ARKF - ARK Fintech Innovation ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
+0.05 (+0.22%)
At close: 3:42PM EST
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Previous Close23.59
Bid0.00 x 1000
Ask23.68 x 1200
Day's Range0.00 - 0.00
52 Week Range
Avg. Volume12,412
Net Assets80.01M
PE Ratio (TTM)N/A
YTD Daily Total ReturnN/A
Beta (3Y Monthly)0.00
Expense Ratio (net)0.75%
Inception Date2019-02-01
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    "Clearly, technological innovation is causing intensifying consolidation in the electronic payment services market, while the acquisition of data on customer's purchasing and behavior trends further drives fintech acquisitions," wrote Dealogic associate Chisa Tanaka. Additionally, the payment processing space is seeing a growing number of big bets placed by venture capitalists, which could give fintech exchange-traded funds (ETFs) a boost. Payments are increasingly going digital with a number of start-ups seeing venture capital seed money to help facilitate online purchases.

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  • 5 Fantastic Fintech ETFs to Consider

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    As trade tensions between the U.S. and China reach a boiling point, stocks are getting pummeled. The S&P 500 had shed as much as 5% from its recent highs.In times like these, it is not surprising that many investors get defensive and look to reduce their portfolio's volatility via safer asset classes. It is reasonable and probably advisable that amid international headline risk, investors lean toward safer assets and the related exchange-traded funds (ETFs). However, there is another benefit to market declines, such as the current one, that take place within the confines of a bull market: investors can scoop up some compelling assets at favorable prices.Those compelling assets that have recently been discounted may include thematic ETFs. Within that space, are some interesting fintech ETFs that offer tactical investors a refreshed, growthier approach to the normally staid financial services sector.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Trade War Stocks With a Lot of Risk A base definition of fintech is a financial service that is rooted in technology, but the industry is sprawling and encompasses myriad everyday financial functions, including traditional banking and lending, sending and receiving payments, investing and much more.Here are some of the best fintech ETFs to consider for investors looking to buy on the dip. Fintech ETFs to Consider: Global X FinTech ETF (FINX)Expense Ratio: 0.68% per year, or $68 on a $10,000 investment.The Global X FinTech ETF (NASDAQ:FINX) is one of the entrenched names among fintech ETFs, but owing to the nascent nature of the fintech industry, FINX does not turn three years old until September. Home to about $348 million in assets under management, FINX tracks the Indxx Global FinTech Thematic Index.FINX member firms hail from industries "like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions," according to Global X.FINX holds 37 stocks and investors should note that only a scant percentage of the fund's holdings are officially classified as financial services firms. Rather, over 85% of FINX's holdings are data processing firms and software providers, meaning this fintech ETF is almost a tech fund. This fintech ETF is cap-weighted and its top 10 holdings combine for approximately 60% of its weight."While some might argue that in the aggregate smaller companies offer higher growth opportunities than larger companies and therefore warrant more exposure than a market cap weighting scheme offers, we do not always find this to be the case in disruptive industries," according to Global X research. "Using history as our guide, recent powerful themes have demonstrated that larger companies enjoy enormous benefits due to economies of scale and network effects." ETFMG Prime Mobile Payments ETF (IPAY)Source: Pabak Sarkar via FlickrExpense Ratio: 0.75%At nearly four years old, the ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY) is the oldest of the fintech ETFs available in the U.S. This $475 million fintech ETF tracks the Prime Mobile Payments Index.As its name implies, IPAY focuses on the mobile payments niche, giving the fund a narrower focus than the aforementioned FINX, but compelling exposure nonetheless. With the emphasis on mobile payments, IPAY's top 10 holdings are not surprising. The group includes PayPal (NASDAQ:PYPL), Square (NYSE:SQ) and each of the four major U.S. credit card issuers.IPAY is a play on mobile payments growth and the growth estimates for this market are staggering. * 7 Dividend Stocks to Buy as the Trade War Reignites "A study conducted by Allied Research found that the mobile payment market is anticipated to grow at a compound annual growth rate (CAGR) of 33.8% from 2017 to 2023 reaching a market size of $4,574 billion by 2023," according to IPAY's issuer. Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF (LEND)Source: Shutterstock Expense Ratio: 0.65%The Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF (NYSEARCA:LEND) debuted last week, making it the newest member of the fintech ETF fray. LEND targets the CrowdBureau Peer-to-Peer (P2P) Lending & Equity Crowdfunding Index.That benchmark "is comprised of companies that 1) operate the platforms that facilitate P2P lending and investment-based crowdfunding, and 2) provide the technology & software that enable the operation of these platforms," according to Amplify ETFs.Much like IPAY, LEND is a niche fintech ETF with focus being crowdfunding and peer-to-peer lending. More than the other funds highlighted here, LEND provides exposure to ex-U.S. fintech opportunities by allocating half its weight to emerging markets stocks.LEND is heavily allocated to just three stocks -- LendingTree (NASDAQ:TREE), Qudian (NYSE:QD) and LexinFintech Holdings (NASDAQ:LX). That trio combines for nearly 52% of the new fintech ETF's weight."Crowdfunding is an umbrella term generally referring to the financing method, typically internet-based, by which capital is raised through the solicitation of small individual investments or contributions from a large number of persons, entities or institutions that lend money directly or indirectly to businesses or consumers," according to Amplify. Tortoise Digital Payments Infrastructure Fund (TPAY)Source: Shutterstock Expense Ratio: 0.4%Having debuted in February, the Tortoise Digital Payments Infrastructure Fund (CBOE:TPAY) is one of the newer fintech ETFs and one of the group's hidden gems. TPAY tracks the Tortoise Global Digital Payments Infrastructure Index, giving the fund a fairly broad fintech reach.TPAY's underlying index is "comprised of companies that are materially engaged in digital payments, including merchant processing and settlement, real time record keeping, settlement networks, and Fintech products/services that facilitate the ease, efficiency, and speed of electronic transactions," according to Tortoise. * 7 Cloud Stocks to Buy on Overcast Days Due in part to a significantly lower fee, TPAY could be a credible alternative to the aforementioned IPAY because, by weight, the overlap between those two fintech ETF is 68%. ARK Fintech Innovation ETF (ARKF)Source: Shutterstock Expense Ratio: 0.75%The ARK Fintech Innovation ETF (NYSEARCA:ARKF) also debuted in February and this actively managed fintech ETF is off to an impressive start, having already accumulated $57 million in assets under management. That is an impressive sum for a thematic ETF that is just 90 days old. ARKF is an actively managed fund. In some cases, that would not be a selling point, but several of ARK's other actively managed ETFs have stellar track records of soundly beating broader equity benchmarks.Typically, ARKF will hold between 35 and 55 stocks. On the lower end, that is mostly inline with other fintech ETFs, but on the higher end, ARKF could periodically have a larger roster than rival fintech ETFs. An advantage of ARKF being actively managed is that although its roster is unlikely to significantly exceed 55 stocks, the fund's fintech reach is broad and includes blockchain, funding platforms, risk transformation and other fintech niches that are not represented in all of the aforementioned funds.ARKF's largest holding is Square, but the fund also features Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) among its top 10 holdings. Those companies have significant mobile payments exposure. Apple is even getting into the credit card business, but the fintech footprints of Apple and Amazon are usually ignored by passively managed fintech ETFs.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post 5 Fantastic Fintech ETFs to Consider appeared first on InvestorPlace.

  • ETF Trends

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    7 Disruptive Tech ETFs to Buy

    Investors looking to future-ize their portfolios often turn to the technology sector and the related ETFs.Traditional technology ETFs are usually home to the sector's largest names, such as Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and others. There is nothing wrong with that strategy. After all, even large- and mega-cap tech companies are still innovating. Plus, investing in tech ETFs that focus on the sector's biggest names can reduce some of the volatility associated with the sector.For investors willing to take on a bit more risk in search of true disruption in the tech space, there are a slew of thematic tech ETFs that offer dedicated exposure to some of the most compelling tech themes; exposure that is hard to come by in traditional tech ETFs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks Sitting on Huge Piles of Cash Investors wanting to focus on tomorrow's disruptive themes today, should consider the following disruptive tech ETFs, some of which are already delivering stellar performances. ALPS Disruptive Technologies ETF (DTEC)Expense ratio: 0.50% per year, or $50 on a $10,000 investment.When it comes to disruptive tech, the ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) is one of the best ETFs. DTEC's status as one of the best tech ETFs for the disruptive trends of tomorrow is simple: this fund does not force investors to pick a specific niche or theme to focus.Rather, DTEC equally weights 10 fast-growing themes, including 3D printing, big data, healthcare innovation, Internet of Things (IoT) and mobile payments, among others."Disruptive technologies are impacting our day to day lives dramatically, and are forcing industries to change the way they do business," according to ALPS.DTEC's approach is working. Granted it does not sound like much, but this tech ETF is up 3.87% over the past year compared to 1.46% for the large- and mega-cap heavy Nasdaq-100 Index. Global X Internet of Things ETF (SNSR) Expense ratio: 0.68% per year, or $68 on a $10,000 investment.As noted above with DTEC, IoT is an important disruptive theme. It has already arrived, and few traditional tech ETFs offer adequate exposure to IoT's explosive investment potential. For investors wanting a dedicated IoT play, the Global X Internet of Things ETF (NASDAQ:SNSR) is the tech ETF to buy.SNSR, which debuted in September 2016, follows the Indxx Global Internet of Things Thematic Index. IoT "includes the development and manufacturing of semiconductors and sensors, integrated products and solutions, and applications serving smart grids, smart homes, connected cars, and the industrial internet," according to Global X.Up 16% this year, SNSR is knocking on the door of being one of 2019's best-performing ETFs and there is plenty to like with this tech ETF. * 7 Retail Stocks Winning in 2019 and Beyond "Forecasts expect 20.4 billion connected devices to be online by 2020 with $1.4 trillion in worldwide annual spending on IoT hardware, software and services by 2021," according to Global X research. ARK Fintech Innovation ETF (ARKF)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.Barely more than a month old, the ARK Fintech Innovation ETF (NYSEARCA:ARKF) is one of the newest disruptive tech ETFs. The fund's infant status should be a deterrent to investors, but data suggests it's not as ARKF is already home to nearly $53 million in assets under management following its February 4 debut."In short order thanks to impressive investor demand and averaging more than 32,000 shares traded daily on average since the launch, the fund has already grown to be the fifth largest ETF in the ARK ETF family," said Paul Weisbruch, head of ETF sales and trading at Dallas-based Esposito Securities, in a note out Tuesday.ARKF is actively managed and is the second dedicated fintech ETF in the U.S. DTEC also has fintech exposure and there is a mobile payments ETF, so ARKF has some entrenched competition, but its fast start could be a sign of more positive things to come. BlueStar Israel Technology ETF (ITEQ)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.As its name implies, the BlueStar Israel Technology ETF (NYSEARCA:ITEQ) is an Israel fund and a tech ETF. This is a meaningful combination because Israel is one of the dominant forces on the global technology stage.Technology is arguably the heartbeat of Israel's economy as highlighted by a 30.63% tech weight in the MSCI Israel Capped Investable Market Index. The emphasis on tech is meaningful for ITEQ investors. Since inception, this tech ETF is higher by 48.50% (as of Feb. 28), beating the MSCI Israel Capped Investable Market Index by a margin of better than 4-to-1. * 7 Dark Horse Stocks That Deserve Your Attention in 2019 "ITEQ provides exposure to the technology themes of tomorrow(Including cyber security, autonomous driving, artificial intelligence, cleanTech, defenseTech, 3D printing)," according to the issuer. Defiance Next Gen Connectivity ETF (FIVG) Expense ratio: 0.30% per year, or $30 on a $10,000 investment.Having debuted earlier this month, the Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) is the first dedicated 5G and the newest tech ETF highlighted here.The Defiance Next Gen Connectivity ETF is the first ETF to emphasize securities whose products and services are predominantly tied to the development of 5G networking and communication technologies," according to a statement from Defiance ETFs.Much like some of the other themes discussed here, 5G has disruptive traits and the potential to deliver big opportunity for investors due to its reach across multiple industries and themes."From smart care to augmented reality/virtual reality functions; from manufacturing to the automotive industry to medicine and healthcare, the impact of 5G could be felt across many spheres, including Enhanced MobileBroadband (EMBB), Massive Internet of Things (MIoT) and Mission CriticalServices (MCS)," according to Defiance. ARK Innovation Fund (ARKK)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.The actively managed ARK Innovation Fund (NYSEARCA:ARKK) is home to $1.09 billion in assets under management, making it one of ARK's largest ETFs. Though not an exact replica, this tech ETF is similar to the aforementioned DTEC in provides exposure to multiple disruptive themes under the umbrella of one fund.ARKK holdings include DNA technologies, industrial innovation in energy, automation and manufacturing, the increased use of shared technology, infrastructure and services (''Next Generation Internet')" as well as fintech firms, according to the issuer. * 3 Tech Stocks to Sell in March While there are plenty of tech ETFs with lower fees than ARKK, this fund's management team is more than earning that fee. Over the past 36 months, this tech ETF is up nearly 171%. To put that into context, the gains of the Nasdaq-100 and S&P 500 Technology indexes combined over that same period do not equal ARKK's performance. In fact, the gap almost 2,000 basis points. Global X Longevity Thematic ETF (LNGR)Expense ratio: 0.68% per year, or $68 on a $10,000 investment.Disruptive tech ETFs do not always have to be actual tech ETFs. The Global X Longevity Thematic ETF(NASDAQ:LNGR) proves as much. There are elements of innovation and technology throughout the healthcare sector and LNGR reflects as much.Notably, LNGR has a 36.41% weight to healthcare equipment stocks, one of the best-performing and fastest-growing segments of the broader healthcare sector. Aging populations through many major economies are an important fundamental driver of LNGR's long-term thesis."Demand for senior assistance tools like walkers and pacemakers, and even new technologies like wearables and robot assistants, are expected to grow substantially," according to Global X research. "While wearables have captured the attention of younger generations, there are ample use cases for seniors, such as monitoring their health or contacting emergency services."Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post 7 Disruptive Tech ETFs to Buy appeared first on InvestorPlace.

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