ARKX

ARK Space Exploration & Innovation ETF

$27.64

+0.00%

Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The ARK Space Exploration & Innovation ETF (ARKX) seeks to invest in companies that are expected to benefit from the development of new products or services, technological improvements, and advancements in space exploration and innovation.

Overview

ETF tracking ARK Space Exploration & Innovation ETF

Category Innovation

Issuer ARK Invest

Inception Date 2021-03-30

Market Cap $428.3M

Average Volume N/A

Dividend Yield N/A

52-Week Range $16.01 - $31.93

VWAP $27.62

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in domestic and foreign equity securities of companies that are engaged in space exploration and innovation, including those involved in orbital and suborbital spaceflight, rocket and satellite manufacturing, space-based telecommunications, and other related activities. The fund uses an active management strategy to select investments.

✨ Key Features

Focuses on companies involved in the space industry, including space exploration, satellite technology, and related innovations
Actively managed fund that seeks to identify companies positioned to benefit from advancements in space-related technologies
Diversified portfolio across different sub-sectors of the space industry
Relatively new fund with limited performance history

⚠️ Primary Risks

Investing in a relatively narrow industry sector, which can increase volatility
Exposure to the risks associated with the space industry, including technological challenges, regulatory changes, and competition
Potential for higher than average risk and volatility compared to broader market indexes
Limited performance history, making it difficult to evaluate the fund's long-term potential

👤 Best For

The ARK Space Exploration & Innovation ETF may be suitable for investors with a long-term investment horizon, a higher risk tolerance, and an interest in gaining exposure to the growing space industry and related technological innovations. This fund may be most appropriate as a small allocation within a diversified portfolio.