ARK Innovation ETF (ARKK)
ARKK is an exchange-traded fund (ETF) that is actively managed by ARK Investment Management, a New York-based asset management firm specializing in disruptive innovation and technology. ARKK was launched on October 31, 2014, with an expense ratio of 0.75%.
ARKK aims to provide investors with exposure to a diverse portfolio of companies involved in disruptive innovation, such as those in genomics, energy storage, and robotics. The fund might be suitable for investors looking for a high-growth, high-risk investment strategy and willing to accept the potential for significant volatility in their portfolio.
ARKK uses a bottom-up, research-driven approach to select the underlying holdings for the fund. They seek out companies that have the potential to revolutionize their respective industries and offer long-term growth opportunities.
ETF Info
| ISIN | US00214Q1040 |
|---|---|
| CUSIP | 00214Q104 |
| Issuer | ARK Investment Management |
| Inception Date | Oct 31, 2014 |
| Region | North America (U.S.) |
| Category | Actively Managed, Innovation, Technology Equities |
| Expense Ratio | 0.75% |
| Index Tracked | No Index (Active) |
| ETF Home Page | ark-funds.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Growth |
Trading Data
| Previous Close | $42.85 |
|---|---|
| Year Range | $29.64 - $76.11 |
| EMA (50) | $36.54 |
| EMA (200) | $44.17 |
| Average Volume | $24.70M |
ARKKShare Price Chart
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ARKKPerformance
The chart shows the growth of $10,000 invested in ARK Innovation ETF in Sep 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $23,106 for a total return of roughly 131.06%. All prices are adjusted for splits and dividends.
ARKKCompare to other instruments
Popular comparisons: ARKK vs. SPY, ARKK vs. QQQ, ARKK vs. ARKG, ARKK vs. ARKQ, ARKK vs. TQQQ, ARKK vs. BRK-B, ARKK vs. ARKW, ARKK vs. XLK, ARKK vs. SWPPX, ARKK vs. DIA
ARKKReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | 40.68% | 8.17% |
| YTD | 37.16% | 7.73% |
| 6M | -14.59% | -0.37% |
| 1Y | -41.41% | -9.87% |
| 5Y | 2.70% | 8.42% |
| 10Y | 10.73% | 9.00% |
ARKKMonthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 27.82% | |||||||||||
| 2022 | -7.20% | -9.91% | 1.46% | -2.09% | -16.65% |
ARKKDividend History
ARK Innovation ETF granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.78 | $2.04 | $0.19 | $1.17 | $0.49 | $0.00 | $0.47 |
Dividend yield | 0.00% | 0.00% | 0.83% | 1.66% | 0.39% | 3.23% | 1.40% | 0.00% | 2.44% |
ARKKMonthly Dividends
The table displays the monthly dividend distributions for ARK Innovation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | |||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.47 |
ARKKDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
ARKKWorst Drawdowns
The table below shows the maximum drawdowns of the ARK Innovation ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the ARK Innovation ETF is 80.91%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -80.91% | Feb 16, 2021 | 472 | Dec 28, 2022 | — | — | — |
| -42.54% | Feb 20, 2020 | 20 | Mar 18, 2020 | 44 | May 20, 2020 | 64 |
| -32.03% | Apr 28, 2015 | 201 | Feb 11, 2016 | 148 | Sep 22, 2016 | 349 |
| -28.89% | Sep 4, 2018 | 78 | Dec 24, 2018 | 68 | Apr 3, 2019 | 146 |
| -18.63% | Jul 25, 2019 | 53 | Oct 8, 2019 | 35 | Nov 26, 2019 | 88 |
| -18.05% | Apr 11, 2019 | 36 | Jun 3, 2019 | 36 | Jul 24, 2019 | 72 |
| -15.94% | Mar 13, 2018 | 14 | Apr 2, 2018 | 45 | Jun 5, 2018 | 59 |
| -14.51% | Sep 2, 2020 | 4 | Sep 8, 2020 | 21 | Oct 7, 2020 | 25 |
| -14.26% | Oct 6, 2016 | 21 | Nov 3, 2016 | 60 | Feb 2, 2017 | 81 |
| -13.39% | Oct 14, 2020 | 13 | Oct 30, 2020 | 15 | Nov 20, 2020 | 28 |
ARKKVolatility Chart
Current ARK Innovation ETF volatility is 63.33%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.