EA Series Trust - ARK 21Shares Active Ethereum Futures Strategy ETF

Frequently Asked Questions About ARKZ

What does ARKZ invest in?

ARKZ holds standardized, cash-settled Ether futures traded on the Chicago Mercantile Exchange (CME). With a targeted allocation of over 25% of total assets, the fund operates through a subsidiary structure based in the Cayman Islands. The fund employs a rolling strategy that seeks optimal roll yield by investing in contracts with the most attractive combination of cost, liquidity, and other relevant factors. Typically, these contracts have monthly or quarterly contract periods. Moreover, the fund may invest in front-month Ether Futures contracts and usually rolls to the next nearby contracts at the time believed to generate the greatest roll yield. To provide liquidity and collateral for Ether Futures investments, the remaining assets are diversified into short-term cash instruments, including U.S. Treasury securities and money market instruments. Additionally, the fund may engage in leveraging through reverse repurchase agreements.

What is the expense ratio of ARKZ?

EA Series Trust - ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ARKZ?

EA Series Trust - ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) manages $8.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ARKZ actively managed or an index fund?

ARKZ's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ARKZ launched?

EA Series Trust - ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) launched in November 2023 and is managed by EA Series Trust.

How has ARKZ performed?

ARKZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.