Our beloved Cathie Wood’s masterpiece, ARKK~!!
It’s a product investing in companies with innovative technologies and business models~
With Tesla’s significant rise, ARKK gained a lot of attention~
Let’s see how it’s doing now~?
Table of Contents
ARKK
ARKK, an ETF investing in innovative companies~
- Manager: ARK
- Market Cap: $5.90B
- Expense Ratio: 0.75%
- Distribution Yield: X
- Current Price: $39.73 (Approx. ₩52,523)
Being an active ETF, it has a slightly higher expense ratio compared to others like ARKG~
No distribution yield, though. Well, if the stock goes up, who needs distributions, right? But still, it’s a bit regrettable, isn’t it? ^^
Portfolio
| Company | Weight |
|---|---|
| Coinbase Global, Inc. Class A | 9.07% |
| Tesla, Inc. | 8.68% |
| Zoom Video Communications, Inc. Class A | 7.96% |
| Roku, Inc. Class A | 7.80% |
| UiPath, Inc. Class A | 7.06% |
| Block, Inc. Class A | 5.02% |
| Roblox Corp. Class A | 4.48% |
| DraftKings, Inc. Class A | 4.22% |
| Twilio, Inc. Class A | 4.07% |
| Unity Software, Inc. | 3.46% |
Coinbase Global, Inc. Class A
A cryptocurrency exchange through blockchain technology~
With the recent surge in Bitcoin, interest in cryptocurrencies is on the rise~
Coinbase also showed positive performance thanks to Bitcoin’s surge~
Surprisingly, Coinbase has the highest weight~ Truly an innovative ETF, right? ^^
High: $429.54 / Low: $31.55
It hit the highest on the first day of listing and dropped alongside Bitcoin’s decline~ It seems to be stabilizing now~
If you believe in the potential of cryptocurrencies, consider keeping an eye on Coinbase~ ^^
Tesla, Inc.
Tesla~!! Not long ago, it had the highest weight in ARKK, but now it’s down to second place^^
A company led by the icon of innovation, Elon Musk~
At first, he seemed a bit… eccentric, but as expected, extraordinary people change the world~
For those who have experienced FSD, they express amazement~ (I’m still waiting for my turn..ㅠ)
In a few years, space travel might be possible~ Starlink is also truly amazing~
There’s even a movie about Elon Musk’s life in the works. Impressive, isn’t it? ^^
High: $414.50 / Low: $101.81
The lowest is based on the past year~ There was a lot of anticipation about whether Tesla would break $100~
It’s currently rebounding from slightly above, showing about a 2x increase from the low of $214.65~
I’m also really curious about what it will be like in the future~
Zoom Video Communications, Inc. Class A
Zoom Video Communications~
During the COVID-19 era, it gained a lot of attention for remote life~
Used extensively in corporate and educational fields~
Now in the era of living with COVID, it’s unclear how much it will grow~
It could be a test of Cathie Wood’s vision~ ^^
High: $588.84 / Low: $58.87
Similarly, the lowest is seen in the past year~ Recently, it showed a low point~
However, without growth prospects… the current low might not be the real low~
Other Significant Holdings
- Roku, Inc. Class A – Streaming broadcast content equipment
- UiPath, Inc. Class A – Research and development of robotic process automation software
- Block, Inc. Class A – U.S. mobile payment company
- Roblox Corp. Class A – Virtual world platform (Metaverse)
- DraftKings, Inc. Class A – U.S. daily fantasy sports contests and sports betting company
- Twilio, Inc. Class A – Leading provider of programmable communication tools (Cloud company)
- Unity Software, Inc. – Game development and 3D implementation platform (Metaverse)
Even the other major holdings are innovative~ ^^
Portfolio consists of 32 stocks, with the top 10 accounting for 61.82%~
Sectors
- Technology Services: 43.85%
- Health Technology: 18.39%
- Consumer Durables: 16.48%
- Finance: 9.07%
- Health Services: 6.17%
- Consumer Services: 4.22%
- Electronic Technology: 1.80%
- Cash and/or Derivatives: 0.02%
Current Price
Highest: $159.70
Lowest: $29.43
Despite vulnerability to rising interest rates, growth stocks like Tesla could exhibit resilience.
Performance Comparison with SPY
Outperforming SPY since November, showcasing a promising trend even during this year’s summer surge.
In summary, today’s exploration delved into ARKK, another innovative ETF from ARK Invest.
The rapid evolution and progress in the world, coupled with the anticipation of more remarkable events tomorrow, make investing in U.S. innovation-focused ETFs a compelling prospect.
Have a wonderful day!