#7 - ARK Next Generation Internet ETF (NYSEARCA:ARKW)
As you can see, the race for quantum computing leadership and supremacy is underway and moving fast. If you’re unsure about investing in individual stocks, an exchange-traded fund (ETF) is an ideal alternative.
The ARK Next Generation Internet ETF (NYSEARCA: ARKW) gives investors broad exposure to the technology sector while also providing indirect access to the quantum computing space.
Critics may argue that only one of the fund’s holdings, Microsoft, is on this list. But that’s primarily because most pure-play quantum firms are still too small to attract fund managers' attention.
ARKW is up 32% in the last 12 months and has $1.69 billion in assets under management. However, investors should note its relatively high expense ratio of 0.89%.
About ARK Next Generation Internet ETF
The ARK Next Generation Internet ETF (ARKW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies its managers have identified as benefiting from an infrastructure shift away from hardware and software toward cloud and mobile.
More about ARK Next Generation Internet ETF- Current Price
- $91.59
- Asset Class
- Equity
- Fund AUM
- $1.62 billion
- Expense Ratio
- 0.87%
- 6-Month Performance
- 18.92%
- 1-Year Performance
- 11.23%
Quantum computing is steadily moving from the theoretical to the practical. However, the few quantum computers that exist today are expensive. That's why industry experts believe it will be years, and probably decades, before useful, functioning quantum computers can be built and brought to market.
So investors will need to be patient and realistic about when they will receive a payoff from their quantum computing stocks. Those looking at pure-play companies should understand that many companies have challenging fundamentals. They have high expenses, are years away from being profitable, and are generating very little revenue. Shareholder dilution is possible.
Nevertheless, if you have a suitable risk tolerance and a long time horizon, this can be a good time to get exposure to quantum computing stocks. Even if you're not ready to invest, you can add them to a watchlist on MarketBeat and get regular alerts when news breaks that could affect the stock.
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