OARK, set up on November 22, 2022, by YieldMax, focuses its investment portfolio primarily on thematic equity. The ETF aims to provide latest money and capped gains within the ARK Innovation ETF (ARKK) via a synthetic protected call method, backed by money and US Treasurys. It actively manages its holdings, utilizing the two standardized Trade-traded and FLEX alternatives.
OARK ETF Fundamentals
Asset Class: Equity
Cost Ratio: 1.19%
AUM: $0.07B
Inspection Day: November 22, 2022
Average Quantity: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Provider: YieldMax
Section: Concept
OARK ETF Efficiency (2024)
February: -15%
March: -10%
OARK Issuer
The OARK ETF is actively managed to make existing revenue while monitoring the share selling price returns of ARKK (NYSE Arca: ARKK), with capped likely gains. It maintains exposure to ARKK devoid of adopting short term defensive positions. The tactic employs a synthetic protected phone approach to supply profits and ARKK publicity while limiting prospective gains. Toroso Investments, LLC serves given that the fund's expense adviser, with ZEGA Money, LLC because the financial commitment sub-adviser.
OARK Dividend
Whilst not generally focused on dividends, OARK integrates a dividend distribution system motivated via the underlying Oakmark Index constituents. Dividends, normally dispersed quarterly, align Together with the dividend policies and performances of portfolio companies, balancing funds appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, Keeping a diversified equity portfolio mirroring the index's overall performance. This approach aims to capture the index's overall performance, interesting to buyers aligned Along with the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is very important, because it aims to provide earnings though preserving ARKK exposure through a artificial protected connect with strategy, carefully linked to ARKK's performance.
OARK Sector Exposure
Largely replicating ARKK's effectiveness, OARK focuses on disruptive innovation throughout sectors like genomics, automation, and artificial intelligence. Utilizing a artificial covered simply call technique, it generates cash flow while participating in ARKK's gains, albeit with particular constraints and risks associated with solutions investing and market circumstances.
OARK Exposure
OARK's publicity facilities on producing latest income even though mirroring ARKK's share price tag returns by way of a artificial lined phone approach. It consists of acquiring ARKK get in touch with solutions, marketing ARKK set selections, and buying brief-time period U.S. Treasury securities as collateral, providing a unique revenue-generating method with partial participation in ARKK's gains.
OARK, managed by YieldMax, presents a particular method of thematic equity financial commitment, specializing in building present earnings although tracking the general performance of ARKK by way of a artificial lined simply call here system. Despite its somewhat quick performance heritage, OARK provides insights into thematic investing methods, emphasizing profits generation and capped gains. With its correlation to ARKK and exposure to disruptive innovation sectors, OARK appeals to buyers trying to get thematic diversification. On the other hand, potential buyers must diligently look at the ETF's financial commitment method, pitfalls affiliated with choices buying and selling, and likely limits on participation in ARKK's upside. OARK stands to be a testomony to impressive investment methodologies, delivering an intriguing choice for All those navigating the dynamic landscape of thematic fairness investing.