ARK Innovation ETF vs Best Buy Co Inc — how do they compare? ARK Innovation ETF trades at $81.32, while Best Buy Co Inc trades at $83.5 (market cap $17.55B). The key difference: Best Buy Co Inc pays a 4.61% dividend while ARK Innovation ETF pays none, and Best Buy Co Inc is trading nearer its 52-week high, ARK Innovation ETF nearer its low. Which is the better fit depends on your goals.
| ARKK | BBY | |
|---|---|---|
52-Week High | $92.50 | $90.17 |
52-Week Low | $63.52 | $55.52 |
Market Cap | — | $17.55B |
Sector | — | Consumer Cyclical |
Enterprise Value | — | $19.93B |
Dividend Yield | — | 4.61% |
Trailing returns across standard periods
Latest headlines on both assets
The fund will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund’s investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund may invest in foreign securities listed on foreign exchanges as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The fund is non-diversified.
Read more on ARKK →With $51.8 billion in fiscal 2022 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., with roughly 10.6% share of the aggregate market and north of 40% share of offline sales, per our calculations, CTA industry, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Read more on BBY →