ARK Next Generation Internet ETF

ARK Next Generation Internet ETF (ARKW) is an actively managed equity ETF from ARK Invest that seeks long-term capital growth by focusing on companies tied to the “next generation internet” theme—commonly cloud/software, digital platforms and e-commerce, mobile innovation, fintech, AI, and other technologies reshaping how consumers and businesses operate online. The fund typically invests at least 80% of its assets in companies relevant to that theme and runs a relatively concentrated portfolio (ARK notes a typical range of ~35–55 holdings), with positioning that can shift meaningfully as ARK updates its views on innovation and valuation; its expense ratio is 0.76% per year.