ARKF
ARK Fintech Innovation ETF
ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing in companies engaged in financial technology innovation.
Global
EQUITY
Active
MANAGEMENT STYLE
894.5 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | ARK |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 01, 2019 |
| Assets (mns) | $895 |
| Expense ratio | 75 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ARK BITCOIN ETF HOLDCO (ARKF) | 12.1 % |
| SHOPIFY, INC. CLASS A | 9.1 % |
| COINBASE GLOBAL, INC. CLASS A | 8.2 % |
| ROBINHOOD MARKETS, INC. CLASS A | 6.3 % |
| TOAST, INC. CLASS A | 5.3 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 4.9 % |
| ROBLOX CORP. CLASS A | 4.5 % |
| BLOCK INC. | 4.5 % |
| MERCADOLIBRE INC | 3.9 % |
| ADYEN NV | 3.7 % |
Constituent Breakdown
| Number of holdings | 36 |
| Herfindahl-Hirschman Index | 503 |
| Wgt avg mkt cap (mns) | $156,183 |
| Large cap (>$10bn) | 88.8% |
| Mid cap ($2-10bn) | 10.2% |
| Small cap (<$2bn) | 1.0% |
| Developed mkts. | 92.8% |
| Emerging mkts. | 7.2% |
Country Exposure
 |
UNITED STATES | 58.5 % |
 |
CANADA | 9.1 % |
 |
ARGENTINA | 3.9 % |
 |
NETHERLANDS | 3.7 % |
 |
SINGAPORE | 2.4 % |
 |
LUXEMBOURG | 2.2 % |
 |
JAPAN | 2.0 % |
 |
CAYMAN ISLANDS | 1.7 % |
 |
ISRAEL | 1.6 % |
 |
SOUTH AFRICA | 1.6 % |
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.8% | 32.7% | 45.5% | 7.9% | 9.1% | -- | -- | 10.8% |
| Dividend Yield | -13.0% | -23.1% | -16.2% | -5.2% | 0.1% | -- | -- | -3.9% |
| Total Returns | -10.2% | 9.7% | 29.3% | 2.7% | 9.1% | -- | -- | 7.0% | Ann. Volatility | 34.2% | 30.6% | 32.0% | 45.8% | 43.6% | -- | -- | 40.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.19 | 68% |
| MSCI EAFE | 1.64 | 37% |
| MSCI Emg Mkts | 1.40 | 27% |
Liquidity Measures
| Avg. volume (000) | 383 |
| Turnover | 1.5% |
| Avg. Bid/Ask (% of price) | 0.05% |
| ADV of underlying (mns) | $41,689 |
Technical Indicators
| Recent close | $35.53 |
| 30d moving avg. | $33.63 |
| Annualized volatility | 46.6% |
| Relative strength (RSI) | 44 |
| Short interest (ETF) | 2.5% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ARKF |
Expenses vs. ARKF |
ALTAR Score™ vs. ARKF |
|---|---|---|---|---|
| ARKW | ARK Next Generation Internet ETF | 47.5% | +12 bp | -0.5% |
| ARKK | ARK Innovation ETF | 40.1% | 0 bp | -3.1% |
| BWEB | Bitwise Web3 ETF | 31.4% | +10 bp | +0.7% |
| AOTG | AOT Growth and Innovation ETF | 24.9% | 0 bp | +2.8% |
| BUYZ | Franklin Disruptive Commerce ETF | 23.9% | -25 bp | +2.9% |
| FINX | Global X FinTech ETF | 23.6% | -7 bp | +3.0% |
| BLOK | Amplify Transformational Data Sharing ETF | 23.0% | 0 bp | +0.8% |
| PNQI | Invesco NASDAQ Internet ETF | 20.6% | -15 bp | +4.0% |
| FDTX | Fidelity Disruptive Technology ETF | 20.1% | -25 bp | +3.4% |
| ISHP | First Trust Nasdaq Retail ETF | 19.7% | -15 bp | +6.1% |
Risk and Returns: ARKF vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/24/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ARKF
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
ARKF
-0.3%
Cat. Avg
5.2%
ALTAR Score™ Calculation
Category Overview
There are 360 funds in the Global Equity category, with an average ALTAR Score™
of 5.2% and a standard deviation of
3.5%. ARKF's ALTAR Score™ is approximately
1.6 standard deviations
below
the category average. This places ARKF in the 6th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ARKFSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| ARKF (75 bp) Percentile rank | 55 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ARKF | 75.0 | 5.1 | 80.1 |
| Peer Avg. | 72.5 | 36.5 | 109.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .