ARKX

ARK Space Exploration & Innovation ETF, ticker ARKX, is an exchange-traded fund managed by ARK Investment Management LLC. Launched in 2021 and listed on the New York Stock Exchange Arca, the fund seeks long-term growth by investing in companies engaged in space exploration and related technologies, including space transportation, satellite networks, communications, and terrestrial applications of space-enabled innovation. The fund uses ARK’s thematic, actively managed investment approach, emphasizing disruptive technologies and secular growth.

ARKX's strategy focuses on companies involved in space hardware and services, satellite technology and earth observation, robotics and automation, artificial intelligence, the internet of things, energy storage, and advanced materials. The fund typically maintains a concentrated portfolio with exposure to a relatively small number of positions, and its holdings can include both U.S. and non-U.S.-listed companies.

As with other ARK funds, ARKX carries specific investment risks, including market volatility, concentration risk within a niche sector, regulatory and policy risks related to space activities, technological risk, and liquidity risk for smaller or early-stage companies. The expense ratio is around 0.75% per year, reflecting ARK’s active, thematic management approach. Investors should consider whether ARKX’s focus on space and related technologies aligns with their long-term investment objectives and risk tolerance.

See also ARK Invest, list of ARK ETFs.