ARK Genomic Revolution Multi-Sector ETF
ALTAR
Score™
0.0% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
-16.7x P/Sales
ratio
14.3x
P/BV
ratio
24.8x Div.
yield
0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ARK Genomic Revolution Multi-Sector ETF is an actively-managed exchange-traded fund incorporated in the USA. The Fund will invest in companies across multiple sectors, including healthcare, information technology, materials, energy and consumer discretionary, that are relevant to genomics revolution.

FUND BASICS
Category Global Equities
Fund Sponsor ARK Investment Management LLC
Website www.ark-funds.com
Inception date Oct 30, 2014
Assets (mns) $1,346
Currency USD
Expense ratio 75 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Proprietary
Index replication N/A
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 38
Wgt avg mkt cap (mns) $6,395
Large cap (>$10bn) 11.0%
Mid cap ($2-10bn) 36.6%
Small cap (<$2bn) 52.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
INVITAE CORP. 11.9 %
CRISPR THERAPEUTICS AG 9.8 %
ILLUMINA INC 7.0 %
ALCOBRA LTD 6.8 %
COMPUGEN LTD 5.8 %
INTELLIA THERAPEUTICS, INC. 4.0 %
CAREDX, INC. 3.4 %
TWIST BIOSCIENCE CORP. 3.4 %
EDITAS MEDICINE, INC. 3.3 %
CELLECTIS SA SPONSORED ADR 3.2 %
Total 58.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 75.9 %
SWITZERLAND 10.2 %
ISRAEL 5.5 %
FRANCE 3.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
55.6% 56.1% 19.2% -- 19.7%

Market Correlations
versus... Beta R-squared
S&P500 1.64 57%
MSCI EAFE 1.35 34%
MSCI Emg. Mkts. 1.08 34%

Technical Indicators
Recent close $53.19
30d moving avg. $47.84
Annualized volatility 36.8%
Short interest (ETF) 0.0%
Short interest (Underlying) 7.3%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 616
Turnover 2.4%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $3,662

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the ARK Genomic Revolution Multi-Sector ETF ETF based on the alternatives' overlap in portfolio holdings with ARKG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ARKG Expense: 75 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ARKG
Ticker Fund
Name
Overlap1
vs ARKG
(%)
Expense
ratio
(bp)
Savings
vs ARKG
(bp)
ALTAR
Score™
(%)
ALTAR
vs ARKG
(%)
ARKK ARK Innovation ETF 38.4 75 0 -3.0 -3.0
GNOM Global X Genomics & Biotechnology ETF 23.9 68 7 -3.9 -3.9
HELX Franklin Genomic Advancements ETF 22.5 50 25 -1.8 -1.8
IDNA iShares Genomics Immunology & Healthcare ETF 18.8 47 28 -3.0 -3.0
CNCR Loncar Cancer Immunotherapy ETF 16.1 79 -4 -2.9 -2.9
HTEC ROBO Global Healthcare Technology & Innovation ETF 14.8 68 7 0.2 +0.2
IBB iShares NASDAQ Biotechnology ETF 13.3 47 28 0.2 +0.2
XBI SPDR S&P BIOTECH ETF 11.5 35 40 -2.5 -2.5
BBH VanEck Vectors Biotech ETF 11.4 35 40 3.8 +3.8
BTEC Principal Healthcare Innovators Index ETF 11.0 42 33 -2.4 -2.4
PBE Invesco Dynamic Biotechnology & Genome ETF 9.3 57 18 -1.8 -1.8
GDNA Goldman Sachs Motif Human Evolution ETF 7.7 50 25 0.3 +0.3
FBT First Trust NYSE Arca Biotechnology Index Fund 7.7 55 20 -0.9 -0.9
NIFE Direxion Fallen Knives ETF 5.7 50 25 2.4 +2.4
BBC Virtus LifeSci Biotech Clinical Trials ETF 5.5 79 -4 -1.4 -1.4
THNQ ROBO Global Artificial Intelligence ETF 4.9 68 7 1.9 +1.9
ARKW ARK Web x.0 ETF 4.9 76 -1 -0.8 -0.8
GERM ETFMG Treatments Testing and Advancements ETF 4.4 68 7 -3.1 -3.1
FXH First Trust Health Care AlphaDEX Fund 3.6 62 13 4.4 +4.4
PTH Invesco DWA Healthcare Momentum ETF 3.6 60 15 -2.4 -2.4
DWAS Invesco DWA SmallCap Momentum ETF 3.6 60 15 -1.1 -1.1
RYH Invesco S&P 500 Equal Weight Health Care ETF 3.5 40 35 6.6 +6.6
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.4 60 15 3.7 +3.7
AIEQ AI Powered Equity ETF 3.3 87 -12 3.7 +3.7
IPO Renaissance IPO ETF 3.3 60 15 24.2 +24.2
IEHS iShares Evolved U.S. Healthcare Staples ETF 3.2 18 57 5.7 +5.7
IEIH iShares Evolved U.S. Innovative Healthcare ETF 3.2 18 57 2.9 +2.9
FYC First Trust Small Cap Growth AlphaDEX Fund 3.0 70 5 2.5 +2.5
SBIO ALPS Medical Breakthroughs ETF 2.9 50 25 -1.9 -1.9
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 2.9 125 -50 -3.4 -3.4
FHLC Fidelity MSCI Health Care Index ETF 2.9 8 67 5.5 +5.5
VHT Vanguard Health Care Index Fund 2.8 10 65 5.5 +5.5
LRNZ TrueMark Technology, AI & Deep Learning ETF 2.8 68 7 0.8 +0.8
IWO iShares Russell 2000 Growth ETF 2.8 24 51 0.8 +0.8
VTWG Vanguard Russell 2000 Growth Index Fund 2.7 15 60 0.8 +0.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.6 70 5 2.1 +2.1
IWC iShares Micro-Cap ETF 2.6 60 15 -3.9 -3.9
XTH SPDR S&P Technology Hardware ETF 2.5 0 75 0.0 0.0
JHMH John Hancock Multifactor Healthcare ETF 2.5 40 35 6.1 +6.1
IZRL ARK Israel Innovative Technology ETF 2.5 49 26 0.4 +0.4
LNGR Global X Longevity Thematic ETF 2.5 50 25 3.1 +3.1
XHS SPDR S&P Health Care Services ETF 2.4 35 40 4.4 +4.4
IYH iShares U.S. Healthcare ETF 2.4 43 32 6.2 +6.2
JKK iShares Morningstar Small-Cap Growth ETF 2.3 30 45 1.1 +1.1
JKE iShares Morningstar Large-Cap Growth ETF 2.2 25 50 2.9 +2.9
BIBL Inspire ETF 2.0 35 40 4.9 +4.9
MFMS Motley Fool Small-Cap Growth ETF 2.0 85 -10 -1.9 -1.9
JKH iShares Morningstar Mid-Cap Growth ETF 2.0 30 45 2.3 +2.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.0 59 16 4.2 +4.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.0 35 40 4.5 +4.5
FTCS First Trust Capital Strength ETF 2.0 58 17 5.0 +5.0
RBUS Nationwide Risk-Based U.S. Equity ETF 2.0 30 45 5.1 +5.1
IHF iShares U.S. Healthcare Providers ETF 2.0 43 32 7.7 +7.7
XLV Health Care Select Sector SPDR Fund 1.9 13 62 7.1 +7.1
IWM iShares Russell 2000 ETF 1.9 19 56 3.7 +3.7
KOMP SPDR Kensho New Economies Composite ETF 1.9 20 55 2.6 +2.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.9 65 10 3.9 +3.9
VTWO Vanguard Russell 2000 Index Fund 1.9 10 65 3.7 +3.7
SKYY First Trust Cloud Computing ETF 1.9 60 15 2.2 +2.2
VFMO Vanguard U.S. Momentum Factor ETF 1.8 13 62 1.2 +1.2
VBK Vanguard Small-Cap Growth Index Fund 1.8 7 68 2.5 +2.5
ITEQ BlueStar Israel Technology ETF 1.8 75 0 1.9 +1.9
CACG ClearBridge All Cap Growth ETF 1.8 54 21 4.4 +4.4
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.8 60 15 6.3 +6.3
SCHA Schwab U.S. Small-Cap ETF 1.7 4 71 4.8 +4.8
BOSS Global X Founder-Run Companies ETF 1.7 45 30 3.7 +3.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.7 66 9 2.5 +2.5
RPG Invesco S&P 500 Pure Growth ETF 1.7 35 40 4.5 +4.5
ROBO Robo Global Robotics & Automation Index ETF 1.6 95 -20 3.6 +3.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.5 30 45 5.8 +5.8
XHE SPDR S&P Health Care Equipment ETF 1.5 35 40 1.7 +1.7
XT iShares Exponential Technologies ETF 1.5 47 28 5.2 +5.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.4 7 68 5.5 +5.5
BKSE BNY Mellon US Small Cap Core Equity ETF 1.4 4 71 5.8 +5.8
FYX First Trust Small Cap Core AlphaDEX Fund 1.3 63 12 6.7 +6.7
IXJ iShares Global Healthcare ETF 1.3 46 29 6.3 +6.3
FNX First Trust Mid Cap Core AlphaDEX Fund 1.2 61 14 6.5 +6.5
IFLY ETFMG Drone Economy Strategy ETF 1.2 68 7 2.0 +2.0
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.2 6 69 5.4 +5.4
JHSC John Hancock Multifactor Small Cap ETF 1.2 42 33 6.0 +6.0
SYE SPDR MFS Systematic Core Equity ETF 1.2 60 15 5.7 +5.7
ETHO Etho Climate Leadership U.S. ETF 1.2 47 28 4.4 +4.4
DEF Invesco Defensive Equity ETF 1.1 55 20 5.2 +5.2
MXDU Nationwide Maximum Diversification US Core Equity ETF 1.1 34 41 5.0 +5.0
SYG SPDR MFS Systematic Growth Equity ETF 1.1 60 15 4.3 +4.3
SLT Salt TruBeta High Exposure ETF 1.1 29 46 9.6 +9.6
IWP iShares Russell Mid-Cap Growth ETF 1.1 24 51 4.2 +4.2
VB Vanguard Small-Cap ETF 1.1 5 70 5.4 +5.4
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 1.1 59 16 3.7 +3.7
VXF Vanguard Extended Market Index Fund 1.1 7 68 3.8 +3.8
AFSM First Trust Active Factor Small Cap ETF 1.0 75 0 5.8 +5.8
CSML IQ Chaikin U.S. Small Cap ETF 1.0 35 40 4.2 +4.2
SPHQ Invesco S&P 500 Quality ETF 1.0 15 60 4.7 +4.7
PEXL Pacer US Export Leaders ETF 1.0 60 15 6.2 +6.2
JQUA JPMorgan U.S. Quality Factor ETF 1.0 12 63 5.3 +5.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.0 17 58 5.2 +5.2
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 1.0 25 50 6.0 +6.0
SCHM Schwab U.S. Mid-Cap ETF 0.9 4 71 6.3 +6.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 55 6.1 +6.1
RYJ Invesco Raymond James SB-1 Equity ETF 0.9 82 -7 3.5 +3.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
ARK Genomic Revolution Multi-Sector ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -78.9 %
Divided by: Fwd. P/BV -42.8 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.27 CATEGORY
AVERAGE
1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.