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Launched · SEC filings

ARK Next Generation Internet ETF

ARKWCboeARKD

$143.99−3.03 (−2.06%)

At close: Nov 2, 2026, 4:00 PM ET

D36/ 100

Rank 25 of 30 in Disruptive Innovation

D36/100Rank 25 of 30inDisruptive Innovation
Intraday session: down, 78 prints from 147.02 to 143.99. Range 143.89 to 149.03. Use the arrow keys to read each point.145.00146.00148.00149.0010 AM12 PM2 PM4 PM
Expense ratio
0.76%
Fund size
$2.03B
1Y total return
−15.6%
Yield · Last 12 months
1.60%
Holdings
41
Avg volume · 30D
76.7K sh
52W range
low $113.36high $178.68
Launched
Filings
SEC EDGAR

The ETF.net ARKW Grade

D

Score 36 out of 100

Category
Disruptive Innovation⁠
Rank
25 of 30
Six-pillar profile for ARKW. Scores out of 100: Cost 22, Risk 20, Mission 57, Tradability 66, Holdings 36, Durability 85. Strongest: Durability (85). Weakest: Risk (20). Leans toward Durability.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F22 out of 100
    Rank 20 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B57 out of 100
    Rank 5 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F20 out of 100
    Rank 28 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B66 out of 100
    Rank 8 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 23 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A85 out of 100
    Rank 4 of 30

Our read on ARKW

ETF.net Research

In short

DARK's internet-native sibling to its flagship: a decade-old, actively managed, globally invested portfolio of next-generation internet companies. No index to hug, no closet benchmark, just a concentrated list picked by conviction.

Stated mandate

The fund seeks long-term capital growth through an actively managed portfolio investing primarily in domestic and foreign equities connected to the next-generation-internet theme.

Why people hold it

  • Genuinely active, not index-shaped: managers hand-pick next-generation internet names across US and foreign markets instead of tracking a benchmark.
  • Trading since 2014, giving it a decade-plus operating history, rare for a fund built around a single technology story.
  • A multi-billion-dollar fund that stays one of the easier active thematic ETFs to get in and out of, despite how focused the portfolio is.

Worth knowing

  • At 0.76% a year it runs above the typical active US equity ETF and several times the fee on quant core funds like DFAC (0.17%) or AVLC (0.15%).
  • Concentration cuts both ways: a focused, high-conviction book has swung far harder than a broad market fund, and a few positions drive most of the result.
  • Distributions come only annually or semiannually. This is a growth-mandate fund, not an income one.

ARKW Performance

Launched Sep 30, 2014

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ARKW$8,440
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ARKW $8,440. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ARKW. Periods over one year show the average yearly return.
PeriodARKW
Year to date−0.5%
1 month−8.2%
3 months+7.4%
1 year−15.6%
3 yearsper year+42.3%
5 yearsper year−0.4%
10 yearsper year+21.9%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ARKW
YearReturn barARKW
2026 YTD−0.5%
2025+38.9%

ARKW in the news

ARKW Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.60%Last 12 months
Payout per share
$2.35Last 12 months
Last payment
$2.35 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2017–2026

One bar per payment. 5 payments from 2017 to 2026 YTD. Dec 27, 2017 $0.94; Dec 27, 2018 $5.54; Dec 29, 2020 $1.89; Dec 29, 2021 $3.31; Dec 26, 2025 $2.35. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 26, 2025Dec 29, 2025$2.35
Dec 29, 2021Dec 31, 2021$3.31
Dec 29, 2020Dec 31, 2020$1.89
Dec 27, 2018Dec 31, 2018$5.54
Dec 27, 2017Dec 29, 2017$0.94
Dec 24, 2015No data$0.53

— Pay date not on file.

$10,000 in ARKW 10 years ago paid $5,798 in dividends.

ARKW Risk

Risk pillarF20 out of 100Rank 28 of 30 in Disruptive Innovation
How much the fund’s monthly returns vary, scaled to a year.
37.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.01
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−76.8%
Trough Dec 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.34
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ARKW Cost

Compare ARKW and KOMP

Overpaying vs KOMP, cheapest in Disruptive Innovation

$10,501

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ARKW 0.76%

    $14,656

  • KOMP 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • ARKW 0.76%
  • KOMP 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ARKW $14,656KOMP $4,155

Year by year

YearARKWKOMPOverpaying
10$1,353$365$988
20$5,142$1,421$3,721
30$14,656$4,155$10,501

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