ARKW ETF — ARK Next Generation Internet ETF

ARK Next Generation Internet ETF (ARKW)

ARKW is an ETF. its distribution rate is 1.15%, its trailing-12-month yield is 1.42%, its expense ratio is 0.76%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 932.4% over the past 12 years, 553.3 points ahead of SPY at 379.1%.

ARK Next Generation Internet ETF is an actively managed fund that invests primarily in domestic and foreign equity securities of companies positioned to benefit from cloud computing, artificial intelligence, big data, and blockchain technology. The fund has a modest current distribution rate and does not maintain a regular distribution schedule, though it has made special distributions in the past that may not recur; it carries an expense ratio of 0.76%. The fund appeals to investors seeking exposure to next-generation internet innovation rather than those prioritizing steady income.

ARKW performance versus SPY

Price and return data through 2026-09-21.

Total return is 932.4% over the past 12 years, 553.3 points ahead of SPY at 379.1%. Over the past year its total return — price change plus distributions reinvested — is -3.1%. Its deepest 1-year drawdown was 36.2%.

ARKW key facts

Distribution Safety Score™

50 · Unproven

Issuer

ARK Invest

Asset type

ETF

Asset class

Equity

Inception date

09/30/2014

Expense ratio

0.76%

Distribution rate

1.15%

Distribution frequency

Annual

Trailing yield

1.42%

Last close

$165.24 (as of 2026-09-21)

NAV

$159.06

Premium / discount

3.89% premium

AUM

$1,805,847,924

Average volume

100916.0

Last dividend

$2.352

Last ex-dividend date

12/26/2025 (as of 2025-12-26)

Last payment date

12/29/2025 (as of 2025-12-29)

Beta

2.3

P/E ratio

37.4733

How Dividend Vision calculates yield and returns

Distribution rate (1.15%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.42%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ARK Invest; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ARKW risks and drawbacks

ARKW's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 36.2%.

Who may consider ARKW — and who may not

It is a weaker fit for investors who need monthly cash flow (ARKW pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from ARK Invest.