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ARKX - ETF AI Analysis
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ARK Space Exploration & Innovation ETF (ARKX)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Top Holdings Performance
Several top holdings, such as Rocket Lab USA and Kratos Defense, have delivered strong year-to-date gains, contributing positively to the fund’s performance.
Sector Focus on Growth Industries
The ETF is heavily weighted in Industrials and Technology, sectors with high potential for innovation and long-term growth.
Healthy Year-to-Date Performance
The fund has shown strong year-to-date performance, indicating positive momentum in its investments.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.
Over-Concentration in U.S. Market
With over 91% of its geographic exposure in the U.S., the fund has limited diversification across global markets.
Underperforming Holdings
Some holdings, such as Iridium Communications, have lagged in performance, which could weigh on overall returns.
ARKX vs. SPDR S&P 500 ETF (SPY)
AUM635.87M
RegionGlobal
Expense Ratio0.75%
Beta1.38
IssuerARK
Inception DateMar 30, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume844,398
30 Day Avg. Volume468,593
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
35.66Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ARKX Summary
The ARK Space Exploration & Innovation ETF (ARKX) is an investment fund focused on companies involved in space exploration and innovation. It includes businesses working on satellite technology, space tourism, and advanced aerospace systems. Some of its top holdings are Rocket Lab USA and Palantir Technologies, which are known for their cutting-edge contributions to space and technology. Investors might consider ARKX for its potential growth as space exploration becomes a bigger part of the global economy. However, it’s important to note that this ETF is heavily focused on the space and technology sectors, meaning its performance can be volatile and tied to the success of these industries.
How much will it cost me?The ARK Space Exploration & Innovation ETF (ARKX) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This expense ratio is higher than average because the fund is actively managed, focusing on innovative companies in the space exploration sector.
What would affect this ETF?Positive drivers for ARKX include growing global interest in space exploration, advancements in satellite technology, and increased investment in aerospace innovation, which could boost the ETF's holdings like Rocket Lab and AeroVironment. However, potential risks include regulatory hurdles in the space sector, rising interest rates that may impact technology and industrial companies, and economic slowdowns that could reduce funding for space-related projects.
ARKX Top 10 Holdings
The ARK Space Exploration & Innovation ETF (ARKX) is riding high on the strength of Rocket Lab USA, whose rising performance is fueled by strategic contract wins, though profitability concerns linger. Palantir Technologies also adds a boost with its robust U.S. growth and focus on AI, despite its lofty valuation. On the flip side, AeroVironment is lagging, weighed down by financial challenges and bearish momentum, while Archer Aviation struggles with developmental-stage hurdles. With a clear focus on the aerospace and technology sectors, ARKX offers a global mix of innovation-driven names, though its reliance on a few key players adds a layer of concentration risk.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kratos Defense | 9.38% | $59.67M | $17.57B | 254.24% | 60 Neutral | |
| Rocket Lab USA | 9.36% | $59.55M | $44.38B | 208.73% | 57 Neutral | |
| AeroVironment | 8.29% | $52.74M | $17.22B | 109.03% | 52 Neutral | |
| L3Harris Technologies | 8.16% | $51.95M | $60.93B | 56.40% | 70 Neutral | |
| Teradyne | 7.12% | $45.29M | $33.88B | 61.22% | 71 Outperform | |
| Archer Aviation | 5.20% | $33.08M | $6.38B | -2.90% | 49 Neutral | |
| Deere | 5.02% | $31.91M | $135.44B | 22.57% | 66 Neutral | |
| Palantir Technologies | 3.81% | $24.24M | $423.04B | 162.95% | 74 Outperform | |
| Trimble | 3.70% | $23.54M | $18.92B | 13.21% | 74 Outperform | |
| Advanced Micro Devices | 3.51% | $22.33M | $333.23B | 76.39% | 73 Outperform |
ARKX Technical Analysis
Positive
―
Price Trends
28.91
Positive
28.53
Positive
25.19
Positive
Market Momentum
0.95
Negative
71.01
Negative
89.08
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ARKX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.69, equal to the 50-day MA of 28.91, and equal to the 200-day MA of 25.19, indicating a bullish trend. The MACD of 0.95 indicates Negative momentum. The RSI at 71.01 is Negative, neither overbought nor oversold. The STOCH value of 89.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ARKX.
ARKX Peer Comparison
Comparison Results
Performance Comparison
ARKX
ARK Space Exploration & Innovation ETF
32.84
13.64
71.04%
EIPI
FT Energy Income Partners Enhanced Income ETF
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AVRE
Avantis Real Estate ETF
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VGSR
Vert Global Sustainable Real Estate ETF
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BKGI
BNY Mellon Global Infrastructure Income ETF
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DFNL
Davis Select Financial Etf
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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