ARKW — ARK Next Generation Internet ETF

ARKW Price Performance — Growth of $10,000

Value of a $10,000 investment in ARKW over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

ARKW Drawdown

The "underwater" chart: ARKW's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The ARK Next Generation Internet ETF (ARKW) is a Thematic fund issued by ARK ETF Trust that currently holds $1.67 billion in assets under management. Tracked across 17 ETFs in its category, the fund carries an overall rank of #431 out of 458 tracked ETFs and has received an ETFValuer grade of D with a score of 35.7 out of 100. Investors face an expense ratio of 0.76% while the fund offers a dividend yield of 1.62%. The current share price stands at $136.74, reflecting the market valuation of the fund's holdings. Despite the substantial asset base, the low overall rank and grade suggest limited investor adoption relative to the broader universe of 458 funds. The combination of a high expense ratio and a D grade indicates a cost structure that may challenge performance relative to lower-cost alternatives in the Thematic space.

Short-term performance shows negative momentum with a one-day return of -1.24% and a one-week decline of -3.54%. The one-month return remains negative at -1.26%, though the three-month period shows a slight recovery to +0.01%. Medium-term trends turn negative again with a six-month return of -6.05% and a year-to-date decline of -8.30%. The one-year return is recorded at -11.87%, indicating a significant drop over the last twelve months. In contrast, the three-year return demonstrates strong historical growth of +106.29%, creating a sharp divergence between recent short-term results and long-term gains. This pattern suggests a recent deceleration in performance that contrasts with the substantial appreciation seen over the longer three-year horizon.

The fund is assigned a Very High volatility label and carries a beta of 2.34, indicating that its price movements are significantly more sensitive to market fluctuations than the broader market. A Sharpe ratio of -0.50 reflects a negative risk-adjusted return, suggesting that the fund has not generated sufficient excess return to compensate for the volatility incurred. The maximum drawdown of -36.21% highlights the potential for severe capital erosion during market downturns. This combination of high beta and deep drawdown implies that the fund experiences amplified losses when the market declines. The negative Sharpe ratio further confirms that the recent volatility has not been rewarded with positive returns over the measured periods. Consequently, the fund exhibits behavior characterized by extreme swings in both up and down markets with a recent history of underperforming on a risk-adjusted basis.

AI-generated summary based on the data on this page.

ARKW Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 52.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how ARKW's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With ARKW

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with ARKW's top 10 — ARKK overlaps most, holding 6 of the same companies as ARKW's top 10 (34.6% of ARKW's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

ARKW Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.47% and average daily volume is 98K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.67B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: ARKW is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

ARKW Performance History

How ARKW Compares to Other Thematic ETFs