ARKK

ARKK versus the indices: Cathie Wood disappoints

Cathie Wood's ARKK ETF showed a negative return of 9% year-to-date, while leading indices recorded double-digit gains.

By the SpyStocks desk · 2y ago · 1 min read

What excitement, I received an email from Cathie Wood's ARK – no one bothered to tell me they still exist

A lot of applause for Cathie Wood – the woman who would probably be happy to get COVID to return to her glory days in 2020 – and managed to achieve for investors in her ETF a negative return of 9% year-to-date! $ARKK

👏👏👏👏👏👏👏👏

While the Russell did 10%!

The S&P 500 index did 19%!

And the Nasdaq index did 20%!

What can we learn from Cathie Wood about the recent popularity of various ETFs?

That even a pair of pot lids clanging against each other can sometimes sound like a skilled cymbalist in a philharmonic orchestra...

As in the real world, so in the stock market, sometimes stars fall!

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