What is arkq (arkq)?

ARKQ is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation.

Why is ARK Autonomous Technology & Robotics ETF downgraded?

A lowering of its Process Pillar rating is the primary driver of ARK Autonomous Technology& Robotics ETF's downgrade to a Morningstar Medalist Rating of Negative from Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers. Transparency is our policy.

What are autonomous technology and robotics companies?

Autonomous technology and robotics companies are companies that the Adviser believes are expected to focus on, among other things, disruptive innovation in automation and manufacturing, transportation, energy, artificial intelligence, and materials. Past performance does not guarantee future results.