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ARK Next Generation Internet (ARKW)Overvalued or undervalued?
Look-through valuation · Theme · Expense ratio 0.87 % · ISIN US00214Q4010
Price history (since 2014)
Monthly close since 2014. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Tesla Inc TSLA | 7.4 % | −88.6 % | 40 |
| Robinhood Markets Inc HOOD | 5.1 % | −61.1 % | 65 |
| Circle Internet Group, Inc. CRCL | 4.6 % | −88.6 % | 40 |
| Space Exploration Technologies Corp. Class A Common Stock SPCX | 4.4 % | n/a | n/a |
| Advanced Micro Devices Inc AMD | 4.4 % | −80.0 % | 75 |
| Meta Platforms Inc. META | 4.2 % | +10.0 % | 66 |
| Coinbase Global Inc COIN | 4.0 % | −27.5 % | 53 |
| Shopify Inc SHOP | 3.7 % | −54.8 % | 66 |
| Amazon.com Inc AMZN | 3.6 % | −48.9 % | 56 |
| CoreWeave, Inc. Class A Common Stock CRWV | 3.5 % | −17.4 % | 19 |
| Block, Inc XYZ | 3.4 % | +35.6 % | 64 |
| NVIDIA Corporation NVDA | 3.3 % | −12.0 % | 74 |
| Alphabet Inc Class C GOOG | 3.3 % | n/a | n/a |
| Cerebras Systems Inc. Class A Common Stock CBRS | 2.6 % | −63.9 % | 49 |
| Palantir Technologies Inc. PLTR | 2.6 % | −77.6 % | 69 |
| Broadcom Inc AVGO | 2.3 % | −14.6 % | 71 |
| Cloudflare Inc NET | 2.3 % | −95.5 % | 33 |
| BitMine Immersion Technologies, Inc. BMNR | 2.2 % | n/a | n/a |
| Roblox Corp RBLX | 2.2 % | −6.1 % | 39 |
| Datadog Inc DDOG | 2.2 % | −86.9 % | 56 |
| Taiwan Semiconductor Manufacturing TSM | 2.1 % | +11.3 % | 78 |
| Crowdstrike Holdings Inc CRWD | 2.1 % | −86.6 % | 49 |
| Rubrik, Inc. RBRK | 1.9 % | −78.2 % | 46 |
| Bullish BLSH | 1.8 % | n/a | n/a |
| Gitlab Inc GTLB | 1.6 % | −22.7 % | 58 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 36 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about ARKW
Is ARKW overvalued?
What is the fair value of ARKW?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of ARKW?
What is the expense ratio of ARKW?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives ARK Next Generation Internet ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.