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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 Tue, Nov 12
Price10.98
Volume699k
Avg Vol97k
RSf73.8
$Vol(21d)2m
52 wk High11.17
52 wk Low8.04
Yield(ttm)35.49%
Inception:Nov 2022
Total Returns:
1 day-1.4%
5 day8.1%
1 month9.6%
3 month16.2%
6 month13.6%
9 month12.8%
1 year26.3%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
AXS 2X Innovation ETFTARK0.88  
ARK Innovation ETFARKK0.88  
ARK Web x.0 ETFARKW0.85  
Ark Fintech Innovation ETFARKF0.84  
Fidelity Enhanced Lg Cap Core ETFFELC0.82  
First Trust High Income ETFFTHI0.81  
Fidelity Enhance Mid Cap ETFFMDE0.80  
Vanguard Consumer Discretionary VIPERsVCR0.80  
Fidelity MSCI Consumer DiscretionaryFDIS0.79  
iShares Russell 3000 Index FundIWV0.79  
Least Correlated
PIMCO 1-5 Year U.S. TIPS Index FundSTPZ0.00  
Schwab U.S. Aggregate Bond ETFSCHZ0.00  
Vanguard Total Bond Market ETFBND0.00  
US Oil Fund ETFUSO0.00  
PIMCO Total Return ETFBOND-0.00  
iShares S&P New York Municipal Bond FundNYF-0.00  
SPDR Nuveen S&P High Yield Muni Bond ETFHYMB-0.00  
Fidelity Low Duration Bond Factor ETFFLDR-0.00  
BNY Mellon Core Bond ETFBKAG-0.00  
Fidelity Investment Grade Securitized ETFFSEC-0.00  
Most Inversely Correlated
Proshares UltraShort QQQQID-0.72  
ProShares UltraPro Short QQQSQQQ-0.72  
Direxion Daily DJ Internet Bear 3xWEBS-0.74  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.75  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.77  
ProShares Short S&P 500SH-0.77  
Direxion S&P 500 Bear 3X SharesSPXS-0.77  
ProShares UltraPro Short S&P 500SPXU-0.77  
Proshares UltraShort S&P500SDS-0.77  
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: 2024-11-08.


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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