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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 Wed, Nov 20
Price10.70
Volume154k
Avg Vol103k
RSf62.2
$Vol(21d)2m
52 wk High11.19
52 wk Low8.04
Yield(ttm)36.42%
Inception:Nov 2022
Total Returns:
1 day-0.7%
5 day-0.7%
1 month6.8%
3 month9.5%
6 month8.3%
9 month7.7%
1 year16.4%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
ARK Innovation ETFARKK0.88  
AXS 2X Innovation ETFTARK0.88  
Fidelity Enhance Mid Cap ETFFMDE0.87  
ARK Web x.0 ETFARKW0.84  
Ark Fintech Innovation ETFARKF0.83  
Fidelity MSCI Consumer DiscretionaryFDIS0.80  
Vanguard Consumer Discretionary VIPERsVCR0.79  
SPDR Kensho New Economies Composite ETFKOMP0.79  
First Trust High Income ETFFTHI0.79  
FlexShares Morningstar U.S. Market Factor Tilt IndTILT0.78  
Least Correlated
SPDR Portfolio Mortgage Backed BondSPMB0.01  
Vanguard Long-Term Bond ETFBLV0.00  
iShares S&P National Municipal Bond FundMUB0.00  
Capital Grp Short Dur Income ETFCGSD0.00  
JPMorgan Short Duration Core Plus ETFJSCP-0.00  
Vanguard Intermediate-Term Bond ETFBIV-0.00  
AdvisorShares MSOS 2x DailyMSOX-0.00  
Vanguard Total Bond Market ETFBND-0.01  
iShares iBonds Dec 2025 Corp ETFIBDQ-0.01  
iShares Core Total US Bond Mkt ETFAGG-0.01  
Most Inversely Correlated
Proshares Short Russell 2000RWM-0.71  
ProShares UltraPro Short Russell2000SRTY-0.71  
Direxion Daily DJ Internet Bear 3xWEBS-0.72  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.74  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.75  
Direxion S&P 500 Bear 3X SharesSPXS-0.75  
ProShares Short S&P 500SH-0.75  
ProShares UltraPro Short S&P 500SPXU-0.76  
Proshares UltraShort S&P500SDS-0.76  
Tuttle Capital Short Innovation ETFSARK-0.87  
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: 2024-11-15.


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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