How to Invest in ARK Autonomous Technology & Robotics ETF (ARKQ)

By Scott Levine – Updated Sep 11, 2024 at 8:04 PM

Key Points

ARK Autonomous Technology & Robotics ETF offers diversified exposure to autonomous tech and robotics, focusing on growth stocks.
The fund's major holdings include influential sectors, like autonomous vehicles, which are projected to grow at a 21.9% CAGR until 2030.
The ETF lacks dividend payouts and has a 0.75% expense ratio, a potential concern for cost-sensitive investors.

While investors closely monitor Cathie Wood's stock picks, they also pay attention to the exchange-traded funds (ETFs) ARK Invest manages, like the ARK Autonomous Technology & Robotics ETF (ARKQ -0.30%). Since September 2014, the fund has been an option for growth-focused ETF investors.

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Exchange-Traded Fund (ETF)

An exchange-traded fund, or ETF, allows investors to buy many stocks or bonds at once.

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NYSEMKT: ARKQ

Ark ETF Trust - Ark Autonomous Technology & Robotics ETF

Today's Change

(-0.30%) $-0.36

Current Price

$118.65

Key Data Points

Market Cap

$0B

Day's Range

$117.42 - $119.70

52wk Range

$55.53 - $124.18

Volume

Avg Vol

Gross Margin

0.00%

Dividend Yield

N/A

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Image of the step-by-step process for buying stock through Fidelity. — Image source: Fidelity.

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Expense Ratio

A percentage of mutual fund or ETF assets deducted annually to cover management, operational, and administrative costs.

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Data source: YCharts. Returns as of Sept. 7, 2024.
Fund	1-Year	3-Year	5-Year
ARK Autonomous Technology & Robotics ETF	(4%)	(38.4%)	64.4%
S&P 500 Index	21.1%	19.3%	81.6%

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The bottom line on ARK Autonomous Technology & Robotics ETF

People who count themselves among the early investors of the ARK Autonomous Technology & Robotics ETF have enjoyed significantly better returns than those who have only recently gained positions. It's important to acknowledge, though, that the industry is far from mature, and there's plenty of growth yet to be recognized from the burgeoning field.

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Consequently, investors who decide to gain positions in the ARK Autonomous Technology & Robotics ETF should be patient and not expect to recognize market-beating returns in the short term. Investors should also appreciate that the ARK Autonomous Technology & Robotics ETF is merely one option among many ETFs that could be worth holding for the long term.

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About the Author

Scott Levine is a contributing Motley Fool stock market analyst covering energy, industrials, technology, and materials. He is also a high school English teacher and a small business owner. He holds a bachelor’s degree in English and creative writing from Binghamton University, a master’s degree in secondary education from Adelphi University, and an advanced certificate in school building leadership from CUNY Queens College. A crossword puzzle enthusiast, he has solved more than 3,100 New York Times puzzles with a 97% solve rate.

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