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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:
This data as of Market Close on Fri, Nov 22
Price10.85
Volume81k
Avg Vol105k
RSf60.5
$Vol(21d)2m
52 wk High11.19
52 wk Low8.04
Yield(ttm)35.92%
Inception:Nov 2022
Total Returns:
1 day1.7%
5 day4.1%
1 month8.5%
3 month9.6%
6 month11.0%
9 month6.2%
1 year17.8%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
ARK Innovation ETFARKK0.88  
AXS 2X Innovation ETFTARK0.88  
ARK Web x.0 ETFARKW0.84  
Ark Fintech Innovation ETFARKF0.83  
Fidelity MSCI Consumer DiscretionaryFDIS0.80  
Vanguard Consumer Discretionary VIPERsVCR0.79  
Direxion Dly Cnsmr Discret Bull 3X ETFWANT0.78  
First Trust High Income ETFFTHI0.78  
Select Sector SPDR Fund - Consumer DiscretionaryXLY0.78  
SPDR Kensho New Economies Composite ETFKOMP0.78  
Least Correlated
Vanguard Ultra-Short Bond ETF SharesVUSB0.00  
Fidelity Limited Term Bond ETFFLTB0.00  
ProShares K-1 Free Crude Oil Strategy ETFOILK0.00  
Goldman Sachs Treasury Access 0-1 Year ETFGBIL0.00  
ProShares UltraShort DJ-AIG Crude OilSCO0.00  
iShares Treas Float Rate Bond ETFTFLO0.00  
Vanguard Long-Term Bond ETFBLV0.00  
ProShares Ultra DJ-AIG Crude OilUCO-0.00  
Vanguard Total World Bond ETFBNDW-0.00  
iShares S&P New York Municipal Bond FundNYF-0.00  
Most Inversely Correlated
ProShares UltraPro Short Russell2000SRTY-0.70  
ProShares UltraPro Short QQQSQQQ-0.70  
Direxion Daily DJ Internet Bear 3xWEBS-0.71  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.72  
Direxion S&P 500 Bear 3X SharesSPXS-0.74  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.75  
ProShares Short S&P 500SH-0.75  
ProShares UltraPro Short S&P 500SPXU-0.75  
Proshares UltraShort S&P500SDS-0.75  
Tuttle Capital Short Innovation ETFSARK-0.88  
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: 2024-11-22.


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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