Exchange-Traded Funds (ETFs) have transformed the landscape of investment, providing a diverse range of exposures across various industries and market segments. In this article, we will conduct an in-depth comparison between two notable ETFs: ARKW (ARK Next Generation Internet ETF) and XNTK (SPDR NYSE Technology ETF). Our analysis will cover essential aspects including ETF tickers, full names, issuers, sectors, top holdings, capitalization, investment strategy, tracking methods, and exposure.
ARKW and XNTK represent two distinct ETFs, each focusing on the technology sector but with different approaches. ARKW is managed by ARK Invest and targets innovative companies within the internet and technology space. On the other hand, XNTK, managed by State Street Global Advisors, tracks the performance of technology companies listed on the New York Stock Exchange. This divergence in approach results in varying exposure and risk profiles, which we will dissect in the subsequent sections.
The ARKW ETF emphasizes exposure to disruptive technologies and new internet trends. Its top holdings include companies like Tesla, Square, and Roku, reflecting its focus on cutting-edge innovations. XNTK, however, encompasses a broader spectrum of technology stocks listed on the NYSE. Understanding the sectors and top holdings of these ETFs is crucial for investors seeking to align their portfolios with specific technology trends or broad industry performance.
ARKW overlap ARKW VS XNTK: A Comprehensive Comparison of ETFs
ARKW's impressive asset under management (AUM) indicates its popularity among investors interested in futuristic technologies. ARKW follows an active investment strategy, targeting companies that are expected to drive significant technological advancements. XNTK, being a passive ETF, seeks to replicate the performance of the NYSE Technology Index, capturing a wide range of technology companies. The choice between active and passive strategies, along with differing capitalization levels, plays a pivotal role in potential returns and risk considerations.
ARKW's approach involves actively selecting companies with substantial growth potential, while XNTK relies on passive tracking to mirror the performance of its underlying index. ARKW's investment team leverages their expertise to identify technological disruptors, whereas XNTK automatically reflects the performance of NYSE-listed technology stocks. The variance in tracking methods contributes to differences in risk, potential returns, and correlation with broader market trends.
ARKW and XNTK present investors with distinct pathways to gain exposure to the dynamic technology sector. For those seeking in-depth insights into holdings, correlations, overlaps, and other crucial information, ETF Insider serves as a valuable tool. This user-friendly app empowers investors with comprehensive details on these ETFs and other financial instruments, aiding in informed decision-making.
Disclaimer: This article does not provide investment advisory services.
Sources:
ARK Invest. (n.d.). ARK Next Generation Internet ETF (ARKW). Retrieved from [insert source link]
State Street Global Advisors. (n.d.). SPDR NYSE Technology ETF (XNTK). Retrieved from [insert source link]
ARKW ETF issuer
ARKW ETF official page