Video Article: ARK’s Space ETF
The ARK Space ETF ARKX is one of ARK’s thematic ETFs, albeit one of the least popular. We also think $ARKX is the least compelling based on the top-ten constituents. That’s not ARK’s fault though, because there aren’t many great pure-play space stocks out there. We cover 27 space stocks in our tech stock catalog, but we’re only holding one. We “like” a few others, but the rest we’re avoiding. The main takeaway here is that we don’t think ARKX provides enough pure-play exposure to space stocks, and that NewSpace investors would be better served cherry picking some pure play stocks. Note that space – along with 3D printing – is a theme that’s difficult to invest in because the thesis is changing all the time while the companies on offer aren’t all that great.
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