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Launched

CastleArk Large Growth ETF

CARKNYSE ArcaC

$45.14−1.49 (−3.20%) past 5 days

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

C47/ 100

Rank 48 of 90 in US Active Growth

C47/100Rank 48 of 90inUS Active Growth
5D price: down, 7 points from 46.63 to 45.14. Range 45.14 to 47.53. Use the arrow keys to read each point.45.5046.0046.5047.0047.50Oct 27Oct 28Oct 29Oct 30Nov 2
Market opens at 9:30 AM ET.
Expense ratio
0.54%
Fund size
$325M
1Y total return
−0.5%
Yield · Last 12 months
0.01%
Holdings
27
Avg volume · 30D
3.38K sh
52W range
low $38.26high $49.92
Launched

The ETF.net CARK Grade

Based on 5 of 6 pillars

C

Score 47 out of 100

Category
US Active Growth⁠
Rank
48 of 90
Six-pillar profile for CARK. Scores out of 100: Cost 54, Risk 43, Mission not scored, Tradability 44, Holdings 36, Durability 60. Strongest: Durability (60). Weakest: Holdings (36). Based on 5 of 6 pillars.

Score 47 of 100 falls in the C 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.
    C54 out of 100
    Rank 42 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 53 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 56 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 78 of 90

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 39 of 90

Our read on CARK

ETF.net Research

In short

CA Chicago boutique's large-growth playbook in ETF form: a concentrated book of big U.S. franchises picked for profitability and free cash flow rather than headline revenue growth.

Stated mandate

The Fund seeks long-term capital appreciation. It is an actively managed ETF investing primarily in large-capitalization common stocks through a bottom-up fundamental process focused on established growth companies with sustainable competitive advantages and strong potential free-cash-flow margins and earnings growth.

Why people hold it

  • Concentrated by design. A focused portfolio of predominantly U.S. companies above $4 billion in market cap at purchase means manager conviction, not index weights, sets the shape of the fund.castleark-etfs.com
  • The screen is franchise quality: businesses the team sees as harder to disrupt, with high profitability and free cash flow, which it ranks above the raw rate of revenue growth.castleark-etfs.com
  • Fee sits right at the middle of its active large-growth peer group at 0.54%, so the concentration and stock picking do not come with a premium sticker.
  • Not a startup strategy in a new wrapper: the ETF, launched in 2023, carries the name of a manager its co-founder started building in 1999.castleark-etfs.com

Worth knowing

  • Concentration cuts both ways. With a small number of positions, one company's stumble moves this fund far more than it would a broad growth index.castleark-etfs.com
  • It trades thinly. Spreads can be wider than on mega-cap growth funds, and order type and timing matter more than they do in heavily traded names.
  • Cheaper competition is real: JUSA (0.12%) and FELG (0.18%) chase large-cap growth for a fraction of the fee, and our review places CARK in the lower half of this peer group.

CARK Performance

Launched Dec 6, 2023

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

Not enough history yet.Not enough history yet.Not enough history yet.
CARK$9,949
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. CARK $9,949. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 CARK. Periods over one year show the average yearly return.
PeriodCARK
Year to date+2.4%
1 month−8.1%
3 months−3.1%
1 year−0.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 CARK
YearReturn barCARK
2026 YTD+2.4%
2025+10.9%
2024+26.5%
2023+3.6%

History from Dec 7, 2023

CARK in the news

CARK 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 Nov 2, 2026.
0.01%Last 12 months
Payout per share
$0.0066Last 12 months
Last payment
$0.0066 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.0091; Dec 30, 2025 $0.0066. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 7, 2026$0.0066
Dec 30, 2024Jan 7, 2025$0.0091

$10,000 in CARK 1 year ago paid $1.45 in dividends.

CARK Risk

Risk pillarC43 out of 100Rank 53 of 85 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
17.0%
Annualised · 34 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.
0.60
vs 3-month T-bills · 34 months 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.
−25.2%
34 months · trough Apr 2025
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.
1.29
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.

CARK Cost

Compare CARK and FELG

Overpaying vs FELG, tied cheapest in US Active Growth

$6,971

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

  • CARK 0.54%

    $10,720

  • FELG 0.18% Tied cheapest

    $3,749

$10,000
30 years

Cost over time

  • CARK 0.54%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530CARK $10,720FELG $3,749

Year by year

YearCARKFELGOverpaying
10$971$328$643
20$3,724$1,281$2,443
30$10,720$3,749$6,971

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