New ARK ETF joins sinking fleet

Cathie Wood's stumbling ARKs may have leaked $7.6 billion of net outflows over the past 8 months, but that did not stop her launching a new ETF to join the sinking fleet. The ARK Transparency ETF (CTRU) is ARK Invest's ninth ETF overall and third index ETF to hit the market. CTRU began trading on December 8th on the Cboe BZX, charging an annual fee of 0.55%.

The fund tracks the Transparency Index (TRANSPCY), which is designed to track the stock price movements of the 100 most transparent companies in the world with focus on higher environmental, social and governance standards. According to ARK Invest, transparency improves the performance of companies while benefiting the well-being of people and implies openness, communication, accountability and trust. As per the fact sheet, CTRU will not invest in pre-revenue companies and aims for companies with a minimum of $1 billion market capitalization.

In terms of regional exposure, North America has the lion's share (83%), followed by Western Europe (9%) and Asia Pacific (3.7%). As of December 10th, CTRU's top holdings include Nvidia (1.46%), MaxLinear (1.44%), Enphase Energy (1.43%), Teradyne (1.42%), Cloudflare (1.33%), HP (1.31%), among others.

Find and compare over 8,000 ETFs with our free tools:  

• ETF Screener  
• ESG Investing 
• Thematic Investing
• Download Trackinsight Global ETF Survey 2021  

Interested in seeing lists of top performing ETFs? Check out our new Investing Guides:

• Gold ETFs
• Silver ETFs
• Commodity ETFs
• Oil ETFs
• ESG ETFs