OARK, recognized on November 22, 2022, by YieldMax, focuses its expenditure portfolio primarily on thematic equity. The ETF aims to provide current income and capped gains within the ARK Innovation ETF (ARKK) by way of a artificial protected simply call tactic, backed by income and US Treasurys. It actively manages its holdings, utilizing both of those standardized Trade-traded and FLEX selections.
OARK ETF Fundamentals
Asset Class: Fairness
Expense Ratio: one.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Average Quantity: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Provider: YieldMax
Phase: Theme
OARK ETF Efficiency (2024)
February: -fifteen%
March: -ten%
OARK Issuer
The OARK ETF is actively managed to create latest cash flow even though tracking the share price returns of ARKK (NYSE Arca: ARKK), with capped opportunity gains. It maintains exposure to ARKK with out adopting temporary defensive positions. The strategy employs a synthetic protected contact approach to deliver earnings and ARKK exposure when restricting possible gains. Toroso Investments, LLC serves as being the fund's expense adviser, with ZEGA Money, LLC given that the expense 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, usually distributed quarterly, align With all the dividend guidelines and performances of portfolio firms, balancing funds appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, holding a diversified fairness portfolio mirroring the index's performance. This strategy aims to seize the index's general performance, appealing to buyers aligned While using the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is very important, since it aims to supply revenue whilst maintaining ARKK publicity through a synthetic included phone method, closely connected to ARKK's efficiency.
OARK Sector Publicity
Largely replicating ARKK's overall performance, OARK concentrates on disruptive innovation across sectors like genomics, automation, and synthetic intelligence. Utilizing a synthetic included phone technique, it generates profits although taking part in ARKK's gains, albeit with particular limits and dangers associated with possibilities investing and industry disorders.
OARK Exposure
OARK's exposure centers on making present-day revenue when mirroring ARKK's share price returns through a synthetic lined connect with technique. It includes obtaining ARKK call alternatives, marketing ARKK place selections, and buying shorter-time period U.S. Treasury securities as collateral, offering a unique income-generating method with partial participation in ARKK's gains.
OARK, managed by YieldMax, presents a particular method of thematic equity expenditure, concentrating on producing present earnings whilst tracking the efficiency of ARKK through a artificial protected phone method. In spite of its comparatively brief performance record, OARK delivers insights into thematic investing techniques, emphasizing income era and capped gains. With its correlation to ARKK and exposure get more info to disruptive innovation sectors, OARK appeals to traders searching for thematic diversification. However, possible investors need to cautiously evaluate the ETF's expenditure strategy, pitfalls related to selections investing, and likely limits on participation in ARKK's upside. OARK stands as being a testament to impressive expense methodologies, delivering an intriguing selection for These navigating the dynamic landscape of thematic equity investing.