OARK, founded on November 22, 2022, by YieldMax, focuses its investment portfolio totally on thematic fairness. The ETF aims to offer recent earnings and capped gains to the ARK Innovation ETF (ARKK) by way of a artificial protected connect with tactic, backed by funds and US Treasurys. It actively manages its holdings, using both standardized Trade-traded and FLEX solutions.
OARK ETF Fundamentals
Asset Class: Fairness
Price Ratio: 1.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Typical Quantity: 0.11M
Domicile: US
ISIN: US88634T6001
ETF Provider: YieldMax
Section: Theme
OARK ETF General performance (2024)
February: -15%
March: -ten%
OARK Issuer
The OARK ETF is actively managed to produce current money even though tracking the share selling price returns of ARKK (NYSE Arca: ARKK), with capped likely gains. It maintains exposure to ARKK without adopting momentary defensive positions. The technique employs a artificial coated simply call approach to supply money and ARKK publicity whilst limiting probable gains. Toroso Investments, LLC serves as the fund's expense adviser, with ZEGA Economic, LLC as the expenditure sub-adviser.
OARK Dividend
When not primarily 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 corporations, balancing capital appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, Keeping a diversified fairness portfolio mirroring the index's effectiveness. This tactic aims to seize the index's functionality, desirable to traders aligned With all the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is vital, as it aims to deliver profits even though keeping ARKK exposure by means of a synthetic covered connect with approach, closely associated with ARKK's functionality.
OARK Sector Exposure
Principally replicating ARKK's functionality, OARK concentrates on disruptive innovation across sectors like genomics, automation, and synthetic intelligence. Employing a artificial covered simply call method, it generates money even though participating in ARKK's gains, albeit with specified limits and pitfalls associated with selections investing and industry disorders.
OARK Exposure
OARK's exposure centers on making current revenue when mirroring ARKK's share price returns through a synthetic lined simply call strategy. It requires obtaining ARKK connect with choices, providing ARKK put choices, and purchasing limited-expression U.S. Treasury securities as collateral, presenting a singular cash flow-making tactic with partial participation in ARKK's gains.
OARK, managed by YieldMax, provides a distinctive approach to thematic fairness investment, specializing in building present-day profits although tracking the efficiency of ARKK via a artificial lined get in touch with technique. Regardless of its relatively shorter functionality background, OARK offers insights into thematic investing tactics, emphasizing revenue era and capped gains. With its correlation to ARKK and exposure to disruptive innovation sectors, OARK appeals read more to investors in search of thematic diversification. However, potential traders must thoroughly take into account the ETF's financial investment method, threats linked to selections investing, and likely restrictions on participation in ARKK's upside. OARK stands to be a testomony to innovative expense methodologies, delivering an intriguing choice for All those navigating the dynamic landscape of thematic equity investing.