ARK Innovation ETF vs ProShares UltraPro S&P500 — how do they compare? ARK Innovation ETF trades at $81.34, while ProShares UltraPro S&P500 trades at $154.41. The key difference: ProShares UltraPro S&P500 is trading nearer its 52-week high, ARK Innovation ETF nearer its low. Which is the better fit depends on your goals.
| ARKK | UPRO | |
|---|---|---|
52-Week High | $92.50 | $155.10 |
52-Week Low | $63.52 | $89.29 |
Sector | — | Leveraged / Inverse |
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 →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →