OARK, proven on November 22, 2022, by YieldMax, focuses its expense portfolio primarily on thematic equity. The ETF aims to supply latest money and capped gains around the ARK Innovation ETF (ARKK) by way of a artificial protected connect with tactic, backed by dollars and US Treasurys. It actively manages its holdings, making use of each standardized Trade-traded and FLEX selections.
OARK ETF Fundamentals
Asset Class: Fairness
Cost Ratio: one.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Average Volume: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Service provider: YieldMax
Segment: Concept
OARK ETF Effectiveness (2024)
February: -fifteen%
March: -10%
OARK Issuer
The OARK ETF is actively managed to make present cash flow even though tracking the share price tag returns of ARKK (NYSE Arca: ARKK), with capped opportunity gains. It maintains publicity to ARKK devoid of adopting non permanent defensive positions. The tactic employs a artificial coated phone method of provide cash flow and ARKK publicity though limiting potential gains. Toroso Investments, LLC serves since the fund's expense adviser, with ZEGA Money, LLC as the expense sub-adviser.
OARK Dividend
When not primarily focused on dividends, OARK integrates a dividend distribution approach motivated via the underlying Oakmark Index constituents. Dividends, ordinarily distributed quarterly, align Along with the dividend guidelines and performances of portfolio firms, balancing funds appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, holding a diversified equity portfolio mirroring the index's overall performance. This method aims to capture the index's performance, attractive to buyers aligned While using the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is very important, mainly because it aims to offer cash flow although sustaining ARKK publicity by means of a synthetic protected contact strategy, intently linked to ARKK's performance.
OARK Sector Publicity
Mostly replicating ARKK's performance, OARK concentrates on disruptive innovation across sectors like genomics, automation, and artificial intelligence. Using a artificial lined contact system, it generates cash flow while participating in ARKK's gains, albeit with certain limits and challenges affiliated with options buying and selling and current market situations.
OARK Publicity
OARK's exposure centers on producing latest cash flow while mirroring ARKK's share cost returns via a synthetic protected contact method. It consists of acquiring ARKK contact solutions, selling ARKK put options, and buying shorter-time period U.S. Treasury securities as collateral, offering a novel money-generating solution with partial participation in ARKK's gains.
OARK, managed by YieldMax, offers a distinctive approach to thematic fairness expense, specializing in making present money when monitoring the overall performance of ARKK via a artificial coated get in touch with technique. Regardless of its somewhat small overall performance history, OARK provides website insights into thematic investing methods, emphasizing income era and capped gains. With its correlation to ARKK and exposure to disruptive innovation sectors, OARK appeals to traders in search of thematic diversification. However, possible investors should thoroughly think about the ETF's investment strategy, threats affiliated with selections investing, and possible constraints on participation in ARKK's upside. OARK stands as a testament to impressive expense methodologies, delivering an intriguing selection for These navigating the dynamic landscape of thematic fairness investing.