ARKXARK Space Exploration & Innovation ETF
ARKX Fund Description
ARKX actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth.
ARKX Factset Analytics Insight
ARKX is the first actively managed fund that targets the global space exploration and innovation industry. The fund advisor defines ‘space exploration’ as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth, and ‘innovation’ as the introduction of a technologically enabled new product or service that the advisor expects to change an industry landscape. Space exploration-related companies include orbital and suborbital aerospace, enabling technologies, and beneficiaries of aerospace activities, such as agriculture, GPS, and imaging. The fund typically holds a concentrated portfolio of 40 to 55 domestic and foreign securities, selected using a proprietary methodology that combines both ‘top down’ information (economy-wide analysis) and ‘bottom up’ criteria (fundamental and quantitative metrics for individual firms), along with ESG considerations.
ARKX MSCI ESG Analytics Insight
ARK Space Exploration & Innovation ETF has an MSCI ESG Fund Rating of A based on a score of 5.89 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ARK Space Exploration & Innovation ETF ranks in the 43th percentile within its peer group and in the 36th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ARKX MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
ARKX Portfolio Data
ARKX Index Data
ARKX Portfolio Management
ARKX Tax Exposures
ARKX Fund Structure
ARKX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ARKX. ARKX is rated a 4 out of 5.
ARKX Economic Development
ARKX Performance Statistics
ARKX MSCI ESG Ratings
ARKX Benchmark Comparison Summary
ARKX Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.