ARKX And 'Space Exploration' Are Back In The Spotlight, Yet I Still Prefer To Look Elsewhere

  • ARK Space Exploration & Innovation ETF offers vertical exposure to space exploration but holds only 35–55 positions, with 47% directly linked to the space sector. The space sector within ARKX might still be immature, according to my calculations, 27% of the holdings are operating at a loss and 47% appear overvalued. Indirectly connected holdings are more sustainable but often overlap with cheaper, passive ETFs, raising concerns about overexposure.