ARK Innovation ETF vs iShares MSCI Canada (TSX) — how do they compare? ARK Innovation ETF trades at $81.56, while iShares MSCI Canada (TSX) trades at $61.69. The key difference: iShares MSCI Canada (TSX) is trading nearer its 52-week high, ARK Innovation ETF nearer its low. Which is the better fit depends on your goals.
| ARKK | EWC | |
|---|---|---|
52-Week High | $92.50 | $61.51 |
52-Week Low | $63.52 | $47.00 |
Sector | — | Broad Market / Factor |
Trailing returns across standard periods
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 →EWC is a country-specific ETF that tracks the performance of the Canadian equity market. It provides exposure to large and mid-sized companies in Canada, with heavy concentrations in financials and energy, including Royal Bank of Canada, Shopify, and Enbridge.
Read more on EWC →