ARKY ETF — Holdings & Analysis

The EA Series Trust ARK 21Shares Active Bitcoin & Ether Futures Strategy ETF (ARKY) is an actively managed fund seeking to outperform Bitcoin returns over a market cycle.

With approximately $0.00B in Assets Under Management (AUM) and a high expense ratio of 1.00%, ARKY dynamically allocates between Bitcoin and Ether futures contracts based on assessments from its sub-adviser, 21Shares US LLC. ARK Investment Management LLC provides non-discretionary advice related to the spot Bitcoin and Ether markets. ARKY is a non-diversified fund.

EA Series Trust ARK 21Shares Ac (ARKY) ETF — Price, Holdings & Analysis

The EA Series Trust ARK 21Shares Active Bitcoin & Ether Futures Strategy ETF (ARKY) is an actively managed fund seeking to outperform Bitcoin returns over a market cycle. With approximately $0.00B in Assets Under Management (AUM) and a high expense ratio of 1.00%, ARKY dynamically allocates between Bitcoin and Ether futures contracts based on assessments from its sub-adviser, 21Shares US LLC. ARK Investment Management LLC provides non-discretionary advice related to the spot Bitcoin and Ether markets. ARKY is a non-diversified fund.

ETF Overview

The fund is an actively managed exchange-traded fund. Under normal conditions, the fund seeks to outperform the returns of bitcoin over a market cycle by dynamically allocating its assets between bitcoin futures contracts and ether futures contracts. Allocations are determined based on the assessment of the fund’s sub-adviser, 21Shares US LLC (“21Shares”). ARK Investment Management LLC (“ARK”), the fund’s sub-subadviser, provides non-discretionary advice to 21Shares related to the spot bitcoin market and spot ether market. The fund is non-diversified.

ARKY is designed for investors seeking exposure to Bitcoin and Ether futures contracts through an actively managed strategy. The fund aims to outperform Bitcoin returns by dynamically allocating its assets between Bitcoin and Ether futures. The allocations are determined by 21Shares US LLC, with ARK Investment Management LLC providing guidance on the spot markets. ARKY's strategy involves actively managing the allocation between these two leading cryptocurrencies, seeking to capitalize on market trends and opportunities. As of today, the fund's top holdings include Ark 21Shares Active Bitcoin Futs StgyETF (ARKA) at 83.11% and ARK 21Shares Active Ethereum FutsStgyETF (ARKZ) at 16.42%. A small portion, 0.50%, is held in First American Government Obligs X (FGXXX). The fund's sector allocation is entirely in Cash & Others, reflecting its focus on futures contracts rather than direct equity investments. This ETF is non-diversified, meaning it concentrates its investments in a limited number of assets, which can lead to higher volatility.

Risk Metrics

ARKY presents several risks to investors. Its non-diversified nature concentrates risk, as a significant portion of the fund is invested in a small number of holdings; primarily ARKA and ARKZ. The high expense ratio of 1.00% can create a significant drag on performance, especially when compared to passively managed cryptocurrency ETFs. The fund's beta is currently 0.00, but this may not accurately reflect its future volatility, especially given its active management and focus on the highly volatile cryptocurrency market. Furthermore, the fund's reliance on futures contracts introduces additional risks, such as contango and backwardation, which can impact returns. The fund's sector allocation is entirely in Cash & Others, which may not provide the diversification benefits typically associated with broader market exposure. Investors should be aware of these risks before considering an investment in ARKY. Past performance does not guarantee future results.

Expense Ratio

1.00%

What does ARKY hold?

Holding	Weight
Ark 21Shares Active Bitcoin Futs StgyETF (ARKA)	83.11%
ARK 21Shares Active Ethereum FutsStgyETF (ARKZ)	16.42%
First American Government Obligs X (FGXXX)	0.50%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

22.73%

State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is ARKY and what does it track?

ARKY, the EA Series Trust ARK 21Shares Active Bitcoin & Ether Futures Strategy ETF, is an actively managed fund that aims to outperform the returns of Bitcoin over a market cycle.

It achieves this by dynamically allocating its assets between Bitcoin futures contracts and Ether futures contracts.

What is the expense ratio for ARKY?

The expense ratio for ARKY is 1.00%. This means that for every $1000 invested in the fund, $10 is used to cover the fund's operating expenses.

This expense ratio is significantly higher than the average expense ratio for equity ETFs, which is around 0.44%. Investors should consider this higher expense ratio when evaluating the potential returns of ARKY, as it can impact overall performance.

What are the top holdings in ARKY?

As of today, the top holdings in ARKY are: 1) Ark 21Shares Active Bitcoin Futs StgyETF (ARKA), comprising 83.11% of the portfolio; 2) ARK 21Shares Active Ethereum FutsStgyETF (ARKZ), accounting for 16.42%; and 3) First American Government Obligs X (FGXXX),…

which makes up 0.50% of the fund.

Is ARKY a good long-term investment?

Whether ARKY is a suitable long-term investment depends on an investor's risk tolerance and investment goals. The fund's active management and focus on Bitcoin and Ether futures contracts introduce both opportunities and risks.

The high expense ratio of 1.00% can be a drag on long-term performance. Investors should carefully consider their own investment objectives and risk appetite before investing in ARKY. Past performance does not guarantee future results.

How does ARKY compare to similar ETFs?

ARKY differentiates itself through its active management strategy, focusing on Bitcoin and Ether futures contracts. Many similar ETFs in the cryptocurrency space are passively managed, tracking the price of Bitcoin directly or through futures.

ARKY's expense ratio of 1.00% is higher than many passively managed cryptocurrency ETFs.

Does ARKY pay dividends?

Yes, ARKY has a dividend yield of 22.73%. This dividend yield may fluctuate depending on the fund's performance and income generated from its holdings.

It's important to note that the dividend yield may not be representative of future payouts, as it can be influenced by various factors, including changes in the fund's investment strategy and market conditions. Investors should review the fund's dividend history and prospectus for more information.