OARK, founded on November 22, 2022, by YieldMax, focuses its investment portfolio totally on thematic fairness. The ETF aims to supply present-day money and capped gains on the ARK Innovation ETF (ARKK) by way of a artificial included phone strategy, backed by cash and US Treasurys. It actively manages its holdings, employing equally standardized exchange-traded and FLEX possibilities.
OARK ETF Fundamentals
Asset Class: Fairness
Cost Ratio: one.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Average Volume: 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 create current cash flow whilst monitoring the share price returns of ARKK (NYSE Arca: ARKK), with capped probable gains. It maintains exposure to ARKK without the need of adopting short term defensive positions. The system employs a artificial coated phone method of give income and ARKK exposure even though restricting potential gains. Toroso Investments, LLC serves since the fund's investment adviser, with ZEGA Economic, LLC as being the investment sub-adviser.
OARK Dividend
Although not largely centered on dividends, OARK integrates a dividend distribution tactic affected by the underlying Oakmark Index constituents. Dividends, typically distributed quarterly, align Using the dividend guidelines and performances of portfolio firms, balancing money appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, holding a diversified fairness portfolio mirroring the index's general performance. This strategy aims to seize the index's general performance, appealing to traders aligned With all the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is very important, mainly because it aims to offer cash flow although preserving ARKK publicity by means of a synthetic covered connect with tactic, closely associated with ARKK's effectiveness.
OARK Sector Exposure
Generally replicating ARKK's effectiveness, OARK focuses on disruptive innovation throughout sectors like genomics, automation, and artificial intelligence. Utilizing a synthetic coated contact strategy, it generates income even though participating in ARKK's gains, albeit with specified limits and threats affiliated with solutions investing and marketplace circumstances.
OARK Exposure
OARK's exposure centers on making present profits while mirroring ARKK's share value returns by way of a artificial included get in touch with tactic. It involves getting ARKK phone solutions, promoting ARKK put alternatives, and purchasing small-time period U.S. Treasury securities as collateral, featuring a novel money-generating method with partial participation in ARKK's gains.
OARK, managed by YieldMax, offers a particular approach to thematic equity expense, focusing on building latest cash flow although monitoring the general performance of ARKK by way of a artificial protected simply call system. Irrespective of its rather small effectiveness historical past, OARK provides insights into thematic investing strategies, emphasizing money era and capped gains. With its correlation to ARKK and publicity to disruptive innovation sectors, OARK appeals to traders here looking for thematic diversification. Having said that, possible buyers need to cautiously evaluate the ETF's expenditure technique, challenges connected with solutions trading, and probable limitations on participation in ARKK's upside. OARK stands being a testomony to innovative expenditure methodologies, providing an intriguing option for People navigating the dynamic landscape of thematic fairness investing.