The Fund Grade · free · no account needed
What grade does ARKX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
ARK Space Exploration ETF
#365 of 500 graded active funds · growth · large segment peer group
The point · specialist footprint
ARKX sits mid pack for specialist backing among graded funds.
Bottom 20%
Bottom 40%
● Middle
Top 40%
Top 20%
The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.
10,000+ funds tracked · the graded specialists among them drive every read
You pay 0.75% a year for a D.
3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
ARKX vs the Honor Roll · share card ↗Conviction exposure
25.7%
of the book in specialist-converged names
Late-stage weight
14.3%
of the book in Crowded or Fading names
Active share
88.7%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
ARKX grades D, ranking 365 of 500 funds, with specialists leaving positions like AVAV and JOBY while crowded trades in TER and KTOS add up to real exit pressure. The early story in RKLB and LHX is genuine, but at 0.75% annually and with three higher-graded peers in the same segment, the cost of waiting for that thesis to pay off is high.
→ Watch AVAV and JOBY closely, specialists are actively leaving both positions, which together make up 7.5% of the fund.
→ Compare the 0.75% fee against higher-graded funds in the same segment before adding new money here.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.