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Despite her flagship fund, the ARK Innovation ETF (ARKK), down 45% year-over-year, ARK Invest CEO Cathie Wood’s conviction of the strategy has only increased. “Our expectation has tripled over ...
Cathie Wood, the founder of investment management firm Ark Invest, is known for her aggressive bets on disruptive technologies. Her flagship fund, the Ark Innovation ETF (ARKK), made headlines in ...
Investors bullish about the run of good news over the last two weeks in the market may want to ask whether it’s time to buy ARKK, the ARK Innovation ETF (ARKK). The strategy has risen ...
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Investors in the Ark Innovation ETF have been fed through the wringer this year, as Cathie Wood's flagship disruption fund is already down 22% — whipsawing investors in both directions.
In 2023, ARKK was the top-performing actively traded U.S. diversified ETF. [20] However, ARKK fell 24% in 2021 and, in the first quarter of 2022, it was the worst performer among equity funds covered by Morningstar, Inc. [ 21 ] For the 10 years ended December 31, 2023, it generated a 122% return, less than half of the Nasdaq-100 's 330% return.
Amidst the outbreak of COVID-19, ARKK was one of the top-performing ETFs in 2020, but it greatly underperformed the market in 2021 amidst a shift in investor preference away from technology stocks. [2] When SARK launched in November 2021, ARKK had a short interest of 17.3%, up from 2% in early 2021, indicating negative sentiment for the portfolio.
Bullish Case, $3,800,000: $100 today would be worth $4,256.00, up 4,156.0% As you can see, a small investment would turn into a sizable return if Wood’s base or bullish predictions come true.
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