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ARK Exchange Traded Funds (ETFs) | Performance Overview (for periods ended October 31, 2020)

ARK ACTIVELY MANAGED ETFs

Returns for more than one year are annualized.
Since Inception
ARKK | ARK Innovation ETF 1 Month 3 Months YTD 1 Year 3 Years 5 Years
10/31/2014
NAV -1.38% 12.92% 81.19% 106.09% 39.11% 37.39% 30.17%
Market Price -1.31% 12.96% 81.40% 106.03% 38.96% 37.41% 30.20%

ARKQ | Autonomous Technology Since Inception

1 1 Month 3 Months YTD 1 Year 3 Years 5 Years
and Robotics ETF 09/30/2014
NAV 0.67% 9.53% 55.20% 72.68% 21.76% 26.46% 20.06%
Market Price 0.61% 9.40% 55.46% 72.98% 21.75% 26.34% 20.08%

1 Since Inception
ARKW | Next Generation Internet ETF 1 Month 3 Months YTD 1 Year 3 Years 5 Years
09/30/2014
NAV 2.10% 11.38% 92.21% 115.63% 43.71% 41.85% 36.15%
Market Price 2.03% 11.38% 92.41% 115.29% 43.61% 41.70% 36.16%

Since Inception
ARKG | Genomic Revolution ETF 1 Month 3 Months YTD 1 Year 3 Years 5 Years
10/31/2014
NAV 3.04% 22.18% 95.67% 125.85% 39.30% 28.84% 23.18%
Market Price 3.19% 22.42% 96.12% 126.15% 39.22% 28.71% 23.22%

Since Inception
ARKF | ARK Fintech Innovation ETF 1 Month 3 Months YTD 1 Year 3 Years 5 Years
02/04/2019
NAV 3.21% 12.79% 70.30% 85.43% n/a n/a 51.54%
Market Price 3.13% 12.77% 70.52% 86.23% n/a n/a 51.72%

Since Since Since

Performance in Perspective 1 Month 3 Months YTD 1 Year 3 Years 5 Years
09/30/2014 10/31/2014 02/04/2019

S&P 500 Index (SPX) -2.66% 0.37% 2.77% 9.71% 10.42% 11.71% 10.81% 10.79% 13.62%
MSCI World Net Index (M1WO) -3.07% -0.16% -1.42% 4.36% 5.96% 8.13% 7.01% 7.23% 9.26%

ARK INDEX ETFs

Since Inception
PRNT | The 3D Printing ETF 1 Month 3 Months YTD 1 Year 3 Years
07/19/2016

NAV -0.88% 6.02% 4.90% 11.88% -2.22% 4.69%

Market Price -1.13% 6.81% 5.43% 13.55% -2.25% 4.74%
The Total 3D Printing Index -1.04% 5.93% 4.98% 12.10% -1.45% 5.68%

IZRL | ARK Israel Innovative Since Inception

Technology ETF 1 Month 3 Months YTD 1 Year 3 Years
12/05/2017
NAV -2.30% -2.45% 9.32% 17.62% n/a 8.99%
Market Price -2.99% -1.58% 9.64% 17.41% n/a 8.94%
ARK Israeli Innovation Index -2.15% -2.31% 11.48% 20.24% n/a 10.03%

Past performance does not guarantee future results. The performance data quoted represents past performance and current
returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed
may be worth more or less than the original cost. Returns for less than one year are not annualized. As stated in the ARK ETFs’
current prospectuses, the expense ratio for ARKK, ARKG, ARKQ, ARKF is 0.75% and 0.76% for ARKW. The expense ratio for the
Index ETF PRNT is 0.66%. The expense ratio for the Index ETF IZRL is 0.49%. Additional information about fees and expense levels
can be found in the ARK ETFs’ prospectuses. Net asset value (“NAV”) returns are based on the dollar value of a single share of an
ARK ETF, calculated using the value of the underlying assets of the ARK ETF minus its liabilities, divided by the number of shares
outstanding. The NAV is typically calculated at 4:00 pm Eastern time. Market returns are based on the trade price at which shares
are bought and sold on the exchange using the last share trade. Market performance does not represent the returns you would
receive if you traded shares at other times. The market price of ARK ETF shares may differ significantly from their NAV during
periods of market volatility.
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[1] Effective as of November 4, 2019, the name of the ARK Web x.0 ETF changed to the “ARK Next Generation Internet ETF” and the
name of the ARK Industrial Innovation ETF changed to the “ARK Autonomous Technology & Robotics ETF.”

For information regarding ARK’s ETFs, please contact our sales partner, Resolute Investment Distributors: 1-
800-679-7759 or email etfs@ark-invest.com

Investors should carefully consider the investment objectives and risks as well as charges and expenses of an ARK ETF before
investing. This and other information are contained in the ARK ETFs’ prospectuses, which may be obtained by visiting
www.ark-funds.com. The prospectus should be read carefully before investing. An investment in an ARK ETF is subject to risks
and you can lose money on your investment in an ARK ETF. There can be no assurance that the ARK ETFs will achieve their
investment objectives. The ARK ETFs’ portfolios are more volatile than broad market averages. The ARK ETFs also have specific
risks, which are described below. More detailed information regarding these risks can be found in the ARK ETFs’ prospectuses.

The principal risks of investing in the ARK ETFs include: Equity Securities Risk. The value of the equity securities the ARK ETF holds
may fall due to general market and economic conditions. Foreign Securities Risk. Investments in the securities of foreign issuers
involve risks beyond those associated with investments in U.S. securities. Health Care Sector Risk. The health care sector may be
affected by government regulations and government health care programs. Consumer Discretionary Risk. Companies in this sector
may be adversely impacted by changes in domestic/international economies, exchange/interest rates, social trends and consumer
preferences. Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in government
regulation, world events, economic conditions, environmental damages, product liability claims and exchange rates. Information
Technology Sector Risk. Information technology companies face intense competition, both domestically and internationally, which
may have an adverse effect on profit margins. Cryptocurrency Risk. Cryptocurrency (notably, bitcoin), often referred to as ‘‘virtual
currency’’ or ‘‘digital currency,’’ operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money.
Some of the ARK actively managed Funds may have exposure to bitcoin, a cryptocurrency, indirectly through an investment in the
Bitcoin Investment Trust (‘‘GBTC’’), a privately offered, open-end investment vehicle. Cryptocurrency operates without central
authority or banks and is not backed by any government. Even indirectly, cryptocurrencies may experience very high volatility and
related investment vehicles like GBTC may be affected by such volatility. As a result of holding cryptocurrency, the Fund may also
trade at a significant premium to NAV. Cryptocurrency is also not legal tender. Federal, state or foreign governments may restrict the
use and exchange of cryptocurrency, and regulation in the U.S. is still developing. Cryptocurrency exchanges may stop operating or
permanently shut down due to fraud, technical glitches, hackers or malware.

Risks specific to PRNT include Index Tracking Risk. The returns of the ETF may not match the returns of the underlying index
that the ETF is designed to track. Risks specific to IZRL include Index Tracking Risk. The returns of the ETF may not match the
returns of the underlying index that the ETF is designed to track. Israel Risk. Israeli companies may be adversely affected by changes
in political climate, government regulation, world events, economic conditions, and exchange rates. The unique characteristics of
securities of Israeli companies and the Israel stock market may have a negative impact on the ETF.

Additional risks of investing in ARK ETFs include market, management and non-diversification risks, as well as fluctuations in
market value NAV. ETF shares may only be redeemed directly with the ETF at NAV by Authorized Participants, in very large creation
units. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing
will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage
commissions and frequent trading may incur brokerage costs that detract significantly from investment returns. Detailed
information regarding the specific risks of the ARK ETFs can be found in the ARK ETFs’ prospectuses.

INDEX DESCRIPTION: The ARK Israeli Innovation Index is designed to track the price movements of exchange listed companies
that are incorporated and/or domiciled in Israel whose main business operations are causing disruptive innovation in the areas of
genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Total 3D-Printing
Index is composed of equity securities and depositary receipts of exchange listed companies from the U.S., non-U.S. developed
markets and Taiwan that are engaged in 3D printing related businesses within the following business lines: (i) 3D printing hardware,
(ii) computer aided design and 3D printing simulation software, (iii) 3D printing centers, (iv) scanning and measurement, and (v) 3D
printing materials.

The S&P 500® Index is a widely recognized capitalization-weighted index that measures the performance of the large-
capitalization sector of the U.S. stock market. The MSCI World Net Index represents large and mid-cap equity performance across
23 developed markets countries. Returns shown for the MSCI World Index are net of foreign withholding taxes applicable to U.S.
investors. Securities in the ETF’s portfolio will not match those in any index. You cannot invest directly in an index. Although
reinvestment of dividend and interest payments is assumed, no expenses are netted against an index’s returns. Index performance
information was furnished by sources deemed reliable and is believed to be accurate, however, no warranty or representation is
made as to the accuracy thereof and the information is subject to correction.

ARK Investment Management LLC is the investment adviser to the ARK ETFs.

Foreside Fund Services, LLC, distributor.