What this ETF is trying to do

The CASTLEARK LARGE GROWTH ETF (ticker: CARK) is an exchange-traded fund designed to invest in large growth companies. Based on its top holdings, the fund focuses heavily on major technology and healthcare names. This ETF is traded on the NYSE.

What the numbers show

The current price of CARK is $49.14. When looking at how the share price has moved, we can see growth over the last year.

• Year-to-Date (YTD) Price Return: The share price has increased by approximately 11.51% since the start of the year.

• One-Year Price Return: The share price has increased by approximately 11.68% over the last 12 months.

• Estimated Price from Roughly One Year Ago: Based on reconstructed data, the price was approximately $44.00 one year ago.

It is important to note that "price return" only tracks the change in the share price itself. When we look at "total return," we include the impact of distributions. For CARK, the one-year total return was approximately 11.70%.

Top Holdings

The fund holds a variety of companies, though the list provided is partial. Some of the largest holdings include:

• NVIDIA CORP (14.26%)

• ALPHABET INC CLASS A (9.52%)

• APPLE INC (6.37%)

• ELI LILLY AND CO (5.27%)

• LAM RESEARCH CORP (5.27%)

• ARISTA NETWORKS INC (5.25%)

Please remember that holdings can change over time.

Income and distribution explanation

CARK provides a small amount of income through distributions. The current distribution yield is 0.01%. This means the cash paid out is very low compared to the share price. The fund has an income rating grade of "C."

The data shows that distributions are "irregular" or "less frequent," with only one payout recorded in the last 12 months. Because the yield is so low, this ETF is primarily focused on growth rather than providing regular cash income.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be a sign of erosion, they are not the same thing.

For CARK, the erosion-risk score is 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

Pros

• Positive Price Movement: The fund has shown both year-to-date and one-year price growth.

• Low Erosion Risk: The current erosion-risk measurements are rated as "good."

Cons

• Low Income: The distribution yield is very low, which may not meet the needs of investors looking for regular cash payments.

• Irregular Payouts: Distributions do not follow a frequent or predictable schedule.

Beginner takeaway

CARK is an ETF that focuses on large growth companies, such as major tech firms. While it has seen its share price increase over the last year, it does not pay out much income to investors. It is a growth-oriented fund rather than an income-oriented fund.