OARK, founded on November 22, 2022, by YieldMax, focuses its financial commitment portfolio totally on thematic equity. The ETF aims to supply recent profits and capped gains over the ARK Innovation ETF (ARKK) by using a synthetic covered phone method, backed by money and US Treasurys. It actively manages its holdings, utilizing both equally standardized exchange-traded and FLEX choices.
OARK ETF Fundamentals
Asset Class: Fairness
Cost Ratio: one.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Average Quantity: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Provider: YieldMax
Section: Topic
OARK ETF General performance (2024)
February: -15%
March: -ten%
OARK Issuer
The OARK ETF is actively managed to produce present-day cash flow while tracking the share price returns of ARKK (NYSE Arca: ARKK), with capped probable gains. It maintains publicity to ARKK devoid of adopting short-term defensive positions. The tactic employs a synthetic coated connect with approach to give money and ARKK exposure when restricting potential gains. Toroso Investments, LLC serves because the fund's investment adviser, with ZEGA Monetary, LLC given that the investment decision sub-adviser.
OARK Dividend
Even though not generally centered on dividends, OARK integrates a dividend distribution strategy influenced through the underlying Oakmark Index constituents. Dividends, normally distributed quarterly, align Together with the dividend procedures and performances of portfolio providers, balancing cash appreciation and dividend 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 overall performance, attractive to investors aligned with the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is crucial, mainly because it aims to offer profits although protecting ARKK publicity through a synthetic protected phone method, closely connected to ARKK's efficiency.
OARK Sector Publicity
Principally replicating ARKK's efficiency, OARK concentrates on disruptive innovation across sectors like genomics, automation, and synthetic intelligence. Employing a artificial covered simply call method, it generates income even though participating in ARKK's gains, albeit with specified limitations and pitfalls related to selections trading and market place conditions.
OARK Exposure
OARK's exposure facilities on building present profits while mirroring ARKK's share value returns by way of a artificial protected contact system. It requires obtaining ARKK call alternatives, marketing ARKK place solutions, and buying shorter-term U.S. Treasury securities as collateral, providing a unique earnings-producing strategy with partial participation in ARKK's gains.
OARK, managed by YieldMax, presents a distinctive check here method of thematic fairness financial commitment, concentrating on creating recent cash flow even though tracking the overall performance of ARKK via a artificial lined get in touch with technique. Regardless of its fairly short general performance heritage, OARK gives 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 searching for thematic diversification. Nevertheless, possible buyers must diligently take into account the ETF's expense system, hazards associated with possibilities investing, and prospective 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 equity investing.