ARKX vs. MPAY ETF Comparison
Comparison of ARK Space Exploration & Innovation ETF (ARKX) to Akros Monthly Payout ETF (MPAY)
ARKX
ARK Space Exploration & Innovation ETF
ARKX Description
The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest 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 Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.
Grade (RS Rating)
Last Trade
$15.66
Average Daily Volume
67,108
27
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.Grade (RS Rating)
Last Trade
$24.44
Average Daily Volume
854
50
Performance
| Period | ARKX | MPAY |
|---|---|---|
| 30 Days | 11.14% | 5.89% |
| 60 Days | 4.89% | 0.54% |
| 90 Days | 6.82% | 7.05% |
| 12 Months | 13.52% | 17.26% |
ARKX Overweight 25 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVAV | A | 9.52% | |
| KTOS | A | 9.14% | |
| IRDM | D | 8.06% | |
| TRMB | D | 6.75% | |
| TER | B | 5.93% | |
| LHX | A | 5.21% | |
| ACHR | F | 3.38% | |
| GRMN | B | 2.95% | |
| DE | D | 2.87% | |
| PATH | D | 2.85% | |
| PRNT | F | 2.83% | |
| BLDE | D | 2.82% | |
| RKLB | D | 2.59% | |
| JOBY | F | 2.13% | |
| GOOG | B | 2.13% | |
| HON | B | 1.49% | |
| HEI | B | 1.43% | |
| SNPS | C | 1.43% | |
| U | F | 1.28% | |
| PLTR | D | 1.27% | |
| MYNA | C | 1.18% | |
| ANSS | D | 1.14% | |
| TDY | D | 1.05% | |
| OSPN | C | 0.59% | |
| DDD | F | 0.4% |
ARKX Underweight 48 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | B | -8.96% | |
| AAPL | B | -7.88% | |
| HD | D | -3.02% | |
| CSCO | F | -2.28% | |
| ACN | F | -2.18% | |
| NKE | F | -2.02% | |
| DELL | C | -2.01% | |
| BKNG | B | -1.98% | |
| UPS | D | -1.95% | |
| IBM | D | -1.93% | |
| MELI | B | -1.86% | |
| USHY | A | -1.84% | |
| TJX | C | -1.84% | |
| CL | B | -1.73% | |
| HCA | C | -1.68% | |
| KMB | C | -1.6% | |
| CDNS | D | -1.58% | |
| DAL | B | -1.57% | |
| SBUX | F | -1.51% | |
| ALL | D | -1.51% | |
| LDOS | A | -1.51% | |
| FDX | D | -1.5% | |
| MMM | B | -1.45% | |
| BAH | B | -1.41% | |
| OTIS | C | -1.41% | |
| NTAP | A | -1.4% | |
| EL | F | -1.39% | |
| HPQ | B | -1.39% | |
| HAL | D | -1.38% | |
| EA | F | -1.38% | |
| WSM | B | -1.37% | |
| LII | B | -1.36% | |
| SYY | D | -1.35% | |
| MTD | B | -1.35% | |
| KEYS | C | -1.35% | |
| EBAY | D | -1.35% | |
| IT | D | -1.33% | |
| FTNT | D | -1.32% | |
| CTSH | F | -1.31% | |
| STLA | D | -1.3% | |
| STLD | D | -1.26% | |
| CLX | F | -1.25% | |
| BBY | D | -1.22% | |
| DKS | D | -1.19% | |
| ALGN | F | -1.17% | |
| JBL | F | -1.16% | |
| BAX | F | -1.15% | |
| ULTA | F | -1.08% |
ARKX: Top Represented Industries & Keywords
MPAY: Top Represented Industries & Keywords
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