GFOF vs. ARKF ETF Comparison
Comparison of Grayscale Future of Finance ETF (GFOF) to ARK Fintech Innovation ETF (ARKF)
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
$25.61
Average Daily Volume
2,564
14
ARKF
ARK Fintech Innovation ETF
ARKF Description
ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing 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 financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;Grade (RS Rating)
Last Trade
$38.35
Average Daily Volume
407,606
28
Performance
Period | GFOF | ARKF |
---|---|---|
30 Days | 20.90% | 21.48% |
60 Days | 46.04% | 29.87% |
90 Days | 37.52% | 33.16% |
12 Months | 126.31% | 72.13% |
GFOF Underweight 24 Positions Relative to ARKF
Symbol | Grade | Weight | |
---|---|---|---|
SHOP | B | -11.07% | |
TOST | B | -5.09% | |
SOFI | B | -4.78% | |
DKNG | B | -4.25% | |
PLTR | B | -3.34% | |
RBLX | C | -3.28% | |
ROKU | D | -3.27% | |
MELI | C | -3.18% | |
META | D | -2.52% | |
PINS | F | -2.3% | |
PATH | C | -2.25% | |
SE | A | -1.79% | |
NU | C | -1.79% | |
GLBE | B | -1.78% | |
SPOT | B | -1.67% | |
RDDT | A | -1.57% | |
INTU | B | -1.5% | |
BILL | A | -1.48% | |
NVDA | B | -1.32% | |
CRWD | B | -1.31% | |
Z | A | -1.03% | |
ICE | C | -0.96% | |
IBTA | C | -0.56% | |
AMZN | C | -0.43% |
GFOF: Top Represented Industries & Keywords
ARKF: Top Represented Industries & Keywords