ARK Next Generation Internet ETF (ARKW) is a deep-tech ETF. As of October 28, 2026, ETF Copilot scores ARKW 5.4 out of 10 — highest on Growth (9.7), lowest on Risk (0.2). It trades at 38.5 times earnings, against its own median of 43.1. Its ten largest holdings are 50% of the fund.
What stands out in ARKW's data
Next-generation internet stocks, from digital infrastructure to platforms.
Priced among the most expensive deep-tech funds — you pay more for each dollar of earnings.
Its trailing EBITDA multiple of 25.4x is above the category median of 18.3x and its own five-year median of 23.4x. Return on equity of 11.7% trails the category norm of 16.3%.
A satellite sleeve for portfolios that want direct exposure to the next-generation internet theme.
Why did ARKW move this week? It fell 2.4% in the week to October 28, 2026 — Bitmine Immersion Technologi and Meta Platforms drove it
ARKW fell 2.4% in the week to October 28, 2026. The holdings that moved it most were Bitmine Immersion Technologi (−8.0%), Meta Platforms (−12.2%) and Circle Internet (−8.9%); Tesla (+4.6%) pushed the other way.
How is ARKW rated? ETF Copilot scores ARK Next Generation Internet ETF (ARKW) 5.4 out of 10
As of October 28, 2026, ETF Copilot scores ARK Next Generation Internet ETF (ARKW) 5.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.4 / 10
- Growth: 9.7 / 10
- Value: 7.2 / 10
- Risk: 0.2 / 10
- Quality: 1.0 / 10
- Return: 6.3 / 10
Is ARKW expensive right now? It trades at 38.5 times earnings, against its own median of 43.1
As of October 28, 2026, ARKW is cheaper than 81% of its own last 2 years.
Trailing 12 months, built from ARKW's holdings. How we calculate this →
What's inside ARKW? 53% Tech
What's inside ARKW: Size (Large 82%, Mid 15%, Small 2%); Geography (International 12%, US 88%); Tech 53.0%; Magnificent 7 28.0%; AI 34.5%; Semiconductors 15.7%; Memory 10.2%.
What are ARKW's top holdings? The ten largest are 50% of the fund
More concentrated than 73% of Deep Tech ETFs.
Half of ARKW's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 25 equally weighted holdings.
What is ARKW's expense ratio? 0.76% a year
As of October 28, 2026, ARKW charges 0.76% a year, yields 1.50% and holds $1.6B in assets across 34 positions.
| Measure | ARKW |
|---|---|
| Expense ratio | 0.76% |
| Dividend yield | 1.50% |
| Assets under management | $1.6B |
| Holdings | 34 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “ARK Next Generation Internet ETF (ARKW) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/arkw
ETF Copilot Pro unlocks ARKW's price and holdings.
Try Pro free →