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CARK

GradeCNew York Stock Exchange Arca

CastleArk Large Growth ETF

Active Equity · CastleArk · Inception 2023-12-06

$48.82+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Dec 7, 2023.
Intraday session: up, 9 prints from 46.69 to 48.82. Range 46.69 to 48.90. Use the arrow keys to read each point.$47.00$48.00Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.54%
Fund size
$347M
1Y return
+10.4%
Yield · Last 12 months
0.01%
Volume · 30D
0M sh
NAV per share
$48.77
52W range
low $38.26high $49.07

The ETF.net CARK Grade

C

43/ 100

Rank 53 of 90 in US Active Growth

Confidence Medium

Six-pillar profile for CARK. Scores out of 100: Cost 56, Risk 37, Mission not scored, Tradability 23, Holdings 37, Durability 60. Strongest: Durability (60). Weakest: Tradability (23). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 43 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 56
    Category rank40/90 · top 44%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 37
    Category rank61/79 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank73/90 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 37
    Category rank74/89 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 60
    Category rank38/90 · top 42%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CARK

ETF.net Research

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

  1. 01Concentrated 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
  2. 02The 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
  3. 03Fee 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.
  4. 04Not 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

  1. 01Concentration 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
  2. 02It 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.
  3. 03Cheaper 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 Holdings

As of Sep 20, 2026, 10:14 AM
Asset class
Stocks
Holdings
Top-10 weight
64%
Largest holding
NVDA14.1%

Sectors

  • Technology54.8%
  • Communication13.3%
  • Financials10.4%
  • Health Care8.8%
  • Consumer Discr.6.7%
  • Industrials6.0%

Geography

  • United States99.41%
  • Canada0.59%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP14.12%215,274$48M828
002GOOGLALPHABET INC-CL A9.84%95,424$33M704
003AAPLAPPLE INC6.54%65,982$22M707
004LLYELI LILLY & CO5.34%15,690$18M569
005ANETARISTA NETWORKS INC5.23%88,878$18M490
006LRCXLAM RESEARCH CORP4.70%55,280$16M591
007VVISA INC-CLASS A SHARES4.65%42,776$16M550
008MSFTMICROSOFT CORP4.60%31,583$16M792
009AVGOBROADCOM INC4.49%42,675$15M732
010SNOWSNOWFLAKE INC4.01%40,855$14M321
011AMDADVANCED MICRO DEVICES3.87%23,451$13M618
012GILDGILEAD SCIENCES INC3.33%75,248$11M482
013METAMETA PLATFORMS INC3.25%16,578$11M683
014GEVGE VERNOVA INC2.72%9,816$9M473
015MAMASTERCARD INC - A2.66%15,954$9M512

Showing 1–15 of 30 holdings

CARK Performance

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

CARK$11,039
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CARK $11,039. SPY $11,723. Use the arrow keys to read each point.$8,444$10,226$12,007Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+10.8%
1 month+2.1%
3 months+4.5%
1 year+10.4%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, 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+10.8%
2025+10.9%
2024+26.5%
2023+3.6%

History from Dec 7, 2023

CARK in the news

ETF.net Research hasn’t filed on CARK yet — coverage lands here as it’s written.

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 Sep 22, 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

CARK Risk

How much the fund’s monthly returns vary, scaled to a year.
16.9%
Annualised · 32 months to Aug 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.
0.75
vs 3-month T-bills · 32 months to Aug 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%
33 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.
1.31
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.

CARK Cost

Expense ratio0.54%
  • The middle half of US Active Growth funds
  • Median 0.56%

39 of the 89 US Active Growth funds charge less.

CARK costs $54.00 a year on $10,000. The median US Active Growth fund costs $56.00.