Invest
Are ARK Invest ETFs potential money traps?
By Dr Wealth  •  March 24, 2021
Over the past 1 year, Cathie Wood’s ARK Invest ETFs have delivered extraordinary returns to its shareholders. Looking at ARK Invest’s flagship ETF, the ARK Innovation ETF (NYSEMKT: ARKK), if you were to invest $10,000 a year ago, you would have already double your money. Apart from ARK Innovation ETF, there are 4 more actively managed ETF under ARK Invest:
  • ARK Genomic Revolution ETF (NYSEMKT: ARKG),
  • ARK Next Generational Internet ETF (NYSEMKT: ARKW),
  • ARK Fintech Innovation ETF (NYSEMKT: ARKF), and
  • ARK Autonomous Technology & Robotics ETF (NYSEMKT: ARKQ)
All of these have returned an average of 150% year to date thanks to the huge increase in valuation of their underlying equities. Comparing this to S&P500’s return, it is clear that ARK Invest ETFs are the clear winners of 2020....
Read the full article
By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance