ARKQ

ARK Autonomous Technology & Robotics ETF, ticker ARKQ, is an actively managed exchange-traded fund offered by ARK Investment Management LLC. The fund seeks long-term growth by investing in companies positioned to benefit from advances in autonomous technology and robotics, including artificial intelligence, automation, and related fields.

ARKQ uses ARK's disruptive-innovation framework to select a relatively concentrated portfolio, typically comprising around 30 holdings. The fund invests globally, with a focus on U.S.-listed companies but may include non-U.S. issuers. It targets sectors such as autonomous transportation, robotics and automation, 3D printing, energy storage, AI, and other technologies expected to enable autonomous systems.

Portfolio construction and risks: Holdings change over time, and top positions vary. The fund tends to be more volatile and less diversified than broad-market funds due to its thematic focus. Risks include concentration risk, technology and competitive risk, liquidity risk for smaller holdings, and, for non-U.S. holdings, currency risk.

Fees and performance: The fund has an expense ratio around 0.75 percent. As with all equity-focused ETFs, performance depends on market conditions and the success of its thematic bets; past results are not indicative of future performance. ARKQ is intended for investors with a higher tolerance for risk seeking exposure to autonomous technology and robotics themes.