Reported 4 months ago
The article discusses investing in the Ark Innovation ETF, managed by Ark Invest and focused on disruptive innovation. The ETF invests in forward-thinking companies like Tesla and Coinbase, aiming for high growth potential. However, despite its innovative focus, the Ark Innovation ETF has shown poor performance with a minimal gain over the past five years, high expense ratio, and significant volatility compared to other ETFs like the Invesco QQQ Trust and the Vanguard S&P 500 ETF. Investors are advised to carefully consider the ETF's strategy and track record before making investment decisions.
Source: YAHOO