ARKW

ARK Web x.0 ETF, ticker ARKW, is an exchange-traded fund managed by ARK Investment Management LLC. Launched in 2014, the fund seeks long-term growth by investing in companies expected to benefit from the development and adoption of internet-enabled platforms and services.

Investment approach and objective: ARKW uses an active, research-driven process focused on disruptive innovation and web-based themes. The fund holds a concentrated portfolio of global equities, with emphasis on U.S. technology firms and select international companies that ARK believes will benefit from ongoing web-based transformation. Thematic exposure includes cloud computing, e-commerce, digital media, online advertising, social platforms, cybersecurity, and other internet-related technologies.

Portfolio characteristics: The fund is broadly positioned in information technology and communications services, with additional exposure to consumer discretionary and other sectors tied to internet-enabled business models. ARKW emphasizes growth-oriented names that align with its web x.0 thesis, which can lead to higher volatility and concentration risk relative to broad-market ETFs.

Management and fees: ARKW is actively managed by ARK Invest’s research team, with periodic rebalancing to reflect evolving themes and new opportunities. The expense ratio is approximately 0.75% per year.

Risks and suitability: The fund carries significant risk due to its thematic and concentrated approach, including volatility, sector concentration, and reliance on favorable secular trends in internet technologies. It may not perform in line with broad-market benchmarks, and investors should consider their tolerance for fluctuation and long-term horizon.

See also: ARK Investment Management, ARKK, ARKG, ARKF.