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YieldMax Innovation Option Income Strat (OARK) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price11.00
Volume187k
Avg Vol124k
RSf25.8
$Vol(21d)1m
52 wk High12.62
52 wk Low9.60
Yield(ttm)42.70%
Inception:Nov 2022
Total Returns:
1 day-2.9%
5 day-3.9%
1 month-7.9%
3 month-4.9%
6 month7.5%
9 month4.6%
1 year19.5%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
ARK Innovation ETFARKK0.93  
AXS 2X Innovation ETFTARK0.91  
ARK Web x.0 ETFARKW0.91  
Renaissance IPO ETFIPO0.89  
Ark Fintech Innovation ETFARKF0.89  
SPDR Kensho New Economies Composite ETFKOMP0.86  
Global X FinTech ETFFINX0.86  
SPDR S&P Software & Services ETFXSW0.83  
ARK Industrial Innovation ETFARKQ0.83  
Vanguard Small-Cap GrowthVBK0.81  
Least Correlated
iShares Short Maturity MuniMEAR0.01  
United States Commodity Index FundUSCI0.01  
United States GasolineUGA0.01  
SPDR Blmbrg Barclays 3-12 Month T-BillBILS0.00  
Panagram BBB-B CLO ETFCLOZ0.00  
Invesco AAA CLO Floating Rate ETFICLO0.00  
VanEck CLO ETFCLOI-0.00  
NEOS Enhncd Income Cash AltCSHI-0.01  
Invesco Short Term TreasuryTBLL-0.01  
Alpha Architect 1-3 Month Box ETFBOXX-0.03  
Most Inversely Correlated
Direxion Daily S&P Biotech Bear 3X ETFLABD-0.66  
Direxion Daily DJ Internet Bear 3xWEBS-0.69  
Active Bear ETF HDGE-0.72  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.73  
Direxion Small Cap Bear 3X SharesTZA-0.77  
ProShares UltraPro Short Russell2000SRTY-0.77  
Proshares Short Russell 2000RWM-0.77  
Proshares UltraShort Russell2000TWM-0.77  
QuantShares U.S. Mkt Neutral Anti-Beta ETFBTAL-0.77  
Tuttle Capital Short Innovation ETFSARK-0.92  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-05-10.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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