OARK, set up on November 22, 2022, by YieldMax, focuses its investment decision portfolio primarily on thematic fairness. The ETF aims to provide current earnings and capped gains about the ARK Innovation ETF (ARKK) by way of a synthetic protected connect with tactic, backed by funds and US Treasurys. It actively manages its holdings, using the two standardized exchange-traded and FLEX selections.
OARK ETF Fundamentals
Asset Class: Fairness
Cost Ratio: one.19%
AUM: $0.07B
Inspection Date: November 22, 2022
Average Quantity: 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 profits while monitoring the share price tag returns of ARKK (NYSE Arca: ARKK), with capped opportunity gains. It maintains exposure to ARKK without adopting non permanent defensive positions. The tactic employs a synthetic covered call method of provide income and ARKK publicity even though limiting probable gains. Toroso Investments, LLC serves since the fund's expense adviser, with ZEGA Money, LLC given that the investment decision sub-adviser.
OARK Dividend
Although not generally centered on dividends, OARK integrates a dividend distribution tactic motivated via the underlying Oakmark Index constituents. Dividends, normally distributed quarterly, align While using the dividend policies and performances of portfolio organizations, balancing funds appreciation and dividend returns.
OARK Tracking
OARK tracks the Oakmark Index, holding a diversified fairness portfolio mirroring the index's performance. This technique aims to capture the index's performance, appealing to buyers aligned Together with the Oakmark philosophy.
OARK Correlation
OARK's correlation with ARKK is essential, as it aims to deliver earnings even though keeping ARKK exposure via a artificial protected simply call approach, 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 synthetic intelligence. Using a artificial lined contact system, it generates cash flow while participating in ARKK's gains, albeit with certain restrictions and risks connected to choices buying and selling and market problems.
OARK Publicity
OARK's publicity facilities on producing latest income although mirroring ARKK's share rate returns through a synthetic coated phone system. It includes acquiring ARKK simply call options, offering ARKK place selections, and purchasing shorter-expression U.S. Treasury securities as collateral, featuring a singular earnings-generating tactic with partial participation in ARKK's gains.
OARK, managed by YieldMax, provides a particular approach to thematic equity investment decision, focusing on creating present earnings whilst monitoring the general performance get more info of ARKK by way of a artificial coated simply call technique. Regardless of its fairly short general performance record, OARK features insights into thematic investing procedures, emphasizing cash flow technology and capped gains. With its correlation to ARKK and publicity to disruptive innovation sectors, OARK appeals to investors trying to get thematic diversification. On the other hand, prospective investors should thoroughly take into account the ETF's investment approach, challenges connected with selections trading, and prospective constraints on participation in ARKK's upside. OARK stands to be a testament to ground breaking financial commitment methodologies, giving an intriguing choice for those navigating the dynamic landscape of thematic equity investing.