ARKW vs. GFOF ETF Comparison

Comparison of ARK Next Generation Internet ETF (ARKW) to Grayscale Future of Finance ETF (GFOF)

ARKW

ARK Next Generation Internet ETF

ARKW Description

Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW 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 U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.

Grade (RS Rating)

Last Trade

$76.35

Average Daily Volume

230,467

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GFOF

Grayscale Future of Finance ETF

GFOF Description

Grayscale Future of Finance ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Grayscale Advisors, LLC and Vident Investment Advisory, LLC. It It invests in the public equity markets across the globe. The fund seeks to invest in securities of companies operating in the enabling of buying, selling, and transacting in digital assets, the development of the infrastructure to create applications utilizing blockchain technology, the supply of infrastructure around the digital asset ecosystem, and the mining of digital assets. The fund invests in growth and value stocks of companies across all market capitalizations. The fund seeks to track the performance of the Bloomberg Grayscale Future of Finance Index, by using full replication technique. Grayscale Future of Finance ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$15.95

Average Daily Volume

4,727

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKW	GFOF
30 Days	-4.88%	-8.53%
60 Days	-5.28%	-10.55%
90 Days	6.43%	15.52%
12 Months	67.47%	54.91%

3 Overlapping Holdings

Symbol	Grade	Weight in ARKW	Weight in GFOF	Overlap
COIN	D	9.05%	7.39%	7.39%
HOOD	D	4.09%	7.61%	4.09%
SQ	D	7.97%	7.37%	7.37%

ARKW Overweight 34 Positions Relative to GFOF

Symbol	Grade	Weight
ROKU	F	8.46%
TSLA	C	8.07%
RBLX	D	4.7%
U	D	3.75%
PATH	F	3.43%
DKNG	C	2.94%
META	D	2.68%
ZM	F	2.4%
GENI	F	2.3%
PLTR	C	2.27%
NET	C	2.13%
SPOT	B	1.92%
TTD	B	1.92%
SHOP	D	1.77%
PDFS	F	1.62%
CRWD	D	1.55%
PSTG	B	1.44%
TDOC	F	1.3%
PINS	B	1.29%
TOST	C	1.03%
MELI	C	0.99%
NVDA	C	0.96%
MSFT	C	0.96%
NU	C	0.93%
AMD	D	0.88%
VCYT	D	0.79%
TSM	C	0.73%
NOW	D	0.71%
QCOM	C	0.56%
DDOG	A	0.54%
BITO	D	0.43%
VUZI	F	0.26%
RDDT	B	0.02%
TWOU	F	0.01%

ARKW Underweight 10 Positions Relative to GFOF

Symbol	Grade	Weight
PYPL	A	-8.24%
MARA	D	-7.89%
IREN	F	-4.56%
CLSK	B	-4.53%
WULF	C	-4.14%
RIOT	F	-4.09%
CIFR	B	-3.26%
APLD	F	-2.46%
CAN	F	-2.24%
BTBT	F	-1.79%