 Positions Relative to BERZ

Symbol	Grade	Weight
KTOS	C	9.33%
TER	F	7.31%
RKLB	B	6.43%
IRDM	F	5.44%
TRMB	B	4.8%
AVAV	C	4.31%
PLTR	B	3.56%
PATH	C	3.26%
ACHR	B	2.95%
DE	C	2.8%
TSM	C	2.72%
BLDE	D	2.14%
GOOG	B	1.99%
JOBY	B	1.42%
SNPS	C	1.28%
AUR	C	1.27%
TDY	B	1.27%
OKLO	C	1.2%
QCOM	F	1.19%
ISRG	A	1.19%
LMT	D	1.07%
CAT	C	0.96%
DDD	C	0.93%
BWXT	B	0.92%
ANSS	B	0.74%
MTLS	B	0.0%

ARKQ Underweight 11 Positions Relative to BERZ

Symbol	Grade	Weight
CRM	B	-6.67%
PANW	A	-6.67%
NFLX	A	-6.67%
MU	D	-6.67%
INTC	C	-6.67%
GOOGL	B	-6.67%
AVGO	D	-6.67%
ADBE	D	-6.67%
AAPL	C	-6.67%
MSFT	D	-6.67%
META	C	-6.67%