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 is a thematic fund issued by ARK ETF Trust with $1.84 billion in assets under management. It holds a D grade and ranks 12th out of 17 peers in its category, placing it in the lower tier of similar funds. The fund charges an expense ratio of 0.76%, which exceeds the category median of 0.68%. Despite the higher cost, it offers a dividend yield of 1.49%, significantly above the 0.49% median for the group. Its top ten holdings represent 52.5% of assets, with Advanced Micro Devices Inc. serving as the largest single position at 8.8%.

The fund’s price sits at 64.2% of its 52-week range, reflecting a recent trading level of $158.06. Short-term momentum shows acceleration, with returns rising from +0.62% over one week to +6.86% over one month. This upward trajectory continues over longer horizons, reaching +21.41% over six months and +176.11% over three years. However, the one-year return of +3.15% lags behind the category median of +27.86%. The ETFValuer grade has remained unchanged at D across the last 35 tracked days, and price history is available for only 3.0 years.

With a beta of 2.30, the fund moves more than twice as much as the broader market, contributing to its very high annualized volatility of 33.99%. This aggressive profile is reflected in a negative Sharpe ratio of -0.05, indicating poor risk-adjusted returns relative to the risk taken. The maximum drawdown of -36.21% highlights the severity of potential losses during downturns. Liquidity is moderate, with an average daily volume of 69,391 shares and a bid-ask spread of 1.09%. These metrics collectively describe a fund that has exhibited significant price swings and lower efficiency in generating returns per unit of risk.

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: 4.78% (as of 2026-09-04) — 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): 15.30 (as of 2026-09-07) — 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 2026-08-01) — 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 1.09% and average daily volume is 69K/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 $1.84B 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