Cathie Wood's ARKK Sinks Nearly 8% On The Week- ETF Winners And Losers: Mid-Cap Returns

We performed a screening of mid-cap ETFs, defined as having Assets Under Management (AUM) between $2 billion and $10 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

Global X Uranium ETF URA

URA is up 4.59% over the trailing week.

The Global X Uranium ETF offers exposure to companies that deal with uranium mining, refining, and handling. It is slightly more weighted toward larger cap companies than URNM.

The fund has $2.06 billion in AUM and an expense ratio of 0.69%. URA has holdings in 47 companies, with the 10 largest comprising 68.24% of the fund.

The fund’s largest holdings are Cameco Corporation CCJ and Sprott Physical Uranium Trust (TSE: U.U) making up 23.39% and 10.84% of the fund, respectively.

URA is up 39.49% YTD.

J.P. Morgan Alerian MLP Index ETN AMJ

AMJ was down 1.56% on the week.

The J.P. Morgan Alerian MLP Index ETN offers exposure to the energy MLP sector. MLPs are an attractive investment because they are structured as partnerships and are, therefore, not subject to a corporate tax at both the state and federal levels.

The fund has $2.92 billion in AUM and an expense ratio of 0.85%. AMJ has holdings in 35 companies, with the 10 largest comprising 58.24% of the fund.

The fund’s largest holdings are Magellan Midstream Partners LP MMP and Enterprise Products Partners LP EPD making up 10.06% and 10.02% of the fund, respectively.

YTD, AMJ is up 13.66%.

Losers

ARK Innovation ETF ARKK

ARKK was down 7.64% on the week.

The ARK Innovation ETF is Cathie Wood’s flagship ETF. The fund invests in “disruptive” companies defined as those companies that introduce a technologically enabled new product or service that potentially changes the way the world works.

ARKK has $6.72 billion in AUM and an expense ratio of 0.75%. The fund has holdings in 32 companies, with the 10 largest comprising 61.48% of the fund.

The fund’s largest holdings are Tesla, Inc. TSLA and Zoom Video Communications, Inc. Class A ZM making up 10.92% and 8.23% of the fund, respectively.

YTD, ARKK is up 25.22%.

Vanguard Extended Duration Treasury ETF EDV

EDV is down 6.76% over the trailing week.

The Vanguard Extended Duration Treasury ETF provides exposure to long-dated US treasuries. The maturity dates range from 20 to 30 years.

The fund has $2.18 billion in AUM and an expense ratio of .06%.

EDV is down 13.39% YTD.

Featured photo by Elias Null on Unsplash