ETF Returns: Small-Cap Winners And Losers

We performed a screening of small-cap ETFs - defined as having Assets Under Management (AUM) between $300 million and $2 billion - to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered. 

Winners

ARK Next Generation Internet ETF ARKW

ARKW is up 4.04% over the trailing week.

ARK Next Generation Internet ETF invests in companies that are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media.

ARKW has $1.39 billion in AUM and an expense ratio of 0.88%. The fund has holdings in 34 companies, with the 10 largest comprising 63.6% of the fund.

The fund’s largest holdings are Coinbase Global, Inc. Class A COIN and Tesla, Inc. TSLA making up 8.66% and 7.66% of the fund, respectively.

ARKW is up 51.49% YTD.

ARK Fintech Innovation ETF ARKF

ARKF is up 3.72% on the week.
ARK Fintech Innovation ETF invests in companies involved in fintech innovation. ARK defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, including but not limited to Transaction Innovations, Blockchain Technology, Risk Transformation Frictionless, Funding Platforms, Customer Facing Platforms, and New Intermediaries.

The fund has $907.9 million in AUM and an expense ratio of 0.75%. ARKF has holdings in 31 companies, with the 10 largest comprising 65.73% of the fund.

ARKF’s largest holdings are Shopify, Inc. Class A SHOP and Coinbase Global, Inc. Class A COIN making up 11.02% and 10.52% of the fund, respectively.

ARKF is up 46.39% YTD.

Losers

KraneShares Global Carbon Strategy ETF KRBN

KRBN is down 6.97% on the week.

The KraneShares Global Carbon Strategy ETF is benchmarked to IHS Markit’s Global Carbon Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. KRBN is the first, largest, and most liquid publicly listed carbon allowance ETF in the world.

The fund has $5.76 million in AUM and an expense ratio of .78%.

KRBN’s largest holdings are a State Street money market fund and EU and California Carbon Allowances.

KRBN is up 3.18% YTD.

Invesco DB Agriculture Fund DBA

DBA is down 4.88% on the week.

The Invesco DB Agriculture Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Diversified Agriculture Index Excess Return plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures.

The fund has $847.7 million in AUM and an expense ratio of .91%. 

DBA’s largest holdings are US Government T-Bills and commodity futures, most notably sugar, which accounts for 16.05% of NAV.

DBA is up 4.47% YTD.

Featured photo by Joshua Golde on Unsplash