ARK DIET Q4 Buffer ETF

ARK DIET Q4 Buffer ETF is an actively managed exchange-traded fund designed to provide a defined outcome tied to the performance of the ARK Innovation ETF. It seeks to combine exposure to disruptive innovation themes with a built-in buffer that limits investors’ participation in downside moves to roughly half of any decline in the reference asset over each outcome period. At the same time, the fund is structured to capture upside only after a preset hurdle rate is reached, using an options-overlay approach to shape returns. The ETF is part of ARK’s DIET suite, which focuses on quarterly outcome periods and gives the fund a role in the defined-outcome ETF market. Its structure makes it distinct from traditional equity ETFs by emphasizing a pre-set risk-return profile rather than broad market tracking.