ARKQ(ARKQ)
AI Look-Through Summary
AI GeneratedThe portfolio's technology sector tilt is pronounced, with over 30% of assets allocated to this space, which is significantly higher than the broader market average. This is largely driven by the fund's top holdings, including Tesla (TSLA) and AMD, both of which are among the largest positions in the portfolio. The presence of other growth-oriented names like Alphabet (GOOG), Amazon (AMZN), and PLTR also underscores the fund's focus on high-growth companies.
The valuation posture is elevated, with a weighted P/E ratio of 55.2x, suggesting that investors are paying a premium for the fund's holdings. While this may be justified by growth prospects in certain sectors, it also increases the risk of losses if these companies fail to meet expectations. The portfolio's concentration risk is high due to its top holdings, with Tesla alone accounting for over 10% of assets. In terms of sector mix, the fund's allocation to technology and consumer cyclical names is significantly higher than the broader market average, which may make it more sensitive to shifts in these sectors.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-24 20:11:02.437599+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 72/100The investment theme implied by ARKQ, which typically targets autonomous driving and robotics innovations, shows a generally strong alignment with the provided top holdings. The portfolio is heavily weighted toward Technology at over thirty percent, featuring key semiconductor manufacturers like AMD and NVIDIA alongside software providers such as Palantir, all of which are critical enablers for advanced vehicle computing systems. However, the presence of significant positions in companies primarily categorized under Industrials or Consumer Cyclical sectors introduces some thematic dilution. Specifically, large allocations to DE (Deere & Company) and ACHR (Archer Aviation), while relevant to agricultural automation and electric flight respectively, are less directly tied to the core narrative of on-road autonomous vehicles compared to pure-play robotics or automotive software firms. Additionally, the inclusion of GOOG in Communication Services suggests a reliance on data infrastructure rather than direct vehicle manufacturing, which slightly broadens the scope beyond strict thematic purity.
Sector coherence remains reasonably intact despite these deviations, as Industrials and Consumer Cyclical sectors collectively account for nearly thirty-three percent of the portfolio, reflecting the hardware and supply chain necessities inherent to building autonomous fleets. The concentration risk is notable with a top-ten holding weight exceeding fifty-four percent, indicating that performance will be heavily influenced by the volatility of specific mega-cap technology stocks like TSLA rather than a diversified basket of smaller thematic players. This heavy reliance on large-cap names may stabilize returns during market turbulence but could also limit exposure to mid-tier innovators often found in niche ETFs. Ultimately, while the fund maintains a distinct focus on innovation-driven sectors compared to broad market indices, its differentiation relies heavily on specific high-conviction bets within technology and industrial automation rather than a purely diversified thematic approach across all robotics sub-sectors.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-18 03:30:02.658835+00
⚠️ Systemic Risk Synthesis
AI GeneratedThe newly disclosed risk factors from top holdings highlight a convergence of macro-level pressures centered on regulatory compliance, cybersecurity obligations, and environmental mandates. Specifically, NVIDIA's disclosures regarding climate change regulations, data privacy requirements, and responsible AI usage illustrate how external policy shifts are increasingly translating into potential material adverse impacts on financial conditions and operational costs across the technology sector. These themes suggest that the fund is exposed to a broader trend where government intervention in emerging technologies and sustainability goals could erode profit margins or constrain competitive positioning for multiple high-growth constituents simultaneously.
The concentration of these specific risk categories within the portfolio's largest positions indicates a significant degree of correlated downside potential rather than isolated idiosyncratic events. While NVIDIA represents only 2.4% of the fund, its detailed warnings on AI regulation and cybersecurity serve as an early indicator that similar compliance burdens may soon surface in other top holdings such as AMD, GOOG, or PLTR, which operate within overlapping regulatory environments. The presence of multiple large-cap technology names facing identical structural threats implies that a shift in policy regarding data privacy or artificial intelligence governance could trigger synchronized adjustments across the fund's core equity exposure, amplifying volatility if these regulations tighten unexpectedly.
Although the provided text focuses heavily on NVIDIA's specific disclosures, the systemic nature of AI and climate regulation suggests that even companies with lower individual weights, such as AVAV or KTOS in aerospace and defense, may face analogous pressures given their reliance on advanced computing infrastructure. The fact that cybersecurity costs are explicitly flagged by a major holding reinforces the notion that operational expenditures related to digital security are becoming a fixed cost burden rather than an optional investment for these firms. Consequently, any escalation in regulatory scrutiny could disproportionately affect the fund's aggregate performance if several top holdings simultaneously report increased compliance spending or reduced competitiveness due to new legal frameworks.
Synthesized from constituent 10-K risk factor disclosures. Not investment advice. Updated: 2026-05-24 09:05:36.322613+00
🏢 Sector Analysis
AI GeneratedThe sector allocation of ARKQ reveals a distinct thematic focus on innovation and growth, with Technology holding nearly 30% of the portfolio alongside significant exposure to Industrials at 17.5%. This heavy weighting in sectors traditionally associated with disruptive business models suggests an investment thesis centered on companies capable of scaling rapidly through technological advancement or industrial transformation. The inclusion of Consumer Cyclical assets comprising over 15% further reinforces a bias toward discretionary spending and cyclical growth drivers, while the minimal allocations to Energy and Healthcare indicate that defensive or utility-oriented sectors are not primary targets for this fund's strategy.
Concentration risk is notably elevated within this structure, as evidenced by the top ten holdings accounting for more than half of the total assets under management. The dominance of Tesla alone at over 10% creates a substantial single-stock dependency, while the presence of several holdings lacking clear sector classifications implies that specific thematic bets may be categorized differently or represent emerging industries not fully captured in standard sector buckets. This lack of diversification across traditional industry lines means portfolio performance will likely correlate heavily with the fortunes of these few large-cap names rather than broad market movements within their respective sectors.
From a factor tilt perspective, the composition points strongly toward high beta and momentum characteristics inherent to growth-oriented equities. The reliance on a small number of holdings in volatile sectors like Technology and Consumer Cyclical suggests an expectation of significant price volatility paired with potentially outsized returns during favorable market conditions for innovation. Conversely, this approach inherently exposes investors to heightened downside risk if the specific themes driving these companies fail to materialize or face regulatory headwinds, as there are no substantial buffers from value-oriented or defensive sectors to mitigate such shocks.
AI-generated sector analysis from constituent-level data. Not investment advice. Updated: 2026-05-20 09:53:06.173088+00
Flow Driver Analysis
2-Step CircleWhich larger ETFs share ARKQ's holdings — and mechanically drive its price through index rebalancing flows?
Approximately 100% of ARKQ's weight flows through these larger ETFs
| Driver ETF | AUM | Expense | Shared Stocks | Weight Overlap |
|---|---|---|---|---|
| ARKXARKX | $717M | — | 23 | 70.0% |
| SPTMSPTM | $12B | — | 20 | 66.4% |
| ARKKARK Innovation ETF | $7B | 0.75% | 15 | 60.0% |
| ONEOONEO | $25M | — | 17 | 57.6% |
| VONEVONE | $10B | — | 17 | 57.4% |
70% of ARKQ's portfolio by weight is also held by ARKX. When ARKX receives inflows, it mechanically buys these shared stocks — dragging ARKQ's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofARKQ'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 75% 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 89% 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 ARKQ collectively pay out 28% 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 36% 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
ProprietaryARKQ is up 76.4% over the last 12 months. The underlying weighted earnings growth of its constituents is +36.3%. The remaining +40.2% of performance is driven by multiple expansion (P/E inflation) — prices rose faster than earnings grew.
Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 87% of fund weight with earnings data. Not investment advice.
Value Creation Map
ROIC vs WACCWhat percentage of ARKQ's weight is allocated to companies that create economic value (ROIC > WACC) vs. destroy it?
Of ARKQ's analyzed weight, 40% is invested in companies earning more than their cost of capital — genuine value creators. The remaining 60% consists of companies whose ROIC falls below their WACC, effectively destroying shareholder value with every dollar invested.
ROIC-WACC spread for 66% of fund weight with available data. Not investment advice.
Concentration Risk Monitor
ELEVATEDARKQ's top holding TSLA at 10.4% is above the 8% elevated-concentration threshold. The effective number of stocks is 23 vs. the actual count of 38.
Effective # of Stocks = 1 / HHI (Herfindahl-Hirschman Index). Variance share approximated as w² / Σw². Not investment advice.
Passive Crowding Score
MODERATEHow much of each constituent's market cap is structurally locked in passive ETFs — a proxy for liquidity fragility during sell-offs.
ARKQ has a Passive Crowding Score of 31/100. On average, 9.2% of the market capitalization of ARKQ's underlying holdings is structurally locked in passive ETF vehicles. This indicates moderate passive ownership density. Index rebalances and ETF creation/redemption activity can amplify short-term volatility in the underlying holdings.
Passive $ = Σ(ETF AUM × holding weight) across all 38 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 | TSLA | TESLA INC Consumer Cyclical | 10.42% | 399.8x | 5/9 |
| 2 | AMD | ADVANCED MICRO DEVICES Technology | 7.76% | 172.6x | 7/9 |
| 3 | TER | TERADYNE INC Technology | 7.57% | 69.4x | 5/9 |
| 4 | RKLB UQ | ROCKET LAB | 6.23% | — | — |
| 5 | KTOS | KRATOS DEFENSE & SECURITY | 4.87% | 377.2x | 3/9 |
| 6 | GOOG | ALPHABET INC-CL C Communication Services | 4.49% | 28.7x | 6/9 |
| 7 | PLTR | PALANTIR TECHNOLOGIES INC-A Technology | 3.64% | 175.9x | 8/9 |
| 8 | DE | DEERE & CO Industrials | 3.57% | 30.7x | 5/9 |
| 9 | AMZN | AMAZON.COM INC Consumer Cyclical | 3.23% | 31.7x | 6/9 |
| 10 | TSM | TAIWAN SEMICONDUCTOR-SP ADR Technology | 3.00% | 35.9x | 9/9 |
| 11 | ACHR | ARCHER AVIATION INC-A Industrials | 2.94% | — | 4/9 |
| 12 | LHX | L3HARRIS TECHNOLOGIES INC Industrials | 2.88% | 34.3x | 8/9 |
| 13 | LUNR | INTUITIVE MACHINES INC | 2.74% | — | — |
| 14 | NVDA | NVIDIA CORP Technology | 2.41% | 32.4x | 4/9 |
| 15 | AVAV | AEROVIRONMENT INC Industrials | 2.37% | — | 2/9 |
Historical Holdings Snapshots
Browse how ARKQ’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-05-24
15 holdings · 68.1% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | TSLA | 10.42% | 558,808 | $233.5M |
| 2 | AMD | 7.76% | 386,871 | $173.9M |
| 3 | TER | 7.57% | 480,467 | $169.8M |
| 4 | RKLB UQ | 6.23% | 1,112,765 | $139.6M |
| 5 | KTOS | 4.87% | 1,998,455 | $109.3M |
| 6 | GOOG | 4.49% | 262,531 | $100.7M |
| 7 | PLTR | 3.64% | 593,134 | $81.5M |
| 8 | DE | 3.57% | 150,529 | $80.0M |
| 9 | AMZN | 3.23% | 269,850 | $72.4M |
| 10 | TSM | 3.00% | 165,330 | $67.3M |
| 11 | ACHR | 2.94% | 10,753,210 | $65.8M |
| 12 | LHX | 2.88% | 210,765 | $64.6M |
| 13 | LUNR | 2.74% | 1,794,209 | $61.4M |
| 14 | NVDA | 2.41% | 246,073 | $54.0M |
| 15 | AVAV | 2.37% | 326,113 | $53.2M |
2026-05-23
15 holdings · 68.1% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | TSLA | 10.42% | 558,808 | $233.5M |
| 2 | AMD | 7.76% | 386,871 | $173.9M |
| 3 | TER | 7.57% | 480,467 | $169.8M |
| 4 | RKLB UQ | 6.23% | 1,112,765 | $139.6M |
| 5 | KTOS | 4.87% | 1,998,455 | $109.3M |
| 6 | GOOG | 4.49% | 262,531 | $100.7M |
| 7 | PLTR | 3.64% | 593,134 | $81.5M |
| 8 | DE | 3.57% | 150,529 | $80.0M |
| 9 | AMZN | 3.23% | 269,850 | $72.4M |
| 10 | TSM | 3.00% | 165,330 | $67.3M |
| 11 | ACHR | 2.94% | 10,753,210 | $65.8M |
| 12 | LHX | 2.88% | 210,765 | $64.6M |
| 13 | LUNR | 2.74% | 1,794,209 | $61.4M |
| 14 | NVDA | 2.41% | 246,073 | $54.0M |
| 15 | AVAV | 2.37% | 326,113 | $53.2M |
2026-05-22
15 holdings · 68.1% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | TSLA | 10.42% | 558,808 | $233.5M |
| 2 | AMD | 7.76% | 386,871 | $173.9M |
| 3 | TER | 7.57% | 480,467 | $169.8M |
| 4 | RKLB UQ | 6.23% | 1,112,765 | $139.6M |
| 5 | KTOS | 4.87% | 1,998,455 | $109.3M |
| 6 | GOOG | 4.49% | 262,531 | $100.7M |
| 7 | PLTR | 3.64% | 593,134 | $81.5M |
| 8 | DE | 3.57% | 150,529 | $80.0M |
| 9 | AMZN | 3.23% | 269,850 | $72.4M |
| 10 | TSM | 3.00% | 165,330 | $67.3M |
| 11 | ACHR | 2.94% | 10,753,210 | $65.8M |
| 12 | LHX | 2.88% | 210,765 | $64.6M |
| 13 | LUNR | 2.74% | 1,794,209 | $61.4M |
| 14 | NVDA | 2.41% | 246,073 | $54.0M |
| 15 | AVAV | 2.37% | 326,113 | $53.2M |
2026-05-21
15 holdings · 68.3% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | TSLA | 10.38% | 558,808 | $233.2M |
| 2 | AMD | 7.71% | 386,871 | $173.2M |
| 3 | TER | 7.36% | 480,467 | $165.4M |
| 4 | RKLB UQ | 6.65% | 1,112,765 | $149.4M |
| 5 | KTOS | 4.97% | 1,998,455 | $111.6M |
| 6 | GOOG | 4.50% | 262,531 | $101.0M |
| 7 | DE | 3.76% | 150,529 | $84.4M |
| 8 | PLTR | 3.62% | 593,134 | $81.3M |
| 9 | AMZN | 3.18% | 269,850 | $71.5M |
| 10 | TSM | 2.96% | 165,330 | $66.4M |
| 11 | LHX | 2.90% | 210,765 | $65.2M |
| 12 | ACHR | 2.77% | 10,753,210 | $62.2M |
| 13 | LUNR | 2.69% | 1,794,209 | $60.4M |
| 14 | NVDA | 2.45% | 246,073 | $55.0M |
| 15 | AVAV | 2.38% | 326,113 | $53.4M |
2026-05-20
15 holdings · 68.0% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | TSLA | 10.37% | 555,482 | $224.5M |
| 2 | AMD | 7.35% | 384,569 | $159.2M |
| 3 | TER | 7.09% | 477,609 | $153.6M |
| 4 | RKLB UQ | 6.50% | 1,106,143 | $140.8M |
| 5 | KTOS | 4.90% | 1,986,561 | $106.2M |
| 6 | GOOG | 4.64% | 260,969 | $100.4M |
| 7 | DE | 3.86% | 149,633 | $83.5M |
| 8 | PLTR | 3.68% | 589,604 | $79.7M |
| 9 | AMZN | 3.21% | 268,244 | $69.6M |
| 10 | TSM | 2.98% | 164,346 | $64.5M |
| 11 | LHX | 2.98% | 209,511 | $64.6M |
| 12 | ACHR | 2.92% | 10,689,204 | $63.2M |
| 13 | LUNR | 2.67% | 1,783,531 | $57.9M |
| 14 | NVDA | 2.49% | 244,609 | $54.0M |
| 15 | AVAV | 2.40% | 324,173 | $51.9M |
2026-05-19
15 holdings · 68.0% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | TSLA | 10.37% | 555,482 | $227.7M |
| 2 | AMD | 7.37% | 384,569 | $161.9M |
| 3 | TER | 6.98% | 477,609 | $153.3M |
| 4 | RKLB UQ | 6.60% | 1,106,143 | $145.1M |
| 5 | KTOS | 4.90% | 1,986,561 | $107.7M |
| 6 | GOOG | 4.67% | 260,969 | $102.6M |
| 7 | DE | 3.84% | 149,633 | $84.5M |
| 8 | PLTR | 3.63% | 589,604 | $79.7M |
| 9 | AMZN | 3.23% | 268,244 | $71.0M |
| 10 | LHX | 2.97% | 209,511 | $65.2M |
| 11 | TSM | 2.96% | 164,346 | $65.1M |
| 12 | ACHR | 2.88% | 10,689,204 | $63.3M |
| 13 | LUNR | 2.73% | 1,783,531 | $59.9M |
| 14 | NVDA | 2.48% | 244,609 | $54.4M |
| 15 | AVAV | 2.38% | 324,173 | $52.4M |
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 ARKQ Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
Technical Setup
AI GeneratedARKQ is currently trading at $132.07, a price point that warrants examination regarding institutional positioning through the lens of moving average crossovers and volume dynamics. While specific numerical values for short-term or long-term averages are not provided in this snapshot, the existence of such indicators typically serves as a reference for larger market participants assessing trend direction and potential reversal points. In many technical frameworks, when price action diverges from established moving averages or when significant volume spikes occur alongside these crossovers, it often suggests that institutional capital is either accumulating positions during perceived undervaluation or distributing assets into strength. The current level of $132.07 acts as a focal point where such behavioral patterns might be most visible to active traders monitoring order flow and liquidity shifts. Volume trends accompanying price movements at this specific juncture could reveal whether institutional sentiment is leaning toward continued appreciation or if there are signs of profit-taking pressure building up. If volume were to expand significantly while the price holds near these technical levels, it would imply strong interest from sophisticated entities validating the current valuation. Conversely, a lack of corresponding volume growth might indicate that larger players are waiting for clearer directional signals before committing substantial capital. The interplay between the stated price and implied moving average relationships offers a window into how market makers and fund managers might be structuring their exposure to this asset class without explicitly confirming any specific trade direction. Ultimately, the technical setup at $132.07 presents a scenario
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 ARKQ’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.