{
 "ticker": "ARKW",
 "name": "ARK Next Generation Internet ETF",
 "issuer": "ARK",
 "desk": "themes",
 "url": "https://etfiq.com/funds/arkw",
 "html": "https://etfiq.com/funds/arkw",
 "markdown": "https://etfiq.com/funds/arkw.md",
 "as_of": "2026-09-11",
 "verdict": "ARKW holds 44 stocks, and 50% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "49.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ARKW, already in the S&P 500: 49.8%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "80.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ARKW, active share vs the S&P 500: 80.9%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "46.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ARKW, top ten holdings: 46.7%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22122.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "ARKW, total return, 1 year: \u22122.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.8bn",
   "source": "the issuer daily holdings, added up, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "ARKW, net assets: $1.8bn (the issuer daily holdings, added up, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.76%",
   "source": "485BPOS XBRL, Nov 26, 2025",
   "as_of": "2026-09-11",
   "sentence": "ARKW, expense ratio: 0.76% (485BPOS XBRL, Nov 26, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Internet and e-commerce",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 30, 2014",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "49.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "80.9%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "42.1%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "71.5%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "46.7%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "44",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 11, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "TESLA INC 7.7%, ARK BITCOIN ETF HOLDCO (ARKW) 5.4%, ROBINHOOD MARKETS INC - A 5.1%, CIRCLE INTERNET GROUP INC 4.9%, SPACE EXPLORATION TECHN-CL A 4.6%, ADVANCED MICRO DEVICES 4.1%, AMAZON.COM INC 3.8%, BLOCK INC 3.7%, COREWEAVE INC-CL A 3.7%, COINBASE GLOBAL INC -CLASS A 3.7%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.8bn",
   "source": "the issuer daily holdings, added up, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221215.6%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.76%",
   "source": "485BPOS XBRL, Nov 26, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.94%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "ARKK 60%, ARKF 53%, ARKQ 35%, IVES 34%, ALAI 30%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+10.1%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+6.8 pts",
   "Gap to Nasdaq-100": "+10.8 pts"
  },
  {
   "window": "6 months",
   "Total return": "+23.3%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+7.3 pts",
   "Gap to Nasdaq-100": "+2.6 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22122.5%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221220.0 pts",
   "Gap to Nasdaq-100": "\u221225.5 pts"
  },
  {
   "window": "3 years",
   "Total return": "+168.1%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+90.3 pts",
   "Gap to Nasdaq-100": "+73.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+846.4%",
   "S&P 500": "+372.6%",
   "Gap to S&P 500": "+473.8 pts",
   "Gap to Nasdaq-100": "+154.5 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of ARKW is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 11, 2026, 50% of ARKW by weight is stocks the S&P 500 already holds. Its active share against the index is 81%, so that share is the part doing something different."
  },
  {
   "q": "What does ARKW hold?",
   "a": "44 positions as published by its issuer for Sep 11, 2026, with the top ten at 47% of the fund. The largest are TESLA INC at 7.7%, ARK BITCOIN ETF HOLDCO (ARKW) at 5.4%, ROBINHOOD MARKETS INC - A at 5.1%."
  },
  {
   "q": "Has ARKW beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 ARKW returned \u22122.5% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 20.0 points."
  },
  {
   "q": "What does ARKW cost?",
   "a": "The prospectus expense ratio is 0.76% a year. Because 81% of the fund differs from the S&P 500, the fee on that differing part works out at 0.94%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}