ARKX vs. PPA ETF Comparison
Comparison of ARK Space Exploration & Innovation ETF (ARKX) to PowerShares Aerospace & Defense (PPA)
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
$18.51
Average Daily Volume
68,559
25
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$119.55
Average Daily Volume
185,461
48
Performance
| Period | ARKX | PPA |
|---|---|---|
| 30 Days | 11.51% | 1.92% |
| 60 Days | 19.11% | 5.31% |
| 90 Days | 20.66% | 7.32% |
| 12 Months | 31.44% | 38.04% |
10 Overlapping Holdings
ARKX Underweight 38 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| RTX | D | -7.09% | |
| GE | D | -6.71% | |
| BA | F | -6.23% | |
| NOC | D | -5.36% | |
| GD | D | -4.93% | |
| HWM | A | -4.44% | |
| AXON | A | -4.43% | |
| PH | A | -4.28% | |
| TDG | D | -3.35% | |
| ETN | A | -3.16% | |
| LDOS | C | -2.05% | |
| BAH | F | -1.92% | |
| APH | A | -1.91% | |
| TXT | D | -1.74% | |
| CW | C | -1.37% | |
| BWXT | B | -1.36% | |
| CACI | D | -1.26% | |
| HII | F | -1.07% | |
| WWD | C | -0.92% | |
| KBR | F | -0.88% | |
| ATI | C | -0.81% | |
| SAIC | F | -0.71% | |
| HXL | F | -0.66% | |
| MOG.A | B | -0.66% | |
| KEYS | A | -0.62% | |
| PSN | D | -0.61% | |
| SPR | D | -0.51% | |
| AIR | B | -0.35% | |
| MRCY | C | -0.35% | |
| OSK | C | -0.29% | |
| OSIS | A | -0.27% | |
| TGI | B | -0.2% | |
| B | A | -0.19% | |
| CDRE | F | -0.16% | |
| TTMI | C | -0.16% | |
| DCO | C | -0.14% | |
| AI | B | -0.13% | |
| VSAT | F | -0.1% |
ARKX: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
Compare ETFs
