ARKX:CBOEARK Space & Defense Innovation ETF Analysis
Data as of 2026-08-13 - not real-time
$34.60
Latest Price
7/10Risk
Risk Level: Medium
Executive Summary
At $34.60, ARK Space & Defense Innovation ETF shows no decisive moving-average alignment, leaving the trend neutral. Over a rolling month the price has gained 1.4%. Relative strength is 64.4 — approaching overbought — and the MACD signal is bullish. The recent range runs from support at $29.50 up to resistance at $34.97.
The 0.75% expense ratio is middling for its category, and the fund manages $759.5M in assets.
The composite risk read is 7/10, putting it in elevated territory. With 30-day volatility of 33.0%, a beta of 1.94 and a maximum drawdown of 21.8%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — buy short-term against hold longer out, with 3/10 conviction on the long call.
The 0.75% expense ratio is middling for its category, and the fund manages $759.5M in assets.
The composite risk read is 7/10, putting it in elevated territory. With 30-day volatility of 33.0%, a beta of 1.94 and a maximum drawdown of 21.8%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — buy short-term against hold longer out, with 3/10 conviction on the long call.
Top Market Events
One targets traditional defense contractors with lower costs; other pursues speculative space tech with higher...Cathie Wood is doubling down on disruptive technology, but not where many investors might expect.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 4/10
Key Factors
- Trading above the 200-day average of 31.74
- MACD momentum is positive
- Beta of 1.94 versus the benchmark
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Trading above the 200-day average of 31.74
- MACD momentum is positive
- Beta of 1.94 versus the benchmark
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Beta of 1.94 versus the benchmark
- Maximum drawdown of 21.8%
- 30-day volatility of 33.0%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.75%
AUM$759.5M
Inception Date2021-03-30
Avg Daily Volume648,110
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendNeutral
RSI64.4
Support$29.50
Resistance$34.97
MA 20$31.76
MA 50$32.82
MA 200$31.74
MACDBullish
VolumeDecreasing
Fear & Greed Index95.39
Risk Assessment
Beta1.94
Volatility33.02%
Sector RiskMedium
Currency RiskLow
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.