OARK, established on November 22, 2022, by YieldMax, focuses its expense portfolio primarily on thematic fairness. The ETF aims to provide present-day income and capped gains around the ARK Innovation ETF (ARKK) by way of a artificial protected simply call tactic, backed by cash and US Treasurys. It actively manages its holdings, employing both equally standardized exchange-traded and FLEX solutions.
OARK ETF Fundamentals
Asset Course: Equity
Expense Ratio: one.19%
AUM: $0.07B
Inspection Day: November 22, 2022
Normal Volume: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Company: YieldMax
Segment: Topic
OARK ETF Functionality (2024)
February: -15%
March: -10%
OARK Issuer
The OARK ETF is actively managed to generate recent earnings though tracking the share rate returns of ARKK (NYSE Arca: ARKK), with capped probable gains. It maintains publicity to ARKK without the need of adopting short term defensive positions. The strategy employs a synthetic protected contact approach to deliver revenue and ARKK publicity though limiting prospective gains. Toroso Investments, LLC serves given that the fund's investment decision adviser, with ZEGA Money, LLC as the investment decision sub-adviser.
OARK Dividend
When not generally centered on dividends, OARK integrates a dividend distribution technique influenced through the underlying Oakmark Index constituents. Dividends, generally distributed quarterly, align Together with the dividend procedures and performances of portfolio providers, balancing cash appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, Keeping a diversified fairness more info portfolio mirroring the index's effectiveness. This tactic aims to seize the index's functionality, appealing to traders aligned Along with the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is critical, since it aims to offer cash flow even though preserving ARKK exposure by using a synthetic covered call system, carefully linked to ARKK's general performance.
OARK Sector Exposure
Primarily replicating ARKK's general performance, OARK focuses on disruptive innovation throughout sectors like genomics, automation, and artificial intelligence. Utilizing a synthetic protected get in touch with system, it generates cash flow when participating in ARKK's gains, albeit with sure restrictions and threats linked to options buying and selling and sector situations.
OARK Publicity
OARK's publicity facilities on producing latest income although mirroring ARKK's share rate returns through a synthetic coated simply call system. It requires obtaining ARKK connect with choices, marketing ARKK place selections, and buying short-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 method of thematic fairness financial commitment, specializing in making recent profits when tracking the efficiency of ARKK through a artificial protected phone approach. Even with its comparatively quick overall performance history, OARK features insights into thematic investing methods, emphasizing revenue era and capped gains. With its correlation to ARKK and publicity to disruptive innovation sectors, OARK appeals to traders searching for thematic diversification. Nonetheless, future investors should really thoroughly think about the ETF's investment tactic, dangers affiliated with alternatives investing, and possible 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.