OARK, founded on November 22, 2022, by YieldMax, focuses its investment portfolio primarily on thematic fairness. The ETF aims to supply current money and capped gains over the ARK Innovation ETF (ARKK) by means of a artificial included connect with tactic, backed by funds and US Treasurys. It actively manages its holdings, using each standardized Trade-traded and FLEX selections.
OARK ETF Fundamentals
Asset Class: Fairness
Expense Ratio: one.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Normal Volume: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Service provider: YieldMax
Segment: Topic
OARK ETF Effectiveness (2024)
February: -15%
March: -10%
OARK Issuer
The OARK ETF is actively managed to generate present earnings while tracking the share rate returns of ARKK (NYSE Arca: ARKK), with capped likely gains. It maintains publicity to ARKK with no adopting temporary defensive positions. The approach employs a artificial covered phone method of offer cash flow and ARKK publicity while limiting likely gains. Toroso Investments, LLC serves given that the fund's investment decision adviser, with ZEGA Money, LLC given that the investment decision sub-adviser.
OARK Dividend
Even though not generally centered on dividends, OARK integrates a dividend distribution strategy influenced from the underlying Oakmark Index constituents. Dividends, normally distributed quarterly, align With all the dividend procedures and performances of portfolio providers, balancing cash appreciation and dividend check here returns.
OARK Monitoring
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, because it aims to provide profits when keeping ARKK publicity via a artificial covered call strategy, closely connected to ARKK's performance.
OARK Sector Publicity
Principally replicating ARKK's overall performance, OARK focuses on disruptive innovation across sectors like genomics, automation, and artificial intelligence. Employing a artificial coated simply call strategy, it generates revenue although participating in ARKK's gains, albeit with particular restrictions and challenges associated with choices trading and sector circumstances.
OARK Publicity
OARK's publicity centers on creating existing income though mirroring ARKK's share selling price returns by way of a synthetic included connect with system. It includes acquiring ARKK call possibilities, offering ARKK put options, and purchasing short-expression U.S. Treasury securities as collateral, giving a novel profits-building method with partial participation in ARKK's gains.
OARK, managed by YieldMax, presents a distinctive method of thematic fairness financial investment, specializing in making latest profits when tracking the efficiency of ARKK through a artificial protected phone method. Even with its comparatively brief performance record, OARK delivers insights into thematic investing techniques, emphasizing earnings technology and capped gains. With its correlation to ARKK and exposure to disruptive innovation sectors, OARK appeals to traders searching for thematic diversification. Nevertheless, possible investors must cautiously think about the ETF's financial investment approach, risks connected to choices buying and selling, and potential restrictions on participation in ARKK's upside. OARK stands to be a testament to impressive expense methodologies, delivering an intriguing choice for those navigating the dynamic landscape of thematic equity investing.