ARKX VS ROKT: A Comparison of ETFs
Exchange-Traded Funds (ETFs) have transformed the investment landscape by offering diversified exposure to various sectors and asset classes. In this article, we delve into a comprehensive comparison between two prominent ETFs: ARKX (ARK Space Exploration & Innovation ETF) and ROKT (SPDR S&P Kensho Final Frontiers ETF). We will explore essential aspects such as tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
ARKX VS ROKT: Overview
ARKX and ROKT are two ETFs that offer distinct strategies within the realm of space exploration and innovation. While ARKX focuses on companies involved in space travel, satellite technology, and space-related innovations, ROKT targets firms engaged in space-related activities across multiple industries. This divergence in focus leads to different investment exposures and potential risks, which we will analyze further.
ARKX VS ROKT: Sectors and Top Holdings
The ARKX ETF concentrates on sectors such as satellite technology, space exploration, and autonomous vehicles. Its top holdings include companies like Trimble Inc., JD.com Inc., and Kratos Defense & Security Solutions Inc. On the other hand, ROKT invests in sectors like aerospace, satellite communications, and deep space exploration. Its top holdings comprise Maxar Technologies Inc., Aerojet Rocketdyne Holdings Inc., and Virgin Galactic Holdings Inc. Understanding the sectors and top holdings aids investors in choosing the ETF that aligns with their investment objectives.
ARKX overlap ARKX VS ROKT: A Comprehensive Comparison of ETFs
ARKX VS ROKT: Capitalization and Strategy
ARKX boasts a substantial asset under management (AUM), reflecting its popularity among investors interested in the space innovation sector. The fund's strategy involves investing in companies that are leading the way in space technology advancements. ROKT's strategy revolves around providing exposure to firms associated with space exploration, satellite technology, and advanced aerospace engineering. The difference in capitalization and strategy between the two ETFs results in varying potential returns and risk profiles for investors.
ARKX VS ROKT: Tracking and Exposure
ARKX aims to provide investors with exposure to companies at the forefront of space exploration and technological advancements. Its holdings span across various industries, such as satellite-based internet providers, aerospace manufacturers, and companies involved in urban air mobility. ROKT, on the other hand, focuses on companies that contribute to the space industry's growth and innovation, including satellite communications, space tourism, and satellite imagery. Understanding the distinct tracking and exposure methods helps investors make informed decisions based on their preferences.
Conclusion
ARKX and ROKT are unique ETFs that offer specialized approaches to investing in the rapidly evolving space innovation sector. For those seeking deeper insights into holdings, correlations, overlaps, and other critical information, ETF insider provides an invaluable tool. With its user-friendly app, investors can gain comprehensive details about these and other financial instruments to make well-informed investment choices.
Disclaimer: This article does not provide any investment advisory services.
Sources:
ARKX ETF issuer
ARKX ETF official page