ARKQ
💼 This ETF offers exposure to global companies involved in the development and implementation of artificial intelligence and robotics technologies.
🤖 The fund includes several of the most cutting-edge companies in the sector, such as Tesla and Teradyne, which together occupy about 15% of the entire fund.
💰 The ETF uses full physical replication by directly purchasing the securities that make up its index, resulting in greater transparency.
@rankia:
“Since we have been talking about Ark’s Big Ideas report, how about we bring an ETF from the guys at ARK? I present to you the ARK Artificial Intelligence and Robotic UIT ATF, a thematic ETF that seeks to offer exposure to global companies involved in the development and implementation of artificial intelligence and robotics technologies. This ETF follows the Solar Bioartificial Intelligence and Robotic Index, an index that groups leading companies in automation, machine learning, advanced robotics, and data processing. Its portfolio includes several of the most cutting-edge companies in the sector, such as Tesla or Teradyne itself. In fact, together, both companies occupy about 15% of the entire fund. That is, there is a strong commitment to key companies that can benefit from the disruption of the AI and robotics industry. This ETF uses full physical replication by directly purchasing the securities that make up its index. This translates into greater transparency and faithful tracking of its benchmark. Of course, as a single caveat, I would add that although it is an indexed product, the management fees (or TER) reach 0.75%, which makes it quite high for an indexed product. I guess that’s what it takes for its management to be carried out by the team of the Wall Street Queenstar, Cathie Wood. However, it is true that it has a certain element of risk, since it was launched relatively recently, so its profitability history is limited. However, with the final push of the stock markets at the end of last year and the beginning of this one, the fund has achieved a return close to 70% in just 7 or 8 months. Certainly very striking figures in a sector that for many is barely taking off.”
The @rankia channel shows viewers the exact part of the YouTube video where ARKQ is discussed below.
View the video on YouTube.
Read more articles analyzing ARKQ at the following link. ARKQ stock.
