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ARK Space & Defense Innovation ETF (ARKX)

Technology | Exchange Traded Fund | Cboe US
32.35 USD -0.47 (-1.432%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 32.71 +0.36 (1.116%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:07 a.m. EDT

The ARK Space & Defense Innovation ETF presents a classic 'high-beta, high-concentration' dilemma. Fundamentally, the business is showing signs of life; the price has recovered significantly over the last four years, ending the period with a net gain despite two prior years of losses. The recent annual surge of nearly 74% suggests the market is finally rewarding the space and defense thesis, yet the stock remains volatile, trading well below its five-year high. The lack of a dividend is expected for this type of growth vehicle, offering no income floor. The real story here is the tension between the manager's aggressive accumulation of underlying assets like SpaceX and Nvidia versus the ETF's precarious concentration risk. News headlines highlight Cathie Wood doubling down on these mega-cap bets, which could drive the fund higher if the space economy narrative holds, but it also exposes the ETF to the specific fortunes of a few companies. The options market reflects this anxiety: traders are buying protection far out in the wings while simultaneously betting on a potential breakout to the upside in the coming months. While the statistical forecast models are too noisy to trust, the price action and the manager's capital allocation suggest a continued attempt to ride the wave of the space sector. It is a speculative play on innovation with no safety net, suitable only for investors who can stomach the swings inherent in a portfolio built on future promises.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.123666
AutoARIMA0.144134
AutoETS0.144405
MSTL0.157134

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 5.84
Ljung-Box p 0.000
Jarque-Bera p 0.439
Excess Kurtosis -0.91
Attribute Value
Trailing P/E 35.68

As of Aug. 22, 2026, 1:07 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional bet. In the near term (August expiration), there is heavy put volume at strikes significantly out-of-the-money (37, 38, 45), suggesting a fear of a sharp drop or a speculative trade for a massive crash. Conversely, call interest is concentrated at the money and slightly out-of-the-money (33, 35, 36), indicating a baseline expectation of holding value or modest gains. Looking further out to November and February, the skew flips dramatically: massive call open interest builds up at deep out-of-the-money strikes (38, 39, 50), while put activity remains focused closer to current prices. This structure implies the market is pricing in a high-probability scenario of moderate stability now, but a non-negligible chance of a substantial rally later in the year, balanced against a specific fear of a sudden downside event in the immediate weeks.


Info Dump

Attribute Value
All Time High 37.89
All Time Low 11.77
Ask 32.4
Ask Size 200
Average Daily Volume10 Day 490,670
Average Daily Volume3 Month 1,126,690
Average Volume 1,126,690
Average Volume10Days 490,670
Beta3 Year 1.71
Bid 32.21
Bid Size 400
Category Technology
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 32.7915
Day Low 32.18
Dividend Yield 0.0
Eps Trailing Twelve Months 0.9065545
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.5062
Fifty Day Average Change -0.15620041
Fifty Day Average Change Percent -0.00480525
Fifty Two Week Change Percent 24.423075
Fifty Two Week High 37.89
Fifty Two Week High Change -5.540001
Fifty Two Week High Change Percent -0.14621274
Fifty Two Week Low 25.16
Fifty Two Week Low Change 7.1899986
Fifty Two Week Low Change Percent 0.285771
Fifty Two Week Range 25.16 - 37.89
First Trade Date Milliseconds 1,617,111,000,000
Five Year Average Return 0.0949283
Full Exchange Name Cboe US
Fullday Change -0.470001
Fullday Change Percent -1.43206
Fullday Price 32.711
Fund Family ARK ETF Trust
Fund Inception Date 1,617,062,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,021-03-30
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in its investment theme of Space Exploration and Innovation. Under normal circumstances, substantially all of the fund's assets will be invested in equity securities, including common stocks, partnership interests, business trust shares and other equity investments or ownership interests in business enterprises. It is non-diversified.
Long Name ARK Space & Defense Innovation ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_701246380
Nav Price 32.802
Net Assets 759,456,580.0
Net Expense Ratio 0.75
Open 32.68
Phone 212-426-7040
Post Market Change 0.36100006
Post Market Change Percent 1.1159198
Post Market Price 32.711
Post Market Time 1,787,961,498
Previous Close 32.82
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.470001
Regular Market Change Percent -1.43206
Regular Market Day High 32.7915
Regular Market Day Low 32.18
Regular Market Day Range 32.18 - 32.7915
Regular Market Open 32.68
Regular Market Previous Close 32.82
Regular Market Price 32.35
Regular Market Time 1,787,947,200
Regular Market Volume 331,066
Short Name ARK Space & Defense Innovation
Source Interval 15
Symbol ARKX
Three Year Average Return 0.3300096
Total Assets 759,456,576
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 35.68456
Trailing Peg Ratio None
Trailing Three Month Nav Returns -7.0735
Trailing Three Month Returns -7.0735
Triggerable 1
Two Hundred Day Average 31.9219
Two Hundred Day Average Change 0.42809868
Two Hundred Day Average Change Percent 0.013410814
Type Disp ETF
Volume 331,066
Yield 0.0
Ytd Return 5.7972