ARKF(ARKF)
AI Look-Through Summary
AI GeneratedARKF presents a distinct concentration within the technology and financial services sectors, with combined weights exceeding half of its total portfolio. The fund's top ten holdings are heavily skewed toward high-growth names in e-commerce, cryptocurrency infrastructure, and social media platforms, reflecting an aggressive tilt toward innovative business models rather than established blue chips. Notably, four of the largest positions—Shopify, Coinbase, Robinhood, and Palantir—are concentrated within just three sectors, creating a profile that is highly sensitive to regulatory shifts and market sentiment surrounding digital assets and fintech disruption. This lack of diversification across traditional industries means performance will likely correlate strongly with the valuation cycles specific to these emerging sub-sectors rather than broader economic trends found in industrial or utility markets.
Geographically, while the provided data does not explicitly break down regional exposure, the composition of top holdings such as Coinbase and Robinhood suggests a primary focus on companies with significant global reach but headquarters anchored in North America, particularly the United States where these firms are incorporated. The quantitative metrics indicate an AUM of $0.8 billion, which supports a moderate level of liquidity for larger institutional flows but may introduce volatility during periods of market stress due to the smaller size relative to mega-cap funds. With technology comprising over 30% of assets and financial services adding another quarter, the portfolio's beta is likely elevated compared to broad-market indices, implying that gains or losses will be amplified by movements in these specific growth trajectories rather than mirroring the average performance of the overall equity market.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-24 04:44:37.215957+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 72/100The investment theme implied by the ARKF name centers on disruptive innovation and future-oriented growth, yet the actual holdings reveal a significant divergence from this narrative. While several names like Shopify, Palantir, and Robinhood align with digital transformation concepts, there is a notable inclusion of companies such as Coinbase, SoFi, and Circle that operate primarily in financial services rather than pure technology or disruptive sectors. Furthermore, the presence of mega-cap communication giants like Meta alongside smaller, volatile entities suggests an attempt to stabilize returns through broad market exposure rather than maintaining strict thematic purity. This mix indicates that while the fund captures elements of innovation, it relies heavily on established financial and tech infrastructure players which may dilute the specific "disruptive" focus suggested by its branding.
Sector coherence presents a mixed picture where technology leads at 30.1%, but financial services constitute an equally large portion at 22.6%. This heavy weighting in financial services challenges the expectation of a fund dedicated solely to technological disruption, as it implies significant exposure to traditional banking and fintech infrastructure rather than just novel applications. The top-ten concentration of 46.3% highlights that performance will be heavily driven by a small group of large-cap stocks, reducing the differentiation from broad market indices compared to what might be expected from a true thematic satellite fund. While the sector breakdown shows some diversity with communication services and consumer cyclicals present, the substantial overlap between financial names and tech giants blurs the distinct boundaries required for a highly specialized disruptive innovation portfolio.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-21 08:15:50.158022+00
🏢 Sector Analysis
AI GeneratedARKF exhibits a distinct sector tilt heavily weighted toward Technology at 30.1% and Financial Services at 22.6%, combined with smaller but notable positions in Communication Services, Consumer Cyclical, and Consumer Defensive sectors. This distribution suggests an investment thesis centered on growth-oriented industries that have historically demonstrated high volatility and potential for rapid appreciation, rather than a balanced approach to income generation or stability found in utility or energy sectors. The fund's composition reflects a belief that future value creation will primarily emerge from digital transformation, fintech innovation, and consumer spending dynamics within these specific verticals.
Concentration risk is a defining characteristic of this allocation profile, evidenced by the top ten holdings accounting for 46.3% of assets under management while just five positions alone represent nearly one-fifth of the portfolio. The heavy reliance on individual names such as Shopify, Coinbase, and Robinhood indicates that performance will be disproportionately influenced by the fortunes of these specific companies rather than broad sector trends. This lack of diversification amplifies idiosyncratic risk; a significant downturn or regulatory challenge affecting any single top holding could materially impact overall portfolio returns more sharply than in a broadly diversified equity fund.
Furthermore, the presence of multiple financial services and technology firms alongside communication service providers points to an aggressive factor tilt toward innovation, disruption, and high beta exposure. The minimal allocation to consumer defensive stocks reinforces this strategy by intentionally underweighting sectors that typically act as stabilizers during economic contractions. Consequently, the portfolio is structurally positioned to outperform in environments favoring risk-on sentiment and technological advancement but may face heightened drawdowns when market conditions shift toward value or defensiveness.
AI-generated sector analysis from constituent-level data. Not investment advice. Updated: 2026-05-21 13:27:25.185356+00
Flow Driver Analysis
2-Step CircleWhich larger ETFs share ARKF's holdings — and mechanically drive its price through index rebalancing flows?
Approximately 100% of ARKF's weight flows through these larger ETFs
| Driver ETF | AUM | Expense | Shared Stocks | Weight Overlap |
|---|---|---|---|---|
| ARKWARK Next Generation Internet ETF | $2B | — | 24 | 68.9% |
| VONGVONG | $46B | — | 20 | 56.0% |
| ARKKARK Innovation ETF | $7B | 0.75% | 16 | 55.8% |
| ONEOONEO | $25M | — | 21 | 54.2% |
| ESGVESGV | $11B | — | 21 | 54.1% |
69% of ARKF's portfolio by weight is also held by ARKW, which commands 2× more assets under management. When ARKW receives inflows, it mechanically buys these shared stocks — dragging ARKF's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofARKF's weight.
Overlap computed from constituent-level holdings data across 5 ETFs. Price co-movement with driver ETFs is structural, not coincidental. Not investment advice.
ETF Look-Through Dashboard
Replaces $249/yr MorningstarPeer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Weighted metrics calculated based on 74% of fund assets with available data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Sector & Cap Explorer
ETF Fundamental Radar
Operational health is mixed, with the bulk of weight in the mid-range (4–6) Piotroski scores.
Piotroski F-Score (Operational Health)
Score 0-9: Measures Profitability, Leverage, and Efficiency
Based on 82% of fund weight with Piotroski data.
Computed by rolling up individual stock Piotroski F-Scores, Altman Z-Scores, and Beneish M-Scores weighted by each constituent's allocation. Data that Vanguard and BlackRock don't surface.
Dividend Safety True-Up
DeterministicThe dividend-paying companies inside ARKF collectively pay out 15% of their Free Cash Flow to maintain the current yield. This leaves a substantial cash buffer, making dividend cuts unlikely even in a downturn. Based on 8% of fund weight in dividend-paying stocks.
FCF Payout Ratio = Dividends Paid / Free Cash Flow, weighted by constituent allocation. Not investment advice.
Earnings vs. Price Decomposition
ProprietaryARKF is down 1.0% over the last 12 months. The underlying weighted earnings growth of its constituents is +23.7%. Despite earnings growth, valuations have contracted by 24.7% — the market is paying less per dollar of earnings than a year ago.
Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 69% of fund weight with earnings data. Not investment advice.
Value Creation Map
ROIC vs WACCWhat percentage of ARKF's weight is allocated to companies that create economic value (ROIC > WACC) vs. destroy it?
Of ARKF's analyzed weight, 31% is invested in companies earning more than their cost of capital — genuine value creators. The remaining 69% consists of companies whose ROIC falls below their WACC, effectively destroying shareholder value with every dollar invested.
ROIC-WACC spread for 44% of fund weight with available data. Not investment advice.
Concentration Risk Monitor
ELEVATEDARKF's top holding SHOP at 9.7% is above the 8% elevated-concentration threshold. The effective number of stocks is 30 vs. the actual count of 41.
Effective # of Stocks = 1 / HHI (Herfindahl-Hirschman Index). Variance share approximated as w² / Σw². Not investment advice.
Passive Crowding Score
LOWHow much of each constituent's market cap is structurally locked in passive ETFs — a proxy for liquidity fragility during sell-offs.
ARKF has a low Passive Crowding Score of 24/100. On average, 7.3% of the market capitalization of ARKF's underlying holdings is structurally locked in passive ETF vehicles. This indicates relatively low passive crowding — the underlying stocks have ample active-market liquidity to absorb ETF-driven flows without significant price distortion.
Passive $ = Σ(ETF AUM × holding weight) across all 13 tracked ETFs. Actual passive ownership is higher (includes mutual funds, pension funds). Not investment advice.
Under the Hood — Top 15 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | SHOP | SHOPIFY INC - CLASS A Technology | 9.65% | 116.4x | 5/9 |
| 2 | COIN | COINBASE GLOBAL INC -CLASS A Financial Services | 5.67% | 69.5x | 4/9 |
| 3 | HOOD | ROBINHOOD MARKETS INC - A Financial Services | 5.05% | 45.8x | 4/9 |
| 4 | PLTR | PALANTIR TECHNOLOGIES INC-A Technology | 4.53% | 175.9x | 8/9 |
| 5 | TOST | TOAST INC-CLASS A Technology | 4.34% | 38.9x | 7/9 |
| 6 | XYZ | BLOCK INC Technology | 3.85% | 59.2x | 6/9 |
| 7 | SOFI | SOFI TECHNOLOGIES INC Financial Services | 3.53% | 40.5x | 2/9 |
| 8 | ROKU | ROKU INC Communication Services | 3.44% | 96.4x | 6/9 |
| 9 | CRCL | CIRCLE INTERNET GROUP INC Financial Services | 3.36% | — | 3/9 |
| 10 | RBLX | ROBLOX CORP -CLASS A Communication Services | 2.86% | — | 6/9 |
| 11 | MELI | MERCADOLIBRE INC | 2.85% | 44.8x | 4/9 |
| 12 | ADYEN | ADYEN NV | 2.58% | — | — |
| 13 | META | META PLATFORMS INC-CLASS A Communication Services | 2.46% | 23.0x | 5/9 |
| 14 | AMD | ADVANCED MICRO DEVICES Technology | 2.36% | 172.6x | 7/9 |
| 15 | DKNG UW | DRAFTKINGS INC-CL A | 2.36% | — | — |
Historical Holdings Snapshots
Browse how ARKF’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-05-24
15 holdings · 58.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | SHOP | 9.65% | 662,061 | $106.6M |
| 2 | COIN | 5.67% | 276,957 | $62.6M |
| 3 | HOOD | 5.05% | 492,638 | $55.7M |
| 4 | PLTR | 4.53% | 281,162 | $50.0M |
| 5 | TOST | 4.34% | 1,351,034 | $48.0M |
| 6 | XYZ | 3.85% | 652,416 | $42.5M |
| 7 | SOFI | 3.53% | 1,488,338 | $39.0M |
| 8 | ROKU | 3.44% | 350,640 | $38.0M |
| 9 | CRCL | 3.36% | 467,606 | $37.1M |
| 10 | RBLX | 2.86% | 389,598 | $31.6M |
| 11 | MELI | 2.85% | 15,628 | $31.5M |
| 12 | ADYEN | 2.58% | 17,603 | $28.4M |
| 13 | META | 2.46% | 41,109 | $27.1M |
| 14 | DKNG UW | 2.36% | 756,511 | $26.1M |
| 15 | AMD | 2.36% | 121,685 | $26.1M |
2026-05-23
15 holdings · 58.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | SHOP | 9.65% | 662,061 | $106.6M |
| 2 | COIN | 5.67% | 276,957 | $62.6M |
| 3 | HOOD | 5.05% | 492,638 | $55.7M |
| 4 | PLTR | 4.53% | 281,162 | $50.0M |
| 5 | TOST | 4.34% | 1,351,034 | $48.0M |
| 6 | XYZ | 3.85% | 652,416 | $42.5M |
| 7 | SOFI | 3.53% | 1,488,338 | $39.0M |
| 8 | ROKU | 3.44% | 350,640 | $38.0M |
| 9 | CRCL | 3.36% | 467,606 | $37.1M |
| 10 | RBLX | 2.86% | 389,598 | $31.6M |
| 11 | MELI | 2.85% | 15,628 | $31.5M |
| 12 | ADYEN | 2.58% | 17,603 | $28.4M |
| 13 | META | 2.46% | 41,109 | $27.1M |
| 14 | AMD | 2.36% | 121,685 | $26.1M |
| 15 | DKNG UW | 2.36% | 756,511 | $26.1M |
2026-05-22
15 holdings · 58.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | SHOP | 9.65% | 662,061 | $106.6M |
| 2 | COIN | 5.67% | 276,957 | $62.6M |
| 3 | HOOD | 5.05% | 492,638 | $55.7M |
| 4 | PLTR | 4.53% | 281,162 | $50.0M |
| 5 | TOST | 4.34% | 1,351,034 | $48.0M |
| 6 | XYZ | 3.85% | 652,416 | $42.5M |
| 7 | SOFI | 3.53% | 1,488,338 | $39.0M |
| 8 | ROKU | 3.44% | 350,640 | $38.0M |
| 9 | CRCL | 3.36% | 467,606 | $37.1M |
| 10 | RBLX | 2.86% | 389,598 | $31.6M |
| 11 | MELI | 2.85% | 15,628 | $31.5M |
| 12 | ADYEN | 2.58% | 17,603 | $28.4M |
| 13 | META | 2.46% | 41,109 | $27.1M |
| 14 | AMD | 2.36% | 121,685 | $26.1M |
| 15 | DKNG UW | 2.36% | 756,511 | $26.1M |
2026-05-21
15 holdings · 58.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | SHOP | 9.65% | 662,061 | $106.6M |
| 2 | COIN | 5.67% | 276,957 | $62.6M |
| 3 | HOOD | 5.05% | 492,638 | $55.7M |
| 4 | PLTR | 4.53% | 281,162 | $50.0M |
| 5 | TOST | 4.34% | 1,351,034 | $48.0M |
| 6 | XYZ | 3.85% | 652,416 | $42.5M |
| 7 | SOFI | 3.53% | 1,488,338 | $39.0M |
| 8 | ROKU | 3.44% | 350,640 | $38.0M |
| 9 | CRCL | 3.36% | 467,606 | $37.1M |
| 10 | RBLX | 2.86% | 389,598 | $31.6M |
| 11 | MELI | 2.85% | 15,628 | $31.5M |
| 12 | ADYEN | 2.58% | 17,603 | $28.4M |
| 13 | META | 2.46% | 41,109 | $27.1M |
| 14 | AMD | 2.36% | 121,685 | $26.1M |
| 15 | DKNG UW | 2.36% | 756,511 | $26.1M |
2026-05-20
15 holdings · 58.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | SHOP | 9.65% | 662,061 | $106.6M |
| 2 | COIN | 5.67% | 276,957 | $62.6M |
| 3 | HOOD | 5.05% | 492,638 | $55.7M |
| 4 | PLTR | 4.53% | 281,162 | $50.0M |
| 5 | TOST | 4.34% | 1,351,034 | $48.0M |
| 6 | XYZ | 3.85% | 652,416 | $42.5M |
| 7 | SOFI | 3.53% | 1,488,338 | $39.0M |
| 8 | ROKU | 3.44% | 350,640 | $38.0M |
| 9 | CRCL | 3.36% | 467,606 | $37.1M |
| 10 | RBLX | 2.86% | 389,598 | $31.6M |
| 11 | MELI | 2.85% | 15,628 | $31.5M |
| 12 | ADYEN | 2.58% | 17,603 | $28.4M |
| 13 | META | 2.46% | 41,109 | $27.1M |
| 14 | AMD | 2.36% | 121,685 | $26.1M |
| 15 | DKNG UW | 2.36% | 756,511 | $26.1M |
2026-05-19
15 holdings · 58.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | SHOP | 9.65% | 662,061 | $106.6M |
| 2 | COIN | 5.67% | 276,957 | $62.6M |
| 3 | HOOD | 5.05% | 492,638 | $55.7M |
| 4 | PLTR | 4.53% | 281,162 | $50.0M |
| 5 | TOST | 4.34% | 1,351,034 | $48.0M |
| 6 | XYZ | 3.85% | 652,416 | $42.5M |
| 7 | SOFI | 3.53% | 1,488,338 | $39.0M |
| 8 | ROKU | 3.44% | 350,640 | $38.0M |
| 9 | CRCL | 3.36% | 467,606 | $37.1M |
| 10 | RBLX | 2.86% | 389,598 | $31.6M |
| 11 | MELI | 2.85% | 15,628 | $31.5M |
| 12 | ADYEN | 2.58% | 17,603 | $28.4M |
| 13 | META | 2.46% | 41,109 | $27.1M |
| 14 | DKNG UW | 2.36% | 756,511 | $26.1M |
| 15 | AMD | 2.36% | 121,685 | $26.1M |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
What Drove ARKF Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
Technical Setup
AI GeneratedThe current price level of $40.70 for ARKF sits within a broader context where recent drawdowns and elevated volatility suggest that momentum may be fragile rather than structural. While the specific technical indicators provided are limited to this single data point, the combination of a significant correction from historical highs often signals heightened sensitivity to market shifts in growth-oriented equities. In such an environment, price action frequently oscillates wildly, indicating that any upward movement could be driven more by temporary sentiment or liquidity flows than by a sustained fundamental turnaround. The lack of stabilizing support near this level implies that downside risks remain active if broader macroeconomic conditions deteriorate further. Conversely, the persistence at this valuation floor might reflect a market re-rating process where previous overextensions are being corrected before any genuine recovery can take hold. This dynamic creates a scenario where short-term technical patterns offer little certainty about future direction, as volatility tends to amplify rather than dampen during periods of uncertainty. Without additional confirmation from volume profiles or trendline breaks, the current setup appears precarious, suggesting that capital allocation decisions hinge heavily on how quickly external catalysts can restore confidence in the asset's long-term thesis. Ultimately, the interplay between recent losses and ongoing market noise points to a phase where risk dynamics are likely dominating over clear directional trends.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How ARKF’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.
SecuritiesDB is for informational purposes only. Not investment advice.